EXHIBIT 21

                         Subsidiaries of the Registrant
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RRF Limited Partnership, a Delaware limited partnership.

        Yuma Hospitality Properties, Ltd., an Arizona limited partnership.

        Northern Phoenix Investment Limited Partnership, an Arizona limited
        partnership.

        Tucson Hospitality Properties, Ltd., an Arizona limited partnership.

        Baseline Hospitality Properties, Ltd., an Arizona limited partnership.

        Ontario Hospitality Properties Limited Partnership, an Arizona limited
        partnership.

        Tucson St. Mary's Suite Hospitality LLC, an Arizona limited liability
        company.

        Buena Park Suite Hospitality LLC, an Arizona limited liability company.

        Albuquerque Suite Hospitality LLC, an Arizona limited liability company.