What does the Philippine government do with the former U.S. Air Force Base at Clark Field? Philippines President Fidel V. Ramos and his government owned Clark Development Corporation have a vision - Las Vegas -...Harrah�s Entertainment has an Oct. 30, 1996 PR Newswire release announcing its intention to participate in the rebirth of Clark Field.

President Ramos has been busy lately talking tourism and hotels for his country. ITT Sheraton has also been meeting with President Ramos. ITT Sheraton has an Oct. 30, 1996 PR Newswire release announcing their participation in two new luxury hotels in the Philippines.

Hoteliers are keeping The United States Patent and Trademark Office busy. On Oct. 29, 1996 Hilton Hotels announced their new Sleep-Tight Rooms (sm). Today AmeriSuites has announced its introduction of Taking Care of Business Suites (sm)...

For those of you watching your total payroll and benefit costs as a percent of sales...you should take a look at Supertel Hospitality third quarter results issued today through PR Newswire. For 9 months ending 9/30/96 Supertel�s percentage of payroll and benefits to total revenues is 23.8%. If you are in full-service properties...wouldn�t that be something!!

Vacation ownership interests - also known as time shares - is the bread and butter of Vacation Break U.S.A., Inc. Read their 3rd quarter report issued today from PR Newswire and you will be smarter about the business of time shares...which continues to rebound internationally.

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Later...

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