Host Funding, Inc. - HFDI- Profile

Host Funding, Inc.. The Group's principal activity is that of leasing hotel property. The Group acquires and leases high quality, limited service and full service hotels affiliated with national or regional hotel chains. The Group leases each of the company hotels pursuant to the company's standard form percentage lease. As of 31-12-2001, the hotel property portfolio of the Group consisted of 8 hotels located in 7 states consisting of approximately 600 rooms. Rental income accounted for 98% of 2001 revenues and interest income, 2%. Acquires and leases limited service and full service hotels/hotel properties throughout the United States