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BUSINESS ANALYSIS DECADAL
: HUDS is a limited-service hotel development and management company. As of 5/99 the Co. owns 25 hotels and has contracts to manage a total of 44 hotels. For the FY ended 12/31/99, revenues fell 11% to $51.3M. Net loss applic. to Common before extra. item fell 75% to $3.9M. Revenues reflect the elimination of the Canandaigua Inn on the Lake and 3 hotels. Lower loss reflects the absence of a $5.3M asset disposition loss & a $4.8M non-recurring cost.