Meanwhile, Earnings Before Interest, Taxes, Depreciation andAmortization increased 20% during the quarter to $12.2 million, andtotal revenues for the quarter increased 9.3% to $36.9 million. Inaddition, operating margins in the hotel division increased 7/10thsof a percent to 33.9%, showing increased synergies since itspurchase of WestCoast Hotels. Revenue Per Available Room increased5.5% during the quarter, on increases to both occupancy and AverageDaily Rate.

The Company's Real Estate division revenues declined slightly,from $2.4 million in the third quarter of 1999, to $2.3 million inthe same quarter this year. Operating margins in the divisionincreased, from 52.1% to 53.0% this year, maintaining thecontribution to overall profits within $23 thousand.

In the TicketsWest.com division, revenues declined year on yeardue primarily to exceptionally strong prior year results. Inaddition, less than expected revenue and lower margins from thecompany's Fastixx ticketing operation contributed to the overalldivision's negative performance.