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Financial Highlights
As of or for the years ended December 31,
      2002        2001         2000         1999         1998
    (in millions, except per share data)  
    As Revised (See Note 1 to the
Company Results   Consolidated Financial Statements)
   Total Assets $ 314.4   $ 321.2 $ 484.1 $ 464.7 $ 398.2
   Long-Term Debt 307.8   281.3 297.2 307.4 279.2
   Total Revenues 365.6   341.4 352.8 324.2 295.4
   Net Income 60.8   14.3 42.4 57.2 55.3
   Cash Flow from Operations 99.0   101.7 53.9 65.0 40.5
   Basic Earnings per Share $ 1.55   $ 0.32 $ 0.80 $ 1.04 $ 0.94
   Diluted Earnings per Share $ 1.52   $ 0.32 $ 0.80 $ 1.03 $ 0.93
System Results – (Unaudited)    
   Domestic:    
      Revenues (estimated in millions) $ 3,406   $ 3,375 $ 3,423 $ 3,256 $ 3,063
      Franchise Hotels 3,482   3,327 3,244 3,123 3,039
      Franchise Hotels Under Development 310   462 493 596 866
      Franchise Rooms 282,423   270,514 265,962 258,120 252,357
      Revenue Per Available Room $ 34.48   $ 35.83 $ 36.72 $ 35.33 $ 34.35
   Total (Domestic and International)                      
      Franchise Hotels 4,664     4,545     4,392     4,248     3,670
      Franchise Hotels Under Development 474     689     703     761     1,005
      Franchise Rooms 373,722     362,549     350,351     338,254     305,171
 
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