RENTAL POOL MANAGEMENT

      HII provides a package of services to the unit owner via the rental pool.
      Unit owner services within the rental pool include the following:

: :  The sales and marketing of all apartments in the hotel rental program.

: :  Minor maintenance of the interior of each owner’s unit.

: :  Daily or weekly cleaning of the apartment.

: :  Inspection of apartment interiors by management, maintenance and      housekeeping staff.

: :  Establishment of a replacement fund to assist owners with the periodic      replacement and upgrade of furniture, fixtures and equipment based
     upon a percentage of revenues earned from the rentals.

: :  Preventive maintenance within the room to insure the longevity of      furniture, fixtures and equipment.

: :  Control of day-to-day operations of the hotel rental program.

: :  Set-up of the payment of earnings to owner based upon owner’s      preference.

: :  Supervision and management of all employees involved in the hotel rental      pool of apartments.

: :  Preparation of all financial statements for the hotel operation on a
     monthly basis.

: :  Preparation of annual budgets for the hotel operation prior to each      operational year.

: :  Insuring the security of the owner’s asset.

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