Word: florida
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Dates: during 1990-1999
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After exchanges from Hawaii to England, Tom and Pat Hogan of Carrollton, Texas, are so enamored of the house-swap life that they're shopping for a retirement home in Florida, partly because it is a much sought destination for vacationing Europeans. "That way, we could string together four or five exchanges," Pat says, "and spend time in Europe in the summer...
Nearly 2 million U.S. households own time-shares, paying an average of $10,500 for an annual week at a condominium in a hot spot like Florida or Hawaii. As operators have spruced up lodgings and given owners more flexibility, time-share sales have risen 14% a year, making them the fastest-growing part of the hospitality industry. Trusted brands like Marriott are expanding their offerings in what is globally a $6 billion- a-year business. To help you decide whether to join this parade, TIME asked some time-share veterans about their experiences...
...Head, S.C., where beachfront property was too expensive for him to buy outright. Strong and his peers are also getting variety through bartering. For a fee of about $120 a year, companies like Resort Condominiums International and Interval International will broker an exchange, letting time-share owners in, say, Florida, the most popular destination, journey off to Colorado or Europe...
...that it was withdrawing the first $5 million from the $97 million made available by the Iraq Liberation Act. But instead of guns, the Pentagon is providing desks, faxes and computers. And for military training, the Defense Department is starting out by having four Iraqi exiles fly to a Florida Air Force base this week for 12 days of classes on the role of the military in developing democracies. The four have been told to wear casual civilian clothes. It is clear that the White House hopes that if military power can't oust Saddam, maybe these insurgents can. Others...
...Over the course of 10 years, they say, the riddles of the cord have been solved. The question now is not what the treatments for an injured spine should be, but how best to implement them. At hospitals such as the Karolinska Institute in Sweden and the University of Florida, human trials are already getting under way. Studies at other hospitals are sure to follow. Says Black: "The astounding progress over the past decade dwarfs the progress of the past 5,000 years." Reeve may not stand up the day he turns 50, but the real possibility does exist that...