SECURITIES AND EXCHANGE COMMISSION
                              Washington D.C. 20549


                                   FORM 8-K/A

                                 Current Report

                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934



         Date of Report (Date of earliest event reported): July 8, 1997


                             GOLF HOST RESORTS, INC.
             (Exact name of registrant as specified in its charter)


          Colorado                     2-64309                  84-0631130
(State or other jurisdiction    (Commission File Number)     (I.R.S. Employer
     of incorporation)                                      Identification No.)


             P.O. Box 3131, Durango, Colorado                      81302
        (Address of principal executive offices)                 (Zip Code)




Copy to:  Merrick R. Kleeman                          James B. Carlson
          Starwood Capital Group                      Mayer, Brown & Platt
          Three Pickwick Plaza                        1675 Broadway, Suite 1900
          Greenwich, CT 06830                         New York, NY 10019
          (203) 861-2100                              (212) 506-2500


Registrant's telephone number, including area code: (303) 259-2000


                                 Not Applicable
          (Former name or former address, if changed since last report)



Item 4.  Changes in Registrant's Certifying Accountant.

         Effective July 8, 1997, the  registrant has dismissed  Arthur  Andersen
LLP ("Arthur  Andersen") as the  registrant's  independent  accountant,  and has
retained Price Waterhouse as the new independent  accountant for the registrant.
The change was implemented solely as a result of the change in control discussed
above.  Arthur Andersen's reports on the registrant's  financial  statements for
the past two years  contained no adverse  opinion or disclaimer of opinion,  and
were not  qualified  or modified as to  uncertainty,  audit scope or  accounting
principles.  The  change  of  accountants  was  duly  approved  by the  board of
directors of the  registrant.  During the  registrant's  two most recent  fiscal
years and subsequent  interim  period  through the date of dismissal  there have
been  no  disagreements  with  Arthur  Andersen  on  any  matter  of  accounting
principles or practices,  financial statement  disclosure,  or auditing scope or
procedure.


Item 7.  Financial Statements, Pro Forma Financial Information and Exhibits.

         The following documents are filed as exhibits hereto:

         Exhibit 16.1  Letter from Arthur Andersen LLP.







                                        2

                                   SIGNATURES


         Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended,  the  registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.


                                             GOLF HOST RESORTS, INC.
                                             (Registrant)



Date: August 29, 1997                    By: /s/ Merrick R. Kleeman
                                             Name: Merrick R. Kleeman
                                             Title: President




                                                                   Exhibit 16.1


                                [Arthur Andersen]



                                             September 2, 1997


Securities and Exchange Commission
Washington, DC 20549


Gentlemen:

         We have received a copy of Golf Host Resorts,  Inc.'s (the  registrant)
Form 8-K/A dated July 8, 1997 and filed September 2, 1997,  regarding the change
of independent accountants.  We agree with the statements made by the registrant
in response to Item 304(a)(3) of Regulation S-K.

                                             Very truly yours,

                                             /s/ Arthur Andersen LLP

Copies to:
   Francis A. Fuselier
   Richard L. Akin