He expects future turnover to average 150 percent, still high.

He said he expected a drop to 5 percent this year.

Moreover, inflation is expected to top 50 percent for the year.

The company had expected an increase of 3 percent to 5 percent.

Hotel executives expect a further decline this year to 65 or 67 percent.

This time, the mayor said, the cumulative decline is expected to total 12 percent.

It is expected to average 4.2 percent in the second half of 1989.

He expects earnings growth to average 15 to 18 percent over three to five years.

This year, the earnings growth rate is expected to top 15 percent.

He expects annual earnings growth to average 15 percent over the next two to three years.