EMPLOYMENT AGREEMENT


         THIS EMPLOYMENT AGREEMENT is made and entered into as of the 1st day of
September,  1999  (the  "Effective  Date")  by and  between  John  Wilkens  (the
"Employee") and Hospitality  Worldwide Services,  Inc., a corporation  organized
and existing under the laws of New York (the "Company").

                                    RECITALS

         A. The Company  desires to engage the Employee to serve as an Executive
and Financial Officer; and

         B. The Employee  desires to be employed by the Company in such capacity
and to assume the duties and responsibilities set forth in this Agreement; and

         C. The Company and the Employee have agreed on the terms and conditions
of such employment, and wish to reduce their agreement to writing herein.

                                    AGREEMENT

         NOW,  THEREFORE,  in  consideration  of the  premises,  and the  mutual
promises set forth below, the parties hereto agree to as follows:

         1.  Employment.  Subject to the terms and  conditions set forth in this
Agreement, the Company hereby employs the Employee as an Executive and Financial
Officer and the Employee  hereby  accepts such  employment and agrees to perform
the duties and to accept the  responsibilities  described  herein.  The Employee
shall at all times carry out his duties hereunder diligently,  honestly, in good
faith,  in  accordance  with all  applicable  laws,  and with due  regard to his
fiduciary  duties to the Company and its  shareholders.  The Company  shall,  in
connection with the Employee's  employment,  comply with all applicable  federal
and state laws preventing  discrimination  against any employee because of race,
color, religion, sex, national origin, age, handicap, or veteran status.

         2. Duties and Responsibilities.

         (a) The  Employee  shall  perform  all the  duties  and  accept all the
responsibilities  incidental to the position of Executive and Financial  Officer
of the Company, including those that may be assigned to him by the President and
Board of Directors of the  Company.  The Employee  shall devote his best efforts
and his full  working  time to perform his duties and shall use his best efforts
to promote the business  interests of the Company.  The Employee  shall not work
either on a part-time or independent  contractor basis for any other business or
enterprise  during the term of this Agreement  without the prior written consent
of the Board of Directors.


<PAGE>
The  Employee  shall at all times  perform his duties in a manner that is in the
best interests of the Company.

         (b) The  Employee's  principal  place of work  shall  be the  Company's
officer  in  Coral  Gables,   Florida.   The  Employee   shall   undertake  such
business-related  travel as is necessary for the  fulfillment  of his duties and
responsibilities hereunder.

         3. Compensation.

         (a) In  consideration  of the  services to be rendered by the  Employee
hereunder, the Company shall pay to the Employee an annual salary (the "Salary")
of  $184,000.  The Salary shall be payable in equal  installments  on a periodic
basis  consistent  with the  Company's  practice  for payment of salaries to its
other executive employees.

         (b) The Salary shall be increased on each  anniversary of the Effective
Date by an amount  equal to the  percentage  increase,  during the  twelve-month
period  preceding  such  anniversary  date, in the Consumer  Price Index for All
Urban Consumers.

         4. Expenses.  The Company,  in accordance with such rules and practices
as it may establish,  shall pay or reimburse the Employee for all reasonable and
necessary  business  expenses incurred in connection with the performance by the
Employee of his duties under this Agreement.

         5. Benefits and Other Payments.

                  (a) (i) The  Employee  shall  receive all  employee  benefits,
including, but not limited to, health care, provided by the Company to its other
executive  employees.  The  Employee  shall be  entitled  to (A) four weeks paid
vacation  per  year,  and  (B)  sick  leave  in  accordance  with  the  policies
established  by  the  Company  applicable   generally  to  its  other  executive
employees.

                      (ii) The  Company  shall  purchase  and  maintain in force
during the term of this  Agreement a contract of term life insurance on the life
of the Employee with a death benefit of $500,000.00. The Employee shall have the
right to designate the beneficiary.

                  (b) (i) (A) The Company  will pay  directly or  reimburse  the
Employee  the  reasonable  expenses  incurred by him in moving from the New York
City area to the South Florida area, including  transportation  expenses for the
Employee and his family and moving family household items.

                           (B) The payments and  reimbursements  contemplated at
section  5(b)(i)(A)  above  shall be made only  presentation  to the  Company of
receipts,  invoices,  bills or other  documents  reasonably  satisfactory to the
Company.


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<PAGE>

                      (ii) The  Company  shall  make a  one-time  payment to the
Employee of $25,000.00 to compensate him for the costs, direct and indirect,  of
moving to South  Florida that are not paid or reimbursed  under section  5(b)(i)
above.  The  Employee  shall not be  required  to account to the Company for the
payment contemplated by this section 5(b)(ii).

                  (d) (i) If  prior  to  termination  of this  Agreement,  there
should be a "Change of  Control",  as defined in  section  5(d)(ii)  below,  and
thereafter (A) this Agreement should be terminated by the Company for any reason
other than Just Cause or (B) the  Employee  is placed in any  position of lesser
stature than that of Executive and Financial Officer of the Company; is assigned
duties  inconsistent  with Executive and Financial  Officer or duties which,  if
performed,  would  result  in a  significant  change  in the  nature or scope of
powers,  authority,  functions or duties  inherent in such  position on the date
hereof; is assigned performance  requirements or working conditions which are at
variance  with the  performance  requirements  and working  conditions in effect
immediately  prior to the  Change of  Control;  or is  accorded  treatment  on a
general  basis that is in  derogation  of his status as Executive  and Financial
Officer;  (C) the  Company  breaches  its duties  under  sections 3 or 5 of this
Agreement;  or (D) the Company  requires the  Employee to perform his  principal
duties for the  Company  outside  South  Florida or such other area at which the
Employee performed his duties  immediately prior to the Change of Control;  then
the Employee may terminate this Agreement and upon such termination, the Company
will pay to Employee,  as liquidated  damages,  a lump sum cash payment equal to
two times Salary.

                      (ii)  "Change  of  Control"  shall be deemed to have taken
place if (A) any person,  including a group,  becomes  the  beneficial  owner of
shares of the Company  having 50% or more of the total  number of votes that may
be cast for the election of  Directors  of the Company;  or (B) there occurs any
cash  tender or  exchange  offer  for  shares  of the  Company;  merger or other
business  combination,  sale of assets or contested election, or any combination
of the foregoing transactions, and as a result of or in connection with any such
event persons who were  directors of the Company before the event shall cease to
constitute a majority of the Board of Directors of the Company or any  successor
to the Company.  As used herein,  the terms "person" and "beneficial owner" have
the same meaning as such terms under  Section 13(d) of the  Securities  Exchange
Act of 1934, as amended, and the rules and regulations hereunder.

         6. Term and Termination.

                  (a) This Agreement  shall become  effective as of September 1,
1999 and shall terminate on August 31, 2002.

                  (b) The  Company  shall  have  the  right  to  terminate  this
Agreement at any time for "Just Cause" upon written notice to the Employee,  and
such termination  shall be effective upon delivery of such notice.  For purposes
of this  Agreement,  "Just Cause" shall mean a material breach of this Agreement
by the Employee,  any act of dishonesty  or fraud  committed by Employee  (other
than by reason of the death of the Employee), misappropriation of funds of the


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<PAGE>
Company,  willful  and  deliberate  malfeasance,  gross  negligence,  or any act
substantially  impeding the Employee's ability to perform his duties in the best
interests of the Company.

                  (c) If this  Agreement  is  terminated  for Just  Cause by the
Company, or is terminated by the Employee prior to the date of expiration of the
term, the Employee shall be entitled to receive any unpaid Salary accrued to the
date of such termination plus any unpaid expense reimbursement.

         7.  Confidentiality.  The Employee shall not,  during the period of his
employment hereunder or at any time thereafter,  unless specifically  authorized
by a resolution of the Board of Directors of the Company, use or disclose to any
person or entity,  any  confidential or secret  information  with respect to the
business or affairs of the  Company,  or any of its  affiliates,  including  any
information  concerning customers or prospective customers of the Company or its
affiliates,  unless such information  becomes generally  available to the public
(and only after it becomes so available).  The Employee agrees that he will hold
all such information in a fiduciary  capacity for the benefit of the Company and
its affiliates and shareholders.

         8. Freedom to Contract.  The  Employee  represents  and warrants to the
Company  that he is not a party to nor is he bound by any  agreement or law that
prohibits his execution of this  Agreement,  his acceptance of employment by the
Company,  or his  performance  of his  duties  and  obligations  hereunder.  The
Company's  obligations  hereunder are subject to the condition that the Employee
is not in  violation  of,  nor a party to,  any  employment  or other  agreement
restricting  his right or ability to be  employed  by the Company or to serve in
the capacity designated hereby.

         9. Arbitration.  The parties hereto agree that any controversy or claim
arising out of or relating to this Agreement and Employee's employment hereunder
shall be referred to and finally resolved by arbitration in Miami-Date,  Florida
in accordance with the Commercial  Arbitration Rules of the American Arbitration
Association, and judgment on the award rendered by the arbitrator may be entered
in any court having jurisdiction  thereof.  The expenses of arbitration shall be
shared  equally  between the parties.  This Section 9 shall not in any way limit
the right of the  Company  to obtain  provisional  remedies  for  violations  of
Section 6 or 7 of this Agreement pending the outcome of arbitration proceedings.

         10. Notice. All notices, consents,  approvals,  requests,  instructions
and other  communications  required by or related to this Agreement  shall be in
writing and shall be  delivered  personally  or shall be sent by  registered  or
certified mail, return receipt requested, or by facsimile  transmission,  to the
receiving party at the following address and communication numbers:



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<PAGE>

         If to the Company:         Hospitality Worldwide Services, Inc.
                                    201 Alhambra Circle
                                    Coral Gables, FL 33134
                                    Attn:  Douglas Parker, President
                                    Facsimile:  305-774-3035
                                    Telephone:  305-774-4040

         with a copy to:            Samuel C. Ullman, Esq.
                                    Steel Hector & Davis LLP
                                    200 South Biscayne Boulevard
                                    Suite 4000
                                    Miami, FL 33131
                                    Facsimile:  305-577-7001
                                    Telephone:  305-577-7080

         If to the Employee:        John Wilkens
                                    ____________________________
                                    ____________________________
                                    ____________________________


         11.  Assignment.  Neither  party may assign its rights or delegate  its
obligations  hereunder  without  the prior  written  consent of the other  party
hereto.

         12. Miscellaneous.

                  (a) Payments by the Employer  pursuant to this Agreement shall
be subject to tax withholding as required by law.

                  (b)  This   Agreement   sets  forth  the  full  and   complete
understanding  between the parties  hereto  with  respect to the subject  matter
hereof, and supersedes any prior agreement, oral or written, between the parties
hereto with respect to the subject matter hereof.

                  (c) This Agreement may be amended or  supplemented at any time
only by written instrument executed by the Company and the Employee.

                  (d) Each term and provision of this  Agreement  shall be valid
and  enforceable to the fullest extent  permitted by applicable  law. Should any
term or provision of this Agreement be held invalid,  illegal or  unenforceable,
the remainder of this  Agreement,  including the application of such term to the
extent not invalid, illegal or unenforceable, shall not be affected thereby, and
this Agreement shall be interpreted as if such term or provision,  to the extent
invalid, illegal or unenforceable, did not exist.



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<PAGE>


                  (e) This  Agreement  shall be governed by and  interpreted  in
accordance with the laws of the State of Florida.

                  (f) No waiver of any  provision  of this  Agreement  by either
party  hereto  shall be  effective  unless  executed in writing or  constitute a
waiver of any other provision hereof.

                  (g) The  headings in this  Agreement  are for  convenience  of
reference only and shall not be considered as part of this Agreement or limit or
otherwise affect the meaning hereof.

                  (h) This  Agreement may be executed and  delivered,  including
execution and delivery by facsimile transmission, in counterparts, each of which
shall be deemed an original and both of which together shall  constitute one and
the same instrument.

         IN WITNESS  WHEREOF,  the Company and the Employee  have  executed this
Agreement as of the date first set forth above.

                                 HOSPITALITY WORLDWIDE SERVICES, INC.


                                 By:/s/ Douglas Parker
                                    --------------------------------------------
                                      Douglas Parker, President


                                 By:/s/ John Wilkens
                                    --------------------------------------------
                                      John Wilkens





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