WASHINGTON D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

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

       Date of Report (Date of earliest event reported): February 20, 2001

                          BUCKHEAD AMERICA CORPORATION
               (Exact name of registrant as specified in charter)

                         Commission File Number 0-22132

                 Delaware                                 58-2023732
   (State or other jurisdiction of             (IRS Employer Identification No.)

           7000 Central Parkway
                 Suite 850                                   30328
          Atlanta, Georgia 30328                           (Zip Code)
 (Address of principal executive offices)

        Registrant's telephone number including area code (770) 393-2662

          (Former name or former address, if changed since last report)

                            4243 Dunwoody Club Drive
                                    Suite 200
                             Atlanta, Georgia 30350


Item 5. Other Events.

     On  February  20,  2001,   Buckhead  America  Corporation  (the  "Company")
published the press release attached hereto as Exhibit 99.1.

Item 7. Financial Statements and Exhibits.

          (a)  Financial Statements.

               Not applicable.

          (b)  Pro Forma Financial Information.

               Not applicable.

          (c)  Exhibits.

               Exhibit Number              Description

               99.1                        Press Release dated February 20, 2001


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

                                  BUCKHEAD AMERICA CORPORATION

Date:  February 20, 2001          By: /s/ Robert B. Lee
                                      Robert B. Lee, Vice President and Chief
                                      Financial Officer


                                 EXHIBIT INDEX

      EXHIBIT NUMBER                             DESCRIPTION
      --------------                             -----------
           99.1              Press Release dated February 20, 2001