Thunderbird Resorts Inc.: February 2010 Revenue Report
(Thomson Reuters ONE) -
PANAMA, REPUBLIC OF PANAMA--(Marketwire - March 8, 2010) - Thunderbird Resorts
Inc. ("Thunderbird" or "Group") (FRANKFURT: 4TR)(EURONEXT: TBIRD) reports the
following:
The Group reports the following revenues for February 2010:
Thunderbird Resorts Inc. - Group-wide sales
results by country (unaudited)(in thousands) February 2010
Panama $4,378
Costa Rica (1) 1,754
Nicaragua 786
Guatemala 324
Philippines 3,617
Poland 231
Peru Gaming 1,621
Peru Hotel 1,191
Total Consolidated Revenues $13,902
(1)During the third quarter of 2008, the Group acquired a controlling interest
in the entity that holds the Fiesta Casino Holiday Inn Express (formerly Garden
Court) operation, and as a result began consolidating that operation at 100
percent beginning 1 September 2008. The balance of the Costa Rican operation is
a joint venture of the Group and its results of operations are proportionally
consolidated into the Group's financial statements, therefore the table above
represents the Group's 50 percent share in all the operations other than the
Holiday Inn Express property which is reported at 100 percent. The Group owns
controlling interest in all other countries and accordingly sales are reported
at 100 percent. For details of Group ownership at the country level please refer
to the Group's Annual Report 2008.
ABOUT THE COMPANY
We are an international provider of branded casino and hospitality services,
focused on markets in Central and, South America, Southeast Asia and India. Our
mission is to "create extraordinary experiences for our guests." Additional
information about the Group is available on its World Wide Web site
atwww.thunderbirdresorts.com
Cautionary Notice: This release contains certain forward-looking statements
within the meaning of the securities laws and regulations of various
international, federal, and state jurisdictions. All statements, other than
statements of historical fact, included herein, including without limitation,
statements regarding potential revenue and future plans and objectives of the
Group are forward-looking statements that involve risk and uncertainties. There
can be no assurances that such statements will prove to be accurate and actual
results could differ materially from those anticipated in such statements.
Important factors that could cause actual results to differ materially from the
Group's forward-looking statements include competitive pressures, unfavorable
changes in regulatory structures, and general risks associated with business,
all of which are disclosed under the heading "Risk Factors" and elsewhere in the
Group's documents filed from time-to-time with the NYSE Euronext Amsterdam and
other regulatory authorities.
Contacts:
Thunderbird Resorts Inc.
Kevin McDonald
Investor Relations
(858) 668-2503
kevin.mcdonald(at)thunderbirdresorts.com
Thunderbird Resorts Inc.
Michael G. Fox
Chief Financial Officer
mfox(at)thunderbirdresorts.com
info(at)thunderbirdresorts.com
www.thunderbirdresorts.com
[HUG#1391915]
Unternehmensinformation / Kurzprofil:
Datum: 08.03.2010 - 21:34 Uhr
Sprache: Deutsch
News-ID 16684
Anzahl Zeichen: 0
contact information:
Town:
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Kategorie:
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