Thunderbird Resorts Inc.: Revenue Report for December 2009

Donnerstag, 14.01.2010 03:35 von Hugin - Aufrufe: 243

PANAMA, REPUBLIC OF PANAMA -- (MARKET WIRE) -- 01/13/10 -- Thunderbird Resorts
Inc. ("Thunderbird" or "Group") (FRANKFURT: 4TR)(EURONEXT: TBIRD) reports the
following sales for December 2009:
 
Thunderbird Resorts Inc. - Group-wide sales results by country
(unaudited)
 
(in thousands) December 2009
 
Panama 5,486
 
Costa Rica (1) 1,786
 
Nicaragua 1,230
 
Guatemala 363
 
Philippines 3,568
 
Poland 262
 
Peru Gaming 1,907
 
Peru Hotel 1,174
 
Total Consolidated Revenues 15,776
 
(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 <http://www.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@thunderbirdresorts.com
 
Thunderbird Resorts Inc.
Michael G. Fox
Chief Financial Officer
mfox@thunderbirdresorts.com /
info@thunderbirdresorts.com
www.thunderbirdresorts.com <http://www.thunderbirdresorts.com/>
 
[HUG#1373378]
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