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Thunderbird Resorts Inc.: January 2010 Revenue Report

ID: 1010387

(Thomson Reuters ONE) - PANAMA, REPUBLIC OF PANAMA--(Marketwire - February 11, 2010) - ThunderbirdResorts Inc. ("Thunderbird" or "Group") (FRANKFURT: 4TR)(EURONEXT: TBIRD)reports the following:The Group reports the following revenues for January 2010:----------------------------------------------------------------------------Thunderbird Resorts Inc. - Group-wide sales results by country (unaudited)(in thousands)                                      January 2010----------------------------------------------------------------------------Panama                                                                 4,925Costa Rica (1)                                                         1,848Nicaragua                                                                952Guatemala                                                                397Philippines                                                            4,356Poland                                                                   139Peru Gaming                                                            1,878Peru Hotel                                                             1,198----------------------------------------------------------------------------Total Consolidated Revenues                                           15,693----------------------------------------------------------------------------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 COMPANYWe are an international provider of branded casino and hospitality services,focused on markets in Central and, South America, Southeast Asia and India. Ourmission is to "create extraordinary experiences for our guests." Additionalinformation about the Group is available on its World Wide Web site atwww.thunderbirdresorts.com .Cautionary Notice: This release contains certain forward-looking statementswithin the meaning of the securities laws and regulations of variousinternational, federal, and state jurisdictions. All statements, other thanstatements of historical fact, included herein, including without limitation,statements regarding potential revenue and future plans and objectives of theGroup are forward-looking statements that involve risk and uncertainties. Therecan be no assurances that such statements will prove to be accurate and actualresults could differ materially from those anticipated in such statements.Important factors that could cause actual results to differ materially from theGroup's forward-looking statements include competitive pressures, unfavorablechanges in regulatory structures, and general risks associated with business,all of which are disclosed under the heading "Risk Factors" and elsewhere in theGroup's documents filed from time-to-time with the NYSE Euronext Amsterdam andother regulatory authorities.Contacts:Thunderbird Resorts Inc.Kevin McDonaldInvestor Relations(858) 668-2503kevin.mcdonald(at)thunderbirdresorts.comThunderbird Resorts Inc.Michael G. FoxChief Financial Officermfox(at)thunderbirdresorts.com /info(at)thunderbirdresorts.com www.thunderbirdresorts.com [HUG#1384193]




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Bereitgestellt von Benutzer: hugin
Datum: 12.02.2010 - 14:05 Uhr
Sprache: Deutsch
News-ID 1010387
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