Positive pointers2013 results were a tad ahead of our estimates with key metrics – EBITDA and net debt – moving in the right direction. Our profit forecasts are...
Thunderbird Resorts, Inc. is engaged in develop, own and operate mid-sized integrated resorts, as well as gaming venues. It operates in Latin America and Asia. The Company has more than 25 restaurants and bars in its properties around the globe. Its geographical segments include Peru, Costa Rica, Philippines and Nicaragua. The activities in each operating segment include the operation of casinos and related food, beverage and hospitality activities. In the Philippines, the Company operates two integrated resorts anchored by casinos. In Peru, it operates one integrated resort anchored by a casino, one resort that is in the process of being sold, has two hotel management contracts, and owns and operates four gaming venues. In Costa Rica, the Company operates nine gaming facilities and one small hotel. In Nicaragua, the Company operates four casinos. Eastbay Property and Development, Inc. is the Company’s associate, which is owns and leases real estate to East Bay Resorts, Inc.