Add
WOLF to Portfolio
Set Alert
Email to a
Friend
| |||
|
|
Quotes & Info
|
| WOLF > SEC Filings for WOLF > Form 8-K on 9-Nov-2009 | All Recent SEC Filings |
9-Nov-2009
Results of Operations and Financial Condition, Regulation FD Disclosure,
On November 4, 2009, Great Wolf Resorts, Inc., issued a press release setting forth, among other things, its results of operations for the three months ended September 30, 2009. A copy of the press release is furnished as Exhibit 99.1 hereto and is incorporated into this Item 2.02 by reference.
On November 4, 2009, during an earnings call that was broadcast telephonically and via the internet, Kim Schaefer, Chief Executive Officer, and James Calder, Chief Financial Officer of the registrant, disclosed the following information:
During third quarter 2009, approximately 70% of the guest reservations, at the resorts operated by the registrant and its subsidiaries, were made in a 30-day window prior to the guest's stay and approximately 48% were made in the two-week window before the stay. During third quarter 2008, those statistics were 66% made within 30 days of the stay and 46% within two weeks of the stay.
Total same store repeat and referral guests in the third quarter 2009 increased 3.9% compared to the third quarter 2008 and increased 6.8% in the registrant's "Generation Two" resorts versus prior year. Repeat and referral guests made up approximately 58% and 60% of the occupancy at the consolidated and Generation Two resorts respectively.
The Concord, North Carolina Great Wolf Lodge resort is performing slightly better than did the Williamsburg resort at the same point in its life cycle. Williamsburg opened in late March, 2006, at approximately the same time as Concord opened in 2009. Occupancy is 9% higher than was true for Williamsburg for third quarter 2006 and revenue is 9% higher.
(c) Exhibits
Exhibit 99.1 -- Press release of Great Wolf Resorts, Inc., dated November 4, 2009.
The information in Items 2.02 and 9.01 of this report (including Exhibit 99.1) shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liability of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
|
|