Profile
Headquartered in Milwaukee, Wis., The Marcus Corporation is a leader
in the lodging and entertainment industries. Marcus Theatres® ranks
among the top 10 motion picture exhibitors in North America, with
locations in major markets in the Midwest. Marcus Hotels and Resorts
owns and manages a distinctive portfolio of full-service hotel properties
that are leaders in their markets. The Marcus Corporation is included
in the Standard & Poor’s SmallCap 600 Index and the Russell 2000
Index and other indexes. The company was founded in 1935 with the
purchase of a single movie theatre in Ripon, Wisconsin.
Highlights The Marcus Corporation's operations include: Marcus
Theatres Leading its markets and the industry
Marcus Hotels and Resorts Managing a portfolio of distinctive
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Forward-Looking Statement: Certain matters discussed in this
press release are "forward-looking statements" intended to qualify for the safe
harbors from liability established by the Private Securities Litigation Reform
Act of 1995. These forward-looking statements may generally be identified as
such because the context of such statements will include words such as we
"believe," "anticipate," "expect" or words of similar import. Similarly,
statements that describe our future plans, objectives or goals are also
forward-looking statements. Such forward-looking statements are subject to
certain risks and uncertainties which may cause results to differ materially
from those expected, including, but not limited to, the following: (i) our
ability to successfully define and build the Baymont brand within the
"limited-service, mid-price without food and beverage" segment of the lodging
industry;(ii) the availability, in terms of both quantity and audience appeal,
of motion pictures for our theatre division; (iii) the effects of increasing
depreciation expenses and pre-opening and start-up costs due to the capital
intensive nature of our businesses; (iv) the effects of adverse economic
conditions in our markets, particularly with respect to our limited-service
lodging and hotels and resorts divisions; (v) the effects of adverse weather
conditions, particularly during the winter in the Midwest and in our other
markets; (vi) the effects on our occupancy and room rates from the relative
industry supply of available rooms at comparable lodging facilities in our
markets; (vii) the effects of competitive conditions in the markets served by
us; (viii) our ability to identify properties to acquire, develop and/or manage
and continuing availability of funds for such development; (ix) the adverse
impact on business and consumer spending on travel, leisure and entertainment
resulting from the September 11, 2001 terrorist attacks on the United States,
the United States' responses thereto and subsequent related hostilities; and
(x) our lack of comprehensive terrorist attack insurance. Shareholders,
potential investors and other readers are urged to consider these factors
carefully in evaluating the forward-looking statements and are cautioned not to
place undue reliance on such forward-looking statements. The forward-looking
statements made herein are made only as of the date of this press release and
we undertake no obligation to publicly update such forward-looking statements
to reflect subsequent events or circumstances. |
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