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The Miami Herald Business Briefs Column.
Publication: The Miami Herald (Miami, Florida) (via Knight-Ridder/Tribune Business News) Publication Date: 25-APR-01 |
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COPYRIGHT 2001 The Miami Herald
Apr. 25--BOCA RESORTS: REVENUE, PROFITS DECLINE: Revenue and earnings dipped at Boca Resorts (RST) following the Boca Raton-based hotel owner's sale of the Arizona Biltmore Resort & Spa in December.
Had the Arizona Biltmore's numbers been excluded from the results of last year's fiscal third quarter, Boca Resorts would have shown an increase in revenue. Without the Arizona Biltmore, the company generated $121.9 million in revenue in the last year's third quarter.
The company, which also owns the Florida Panthers hockey team, said it is experiencing slower than expected growth in revenue...
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