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Home > Company Index > Leisure > Lodging > Boca Resorts, Inc.

Boca Resorts, Inc.
NYSE: RST
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 NEWS FROM THE WIRES
RESEARCH ALERT - Boca Resorts upped to buy on deal hopes
Aug 10 2001 11:00 AM PDT

More WIRE STORIES about this company

 PROFILE
Boca Resorts has melted the financial freeze that was its sports business. The company sold the Florida Panthers, its money-losing Miami area NHL franchise, and the team's National Car Rental Center home in 2001. Boca Resorts now intends to focus on its six luxury resorts and two golf clubs in Florida. (Those operations accounted for 86% of the company's revenues before selling the Panthers.) The leisure properties feature hotels, golf courses, spas, and conference facilities. The firm plans to use the money from the sale of the team (about $100 million) to make additional real estate investments. Chairman Wayne Huizenga, who controls Boca Resorts, also owns the Miami Dolphins.

 COMPETITION
Hyatt Corporation (dossier)
Marriott International, Inc. (MAR)
Starwood Hotels & Resorts Worldwide, Inc. (HOT)

 STOCK ANALYSIS
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FURTHER ANALYSIS
• Advanced Charting
• Deals

 FINANCIAL OVERVIEW
Fiscal Year-End: June
2000 Sales (mil.): 421.50
1-Yr. Sales Growth: 9.0%
Employees: 4,636
Revenue per employee: $90,918.90

 KEY PEOPLE
• H. Wayne Huizenga
    CEO
• William M. Pierce
    CFO

 CONTACT INFO
501 E. Camino Real
Boca Raton, FL 33432
US
Phone: 561-447-5300
Fax: 954-835-7600
Online: Web Site

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