Hotel News Resource - Great Wolf Resorts Hotel Industry News

For the fourth quarter of 2011, the Company expects to report Adjusted EBITDA that will exceed $12.5 million, which was the top end of the Company’s previously-announced earnings guidance, with fourth quarter same store revenue per available room (RevPAR) growth of approximately 8.5 percent.

For the third quarter ended September 30, 2011, the Company reported net income of $1.5 million, or $0.05 per share, compared to a net loss of $(1.0) million, or $(0.03) per share, for the same period a year earlier. The year over year improvement was due primarily to higher overall revenues, along with ongoing expense discipline.

Raises Full-Year 2011 Earnings Guidance - Q1 Adjusted EBITDA Increases 19.6%

Great Wolf Resorts Subsidiary Taps Technology Executive to Lead Strategy, Development

Adjusted EBITDA Increased 3.5%

Kim Schaefer, First Female CEO Featured on Show, Assumes Front Line Roles within Indoor Waterpark Resort Chain

For the second quarter ended June 30, 2010, the Company reported a net loss of $(12.8) million, or $(0.41) per diluted share, compared to a net loss $(5.7) million, or $(0.18) per diluted share for the same period a year earlier.

Great Wolf Resorts, Inc.® (NASDAQ: WOLF) announced that it has signed License and Management Agreements related to the development of a new 600-suite Great Wolf Lodge® resort in Garden Grove, California’s world famous International West Resort.

Company Exceeds Top End of First Quarter Guidance and Raises Full Year Expectations

Marks Anniversary of Project Green Wolf, Continues to be First and Only Hotel Chain to have All U.S. Locations Green Seal Certified - Silver