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Friday 18 November, 2011

Thunderbird Resorts Inc.

Thunderbird Resorts Inc.: Interim Management Statement Third Quarter 2011 and October Revenue Report




Thunderbird Resorts Inc. /
Thunderbird Resorts Inc.: Interim Management Statement Third Quarter 2011 and 
October Revenue Report 
. Processed and transmitted by Thomson Reuters ONE.
The issuer is solely responsible for the content of this announcement. 

PANAMA, REPUBLIC OF PANAMA--(Marketwire - November 17, 2011) - Thunderbird
Resorts Inc. ("Thunderbird") (FRANKFURT: 4TR)(EURONEXT: TBIRD) announces that
the Interim Management Statement ("IMS") for the third quarter of 2011 has been
filed with the Euronext Amsterdam by NYSE Euronext ("Euronext Amsterdam") and
the Netherlands Authority for Financial Markets ("AFM"). As a Designated Foreign
Issuer with respect to Canadian securities regulations, this IMS is intended to
comply with the rules and regulations set forth by the AFM and the Euronext
Amsterdam.

Document Availability

Copies of the IMS in the English language are available at no cost at the
Group's operational office in Panama and at the offices of our local paying
agent ING Bank N.V., van Heenvlietlaan 220, 1083 CN Amsterdam, the Netherlands
(tel: +31 20 7979 398, fax: +31 20 7979 607, email: [email protected]) and
they are available on the Group's website at www.thunderbirdresorts.com. Copies
are also available on SEDAR at www.SEDAR.com and on the Euronext Amsterdam at
www.euronext.com.

October 2011 Revenue Report

Thunderbird reports the following revenues for October 2011:

Thunderbird Resorts Inc.

 Group-wide sales results by

 country                                                    Year-over-year

(unaudited, in thousands)    October 2011 October 2010 increase/(decrease)

Costa Rica                          1,614        1,683               -4.1%

Nicaragua                           1,056          999                5.7%

Philippines                         4,202        4,042                4.0%

Peru Gaming                         1,963        2,090               -6.1%

Peru Hotel                            870          914               -4.8%

Total Consolidated Revenues         9,705        9,728               -0.2%


ABOUT THE COMPANY

We are an international provider of branded casino and hospitality services,
focused on markets in Central America, South America, Southeast Asia, India and
Eastern Europe. Our mission is to "create extraordinary experiences for our
guests." Additional information about the Group is available on its World Wide
Web site at www.thunderbirdresorts.com.

Cautionary Notice: This release contains certain forward-looking statements
within the meaning of the securities laws and regulations of various
international, federal, and state jurisdictions. All statements, other than
statements of historical fact, included herein, including without limitation,
statements regarding potential revenue and future plans and objectives of the
Group are forward-looking statements that involve risk and uncertainties. There
can be no assurances that such statements will prove to be accurate and actual
results could differ materially from those anticipated in such statements.
Important factors that could cause actual results to differ materially from the
Group's forward-looking statements include competitive pressures, unfavorable
changes in regulatory structures, and general risks associated with business,
all of which are disclosed under the heading "Risk Factors" and elsewhere in the
Group's documents filed from time-to-time with the NYSE Euronext Amsterdam and
other regulatory authorities.

Contact Information

Contacts:
Thunderbird Resorts Inc.
Kevin McDonald
Investor Relations
(858) 668-2503
[email protected]

Thunderbird Resorts Inc.
Peter LeSar
Chief Financial Officer
[email protected]
www.thunderbirdresorts.com

 --- End of Message --- 

Thunderbird Resorts Inc.
Calle Alberto Navarro El Cangrejo, Apartado Panama, Republic of Panama


Listed: Open Market (Freiverkehr) in Frankfurter Wertpapierbörse;





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Source: Thunderbird Resorts Inc. via Thomson Reuters ONE

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