John Emery
John Emery
board cash depends exploiting extremely finding flow happening literature worried
The Literature Board is extremely worried about what is happening in publishing. Their cash flow depends on finding those big nuggets and exploiting them for all they are worth.
cities historic liked looked saw several texas
We looked at several other cities in Texas but liked all of what we saw in Grapevine. It's a family-oriented historic town, and that's what set them apart.
add additional begin cash existing facilities joint opening operating portfolio projects received recently resort rooms sale size stay strong three track venture
With the opening of these developments, we will have more than doubled the size of our operating resort portfolio in about three years. With the cash we recently received from the sale of two resorts to the joint venture with CNL and our strong operating cash flow, we are well-positioned to stay on track to begin at least two new projects a year, as well as selectively add condominiums and/or additional rooms and expanded facilities at existing resorts.
clear looked perfectly
We have never looked at exiting that asset. I want to be perfectly clear on that.