Company will promote Wisconsin Dells in its movie theatres
throughout Wisconsin
MILWAUKEE--(BUSINESS WIRE)--June 25, 2008--The Marcus Corporation
(NYSE:MCS) today announced a new initiative to support tourism in the
Wisconsin Dells in response to the recent flooding in the area. Both
of the company's businesses are involved in the program.
Beginning July 3, 2008, Marcus Theatres(R) will advertise the many
popular attractions at the Wisconsin Dells through posters and
pre-show advertising at its 45 theatre locations in Wisconsin,
Illinois, Minnesota and Iowa. Marcus Hotels and Resorts and Marcus
Theatres will place vouchers for free tickets to the famous Tommy
Bartlett Show and other Wisconsin Dells attractions in the paychecks
of its 4,000 associates in Wisconsin, Minnesota, Iowa and Illinois.
The recent flooding in Wisconsin and throughout the Midwest is a
tragedy, and our hearts go out to those families and businesses who
have experienced losses. The Wisconsin Dells was particularly hard
hit, especially Lake Delton. We believe it is important for all
Wisconsin businesses to support each other during this difficult time.
Summertime is the major season for leisure travel, and to support our
overall tourism industry, people need to know that Wisconsin is open
for business, said Bill Otto, president of Marcus Hotels and Resorts.
The Wisconsin Dells is one of the most popular tourist areas in
our state and summertime is the prime vacation season. Many people
learning about the flooding in the Wisconsin Dells believe it impacted
the entire area and as a result have cancelled reservations and
vacation plans. Marcus Theatres wants vacationers to know that they
still can have fun this summer at all their favorite places throughout
Wisconsin. We are happy to help spread the word that businesses in the
Wisconsin Dells are ready and waiting to welcome visitors, said Bruce
J. Olson, president of Marcus Theatres.
On behalf of the Tommy Bartlett Show and the countless other
Wisconsin Dells attractions that have been affected by the recent
flooding in our area, I commend The Marcus Corporation for their
support in helping Wisconsin Dells rebuild its business, said Tom
Diehl, general manager of the Tommy Bartlett Show. We look forward to
welcoming The Marcus Corporation associates, along with their family
and friends, at our attractions this summer.
About The Marcus Corporation
Headquartered in Milwaukee, Wisconsin, The Marcus Corporation is a
leader in the lodging and entertainment industries. The Marcus
Corporation's movie theatre division, Marcus Theatres(R), currently
owns or manages 678 screens at 56 locations in Wisconsin, Illinois,
Minnesota, Ohio, North Dakota, Iowa and Nebraska, and one family
entertainment center in Wisconsin. The company's lodging division,
Marcus Hotels and Resorts, owns or manages 20 hotels, resorts and
other properties in ten states, with three additional properties under
development. For more information, visit the company's web site at
www.marcuscorp.com.
Certain matters discussed in this press release are
forward-looking statements intended to qualify for the safe harbors
from liability established by the Private Securities Litigation Reform
Act of 1995. These forward-looking statements may generally be
identified as such because the context of such statements will include
words such as we believe, anticipate, expect or words of similar
import. Similarly, statements that describe our future plans,
objectives or goals are also forward-looking statements. Such
forward-looking statements are subject to certain risks and
uncertainties that could cause results to differ materially from those
expected, including, but not limited to, the following: (1) the
availability, in terms of both quantity and audience appeal, of motion
pictures for our theatre division, as well as other industry dynamics
such as the maintenance of a suitable window between the date such
motion pictures are released in theatres and the date they are
released to other distribution channels; (2) the effects of increasing
depreciation expenses and preopening and start-up costs due to the
capital intensive nature of our businesses; (3) the effects of adverse
economic conditions in our markets, particularly with respect to our
hotels and resorts division; (4) the effects of adverse weather
conditions, particularly during the winter in the Midwest and in our
other markets; (5) the effects on our occupancy and room rates from
the relative industry supply of available rooms at comparable lodging
facilities in our markets; (6) the effects of competitive conditions
in our markets; (7) our ability to identify properties to acquire,
develop and/or manage and continuing availability of funds for such
development; (8) the adverse impact on business and consumer spending
on travel, leisure and entertainment resulting from terrorist attacks
in the United States, the United States' responses thereto and
subsequent hostilities; and (9) the successful integration of the
Douglas Theatre Company theatres into our theatre circuit.
Shareholders, potential investors and other readers are urged to
consider these factors carefully in evaluating the forward-looking
statements and are cautioned not to place undue reliance on such
forward-looking statements. The forward-looking statements made herein
are made only as of the date of this press release and we undertake no
obligation to publicly update such forward-looking statements to
reflect subsequent events or circumstances.
CONTACT: Investors:
The Marcus Corporation
Douglas A. Neis, (414) 905-1100
or
Media:
Marcus Theatres
Carlo W. Petrick, (414) 905-1505
Marcus Hotels and Resorts
Jori Hartwig, (414) 905-1567
SOURCE: The Marcus Corporation