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Posts Tagged ‘ Ultimate Escapes ’

Innovative Travel Community Solves Bankrupt Destination Club Members’ Woes

Oct 23rd, 2010 | By Admin | Category: ALL NEWS HEADLINES, Destination Clubs, Fractional, PRCs, Condo Hotels, Finance, Legal Issues, USA & Canada

Plan Offers Safety Net to Members, Provides Continued Use of Most of Debtor’s Properties
WATERLOO, Ontario (Oct. 23, 2010) — Demeure, a next generation travel community through which members access the world’s finest vacation homes at discounted rates and without costly membership capital contributions or deposits, has announced it has been selected as the successful bidder [...]



Ultimate Escapes Reports First Quarter 2010 Results

May 28th, 2010 | By Admin | Category: ALL NEWS HEADLINES, Finance

ORLANDO, FL (May 13, 2010) — Ultimate Escapes, Inc. (OTCBB: ULEI and ULEI-W) (the “Company”), one of the world’s largest luxury destination clubs, yesterday announced its 2010 first quarter financial results. For the first quarter of 2010, the Company reported net loss of $6.5 million, compared to a net loss of $1.2 million in the [...]



Ultimate Escapes to Report First Quarter 2010 Earnings on Thursday, May 13, 2010

May 11th, 2010 | By Admin | Category: ALL NEWS HEADLINES, Finance, USA & Canada

ORLANDO, FL (May 10, 2010) — Ultimate Escapes, Inc. (OTCBB: ULEI and ULEI-W) (the “Company”), one of the world’s largest luxury destination clubs, today announced that it will report its first quarter 2010 results after the market closes on Thursday, May 13, 2010.
The company will hold a conference call with investors and analysts at 4:30 [...]



Ultimate Escapes Adds New Five-Star Waldorf Astoria Orlando to Portfolio of Destinations

Apr 21st, 2010 | By Admin | Category: ALL NEWS HEADLINES, Destination Clubs, Fractional, PRCs, Condo Hotels, USA & Canada

ORLANDO, FL (April 21, 2010) — Ultimate Escapes, Inc. (OTC Bulletin Board: ULEI and ULEI-W), one of the world’s largest luxury destination clubs, has announced the addition of the new five-star Waldorf Astoria Orlando to the Club’s growing portfolio of spectacular vacation destinations. The partnership will allow members of Ultimate Escapes to vacation at Waldorf [...]



Ultimate Escapes Reports Fourth Quarter and Full Year 2009 Results

Apr 20th, 2010 | By Admin | Category: ALL NEWS HEADLINES, Destination Clubs, Fractional, PRCs, Condo Hotels, Finance, USA & Canada

Record Revenues of $37 million in 2009, an Increase of 64% Over 2008 Revenues
ORLANDO, FL (April 20, 2010) — 47% Membership Growth in 2009 Results in $6.7 million of EBITDA and 75% Reduction in Loss From Operations
Ultimate Escapes, Inc. (OTCBB: ULEI and ULEI-W) (the “Company”), one of the world’s largest luxury destination clubs, announced [...]



Ultimate Escapes Postpones Secondary Public Offering

Feb 17th, 2010 | By Admin | Category: ALL NEWS HEADLINES, Destination Clubs, Fractional, PRCs, Condo Hotels, Finance

Shares to be Suspended from Amex
Shares to Begin Trading on OTC
ORLANDO, FL (Feb 17, 2010)–Ultimate Escapes, Inc. (NYSE Amex: UEI and UEI-WT) (the “Company”), one of the world’s largest luxury destination clubs, today announced that due to difficult market conditions, it has postponed its contemplated secondary public offering of shares of its common stock. [...]



Ultimate Escapes to Remain Listed on NYSE Amex Pending Completion of Planned Public Offering

Feb 8th, 2010 | By Admin | Category: ALL NEWS HEADLINES, Destination Clubs, Fractional, PRCs, Condo Hotels, Finance

ORLANDO, Fla., Feb. 8 /PRNewswire-FirstCall/ — Ultimate Escapes, Inc. (NYSE Amex: UEI and UEI-WT) (the “Company”), one of the world’s largest luxury destination clubs, today provided an update on the status of its listing on the NYSE Amex LLC (the “Exchange”). Ultimate Escapes, Inc. (NYSE Amex: UEI and UEI-WT) (the “Company”), one of the [...]



Ultimate Escapes Appoints Chief Sales and Marketing Officer

Feb 5th, 2010 | By Admin | Category: ALL NEWS HEADLINES, Destination Clubs, Fractional, PRCs, Condo Hotels, People

Leading Destination Club Expands Senior Management Team, Hires Ted Curtis as Chief Sales and Marketing Officer
ORLANDO, FL, (Feb. 5, 20100 — Ultimate Escapes, Inc. (NYSE Amex: UEI and UEI-WT), one of the world’s largest luxury destination clubs, announced yesterday the appointment of Ted Curtis as chief sales and marketing officer, reporting directly to President [...]