Thunderbird Resorts Inc.: November 2011 Revenue Report


PANAMA, REPUBLIC OF PANAMA--(Marketwire - Dec. 13, 2011) - Thunderbird Resorts Inc. (FRANKFURT:4TR)(EURONEXT:TBIRD) ("Thunderbird" or "Group") reports the following revenues for November 2011:

Group-wide sales results by country (unaudited, in thousands) November 2011 November 2010 Year-over-year
increase/(decrease)
Costa Rica 1,528 1,562 (2.2)%
Nicaragua 947 1,043 (9.2)%
Philippines 3,936 3,351 17.5%
Peru Gaming 1,761 2,074 (15.1)%
Peru Hotel 1,004 677 48.3%
Total Consolidated Revenues 9,176 8,707 5.4%

ABOUT THE COMPANY

We are an international provider of branded casino and hospitality services, focused on markets in Asia and Latin America. 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:

Thunderbird Resorts Inc.
Kevin McDonald
Investor Relations
(858) 668-2503
kevin.mcdonald@thunderbirdresorts.com

Thunderbird Resorts Inc.
Peter LeSar
Chief Financial Officer
(507) 223-1234
plesar@thunderbirdresorts.com
www.thunderbirdresorts.com