Tuesday, May 5, 2009

Randall-Paulson Architects Completes Renovation Services at Jameson Inn and Suites in Peoria, IL

ROSWELL, GA – Randall-Paulson Architects, the award winning Roswell-based architectural firm, recently completed exterior renovation and addition design services for the second phase of work at the 111-room Jameson Inn and Suites hotel (top right photo) at 4112 N. Brandywine Drive in Peoria, Ill.

Alex S. Paulson, (bottom left photo) AIA, co-founder and Principal at Randall-Paulson Architects, said the 58,138 square foot inn and suites hotel boasts dramatic changes to the exterior and a stunning new glass enclosed swimming pool.

Now a fresh, contemporary destination the renovated drive-through canopy, roof and wood brackets, entry vestibule and updated color palette establish a new welcome for guest arrivals.

The first phase of renovations included substantial interior improvements to lobby and common rooms, guest rooms and suites, Paulson said.

Headquartered in Roswell, Ga., Randall-Paulson Architects is a 15-year old commercial architectural design firm that specializes in the design of industrial, office, retail, mixed-use, education, religious, childcare, and hospitality facilities.

For more information, contact:
Alex S. Paulson, AIA, Principal, Randall-Paulson Architects, 770-650-7558, apaulson@randallpaulson.com

Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142, lvershelco@aol.com

Great Wolf Resorts Reports 2009 First Quarter Results

MADISON, WI, May 5, 2009—Great Wolf Resorts, Inc. (NASDAQ: WOLF), North America’s leading family of indoor waterpark resorts, reported results today for the first quarter ended March 31, 2009.

First Quarter Highlights

· Reported 2009 first quarter Adjusted EBITDA of $15.1 million, which was above the company’s previously issued guidance of $12.4 to $14.4 million and higher than consensus analyst estimates.

· Opened the new 402-suite Great Wolf Lodge-Concord, N.C., (bottom left photo) and a 20,000-square-foot conference center expansion at the company’s existing Great Wolf Lodge-Grapevine, Texas resort. (bottom right photo)

For the first quarter ended March 31, 2009, the company reported a net loss of $(5.6) million, or $(0.18) per diluted share, compared to a net loss of $(2.3) million, or $(0.08) per diluted share for the same period a year earlier.
“Our resorts continued to perform well relative to the overall hotel industry in this extremely challenging economy,” said Kim Schaefer, chief executive officer.

“Same store revenue per available room (RevPAR) for our Generation II resorts, which contribute more than 80 percent of our Adjusted EBITDA, was down 12.5 percent (8.2 percent using constant dollars, which normalizes the foreign currency translation effect on operating statistics of our Canadian resort), compared to the 17.7 percent decline in the overall U.S. hotel industry according to Smith Travel Research data.

"We believe these results are reasonable, especially given that the Easter holiday and many schools’ spring break periods, both of which are traditionally strong demand generators for our resorts in the first four months of the year, fell in the second quarter in 2009.”

For a complete copy of the news release and the company's financials, please contact:

Alex Lombardo, Investors, (703) 573-9317
Steve Shattuck, Media, (608) 661-4731