MSR Resort Golf Course posts $1.61 million net loss for February

By Caroline Salls

Pittsburgh, March 28 - MSR Resort Golf Course LLC reported a $1.61 million net loss for February on $47.91 million in total revenues, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the Southern District of New York.

The company had $30.03 million in cash and cash equivalents at Feb. 28.

MSR Resort owns and operates five resorts, including the Grand Wailea Resort Hotel & Spa in Maui, Hawaii; the La Quinta Resort & Club and PGA West in La Quinta, Calif.; the Arizona Biltmore Resort & Spa in Phoenix; the Doral Golf Resort & Spa in Miami; and the Claremont Hotel Club & Spa in Berkeley, Calif.

The New York-based company filed for bankruptcy on Feb. 1. The Chapter 11 case number is 11-10372.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.