Dow Jones Lodging Index Rates ILX Resorts Among Top Ten Best Performing Stocks.Business Editors PHOENIX--(BUSINESS WIRE)--Jan. 9, 2003 ILX Resorts Incorporated (AMEX AMEX See: American Stock Exchange : ILX) ranks as one of the best performing stocks in the Dow Jones Lodging Index. For the past 12 months, ILX experienced a price appreciation of 11.61%, versus the Lodging Index's price change of -14.80%, outperforming more than 30 other publicly traded companies publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. categorized in the Index. The ranking is based on industry-specific peer price performance. ILX's number four ranking in the U.S. index's Best Performing Stocks listed ahead of major industry players including Four Seasons Hotels, Wyndham International, Choice Hotels International, and Fairmont Hotels Resorts, to name a few. In a cumulative comparison of the DJ Lodging Index, ILX consistently ranked as a best performing stock for the past four consecutive years. According to the Index, ILX has appreciated 455% from three years ago as of yesterday. MarketWatch.com, Inc. is a leading multimedia source of financial news and information. Founded in 1997, MarketWatch.com operates two Web sites: CBS (Cell Broadcast Service) See cell broadcast. .MarketWatch.com and BigCharts.com. The editorial and business accomplishments of MarketWatch.com have been cited by many top-tier publications including The New York Times, The New York Times, The Morning daily newspaper, long the U.S. newspaper of record. From its establishment in 1851 it has aimed to avoid sensationalism and to appeal to cultured, intellectual readers. Wall Street Journal, Forbes, Barron's, U.S. News & World Report U.S. News & World Report Weekly newsmagazine published in Washington, D.C. U.S. News was founded in 1933 by David Lawrence (1888–1973) to cover important domestic events; he founded World Report in 1945 to treat world news. The two magazines were merged in 1948. , Fortune, Money, The Washington Post, The Washington Post, The Morning daily newspaper published in Washington, D.C., the dominant paper in the U.S. capital and one of the nation's leading newspapers. Established in 1877 as a Democratic Party organ, it changed orientation and ownership several times and faced San Francisco Chronicle The San Francisco Chronicle was founded in 1865 as The Daily Dramatic Chronicle by teenage brothers Charles de Young and Michael H. de Young.[2] The paper grew along with San Francisco to become the largest circulation newspaper on the West Coast of the , and The Boston Herald. ILX Resorts acquires, develops, and operates premier timeshare resorts in the western United States Noun 1. western United States - the region of the United States lying to the west of the Mississippi River West Santa Fe Trail - a trail that extends from Missouri to New Mexico; an important route for settlers moving west in the 19th century that provide its owners with extraordinary vacation experiences. ILX's portfolio of world-class properties includes six resorts in Arizona, one in Indiana, one in Colorado, one in San Carlos, Mexico, land adjacent to an existing resort in northern Arizona and 44 acres of land one mile from the Las Vegas Strip The Las Vegas Strip (also known as The Strip) is a 4 mi (6.7 km) section of Las Vegas Boulevard South, most of which has been designated an All-American Road. , to both of which the Company holds development rights. It also, through Premiere Vacation Club, has acquired, and continues to acquire, inventory at the Carriage House in Las Vegas. For more information, visit www.ilxresorts.com. This news release constitutes certain "forward-looking statements." Forward-looking statements are based on current expectations and assumptions and are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified and many of which are beyond the Company's control. Actual results could differ materially from these forward-looking statements as a result of a number of factors, including, but not limited to, economic conditions, the Company's need for additional financing, intense competition in various aspects of its business, the risks of growth, its dependence on key personnel and other risks detailed from time to time in ILX's Securities and Exchange Commission reports. Given these risks and uncertainties, investors are cautioned not to place undue reliance on such forward-looking statements and no assurances can be given that such statements will be achieved. ILX Resorts Incorporated does not assume any duty to publicly update or revise the material contained herein. |
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