The Pfister Hotel

The Marcus Corporation Reports First Quarter Fiscal 2024 Results

Retrieved on: 
Thursday, May 2, 2024

The Marcus Corporation (NYSE: MCS) today reported results for the first quarter fiscal 2024 ended March 28, 2024.

Key Points: 
  • The Marcus Corporation (NYSE: MCS) today reported results for the first quarter fiscal 2024 ended March 28, 2024.
  • Adjusted EBITDA was $2.3 million for the first quarter of fiscal 2024, compared to Adjusted EBITDA of $9.5 million for the prior year quarter.
  • Revenues before cost reimbursements increased 3.8% during the first quarter of fiscal 2024 compared to the first quarter of fiscal 2023.
  • Revenue per available room, or RevPAR, increased 2.1% during the first quarter of fiscal 2024 compared to the prior year first quarter, resulting in Marcus Hotels & Resorts outperforming its competitive sets by 2.0 percentage points during the first quarter of fiscal 2024.

The Marcus Corporation Reports Fourth Quarter and Full Year Fiscal 2023 Results

Retrieved on: 
Thursday, February 29, 2024

The Marcus Corporation (NYSE: MCS) today reported results for the fourth quarter and fiscal year 2023 ended December 28, 2023.

Key Points: 
  • The Marcus Corporation (NYSE: MCS) today reported results for the fourth quarter and fiscal year 2023 ended December 28, 2023.
  • Net loss per diluted common share attributable to The Marcus Corporation was $0.05 for the fourth quarter of fiscal 2023, compared to a net loss per diluted common share attributable to The Marcus Corporation of $0.30 for the fourth quarter of fiscal 2022.
  • Net earnings attributable to The Marcus Corporation was $14.8 million for fiscal 2023, compared to net loss attributable to The Marcus Corporation of $12.0 million for fiscal 2022.
  • Same store admission revenues for the fourth quarter of fiscal 2023 increased 4.1% compared to the fourth quarter of fiscal 2022.

The Pfister Hotel Begins the Next Phase of Extensive Renovations

Retrieved on: 
Thursday, February 1, 2024

“Every step we are taking in this renovation honors the sense of refined excellence that defines this award-winning historic hotel.

Key Points: 
  • “Every step we are taking in this renovation honors the sense of refined excellence that defines this award-winning historic hotel.
  • Our guests have enthusiastically welcomed the first phase of our renovations, and we are seeing increased bookings for weddings, galas, business meetings and more.
  • The guest room renovations will include updated furnishings reminiscent of the late 1800s, paired with today’s modern luxuries.
  • Renovations to The Pfister Hotel’s spectacular lobby and first-floor public spaces will be the next phase of this extensive reinvestment, following the completion of the historic guest room revitalization.

The Marcus Corporation Reports Third Quarter Fiscal 2023 Results

Retrieved on: 
Wednesday, November 1, 2023

The Marcus Corporation (NYSE: MCS) today reported results for the third quarter fiscal 2023 ended September 28, 2023.

Key Points: 
  • The Marcus Corporation (NYSE: MCS) today reported results for the third quarter fiscal 2023 ended September 28, 2023.
  • “It was another strong quarter for The Marcus Corporation, with growth in revenue, operating income, net earnings and Adjusted EBITDA during the third quarter of fiscal 2023,” said Gregory S. Marcus, chairman, president and chief executive officer of The Marcus Corporation.
  • Revenue, operating income and Adjusted EBITDA for Marcus Theatres improved significantly in the third quarter and first three quarters of fiscal 2023 compared to the same periods in fiscal 2022.
  • The division reported Adjusted EBITDA of $26.7 million in the third quarter of fiscal 2023, an increase of 114.3% compared to the third quarter of fiscal 2022.

Marcus Hotels & Resorts’ Properties Earn High Honors in Condé Nast Traveler Readers’ Choice Awards

Retrieved on: 
Thursday, October 5, 2023

Marcus® Hotels & Resorts , a nationally recognized hotel owner and management company and division of The Marcus Corporation (NYSE: MCS), announced today that four of its owned and/or managed properties have been recognized as top hotels by the 2023 Condé Nast Traveler’s annual Readers’ Choice Awards .

Key Points: 
  • Marcus® Hotels & Resorts , a nationally recognized hotel owner and management company and division of The Marcus Corporation (NYSE: MCS), announced today that four of its owned and/or managed properties have been recognized as top hotels by the 2023 Condé Nast Traveler’s annual Readers’ Choice Awards .
  • “We are honored that four of our properties were recognized as some of the best hotels in the United States by the sophisticated travelers and readers of Condé Nast Traveler,” said Michael Evans, president of Marcus Hotels & Resorts.
  • “These properties earned top honors in their respective categories, highlighting just how special each hotel truly is in its region.
  • Every year, this awards program proves that travelers understand the incredible service and extraordinary experiences that are offered at Marcus Hotels & Resorts properties across the country.

The Pfister Hotel Named to USA TODAY’s Best Historic Hotel List

Retrieved on: 
Tuesday, August 29, 2023

For the first time, The Pfister Hotel , a historic AAA Four Diamond hotel owned and managed by Marcus® Hotels & Resorts , has been named one of USA TODAY’s “10 best historic hotels in the U.S.” The Pfister was nominated for this national recognition by a panel of hotel experts with the top 10 winners determined by online voting from readers.

Key Points: 
  • For the first time, The Pfister Hotel , a historic AAA Four Diamond hotel owned and managed by Marcus® Hotels & Resorts , has been named one of USA TODAY’s “10 best historic hotels in the U.S.” The Pfister was nominated for this national recognition by a panel of hotel experts with the top 10 winners determined by online voting from readers.
  • The full list can be found on the USA TODAY 10 Best website .
  • As USA TODAY notes, woven throughout the cultural fiber of The Pfister Hotel is a longstanding passion for the arts.
  • Originally collected by Guido and Charles Pfister, the expansive collection can be found on every floor throughout the hotel.

The Marcus Corporation Reports Second Quarter Fiscal 2023 Results

Retrieved on: 
Wednesday, August 2, 2023

The Marcus Corporation (NYSE: MCS) today reported results for the second quarter fiscal 2023 ended June 29, 2023.

Key Points: 
  • The Marcus Corporation (NYSE: MCS) today reported results for the second quarter fiscal 2023 ended June 29, 2023.
  • Net earnings per diluted common share was $0.35 for the second quarter of fiscal 2023, a 45.8% increase from net earnings per diluted common share of $0.24 for the second quarter of fiscal 2022.
  • During the second quarter of fiscal 2023, Marcus Theatres’ total revenue of $136.9 million increased 5.7% and comparable same store admission revenue increased 9.7% compared to the second quarter of fiscal 2022.
  • During the second quarter of fiscal 2023, Marcus Hotels & Resorts reported increased revenue per available room (RevPAR) at all company-owned properties compared to the second quarter of fiscal 2022, resulting in the division outperforming the industry in the second quarter of fiscal 2023 by approximately 4.3 percentage points.

The Pfister Hotel Announces Extensive Renovations

Retrieved on: 
Tuesday, July 25, 2023

The Pfister Hotel , a historic AAA Four Diamond hotel owned and managed by Marcus® Hotels & Resorts , today announced that it is undergoing an extensive, state-of-the-art, multi-phase renovation to further elevate its renowned exceptional guest experience.

Key Points: 
  • The Pfister Hotel , a historic AAA Four Diamond hotel owned and managed by Marcus® Hotels & Resorts , today announced that it is undergoing an extensive, state-of-the-art, multi-phase renovation to further elevate its renowned exceptional guest experience.
  • “For generations, The Pfister has been the hotel of choice for presidents, poets, performers and hall of famers.
  • “For over a century, The Pfister has been our city’s enduring mainstay, holding as much of Milwaukee’s history as its own,” said Brandon Drusch, managing director of The Pfister Hotel.
  • Originally collected by Guido and Charles Pfister, the expansive collection can be found on every floor throughout the hotel.

The Marcus Corporation to Webcast 2023 Rescheduled Annual Shareholders’ Meeting May 23

Retrieved on: 
Thursday, May 11, 2023

The Marcus Corporation (NYSE: MCS) today announced it will webcast its rescheduled Annual Meeting of Shareholders, which is planned to be held on Tuesday, May 23, 2023, beginning at 9:00 a.m. Central/10:00 a.m. Eastern time.

Key Points: 
  • The Marcus Corporation (NYSE: MCS) today announced it will webcast its rescheduled Annual Meeting of Shareholders, which is planned to be held on Tuesday, May 23, 2023, beginning at 9:00 a.m. Central/10:00 a.m. Eastern time.
  • The business portion of the meeting will be followed by an update on the company’s operations.
  • The presentation will be available for replay through August 23, 2023.
  • The in-person event is planned to be held at The Pfister Hotel, located 424 East Wisconsin Avenue in Milwaukee.

The Marcus Corporation Announces Postponement of 2023 Annual Shareholders' Meeting

Retrieved on: 
Tuesday, May 9, 2023

The Marcus Corporation (NYSE: MCS) today announced the Annual Meeting of Shareholders scheduled for Thursday, May 11, 2023, will be opened then immediately adjourned due to Stephen H. Marcus, chairman of The Marcus Corporation, and Gregory S. Marcus, president and chief executive officer of The Marcus Corporation, contracting mild cases of Covid and being unable to attend.

Key Points: 
  • The Marcus Corporation (NYSE: MCS) today announced the Annual Meeting of Shareholders scheduled for Thursday, May 11, 2023, will be opened then immediately adjourned due to Stephen H. Marcus, chairman of The Marcus Corporation, and Gregory S. Marcus, president and chief executive officer of The Marcus Corporation, contracting mild cases of Covid and being unable to attend.
  • To help ensure the health and safety of all participants, the full meeting is planned to be rescheduled for Tuesday, May 23, beginning at 9:00 a.m. Central/10:00 a.m. Eastern time at The Pfister Hotel, located at 424 East Wisconsin Avenue in Milwaukee.
  • Shareholders who planned to attend the meeting on Thursday, May 11 are encouraged to attend the full meeting, which is planned to occur on Tuesday, May 23 instead.