International Leisure

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International Guild of Hospitality & Restaurant Managers

International Leisure (ILHL.OB)

International Leisure Hosts, Ltd., formed on October 18, 1962, principally is engaged in the business of the ownership and operation of Flagg Ranch Resort (Flagg), a full-service resort motel and trailer park located in the John D. Rockefeller Jr. Memorial Parkway, approximately four miles north of Grand Teton National Park (Grand Teton) and two miles south of the southern entrance of Yellowstone National Park (Yellowstone). The lodge includes a restaurant, lounge, gift shop, grocery store, front desk and gasoline station. The new cabin units replaced 42 rustic cabin units, which were removed from the property, and a 54-unit motel.

During fiscal year 2002, Flagg provided overnight accommodations to national park visitors for up to 328 persons per night via its 92 cabins. In addition to the cabin units, Flagg operates a full service trailer park and campground that provides water, electrical and sewer connections for 97 recreational vehicles, plus 74 campsites without utility hookups.

Flagg is operated as a seasonal resort. The two seasons, summer and winter, coincide with the opening and closing dates of the two national parks. The summer season, which runs from approximately May 24 through October 8 of each year, is the height of activity at Flagg. In addition to the motel and trailer park/campground accommodations, Flagg offers numerous services and activities for the guests' enjoyment including Snake River float trips, horseback riding and a variety of scenic hiking trails. The summer season accounted for 67% and 65%, respectively, of Flagg's fiscal 2002 and 2001 operating revenues.

Flagg is the only vendor licensed by the National Park Service (NPS) with unguided snowmobile tours at the south entrance to Yellowstone . In fiscal year 2001, Flagg had a fleet of 85 Polaris snowmobiles available to the public for rental. In addition, Flagg offers daily trips to Old Faithful Lodge in Yellowstone via its two 11-passenger slowcoaches. Cross-country skis and snowshoes are also available for rental.

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The data included within the Financial section is solely for information and does not construe a recommendation and/or endorsement by IGHRM or its members to invest funds with any of the companies listed. You are strongly advised to obtain professional advice with qualified individuals or corporations for any investments of funds.

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