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timeshare News Archive

(AFX UK Focus) 2008-12-09 22:50 UPDATE 1-Marriott CFO warns of "tough 2009" (Interactive Investor)
LOS ANGELES, Dec 9 (Reuters) - Hotel operator Marriott International Inc expects "to have to navigate through a tough 2009," the company's chief financial officer said on Tuesday. Arne Sorenson said in a blog posting on the company's website that Marriott's debt levels and Timeshare investment spending were expected to decline next year, The company said in October that it expected revenue per ...

UPDATE 1-Wyndham Worldwide to shrink timeshare business (The Forex Market)
NEW YORK, Dec 8 (Reuters) - Wyndham Worldwide Corp said on Monday it will shrink its Timeshare business to help eliminate its reliance on the asset-backed securities market.

Wyndham Worldwide to cut 4,000 jobs (The Star-Ledger)
The Parsippany firm said it is restructuring its timeshare business

Wyndham to cut 4,000 jobs as it shrinks timeshare (Reuters via Yahoo! Canada News)
Hotel and Timeshare company Wyndham Worldwide Corp said on Monday it will cut about 4,000 jobs as it shrinks its Timeshare business to help eliminate its reliance on the asset-backed securities market.