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timeshare News Archive

02-Oct-2008

Marriott 3Q profit slips partly on revpar slowdown (AP via Yahoo! News)
Marriott says its third-quarter profit dropped 28 percent, partly hurt by softening North American revenue per available room ? a key measure for hoteliers ? and weakening Timeshare business amid the global economic downturn.

Marriott Plans Cutbacks After Profit Slump (Washington Post)
Marriott International's third-quarter profit plunged 28 percent, and executives at the Bethesda firm said yesterday that the credit crisis and deteriorating economy would force them to reduce staffing, slash share repurchases and watch projects be canceled or delayed.

Wyndham shares fall after analyst cuts estimates (AP via Yahoo! Finance)
Wyndham Worldwide Corp.'s shares fell Wednesday afternoon after an analyst lowered his 2009 estimates for the lodging company, citing lower room revenue, slower timeshare sales and an uncertain economic outlook.

Marriott books lower 3Q profit, expects tough 2009 (Lexington Herald-Leader)
Hotel company Marriott International Inc. said Thursday that its third-quarter profit dropped 28 percent, compared to 2007, and it warned investors about deteriorating conditions for 2009 amid the ongoing financial crisis. Marriott said its revenue per available room declined in North America, and timeshare sales dried up amid the tight credit market and cutbacks in business and consumer ...

Second Marriage Financial Issues Include Property Deeds (The Tampa Tribune)
I am married to a widower, and his late wife's name is still on the house and a Timeshare he owns. What do we need to do to add my name and remove hers?

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