Tag Archives: marriott international

Marriott and Timeshare to Split – Yahoo Finance

Posted on July 10, 2011 by admin

Marriott International Inc. (NYSE: MAR – News ) is on track with the spin-off of its Timeshare business into a new publicly traded company. The transaction is expected to complete by year-end 2011. Marriott also announced the new corporate name … Continue reading →

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Marriott Namesake Brand’s Pipeline Internationally Focused – NASDAQ

Posted on June 11, 2011 by admin

Marriott International has seen its bottom line improve on higher revenue in recent quarters. In February, it unveiled plans to spin off its time-share business. Shares closed Friday at $ 36.25 and were inactive in recent premarket trading. Through the … Continue reading →

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Marriott’s timeshare spinoff benefits – The Business Journal

Posted on May 26, 2011 by admin

Bethesda-based hotel giant Marriott International Inc. , which disclosed in February plans to spin off its timeshare business, said it expects to see significant tax benefits from the deal over the course of many years. In a regulatory filing Thursday … Continue reading →

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Marriott International Management Discusses Q1 2011 Results – Earnings Call Transcript – Seekingalpha.com

Posted on May 10, 2011 by admin

The Form 10 is underway and we expect to file it with the SEC in June. We currently expect the Timeshare business to pay a franchise fee to Marriott, totaling approximately 2% of developer contract sales plus a flat $ … Continue reading →

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Marriott Int’l. Profit Rises But Misses Estimate – RTT News

Posted on May 9, 2011 by admin

(RTTNews) – Marriott International, Inc … Total expenses for the quarter were $ 2.58 billion compared with $ 2.45 billion last year. The adjusted Timeshare segment contract sales dropped to $ 145 million from $ 172 million, reflecting fewer sales … Continue reading →

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Marriott International Reports First Quarter 2011 Results – StreetInsider.com

Posted on May 5, 2011 by admin

Some base management fees we previously recognized under our International lodging segment we now recognize under our Timeshare segment.  For comparability, we have reclassified prior year Timeshare segment results to reflect these changes.  These … http://www.streetinsider.com/Analyst+Comments/Marriott+International+Reports+First+Quarter+2011+Results/6440414.html

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Marriott International Reports First Quarter 2011 Results – Yahoo Finance

Posted on April 29, 2011 by admin

Some base management fees we previously recognized under our International lodging segment we now recognize under our Timeshare segment.  For comparability, we have reclassified prior year Timeshare segment results to reflect these changes.  These … http://finance.yahoo.com/news/Marriott-International-prnews-711577261.html?x=0

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Marriott International Inc. Reports Operating Results (10-Q) – GuruFocus

Posted on April 24, 2011 by admin

Marriott International Inc … These increases were partially offset by lower Timeshare sales and services revenue ($ 9 million) and lower owned, leased, corporate housing, and other revenue ($ 5 million). Operating income increased by $ 11 million to … … Continue reading →

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Marriott’s Rating, Target Cut at Goldman Sachs (MAR) – dividend.com

Posted on April 6, 2011 by admin

Lodging giant Marriott International, Inc. ( MAR ) on Monday saw its rating and price target lowered by analysts at Goldman Sachs, who cited uncertainty about the company’s planned timeshare spin-off. The firm said it downgraded MAR from “Buy” to … Continue reading →

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Marriott sees soft demand in North America – msnbc.com

Posted on April 1, 2011 by admin

Marriott International Inc., which has more than 3,500 properties in 70 countries and territories, will report its quarterly results on April 20. Last month the company announced that it plans to spin off its struggling timeshare development and management … … Continue reading →

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