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Vacation Ownership Sales & Marketing Today | By Christina Wells (Hospitality Net)
The vacation ownership industry has evolved significantly since its inception 40 years ago. An array of use plans offers access to stunning resorts located in highly desired destinations. As the saying goes, it’s not your parent’s timeshare anymore. The product is impressive. So, what challenges face those who sell it? Developments sat down with ten industry leaders, from companies large and
Cendant earnings slip, sales rise (CBS Market Watch)
SAN FRANCISCO (MarketWatch) - The same day that it announced plans to split into separate public companies -- and warned that its fourth quarter numbers would come up shy of previous hopes -- Cendant Corp. reported a 13% decline in third quarter profits even as revenue rose 12%.
Cendant 3Q Profit Falls 13 Percent (AP via Yahoo! Finance)
Real estate conglomerate Cendant Corp. followed its Monday morning announcement that it will split its operations into four parts with a report that its third-quarter earnings dropped 13 percent, despite higher sales.
Cendant third quarter profit falls (eyefortravel.com)
During the third quarter, the real estate services group contributed $2.07 billion in sales, an 11% increase, as the biggest driver of revenue of the company's divisions. Earnings rose 8% in the group to $409 million.
PricewaterhouseCoopers Study Shows Continued Robust Growth of Multibillion Dollar Timeshare Industry (Hospitality Net)
WASHINGTON | The annual PricewaterhouseCoopers (PwC) benchmark study of the financial performance of the timeshare industry released today by the ARDA International Foundation (AIF) underscores the ongoing, robust growth of the multibillion dollar vacation ownership industry. The study, which focused on an industry subset of 47 companies encompassing 280 timeshare resorts in active sales(1),
Cendant Reports Results for Third Quarter 2005 (Hotel Online)
Cendant Corporation today reported results for third quarter 2005. Revenue totaled $5.0 billion, an increase of 12% over third quarter 2004, reflecting growth in the Company's core real estate and travel services businesses.
S.F.'s Argent Hotel in line to check out (BizJournals)
San Francisco's Argent Hotel is on the sales block and is expected to fetch plenty of silver -- somewhere north of $200 million by most estimates.
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