Wyndham Worldwide and Marriott International Inc. both announced their earnings yesterday. Marriott did better than analysts predictions despite a $760 million writedown from their timeshare business. Wyndham’s stock price rose 7.4% when Goldman Sachs raised its rating to ‘outperform’ based on the fact that the company is selling off its existing timeshare inventory. Both large [...]
Filed under: Timeshare Industry | Tagged: earnings, Marriott, timeshare, Wyndham | 1 Comment »
