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Finance

Starwood Hotels & Resorts Worldwide Announces Fourth Quarter 2011 Earnings Release Date

Jan 6th, 2012 | By Admin | Category: ALL NEWS HEADLINES, Finance, USA & Canada

STAMFORD, CT (Jan 06, 2012) — Starwood Hotels & Resorts Worldwide, Inc. announced today that it will release the company’s fourth quarter financial results prior to market open on Thursday, February 2, 2012, followed by a conference call at 10:30 a.m. EST. The conference call will include a brief discussion of the quarter and a [...]



PAR Technology to Present at Three Institutional Investor Conferences in January

Jan 6th, 2012 | By Admin | Category: ALL NEWS HEADLINES, Design, Refurbishment, Software, Consulting, etc., Finance, USA & Canada

NEW HARTFORD, NY (Jan 06, 2012) — PAR Technology Corporation, a leading supplier of technology solutions to the hospitality and government industries, has announced that its Chairman & CEO, Paul B. Domorski, will present at the following three investor conferences being held during the month of January.
Sidoti & Co.’s Semi-Annual NY Micro Cap Conference — [...]



Wyndham Worldwide to Present at the 14th Annual ICR XChange Conference January 11, 2012

Jan 5th, 2012 | By Admin | Category: ALL NEWS HEADLINES, Finance, USA & Canada

PARSIPPANY, N.J., (Jan. 5, 2012) — Tom Conforti, executive vice president and chief financial officer of Wyndham Worldwide Corporation (NYSE: WYN), will present at the 14th Annual ICR XChange Conference on Wednesday, January 11, 2012 in Miami, Florida.
Mr. Conforti’s remarks will be webcast live at 11:55 a.m. EST. Investors and other interested persons may [...]



Averett Warmus Durkee Osburn Henning CPAs Rated in Top 100

Jan 3rd, 2012 | By Admin | Category: ALL NEWS HEADLINES, Design, Refurbishment, Software, Consulting, etc., Finance, USA & Canada

Orlando, FL (January 3, 2012) –– Central Florida’s largest independent accounting firm, Averett Warmus Durkee Osburn Henning CPAs (AWDOH), announced earlier this year they have once again been named as one of the Orlando Sentinel’s Top 100 Companies for Working Families.
The award focuses on companies that help their employees reach and maintain balance through [...]



Advice for Managing Timeshare Resort Receivables – Bulletin #1

Dec 21st, 2011 | By Admin | Category: ALL NEWS HEADLINES, Finance, USA & Canada

Buzz Waloch and David Combs of Aspen National Collections released first in series of tips for maintaining portfolio management to group of timeshare resort operators.
Brooksville, FL (December 21, 2011) –– Aspen National Collections, the timeshare/shared ownership industry’s premier collection agency, released the first in a series of bulletins directed at assisting timeshare homeowner associations and [...]



Liberty Bank Increases and Extends Loan to Shell Vacations, Says Wellington Financial

Dec 16th, 2011 | By Admin | Category: ALL NEWS HEADLINES, Finance, USA & Canada

Wellington Financial says Liberty Bank’s loan to major timeshare resort development company will provide end-loan financing for Napa Valley project.
Charlottesville, VA (December 16, 2011) –– Wellington Financial, the exclusive Resort Finance lending correspondent for Liberty Bank, says the Connecticut-based bank recently expanded its existing receivables loan with a new $15 million commitment for Shell Vacations, [...]



Fitch: U.S. Timeshare ABS Delinquencies Settle into Historical Patterns

Dec 2nd, 2011 | By Admin | Category: ALL NEWS HEADLINES, Finance, USA & Canada

CHICAGO, IL (Dec 02, 2011) — U.S. timeshare delinquencies rose during the last quarter as expected yet remain consistent with levels from a year ago, according to the latest timeshare ABS index from Fitch Ratings.
Total delinquencies for third-quarter 2011 (3Q’11) were 3.56%; up from 3.28% in 2Q11. This reflects the seasonal deterioration that takes hold [...]



Raintree Vacation Club Selects Concord Servicing Corporation

Dec 1st, 2011 | By Admin | Category: ALL NEWS HEADLINES, Finance, Mexico & Latin America, USA & Canada

Scottsdale, AZ (December 1, 2011) — Concord Servicing Corporation, the timeshare industry’s premier third-party loan servicing and collections provider, announced today a new relationship with Raintree Vacation Club.
Raintree Vacation Club selected Concord Servicing to provide billing services for their ever-growing vacation club member base. Concord will now be responsible for the account management, billing and [...]



Marriott Vacations Worldwide Corporation Launches as a Separate Public Company

Nov 23rd, 2011 | By Admin | Category: ALL NEWS HEADLINES, Finance, USA & Canada

Begins Trading on the NYSE Under Ticker Symbol “VAC”
ORLANDO, FL (Nov. 23, 2011) — Marriott Vacations Worldwide Corporation (NYSE: VAC), the leading global pure-play vacation ownership company, began regular way trading yesterday following its spin-off from Marriott International, Inc. (NYSE: MAR) with a one-for-10 distribution of Marriott Vacations Worldwide shares to Marriott International shareholders on [...]



Marriott International Focuses on Lodging Management and Franchising, Completing Spin-Off of Vacation Ownership Business

Nov 22nd, 2011 | By Admin | Category: ALL NEWS HEADLINES, Finance, Legal Issues, USA & Canada

BETHESDA, MD (Nov. 22, 2011) — Since its founding nearly 85 years ago, never has Marriott International, Inc. [MAR] been as fully focused on its core lodging management and franchise business as now, concluding yesterday’s spin-off of its timeshare business. To complete the spin-off, equity shares of the new company, Marriott Vacations Worldwide Corporation [...]