ORLANDO, FL (March 21, 2012) — Marriott Vacations Worldwide Corporation announced yesterday it has filed its annual report on Form 10-K for the year ended December 31, 2011, including audited financial statements, with the U.S. Securities and Exchange Commission. The annual report can be viewed and downloaded on the Company’s website at www.marriottvacationsworldwide.com under the [...]

Brooksville, FL (March 19, 2012) — Aspen National Collections, the timeshare/shared ownership industry’s premier collection agency, announced their support of various events being presented in 2012 by the American Resort Development Association (ARDA). These include providing for a “Friend of the Convention” sponsorship for the annual spring convention and exhibit – ARDA World 2012 – [...]

ORLANDO, FL (March 15, 2012) –– Marriott Vacations Worldwide Corporation (NYSE: VAC) yesterday reported full year and fourth quarter 2011 financial results and the company’s outlook for 2012.
Highlights include:

Marriott Vacations Worldwide Corporation launched as the leading global pure-play vacation ownership company through a spin-off from Marriott International, Inc. on November 21, 2011.
2011 total revenues were [...]

PLEASANTON, CA (March 15, 2012) — Stewart Vacation Ownership has been chosen as its escrow company by Travel and Leisure Concierge Services. Stewart Vacation Ownership also signed a contract with a new entrant into the vacation sales and rental market, WeRtimeshares.com.
Stewart continues to strengthen its market share position in the travel club market [...]

CHICAGO, IL (March 14, 2012) — Fitch Ratings expects to rate Sierra Timeshare 2012-1 Receivables Funding LLC (Sierra 2012-1) as follows:
–$192,850,000 class A notes ‘Asf’; Outlook Stable;
–$57,150,000 class B notes ‘BBBsf’; Outlook Stable.
Fitch’s stress and rating sensitivity analysis are discussed in the presale report titled ‘Sierra Timeshare 2012-1 Receivables Funding LLC’, dated March 12, 2012, [...]

PARSIPPANY, N.J., (March 13, 2012) — Wyndham Worldwide Corporation has announced the pricing of the public offering of an additional $150 million aggregate principal amount of its 4.250% senior unsecured notes due March 1, 2022 (the “notes”) which will constitute a further issuance of and be part of the same series as the $500 million [...]

MIAMI, FL (March 9, 2012) — Interval Leisure Group (Nasdaq: IILG) (“ILG”) today announced results for the three months and full year ended December 31, 2011.
FOURTH QUARTER AND FULL YEAR 2011 HIGHLIGHTS
- ILG consolidated fourth quarter revenue increased by 6.5% from the same period last year.
- The Company generated fourth quarter diluted earnings per share [...]

Liberty Bank in Middletown, CT, appoints head of resort finance division, announces promotions.
Middletown, CT (March 7, 2012) –– Liberty Bank recently announced the promotions of Don Peruta to Senior Vice President and Manager, Resort Finance Division, and Sebastian Gromowski to Assistant Vice President in the division.
Peruta, who has been with the bank since 1996, has [...]

CHICAGO, IL (March 6, 2012) — U.S. timeshare delinquencies rose over the last three months of 2011, as expected, but remained consistent with those of a year ago, according to the latest timeshare ABS index from Fitch Ratings. Fitch expects continued near term stability for both timeshare ABS performance and ratings.
Total delinquencies for 4Q’11 were [...]

-Buzz Waloch and David Combs
Collection professionals Buzz Waloch and David Combs of Aspen National Collections, the timeshare/shared ownership industry’s premier collection agency, have offered to share advice and tips to help timeshare resort operators protect their portfolio of installment receivables and/or annual maintenance fees, via a series of Bulletins. This is Bulletin #2, published [...]