White Plains, NY (Feb. 4, 2010) — Starwood Hotels & Resorts Worldwide Inc. reported a loss in the fourth quarter, mostly because of a hefty charge for cancelled projects and lower prices in its timeshare business.
Excluding special items, which net to a charge of $281 million in 2009 and $133 million in 2008, EPS [...]
BRANSON, MO (February 1, 2010) — Branson based Summerwinds Resort Services L.L.C. , which develops and manages Stormy Point Village Resort, has announced fourth quarter results for 2009. “It appears that sales and revenue for all related entities have increased by 11% to $41,100,000 (usd) for 2009.” According to Managing Member Joseph Pat Joyce. [...]
York Capital Management Makes Equity Investment; Company Restructures Credit Facilities
Northbrook, IL (Jan. 31, 2010) –- Shell Vacations LLC, a leader in the development, sales and operation of vacation ownership properties throughout North America, today announced it has received a substantial investment from York Capital Management, a leading global investment firm. As part of the transaction, [...]
ORLANDO, FL (Jan. 23, 2010) — Ultimate Escapes, Inc. (NYSE Amex: UEI and UEI-WT) (the “Company”), one of the world’s largest luxury destination clubs, announced yesterday that on January 20, 2010, the Company received notice from the NYSE Amex LLC (the “Exchange”) indicating that the Company did not comply with Section 301 of the Exchange’s [...]
VANCOUVER, BC, Jan. 20, 2010 – There have been inaccurate and misleading media reports surrounding Intrawest today. Fortress Investment Group continues to own and control Intrawest and all of its properties. Serious discussions with Intrawest’s lenders are ongoing regarding refinancing and the Company continues to operate “business as usual” at all of its resort properties. [...]
DALLAS, TX, January 8, 2010 –Silverleaf Resorts, Inc. (NasdaqCM: SVLF) today announced that its Board of Directors has elected Harry J. White, Jr. as Silverleaf’s Chief Financial Officer, effective immediately. Mr. White, who has been with Silverleaf since 1998, previously served as the Company’s Chief Financial Officer from June 1998 until February 2008 when he [...]
Conference Call and Webcast at 8:30am ET
PARSIPPANY, N.J., January 8, 2010 — Wyndham Worldwide Corporation (NYSE: WYN) has announced that it will report fourth quarter and full year 2009 results Wednesday, February 10, 2010. Steve Holmes, Chairman and CEO and Tom Conforti, Executive Vice President and Chief Financial Officer, will host a conference call [...]
BETHESDA, Md., January 7, 2010 — Marriott International, Inc. (NYSE: MAR) today said that while fourth quarter results are not yet available, the company expects its fourth quarter 2009 revenue per available room (REVPAR) for comparable systemwide hotels outside North America will have declined 14 to 16 percent on a constant dollar basis, consistent [...]
BETHESDA, MD, January 6, 2010 — Marriott International, Inc. (NYSE: MAR) will conduct its 2009 fourth quarter earnings review for the investment community and news media on Thursday, February 11, 2010 at 10 a.m. Eastern Time (ET). The results will be issued prior to the opening of the New York Stock Exchange on that [...]
DALLAS, TX, December 31, 2009 — Silverleaf Resorts, Inc. (NasdaqCM: SVLF) announced today that it received a notification from The NASDAQ Stock Market, LLC (“NASDAQ”) stating that it is no longer in compliance with the continued listing requirements for The NASDAQ Capital Market as a result of the closing bid price per share of the [...]
