Starwood Hotels Rating Cut To 'BB+' From 'BBB-'; Outlook Negative - Another Financial Portal
Starwood Hotels Rating Cut To 'BB+' From 'BBB-'; Outlook Negative Another Financial Portal, CT - Dec 23, 2008 The rating action also incorporates our expectation that timeshare term securitization markets are unlikely to be available at acceptable financing terms ...
Market Report -- In Play (WYN) MSN Money - Dec 18, 2008 Wyndham has taken steps to stabilize its liquidity position by reducing its timeshare infrastructure and future inventory spending to a level that can be ...
ARGUS Maintains a 'Sell' Rating on Marriott International (MAR) - StreetInsider.com (subscription)
ARGUS Maintains a 'Sell' Rating on Marriott International (MAR) StreetInsider.com (subscription), MI - Dec 29, 2008 We also expect revenues from the timeshare business to continue to fall through next year. We believe airlines' recent cutbacks in flight capacity will ...
Sector Snap: Hotel companies advance Forbes, NY - Dec 10, 2008 He said both Marriott and Starwood said they were scaling back timeshare development and sales, due to slowing demand and a tight credit market for ...