Today Marriott announced $760 Million in timeshare write-downs as follows: $300 Million in 5 Luxury Residential Projects, an additional $300 Million in 9 Fractional projects in North America and $95 Million in an additional Marriott timeshare located in North America. They also said that they will NOT develop any new projects in Europe or Asia that they need to fund.
If anyone learns which projects--please post.
