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Old Sep 23, 2009 | 7:21 am
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Beach9bum
 
Join Date: Jun 2008
Programs: AA Lifetime Platnum, Marriott Lifetime Platnum
Posts: 48
Marriott Timeshare Write-Downs announced

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.
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