FlyerTalk Forums - View Single Post - Marriott Timeshare Write-Downs announced
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Old Sep 28, 2009 | 5:38 pm
  #13  
Kagehitokiri
FlyerTalk Evangelist
 
Join Date: Jun 2006
Location: IAD/DCA
Posts: 31,871
mixed use = has residences/fractionals/timeshares ("residential") ...

(residences = condo or condohotel depending on whether they are included in inventory or not)

Marriott International Inc.'s disclosure Wednesday that it will stop developing new time-share and luxury-residential projects and write down the value of such properties under construction by $760 million
http://online.wsj.com/article/SB125371358595033997.html

It will complete its luxury-residential projects already under construction
personally, im curious which ones those are. there was no discussion in annual report or H1 results.

Last edited by Kagehitokiri; Sep 28, 2009 at 5:45 pm
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