Originally Posted by
singlemalt
I think breakage is a lot larger than most people think. Starwood's breakage is 56%, according to the latest 10-K (and my math). I'm curious to know how this number stacks up against other programs, but I've never been able to find it in other companies' financials.
my guess is that each program would lose as many members as they gain per year....give or take a 2-3%....