RockChalkJay
newbie
Wondering what the implications are to legacy owners and/or trust owners of the spinoff of the Marriott Timeshare business.
Best article I have found is from Bloomberg: http://www.businessweek.com/news/2011-02-15/marriott-shares-climb-after-timeshare-spinoff-planned.html
Would appear that at a minimum, SpinCo will have less availability of, and higher cost of, funds with which to build any new properties.
I have seen some posts expressing concern is that there may be significantly greater increases of MF's in the future due to the spinoff, but no rationale as to why this may be the case.
Thots??
Best article I have found is from Bloomberg: http://www.businessweek.com/news/2011-02-15/marriott-shares-climb-after-timeshare-spinoff-planned.html
Would appear that at a minimum, SpinCo will have less availability of, and higher cost of, funds with which to build any new properties.
I have seen some posts expressing concern is that there may be significantly greater increases of MF's in the future due to the spinoff, but no rationale as to why this may be the case.
Thots??