- Joined
- May 20, 2006
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- Resorts Owned
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Marriott Grande Vista
Marriott Harbour Lake
Sheraton Vistana Villages
Club Wyndham CWA
Okay. I think a hint as to what they might be considering comes from an interview that John Geller did at the J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum on March 14th. You can find this in the Events & Presentations section of the Marriott Vacations Worldwide website Investor Relations page. In speaking to a question about Hyatt he was talking about Hyatt Vacation Club properties not being in great sales markets. He specifically mentioned Orlando and that they "would probably not build a new Marriott resort but we would build a new Hyatt". He did mention they could possibly turn $40 or $50 million a year in sales, but they need to get inventory there first. With that, I fully expect this new resort to be a Hyatt Vacation Club property.I wonder which side of Hyatt it would be on. I don't own any on either, but seem to recall that there is still a difference between the original Hyatt side of things and the Welk Hyatt side. If they're looking to sell Welk inventory, it might make more sense on that side of things, but who knows. HGVC has taken on selling the old Diamond/HVC trust product at HGVC sites, so it could be either.