marriott FROF

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Re: marriott FROF (by Sharon D.):

I have heard that Marriott can't afford to exercise FROF at resorts where too many units are on the market --- loan interest and inventory holding costs aren't trivial and represent a business expense on the books. Since it seems Marriott has more inventory than they want right now, they are not exercising FROR, would rather just happily collect their annual MF, at least most of their domestic US properties.