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Re: Marriott Going to Point Syst (by R Michael F.):

davidl712 wrote:
Do some homework. I think that I read in a thread somewhere that Marriott is getting out of the timeshare business. The note (from an owner, not Marriott) alluded to Marriott passing operations to another company. This smells like danger...

Marriott is not necessarily getting out of the timeshare business.

Recognizing there are distinct differences in management processes for hotel management and timeshare development/ management, Marriott has chosen to spin off the timeshare division. This allows both divisions to "stand on its own" - and prevents any one division from being a drag on the others stock value when extended economic conditions materially impact operations such as the timeshare industry has experienced over the last three or four years years. The executive team that runs Marriott Vacation Club will stay in tact in the spinoff and the majority of stock will be held by Marriott.