Sentences with phrase «in vacation ownership products»

Since entering the timeshare industry in 1984, Marriott earned its position as a leader and innovator in vacation ownership products.

Since entering the industry in 1984 as part of Marriott International, Inc., the company earned its position as a leader and innovator in vacation ownership products.

Not exact matches

We caution you that these statements are not guarantees of future performance and are subject to numerous risks and uncertainties, including volatility in the economy and the credit markets, supply and demand changes for vacation ownership and residential products, competitive conditions; the availability of capital to finance growth, and other matters referred to under the heading «Risk Factors» contained in our Annual Report on 10 - K for the year ended December 30, 2011 filed with the U.S. Securities and Exchange Commission (the «SEC») and in subsequent SEC filings, any of which could cause actual results to differ materially from those expressed in or implied in this presentation.

Revenues from the sale of vacation ownership products increased $ 12 million to $ 126 million in the first quarter, driven mainly by the $ 9 million increase in contract sales and $ 3 million of higher year - over-year revenue reportability.

Total revenues in this segment declined $ 2 million to $ 18 million reflecting lower revenues from the sale of vacation ownership products.

We caution you that these statements are not guarantees of future performance and are subject to numerous risks and uncertainties, including volatility in the economy and the credit markets, supply and demand changes for vacation ownership and residential products, competitive conditions; the availability of capital to finance growth, and other matters referred to under the heading «Risk Factors» contained in the Information Statement filed as an exhibit to our Annual Report on Form 10 - K for the year ended December 30, 2011 filed with the U.S. Securities and Exchange Commission (the «SEC») and in subsequent SEC filings, any of which could cause actual results to differ materially from those expressed in or implied in this presentation.

In addition, the company aligned its assessment of collectibility of the transaction price for sales of vacation ownership products with its credit granting policies.

These results reflected lower cost of vacation ownership products sold as well as improvements in marketing and sales costs, partially offset by the decrease in revenue from lower contract sales.

Outlook For the full year 2012, the company is increasing its adjusted free cash flow guidance to reflect the favorable terms of the notes receivable securitization, the impact of lower financing propensity which results in a higher percentage of cash sales as compared to financed sales of vacation ownership products, as well as reduced real estate inventory needs.

Revenue from the sale of vacation ownership products increased $ 5 million to $ 122 million in the second quarter, driven mainly by the $ 13 million increase in contract sales, partially offset by $ 9 million of unfavorable year - over-year revenue reportability.

The company cautions you that these statements are not guarantees of future performance and are subject to numerous risks and uncertainties, including volatility in the economy and the credit markets, supply and demand changes for vacation ownership and residential products, competitive conditions; the availability of capital to finance growth, and other matters referred to under the heading «Risk Factors» contained in the company's most recent Annual Report on Form 10 - K filed with the U.S Securities and Exchange Commission (the «SEC») and in subsequent SEC filings, any of which could cause actual results to differ materially from those expressed in or implied in this press release.

In order to give owners even more options, Silverleaf Resorts now specializes in two distinct vacation ownership products: Getaway Resorts and Destination ResortIn order to give owners even more options, Silverleaf Resorts now specializes in two distinct vacation ownership products: Getaway Resorts and Destination Resortin two distinct vacation ownership products: Getaway Resorts and Destination Resorts.