TIMESHARE NEWS                                                      AUGUST I 2008

Wyndham Worldwide Q2 profit rises; lowers FY08 guidance

 

Thursday, hospitality company Wyndham Worldwide Corp. reported a rise in its second-quarter profit as revenues increased 3%. The company also provided guidance for the third quarter and lowered its full year outlook.

 
   

Is a time-share ownership right for you? Do the math

 

Opinion expressed by Mr. Wendell Cayton, a Registered Investment Adviser in California and Washington

 
   

Timeshare cons rising

 

On one hand, this report in the Mirror.co.uk website talks about increased complaints being received.

Timeshare scam firms in North Wales wound up

On the other, this report should give an indication of how strict the authorities (Companies Investigation Branch (CIB) of the Insolvency Service) view such matters.

 
   

Tourism growth in Asia remains robust according to Jones Lang LaSalle Hotels' Digest Asia 2008

 

Jones Lang LaSalle Hotels identified Malaysia and Vietnam as the key growth markets in Southeast Asia, with Singapore, Thailand and Malaysia continuing to be strong markets for predominantly intra-regional travel. The Indian sub-continent is also expected to continue its growth trend.

 
   
 


(705 kb pdf)

 

080 - 4125 5007
080 - 4125 5008
  Contact us
E-mail: airda@vsnl.net                      Website: http://www.airda.org
Information complied from various industry sources. For further information,
contact D. Ravi Kumar, Executive Officer, All India Resort Development Association,
#864, 1st Floor, 3rd Cross, 7th Main, Bangalore-560 038. Tel: 080-4125 5007/ 08