General Discussion
marriott FROF
Jul 31, 2009
Aug 01, 2009
Aug 03, 2009
Dec 03, 2009
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.