Marriott International to Provide Live Webcast of Company's Timeshare Security Analyst Meeting February 26
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Marriott International to Provide Live Webcast of Company's Timeshare Security Analyst Meeting February 26
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Category: Worldwide
This is a press release selected by our editorial committee and published online for free on 2008-02-21
Marriott International, Inc. (NYSE:MAR) said it will provide a live webcast of a security analyst conference focused on its timeshare business that the company is holding on February 26, 2008. The meeting will be webcast in two parts: presentations by senior company executives from approximately 10:00 a.m. to 1:30 p.m. Eastern Time, followed by luncheon remarks by Marriott's Chief Financial Officer, Arne Sorenson, at approximately 2:00 p.m.
Marriott has been a leader in the timeshare industry and in recognizing the significant marketing and operating advantages derived from combining the hotel and timeshare businesses. Today, Marriott continues to expand its timeshare business with multiple brands and products, including Ritz-Carlton Club. Marriott offers a broad portfolio of exciting resort destinations and vacation alternatives. At year-end 2007, Marriott's timeshare business included over 370,000 owners and 61 resorts in 38 destinations.
At this, the company's first timeshare analyst conference, Marriott management will discuss its timeshare segment's growth opportunities, development pipeline, new product initiatives, competitive advantages and business prospects.
The webcast of the meeting will include slides and live audio via Marriott's investor relations web site.
Those wishing to access the website should log onto http://www.marriott.com/investor, click the "Recent Investor News" tab and click on the "Timeshare Analyst Meeting" link. Presentation materials from the meeting and an audio replay will be available online after the meeting as well. Investor or analyst questions concerning the analyst conference should be addressed to Marriott Investor Relations at (301) 380-1379.
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