SP: Marriott’s Timeshare Spin-Off: The Implications

Feb. 16, 2011 – In this CreditMatters TV segment, Standard & Poor’s Directors Emile Courtney and Carmi Margalit discuss Marriott ‘s recently announced plan to spin off its timeshare business. Courtney looks at the effects of the announcement on Marriott’s corporate credit rating and the overall timeshare industry, and Margalit addresses the effects the spin-off could have on Marriot’s existing securitization ratings.

The rest is here:
SP: Marriott’s Timeshare Spin-Off: The Implications