Marriott Vacations Worldwide reported $1.6 billion in revenue for 2011, up 1.8 percent when compared with what it would have reported taking in during 2010 had it been a standalone company. However, Marriott Vacations reported a loss of $178 million for 2011, which was fueled by write-downs on the value of its luxury products and European inventory.
Marriott Vacations (NYSE: MAR) reported that sales of timeshare contracts also missed company expectations for 2011, but reports “positive indicators” for 2012.
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