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Topic: Business
Number of pages / Number of words: 16 / 4369
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The profitability of the hotels, vacation timeshare resorts, and corporate apartments that we operate or franchise may be adversely affected by a number of factors, including:

1. the availability of and demand for hotel rooms, timeshare interval, fractional ownership and residential products, and apartments;

2...


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the availability of and demand for hotel rooms, timeshare interval, fractional ownership and residential products, and apartments;

2. international, national, and regional economic and geopolitical conditions;

3. the impact of war, actual or threatened terrorist activity and heightened travel security measures instituted in response to war, terrorist activity or threats;

4...


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