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The biggest 4 public trading TS company's 2007 results
In 2006, total US TS developer sale has top 10 B. Look like it is 11B this year.
Of these 4, 3 compaiesy have seperate the operational cost of their TS
BXG reported 64% Rev to cost. 21% of rev is used at sales (or 33%) Wyndham is close to 50%
Wyndham measure the sales by 2 indexes
# of tours * Volume per Guest (or sale amount per guest)
So I guess the loss on the note must be count for 3%
Since II's parent company IAC International decides to split itself, It now have a little bit more detail on II's finacial data
The RCI data
II data
Jya-Ning
Code:
Rev 2007 2006 WYN (Wyndham) 1,993 14% 1,743 HOT (Starwood) 1,025 2% 1,005 MAR (Marriott) 1,747 11% 1,577 BXG (Bluegreen) 453 14% 399
Of these 4, 3 compaiesy have seperate the operational cost of their TS
Code:
Expense 2,007 2006 HOT (Starwood) 758 3% 736 MAR (Marriott) 1,397 15% 1,220 BXG (Bluegreen) 290 8% 267.33
Wyndham measure the sales by 2 indexes
# of tours * Volume per Guest (or sale amount per guest)
Code:
2007 2006 Tours 1,144,000 9% 1,046,000 Volume Per Guest (“VPG”) 1,606 8% 1,486
Since II's parent company IAC International decides to split itself, It now have a little bit more detail on II's finacial data
The RCI data
Code:
RCI 2007 2006 Vacation Exchange and Rentals Average number of members (in 000s) 3,526.00 5% 3,356.00 Annual dues and exchange revenues per member 135.85 0% 135.62 Vacation rental transactions (in 000s) 1,376.00 2% 1,344.00 Average net price per vacation rental 422.83 14% 370.93 Operation from RCI exchange 479.01 5% 455.14 Operation from RCI rental 581.81 17% 498.53
Code:
Revenue: 2007 2006 II 360.4 25% 288.6
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