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Thread: Marriott buys Interval Int'l. (ILG)

  1. #1
    Industry Representative Mark @SFX's Avatar
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    Marriott buys Interval Int'l. (ILG)

    Here we go... more industry consolidation.

    https://www.bloomberg.com/news/artic...ut-4-7-billion

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    Mark @SFX
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  2. #2
    Goomba & Super Moderator tonyg's Avatar
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    It seems it would be a good business for new exchange companies. After all how hard would it be to make a profit if you charge an annual membership fee and a $ 200 fee per exchange.

  3. #3
    I don't know if this is good or bad, I think bad for ex changers,
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  4. #4
    Industry Representative Mark @SFX's Avatar
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    Quote Originally Posted by tonyg View Post
    It seems it would be a good business for new exchange companies. After all how hard would it be to make a profit if you charge an annual membership fee and a $ 200 fee per exchange.
    Tony...how hard would it be?? There isn't enough space in this forum to explain how hard it would be! People do not realize how high the cost is to operate an exchange company!


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  5. #5
    Goomba & Super Moderator tonyg's Avatar
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    The 2 big exchange companies have a lot of overpaid executives that make things more expensive, plus they make things more complicated than they need to be.

  6. #6
    Quote Originally Posted by tonyg View Post
    It seems it would be a good business for new exchange companies. After all how hard would it be to make a profit if you charge an annual membership fee and a $ 200 fee per exchange.
    Unless you can procure a lot of decent upfront inventory in your exchange system, people are not going to want to sign up and pay a membership fee unless they know what is available.

    RCI and II get developer inventory from various companies annually to seed their exchange and rentals. They also have agreements for bulk deposits of owner inventory bases on what the developer anticipates owners to deposit at many resorts. They also have the sales and HOA's directing owners toward the big 2. An unknown, not so much.

  7. #7
    Industry Representative Mark @SFX's Avatar
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    Quote Originally Posted by tonyg View Post
    The 2 big exchange companies have a lot of overpaid executives that make things more expensive, plus they make things more complicated than they need to be.
    Isn't that a description of every large company?

    Mark @SFX
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