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In April 2007, Accor announced the sale of Red Roof Inn to Citigroup Global Special Situations Group and Westbridge Hospitality Fund LP for $1.3 billion. [5] As part of the sale, some locations were converted to Accor's other North American brand, Motel 6. Accor planned to focus their efforts in the North American accommodation market ...
Timeshare donation is a consumer relief strategy that allows timeshare owners a legitimate way out of their timeshare ownership. The concept of timeshare donation is less than ten years old, but gains popularity each year as the timeshare resale market continues to falter.
Accor S.A. is a French multinational hospitality company that owns, manages and franchises hotels, resorts and vacation properties. [5] It is the largest hospitality company in Europe, and the sixth largest hospitality company worldwide. [6] Accor operates 5,584 locations in over 110 countries.
Originally, Marriott Vacation Club properties were sold as weeks. A "fixed week" granted the owner the right to use their villa during a specific week each year (such as week 52, which includes New Year's Eve), or the right to use their villa during a specific "season" (defined on a per-resort basis), which granted the owner the right to reserve their villa for any available week within that ...
For an additional fee, property owners can have also list their properties on the MLS with a real estate agent affiliated with ForSaleByOwner.com. Interested buyers can use the service to search listed properties for free. However, ForSaleByOwner.com does not represent or negotiate on behalf of either the seller or the buyer.
Seller's Points (or seller contributions) are lump sum payments (or finance charges) made by the seller to the buyer's lender to reduce the cost of the loan to the buyer. [1] One point is equal to 1% of the loan amount. [2] The payment can either be required by the lender or volunteered by the seller.
If you're in the market for buying a used car, heed this advice: Never, ever purchase one until you know its full history. To find that information, all you have to do is look up the car's vehicle...
Novotel is a French midscale hotel brand owned by Accor. [1] Created in 1967 in France, the company grew into what became the Accor group in 1983, and Novotel remained a pillar brand of Accor's multi-brand strategy. Novotel manages 559 hotels in 65 countries (2021). [2] Since 2010, Novotel also includes the apartment hotel brand Novotel Suites. [2]