PROFILE |
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Sunterra can take you to some of the sunniest places on Earth. It is one of the world's largest time-share vacation companies, with about 90 resort locations in the Caribbean, Europe, and North America. About 300,000 families own interests in the company's resorts, entitling them to a one-week stay at a resort each year, as well as "vacation points," which may be redeemed at participating resorts. Sunterra also offers financing services and develops and manages resort properties. It markets properties under the Sunterra name and, through licensing agreements, the Embassy Vacation Resorts name. The company has filed for Chapter 11 and hired CEO Craig Rayburn in an effort to improve its financial standing.
COMPETITION |
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Cendant Corporation (CD)
Marriott International, Inc. (MAR)
Trendwest Resorts, Inc. (TWRI)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
1999 Sales (mil.): 423.70
1-Yr. Sales Growth: 17.9%
Employees: 7,800
Revenue per employee: $54,320.51
KEY PEOPLE |
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Gregory F. Rayburn
CEO
Larry Young
CFO
CONTACT INFO |
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1781 Park Center Dr.
Orlando, FL 32835
US
Phone: 407-532-1000
Fax: 407-532-1141
Online: Web Site
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