Look for Cendant Corp. to continue to be acquisitive in the time-share space, following its successful acquisition of Fairfield Communities Inc., said Chief Executive Officer Henry Silverman. At CIBC World Markets’ eleventh annual gaming, lodging and leisure conference in New York City last week, Silverman said he was surprised at how accretive the $690 million purchase had been, even after the events of Sept. 11 damaged the industry.

To read the entire story, you must be logged in.
Please log in now or register with us.

How useful was this post?

Tell us more about your rating decision