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Timber Lodge was down to ten locations by the time of its sale to Taher. [4] In November 2009, restaurants closed in St. Cloud, and Rochester, Minnesota. As a result of the closings, a judge levied a $3.57 million judgment against Timber Lodge for not fulfilling its leases. The Fargo, North Dakota, location closed its doors on July 24, 2010.
Marriott is rolling out the policy globally, though most U.S. hotels currently have this policy in place. Marriott also saw great success in tapping existing employees for first-time manager roles.
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 ...
$40 million in renovations were completed in 2006 on all of the guest rooms, as well as Timber Pool; the health club area in Timber Lodge became a spa. Woodlawn Lodge, the only guest lodge not connected to the rest of the complex by a walkway, was completely emptied and remodeled using a "coastal" theme into Lakewood Suites; an outdoor pool was ...
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In 1978, Marriott sold the hotel, by that point renamed the Twin Bridges Marriott Hotel, along with four other hotels, to The Equitable Life Assurance Society of the United States for $92 million. Marriott continued to operate the hotels under their name, for a management fee and a percentage of gross operating profits.