Resort diving is big business, and coral reefs a big part of it. A 2013 National Oceanic and Atmospheric Administration (NOAA) report pegs the economic tourism value of all coral reefs in the United States, territories and Caribbean at $900 million dollars annually, but resorts reefs and the tourism they support are vanishing.
Hilton Grand Vacations Inc. (the "Company") (NYSE:HGV) announced that its Board of Directors terminated James E. Mikolaichik as Executive Vice President and Chief Financial Officer, effective today, for conduct and behavior not consistent with the Company's policies. Mr. Mikolaichik's termination was not related to any issues involving the Company's business, strategy, operations, performance, financial reporting or internal controls.
Marriott Vacations Worldwide (NYSE: VAC) was recently recognized as one of Orlando Sentinel's "Top 100 Companies" for 2018. Marriott Vacations Worldwide ranked seventh in the Large Division, making it the highest-ranked Orlando company in the vacation ownership industry. The "Top 100 Companies" program is created by the Orlando Sentinel, in partnership with Best Companies Group, to recognize and honor the best places of employment in Orlando, benefiting the city's economy, workforce and businesses.