Headquartered in Orlando, FL Fiscal year ends December NYSE: VAC marriottvacationsworldwide.com
Marriott Vacations Worldwide Corporation (NYSE: VAC) is a global vacation company. It offers vacation ownership, exchange, rental, and resort and property management, along with related businesses, products and services.
The company reports two segments:
- **Vacation Ownership:** develops, markets and sells vacation ownership products, finances owner purchases, rents inventory and manages resorts. It has 120 vacation ownership resorts and about 650,000 owner families, operating under exclusive long-term relationships with Marriott International and an affiliate of Hyatt Hotels Corporation.
- **Exchange & Third-Party Management:** operates the Interval International exchange network and membership programs, covering more than 3,200 affiliated resorts in over 90 countries and territories and about 1.48 million active members. It also provides management services to other resorts and lodging properties.
Revenue comes from:
- Sales of vacation ownership products
- Management and exchange fees
- Rental
- Consumer financing interest income
- Cost reimbursements
The company funds its consumer notes receivable largely through term securitizations and a warehouse facility. In 2026 it is executing a business transformation focused on sales execution, owner experiences and profitability, including a deliberate pullback in Asia-Pacific. Updated
Management raised full-year adjusted EPS guidance to $8.65 to $9.15 even after absorbing a $16 million hurricane hit in Kauai. Revenue missed expectations, but vacation ownership EBITDA margin expanded to 29.6% from 26.1%.
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Pre-Market Stock Futures: Futures are trading lower after a solid risk-on Wednesday, when all major indices finished higher. Reports that filtered out of the media that Iran had backchannelled the CIA, looking…
Tuesday's top analyst upgrades and downgrades included Amgen, Archer Daniels Midland, Boeing, Dow, LyondellBasell Industries, Netflix, Splunk, Spotify Technology, T-Mobile, Vale and Walmart.
Monday afternoon's analyst calls included AutoZone, Li Auto, Marriott Vacations and Peloton.
Marriott Vacations Worldwide Corporation (NYSE: VAC) is a global vacation company. It offers vacation ownership, exchange, rental, and resort and property management, along with related businesses, products and services.
24/7 Wall St.'s 12-month price target for VAC is $116.69, rated Buy. The Wall Street consensus target is $123.00. VAC price prediction →
