Marriott Vacations Worldwide Corp - Company Profile
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Marriott Vacations Worldwide Corp (Marriott Vacations) is a global vacation company specializing in vacation ownership, exchange, rental, and resort and property management. The company offers a range of services, including points-based and week-based vacation ownership products, as well as membership programs through its Interval International brand. The company's services serve customers seeking vacation experiences, providing alternatives to traditional lodging accommodations. Marriott Vacations mainly sells its products through a network of resort-based sales centers, off-site sales locations, and proprietary sites. The company operates in various geographic locations in Europe, Asia-Pacific, and North America. Marriott Vacations is headquartered in Orlando, Florida, the US.
Headquarters
United States of America
Address
7812 Palm Parkway, Orlando, Florida, 32836
Telephone
1 407 2066000
No of Employees
22,300
Industry
Leisure and Arts
Ticker Symbol & Exchange
VAC (NYSE)
Revenue (2024)
$5.0B
5.1%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-14.2%
(2024 vs 2023)
Market Cap*
$2.6B
Net Profit Margin (2024)
XYZ
-18.3%
(2024 vs 2023)
* As of and is in US$
Marriott Vacations Worldwide Corp premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Product: | Resort Management Services | Marriott Vacation Club |
| Vacation Ownership Products | Consumer Financing for Vacation Ownership Products | Sheraton Vacation Club |
| Rental Services | Westin Vacation Club | |
| XYZ | ||
| XYZ | ||
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In September, Interval International welcomed Blue Diamond Resorts, adding six luxurious all-inclusive properties in Mexico and the Dominican Republic, enhancing members' access to exquisite beachfront accommodations. |
| 2024 | Contracts/Agreements | In August, Marriott Dallas Allen Hotel & Convention Center selected ROH to streamline its operations, enhancing productivity by managing sales, payments, and finance in a unified platform. |
| 2024 | Corporate Changes/Expansions | In March, The Marriott Vacation Clubs launched The Marriott Vacation Clubs City Collection. |
Competitor Comparison
| Key Parameters | Marriott Vacations Worldwide Corp | Airbnb Inc | Hilton Grand Vacations Inc | Travel + Leisure Co | Disney Vacation Club |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Orlando | San Francisco | Orlando | Orlando | - |
| State/Province | Florida | California | Florida | Florida | - |
| No. of Employees | 22,300 | 7,300 | 21,800 | 19,000 | - |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| William J. Shaw | Chairman | Executive Board | 2011 | 80 |
| Matthew E. Avril | Director; Chief Executive Officer - Interim; President - Interim | Executive Board | 2025 | - |
| Jason P. Marino | Executive Vice President; Chief Financial Officer | Senior Management | 2023 | 50 |
| Raman T. Bukkapatnam | Chief Information Officer; Executive Vice President | Senior Management | 2023 | 59 |
| Lori M. Gustafson | Executive Vice President; Chief Membership and Commercial Services Officer | Senior Management | 2024 | 42 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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