Marriott Vacations Worldwide

Marriott Vacations Worldwide Corp. is a global vacation company engaged in vacation ownership, exchange, rental and resort and property management, along with related businesses, products and services. It operates through Vacation Ownership and Exchange & Third-Party Management. The Vacation Ownership segment develops, markets, sells, and manages vacation ownership and related products under the Marriott Vacation Club, Grand Residences by Marriott, Sheraton Vacation Club, Westin Vacation Club, and Hyatt Residence Club brands. The Exchange and Third-Party Management segment consists of exchange networks and membership programs, as well as the management of resorts and lodging properties. The company was founded in 1984 and is headquartered in Orlando, FL.

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Marriott Vacations Worldwide excels in Q4 2022, eyes growth opportunities

Marriott Vacations Worldwide's Q4 2022 showcased robust performance, strategic investments, and positive outlook for 2023. Challenges include maintaining VPGs and adapting to changing lead times for tour packages. Opportunities lie in driving tour growth from owners and capitalizing on strong leisure travel demand.

Marriott Vacations Worldwide reports robust Q1 performance amidst travel optimism

Marriott Vacations Worldwide delivered a strong Q1 performance with growth in key metrics and a steady cash flow guidance.
Despite challenges like rental declines and potential VPG decreases, the company remains optimistic about its future.
Opportunities lie in digital optimization, expanding tour packages, and leveraging consumer travel spending trends for growth.
Overall, the company's strong on-site sales presence, strategic initiatives, and positive consumer travel intentions position it well for future success.

Marriott Vacations Worldwide faces Q2 challenges but eyes growth opportunities

Marriott Vacations Worldwide navigated challenges in Q2 but remains optimistic about its long-term trajectory, emphasizing brand strength and strategic decisions for growth.
Despite lower VPGs and tours, the company saw growth in international contract sales and plans to rebrand Legacy Welk Resorts to Hyatt Vacation Club.
Addressing concerns about sales reserves and defaults, the company aims for gradual financial improvement and anticipates returning excess cash to shareholders.
The transition to the Abound program and delayed launch of Sheraton Flex side present opportunities for enhanced customer experiences and smoother transitions.

Marriott Vacations Worldwide overcomes challenges, eyes growth opportunities ahead

Marriott Vacations Worldwide navigated challenges from Maui wildfires and a loan loss charge, impacting financial performance.
Despite initial setbacks, the company showed resilience with rebounding VPGs and strong international business growth.
Efforts to drive utilization of the Abound program among legacy Vistana owners are ongoing, with positive liquidity and occupancy trends.
Guidance for 2024 includes a focus on revenue and contract sales growth, alongside investments in digital technologies for long-term sustainability.

Marriott Vacations Worldwide reports strong growth amidst operational challenges

Marriott Vacations Worldwide delivered strong financial performance with growth in contract sales and international business.
The company faces challenges in accelerating tour growth and managing increased G&A costs impacting profitability.
Opportunities lie in leveraging IT investments for operational efficiencies and driving growth through targeted marketing efforts.
Guidance for 2024 indicates expectations for increased adjusted EBITDA and cash flow, supported by strategic initiatives.

Marriott Vacations Worldwide reports growth in sales amidst challenges

Marriott Vacations Worldwide reported growth in contract sales and first-time buyer tours, but faced declines in adjusted EBITDA. Strong reservations for new resorts and international expansion opportunities highlight positive demand trends.
Challenges include concerns about elevated price levels impacting consumer spending and the need for improvement in loan performance. Opportunities lie in the consumer shift towards experiences, international expansion, and enhancing customer experience through IT transformation.
The company's performance reflects operational strength with high occupancy rates and positive indicators for the future. Strategic focus on quality tours, owner benefits, and portfolio expansion positions Marriott Vacations Worldwide for growth and revenue enhancement.
Despite challenges, the company's liquidity position and growth expectations in contract sales and rental business offer financial stability and growth prospects. Addressing challenges and capitalizing on opportunities will be key to driving future success and profitability.

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ORLANDO, Fla.--( BUSINESS WIRE )--Marriott Vacations Worldwide Corporation (NYSE: VAC) (the “Company,” “we” or “our”) announced today that it intends to offer, subject to market and other conditions, $500 million in aggregate principal amount of convertible senior notes due 2027 (the “Notes”) in a private offering (the “Offering”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The Company also intends to grant to the initial purchasers of the Notes (the “Initial Purchasers”) an option to purchase up to an additional $75 million aggregate principal amount of the Notes for settlement within a 13-day period beginning on, and including, the initial closing date.

Marriott Vacations Worldwide Announces Offering of Convertible Senior Notes

Marriott Vacations (VAC) boosts shareholders' returns with a quarterly dividend hike of 16%. The company is optimistic about high occupancy rates and growth in development and rental businesses.

Marriott Vacations (VAC) Rewards Shareholders With Dividend Hike

Revenue of $3.15B in 2019 marked the end of a three-year revenue growth streak. The company shows a strong rebound post-Covid and a high potential of exceeding pre-Covid performance by Dec 2022.

Marriott Vacations: A Lot More For Investors In Q4 '22 And Beyond

Marriott (VAC) reported earnings 30 days ago. What's next for the stock?

Why Is Marriott (VAC) Up 0.3% Since Last Earnings Report?

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Marriott Vacation Club Opens Newest Resort, Marriott's Bali Nusa Dua Terrace

ORLANDO , Nov. 3, 2022 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) ("MVW" or the "Company") announced today the completion of its second timeshare receivable securitization of 2022 (the "2022-2 securitization"), offered pursuant to Rule 144A and outside the United States in accordance with Regulation S under the Securities Act of 1933, as amended. $280 million of notes (the "Notes") were issued in the transaction, backed by a pool of approximately $286 million of vacation ownership loans from a variety of the Company's timeshare brands.

Marriott Vacations Worldwide Completes Second Securitization of Vacation Ownership Loans in 2022

The average of price targets set by Wall Street analysts indicates a potential upside of 26.5% in Marriott (VAC). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

How Much Upside is Left in Marriott (VAC)? Wall Street Analysts Think 26%

Marriott Vacations' (VAC) third-quarter top line benefits from solid vacation ownership business performance and an uptick in tour growth.

Marriott Vacations' (VAC) Q3 Earnings Top Estimates, Rise Y/Y

Marriott Vacations Worldwide Corporation (NYSE:VAC ) Q3 2022 Earnings Conference Call November 1, 2022 8:30 AM ET Company Participants Neal Goldner - Vice President, Investor Relations Steve Weisz - Chief Executive Officer John Geller - President Tony Terry - Executive Vice President and Chief Financial Officer Conference Call Participants Ben Chaiken - Credit Suisse Patrick Scholes - Truist Securities David Katz - Jefferies Brandt Montour - Barclays Operator Greetings, and welcome to the Marriott Vacations Worldwide Third Quarter 2022 Earnings Call. At this time, all participants are in a listen-only mode.

Marriott Vacations Worldwide Corporation's (VAC) Q3 2022 Earnings Call Transcript

ORLANDO, Fla. , Oct. 31, 2022 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) (the "Company") reported third quarter 2022 financial results.

Marriott Vacations Worldwide ("MVW") Reports Third Quarter 2022 Financial Results

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Marriott Vacations Worldwide Named to Newsweek's List of the Top 100 Most Loved Workplaces for 2022

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Marriott Vacations (VAC) benefits from strong occupancy and solid contract sales.

Marriott Vacations (VAC) Down 22% in a Year: Is the Worst Over?

MIAMI , Sept. 19, 2022 /PRNewswire/ -- Interval International, a leading worldwide provider of vacation services, and Mundo Imperial Entertainment & Hospitality, an innovator in travel, convention and entertainment destinations and subsidiary of Grupo Autofin Mexico, have announced the long-term affiliation of Club Imperial and three iconic properties in Acapulco to Interval's global resort network.

INTERVAL INTERNATIONAL WELCOMES CLUB MUNDO IMPERIAL AND THREE LANDMARK ACAPULCO PROPERTIES TO ITS EXCHANGE NETWORK

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BRANSON'S NANTUCKET, LLC SELECTS INTERVAL INTERNATIONAL AS EXCLUSIVE EXCHANGE PROVIDER

Why Is Marriott (VAC) Down 4.8% Since Last Earnings Report?

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The mean of analysts' price targets for Marriott (VAC) points to a 26.9% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Does Marriott (VAC) Have the Potential to Rally 27% as Wall Street Analysts Expect?

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News for Marriott Vacations Worldwide Stock (VAC)