XNYS
VAC
Market cap3.58bUSD
Oct 08, Last price
104.21USD
1D
1.10%
1Q
6.00%
Jan 2017
22.82%
IPO
497.19%
Name
Marriott Vacations Worldwide Corp
Chart & performance
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Profile
Marriott Vacations Worldwide Corporation is a prominent global leisure company specializing in the development, marketing, sale, and management of vacation ownership products and associated offerings. Its business operations are structured around two core divisions: Vacation Ownership, and Exchange & Third-Party Management. The corporation oversees numerous vacation ownership brands, including Marriott Vacation Club, Grand Residences by Marriott, Sheraton Vacation Club, Westin Vacation Club, Hyatt Residence Club, and Marriott Vacation Club Pulse. Additionally, it is engaged in the creation, promotion, and sale of timeshare products under The Ritz-Carlton Destination Club brand, and holds the rights to develop, market, and sell luxury residential ownership properties bearing The Ritz-Carlton Residences name. Beyond its core ventures, the enterprise provides exchange networks and membership programs, alongside offering management services to external resorts and lodging facilities through various affiliated brands, such as Interval International, Trading Places International, Vacation Resorts International, and Aqua-Aston. As of December 31, 2021, Marriott Vacations Worldwide maintained a portfolio of approximately 120 properties located across the United States and thirteen other international territories. The company's premium vacation ownership products are primarily distributed through dedicated sales centers situated at its resorts, complemented by various off-site sales locations. Established in 1984, the corporate headquarters for Marriott Vacations Worldwide are located in Orlando, Florida.
Related entities
Subsidiaries (2)
MVW International Holding Company S.a r.l.
MVW INTERNATIONAL FINANCE COMPANY, LLC
Key people
President, Chief Executive Officer, Director · since 2011
Executive Vice President and Chief Financial and Administrative Officer · since 2018
Jeanette Marbert
President - Exchange and Third-Party Management · since 2018
Ralph Lee Cunningham
Executive Vice President and Chief Operating Officer - Vacation Ownership · since 2018
Lizabeth Kane-Hanan
Executive Vice President and Chief Development and Product Officer · since 2018
Ovidio Vitas
Executive Vice President and Chief Brand and Digital Strategy Officer · since 2019
Michael E. Yonker
Chief Human Resource Officer, Executive Vice President · since 2011
Dwight D. Smith
Executive Vice President, Chief Information Officer · since 2011
Brian E. Miller
Executive Vice President and Chief Marketing, Sales and Service Officer · since 2018
Independent Director · since 2013
Independent Director · since 2018
Independent Director · since 2011
Independent Director · since 2013
Independent Director · since 2018
Independent Chairman of the Board · since 2014
IPO date
Nov 08, 2011
Employees
21,400
Domiciled in
US
Incorporated in
US
Legal address
C/O CORPORATION SERVICE COMPANY
251 LITTLE FALLS DRIVE
WILMINGTON, DE 19808
US
251 LITTLE FALLS DRIVE
WILMINGTON, DE 19808
US
Headquarters
9002 SAN MARCO COURT
ORLANDO, FL 32819
US
ORLANDO, FL 32819
US
Valuation
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