MARRIOTT VACATIONS WORLDWIDE Corp

Overview

Marriott Vacations Worldwide Corp. is a global leisure company focused on vacation ownership, exchange, rentals, and resort and property management. Its offerings include vacation ownership products under brands such as Marriott Vacation Club, Sheraton Vacation Club, Westin Vacation Club, Hyatt Vacation Club, and The Ritz-Carlton Club, alongside exchange services through Interval International. The company reports two core segments: Vacation Ownership and Exchange & Third-Party Management.[1]+3

Its vacation-club properties span the U.S., Caribbean, Mexico, Central America, Europe, Asia, and Australia; Interval International’s exchange network includes affiliated resorts in more than 90 countries and territories. The company’s stated vision is “to inspire people to live life to the fullest through exceptional vacation experiences treasured for a lifetime.” [3]+2

For the year ended December 31, 2025, Marriott Vacations Worldwide reported $5.032 billion in consolidated revenue. A secondary company-data source lists 21,100 employees as of December 31, 2025.[7][8] [1]+10

Products & services

Marriott Vacations Worldwide offers vacation-ownership products under Marriott Vacation Club, Grand Residences by Marriott, Sheraton Vacation Club, Westin Vacation Club and Hyatt Vacation Club. Its portfolio also includes The Ritz-Carlton Club vacation-ownership products, The Ritz-Carlton Residences, and specified fractional-ownership products licensed under the St. Regis name.[9][3]

Owners can access resort stays through their ownership interests and, depending on the program, use points to choose a resort, villa type, travel dates and stay length. Exchange options include affiliated resorts, exchanges through Interval International, and cruise options; Interval also offers Getaways, allowing members to rent available accommodations.[10][11] Interval International’s network included more than 3,200 affiliated resorts in over 90 countries and territories at year-end 2025.[12]

Other services include membership and exchange services, rentals, property and homeowners’ association management, and related services through Interval International and Aqua-Aston.[13] In the six months ended June 30, 2026, Vacation Ownership accounted for approximately 95.7% of the company’s segment external revenue, and Exchange & Third-Party Management approximately 4.3%, calculated from reported segment revenue.[14] [9]+6

Geographic presence

Marriott Vacations Worldwide’s vacation-ownership resorts and accommodations span the United States, the Caribbean, Mexico, Europe, Asia and Australia. Its luxury portfolio includes locations in the United States, the Caribbean and the United Kingdom, while Hyatt Vacation Club resorts are in the United States and Mexico. At year-end 2025, the company had 120 vacation-ownership resorts and provided management services at 23 other resorts and lodging properties.[15]+3

The company marketed products in the United States and 30 countries and territories; about 90% of 2025 vacation-ownership contract sales originated in North America. It reported sales galleries in Singapore and Japan, third-party brokers in Latin America and Europe, and customer-service centers in Salt Lake City, Orlando and Mexico City. Its corporate headquarters are in Orlando, Florida. The available figures describe contract sales rather than geographic revenue: no country- or region-level revenue breakdown was identified.[19]+3 [15]+7

Business segments

For fiscal 2025, Marriott Vacations Worldwide reported two business segments. **Vacation Ownership** generated approximately 96% of reportable-segment revenue ($4.805 billion of $5.018 billion). It includes developing, marketing, selling, and managing vacation-ownership products and resorts, including Marriott Vacation Club, Grand Residences by Marriott, Sheraton Vacation Club, Westin Vacation Club, Hyatt Vacation Club, and The Ritz-Carlton Club.[23][24]

**Exchange & Third-Party Management** contributed approximately 4% ($213 million of reportable-segment revenue). Its activities include Interval International exchange and membership programs and Aqua-Aston property management and rental services, as well as property and owners’ association management. These percentages use the $5.018 billion total for reportable segments; the company separately reported $14 million in Corporate and other, bringing consolidated revenue to $5.032 billion.[25]+3 [23]+4

Company history

Marriott Vacations Worldwide traces its origins to 1984, when Marriott Corporation entered timesharing by acquiring American Resorts Corporation and establishing Marriott Ownership Resorts. In 2010, it launched Marriott Vacation Club Destinations, a points-based program alongside its weeks-based offerings. The vacation-ownership business became an independent, publicly traded company on November 21, 2011, when it was spun off from Marriott International.[6][27]

A major expansion followed in 2018 with the acquisition of ILG, bringing Vistana, Hyatt Vacation Ownership, Interval International and other hospitality and vacation-ownership businesses into the company. In 2021, MVW acquired Welk Resorts; its former Welk resorts were rebranded as Hyatt Vacation Club in 2023. Stephen P. Weisz, who led the business before and after the 2011 spin-off, was succeeded as CEO by John E. Geller, Jr. on January 1, 2023. In February 2026, Michael A. Flaskey was appointed president and chief operating officer.[28]+3 [28]+5

Sources

• MARRIOTT VACATIONS WORLDWIDE Corp — Full financial report (2025 Y)
  20 citations

  [1][2][3][4][7][10][11][12][15][16][17][18][19][20][21][22][23][25][26][31]
• www.marriottvacationsworldwide.com[5]
• www.marriottvacationsworldwide.com[6]
• stockanalysis.com[8]
• MARRIOTT VACATIONS WORLDWIDE Corp — Full financial report (2026 Q 2)
  3 citations

  [9][13][14]
• www.sec.gov[24]
• ir.marriottvacationsworldwide.com[27]
• MARRIOTT VACATIONS WORLDWIDE Corp — Full financial report (2023 Y)
  3 citations

  [28][29][30]