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05.05.26 - 13:06
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Marriott Vacations Worldwide Reports First Quarter 2026 Financial Results (Business Wire)
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ORLANDO, Fla.--(BUSINESS WIRE)--Marriott Vacations Worldwide Corporation (NYSE: VAC) (“MVW,” the “Company,” “we” or “our”) reported financial results for the first quarter of 2026.
First Quarter 2026 Highlights
Contract sales were $411 million in the quarter, a 2% decline compared to the prior year.
Net income attributable to common stockholders was $22 million compared to $56 million in the prior year and diluted earnings per share was $0.64 compared to $1.46 in the prior year.
Adjusted net income attributable to common stockholders decreased 34% to $43 million and adjusted diluted earnings per share decreased 25% to $1.24.
Adjusted EBITDA was $161 million compared to $192 million in the prior year.
The Company reiterates its full-year Adjusted EBITDA guidance.
“Contract sales and Adjusted EBITDA were lower in the first quarter, consistent with how we expected the year to unfold, and we expect second quarter contract sales to increase 4% to 8% and Adjusted EBITDA to be $187 million to $...
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21.04.26 - 14:36
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Marriott Vacations Worldwide Corporation Announces First Quarter Earnings Release and Conference Call (Business Wire)
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ORLANDO, Fla.--(BUSINESS WIRE)--Marriott Vacations Worldwide Corporation (NYSE: VAC) will report financial results for the first quarter 2026 on Tuesday, May 5th and host a conference call 8:30 a.m. ET that morning to discuss the Company's results.
Participants may access the call by dialing (877) 407-8289 or (201) 689-8341 for international callers. A live webcast of the call will also be available in the Investor Relations section of the Company's website at ir.mvwc.com.
An audio replay of the conference call will be available at ir.mvwc.com for 30 days. To access the replay, dial (877) 660-6853 or (201) 612-7415 for international callers. The conference ID for the recording is 13759388.
About Marriott Vacations Worldwide Corporation
Marriott Vacations Worldwide Corporation is a leading global vacation company that offers vacation ownership, exchange, rental and resort and property management, along with related businesses, products, and services. The Company has approximately 120 vacation ownership r...
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20.04.26 - 16:42
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Marriott Vacations Worldwide Completes $460 Million Term Securitization (Business Wire)
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ORLANDO, Fla.--(BUSINESS WIRE)--Marriott Vacations Worldwide Corporation (NYSE: VAC) (“MVW” or the “Company”) announced today the completion of a $460 million securitization of vacation ownership loans, offered to qualified institutional buyers in the United States pursuant to Rule 144A and outside the United States in accordance with Regulation S under the Securities Act of 1933, as amended. The notes were issued by MVW 2026-1 LLC (the “Issuer”). The notes have a blended interest rate of 4.86% and a gross advance rate of 98%.
“Our ability to execute consistently and efficiently in the securitization market, even during periods of market volatility, is grounded in the durability of our consumer receivables and the stability of our business model,” said Jason Marino, Executive Vice President and Chief Financial Officer.
The transaction was backed by a pool of approximately $470 million of vacation ownership loans from a variety of the Company's timeshare brands. Three classes of notes were...
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09.03.26 - 13:54
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Marriott Vacations Worldwide Appoints Tony Walker as Chief Sales and Marketing Officer (Business Wire)
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ORLANDO, Fla.--(BUSINESS WIRE)--Marriott Vacations Worldwide (NYSE: VAC) announced today that industry veteran Tony Walker has been appointed the Company's new Executive Vice President and Chief Sales and Marketing Officer, reporting to Mike Flaskey, President and Chief Operating Officer.
Walker brings more than two decades of sales, marketing, and operational leadership to Marriott Vacations Worldwide, having progressed from frontline sales roles to leading global organizations through periods of growth, transformation, and integration. He has led multiple mergers and acquisitions, overseen complex cultural integrations, and driven organic operational performance improvement across a variety of business environments. Walker's previous experience includes serving for six years in the Chief Sales and Marketing Officer role at Diamond Resorts, executing industry leading experience-based sales and marketing capabilities that enabled sustained revenue and adjusted EBITDA growth. Over the course of his caree...
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06.03.26 - 15:03
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James Hunter to Transition from Role as General Counsel After Nearly 20 Years with Marriott Vacations Worldwide (Business Wire)
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ORLANDO, Fla.--(BUSINESS WIRE)--Marriott Vacations Worldwide Corporation (NYSE: VAC) (“MVW” or the "Company") announced today that, after nearly 20 years with the Company, Executive Vice President and General Counsel, James Hunter ("Jim") will transition from his role on March 9, 2026 and retire on April 1, 2026.
“On behalf of our Board of Directors and associates, I thank Jim for his long‑standing service and the contributions he has made to our Company,” said Matt Avril, Chief Executive Officer of MVW.
Hunter began his in‑house legal career at Marriott International, Inc. ("Marriott") in 1994, supporting global development and expansion initiatives. After leading legal support for Marriott's growth across Asia‑Pacific, he relocated to Orlando in 2006 to lead the Law Department of Marriott Vacation Club International, overseeing significant expansion and the launch of the Marriott Vacation Club Destinations points product. He subsequently played a key role in ...
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