Company
Marriott Vacations Worldwide Corporation
Headquarters: Orlando, FL, United States
Founded: Hilton Head, South Carolina, U.S.
Employees: 20,300
CEO: Mr. Stephen P. Weisz
Market Cap
$3.03 Billion
USD as of Jan. 1, 2024
Marriott Vacations Worldwide Corporation Categories
United States Consumer Discretionary Resorts & CasinosUnited States Consumer Discretionary United States Resorts & Casinos
Top Competitors by Market Capitalization
Industry: Resorts & Casinos
| Company | Market Cap (USD) |
|---|---|
| Las Vegas Sands Corp. | $38.17 B |
| Sands China Ltd | $24.15 B |
| Galaxy Entertainment Group Ltd | $24.00 B |
| MGM Resorts International | $15.15 B |
| Wynn Resorts, Limited | $10.64 B |
Detailed Description
Marriott Vacations Worldwide Corporation, a vacation company, develops, markets, sells, and manages vacation ownership and related products. It operates through two segments, Vacation Ownership and Exchange & Third-Party Management. The company manages vacation ownership and related products under the Marriott Vacation Club, Grand Residences by Marriott, Sheraton Vacation Club, Westin Vacation Club, Hyatt Residence Club, and Marriott Vacation Club Pulse brands. It also develops, markets, and sells vacation ownership and related products under The Ritz-Carlton Destination Club brand; and holds right to develop, market, and sell ownership residential products under The Ritz-Carlton Residences brand. In addition, the company offers exchange networks and membership programs, as well as provision of management services to other resorts and lodging properties through various brands, including Interval International, Trading Places International, Vacation Resorts International, and Aqua-Aston. As of December 31, 2021, the company operated approximately 120 properties in the United States and thirteen other countries and territories. The company sells its upscale tier vacation ownership products primarily through a network of resort-based sales centers and off-site sales locations. Marriott Vacations Worldwide Corporation was founded in 1984 and is headquartered in Orlando, Florida.
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Stocks & Indices
Marriott Vacations Worldwide Corporation has the following listings and related stock indices.
Stock: NYSE: VAC wb_incandescent
Stock: FSX: M8V wb_incandescent
Stock: XETR: M8V wb_incandescent
Financials
Revenue: US$ 1.75 billion (2013)
Net income: US$ 80 million (2013)
Total assets: US$ 2.632 billion (2013)
Total equity: US$ 1.2 billion (2013)