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.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Hyatt Hotels

Marriott

Although the hotel occupancy rate is improving, it is below the pre-pandemic level. However, stocks like MAR, H and VAC are likely to benefit from a gradually improving occupancy and RevPAR.

3 Hotels & Motels Stocks to Buy in a Prospering Industry

Marriott Vacations is coming off of a stellar quarter and shows no signs of slowing down, due to its affluent customer base. The company has a great track record with dividends and repurchases, and investors do have some incentive to be patient with the stock.

Marriott Vacations: A Compelling Cyclical Play

Choice Hotels Int.

InterContinental Hotels Group

We have narrowed our search to five hotel stocks that have solid growth left for the rest of 2022. These are: MAR, VAC, H, CHH, IHG.

5 Hotel Stocks to Buy for a Prosperous Portfolio

Marriott (VAC) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Marriott (VAC) Upgraded to Strong Buy: Here's Why

Marriott Vacations (VAC) anticipates contract sales to grow double-digits on a year-over-year basis, backed by increased tours and strength in VPG's.

Solid Contract Sales Boosts Marriott Vacations (VAC) Prospects

The mean of analysts' price targets for Marriott (VAC) points to a 26% 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.

Wall Street Analysts Believe Marriott (VAC) Could Rally 26%: Here's is How to Trade

Marriott Vacations Worldwide Corporation (NYSE:VAC ) Q2 2022 Earnings Conference Call August 9, 2022 8:30 AM ET Company Participants Neal Goldner - VP, IR Steve Weisz - CEO John Geller - President Tony Terry - EVP & CFO Conference Call Participants Ben Chaiken - Credit Suisse Brandt Montour - Barclays Patrick Scholes - Truist Securities Chris Woronka - Deutsche Bank David Katz - Jefferies Operator Greetings, and welcome to Marriott Vacations Worldwide Second Quarter 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Marriott Vacations Worldwide Corporation's (VAC) CEO Steve Weisz on Q2 2022 Results - Earnings Call Transcript

Marriott Vacations' (VAC) second-quarter 2022 results benefited from robust vacation ownership revenues.

Marriott Vacations' (VAC) Q2 Earnings & Revenues Top Estimates

Marriott (VAC) delivered earnings and revenue surprises of 25.88% and 0.80%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Marriott Vacations Worldwide (VAC) Surpasses Q2 Earnings and Revenue Estimates

ORLANDO, Fla. , Aug. 8, 2022 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) (the "Company") reported second quarter 2022 financial results.

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

ORLANDO, Fla. , Aug. 1, 2022 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) ("the Company") today announced that its board of directors increased its prior authorization to repurchase common stock of the Company by $500 million.

Marriott Vacations Worldwide Corporation Announces Increased Share Repurchase Authorization

Acushnet Hlds

Nexstar Media Group

YUM! Brands

We have narrowed our search to five consumer discretionary stocks. These are: 2NXST, VAC, YUM, CHH and GOLF

5 Consumer Discretionary Stocks to Buy on Strong U.S. Demand

Awards recognize companies where employees are most satisfied and have growth opportunities ORLANDO, Fla. , July 5, 2022 /PRNewswire/ -- Marriott Vacations Worldwide (NYSE: VAC), a leader in leisure travel with a portfolio of trusted, globally recognized travel brands and vacation clubs, has been certified as a Most Loved Workplace® backed by Best Practice Institute and recognized as a Top Company to Grow a Career in Travel & Hospitality by LinkedIn.

Marriott Vacations Worldwide Certified as a Most Loved Workplace and Named a Top Company in Travel & Hospitality by LinkedIn

Innovative Industrial Properties

Shell PLC

If you are positioning yourself for the second half of 2022 and for 2023 we urge quality over quantity. While not all segments and industries are in peril, it is also true that not all companies within well-positioned groups will do well.

Three (3) Top-Rated Dividend Payers Worth Your Attention

Marriott (VAC) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Strength Seen in Marriott (VAC): Can Its 3.4% Jump Turn into More Strength?

Marriott Vacations (VAC) continues to benefit from robust occupancies. The company expects contract sales in the range of $1,775 million to $1,875 million.

Marriott Vacations (VAC) Raises 2022 View on Strong Occupancy

A Vacation Ownership Program Designed to Make Vacationing Even Better   ORLANDO, Fla. , June 16, 2022 /PRNewswire/ -- Marriott Vacations Worldwide (NYSE: VAC), a leader in leisure travel with a portfolio of trusted, globally-recognized travel brands and vacation clubs, is introducing Abound by Marriott Vacations™ ("Abound"), a new Owner benefit and exchange program set to debut this summer.

Introducing Abound by Marriott Vacations™

ORLANDO, Fla. , June 16, 2022 /PRNewswire/ -- In conjunction with its investor day, Marriott Vacations Worldwide Corporation (NYSE: VAC) (the "Company") is raising its full year guidance.

Marriott Vacations Worldwide ("MVW") Raises Full Year 2022 Guidance

Stephen P. Weisz to retire as Chief Executive Officer in December 2022 with John E. Geller named as incoming successor ORLANDO, Fla.

Marriott Vacations Worldwide Announces Chief Executive Officer Retirement and Succession Plan

Is it time to take another look at the travel sector?

1 Promising Dividend Stock in the Vacation Market

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

Marriott Vacations Worldwide (VAC) is a Top-Ranked Momentum Stock: Should You Buy?

ORLANDO, Fla. , May 19, 2022 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) ("MVW" or the "Company") announced today the completion of its first timeshare receivable securitization of 2022 (the "2022-1 securitization"), offered pursuant to Rule 144A and outside the United States in accordance with Regulation S under the Securities Act of 1933, as amended.

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

MIAMI , May 10, 2022 /PRNewswire/ -- Interval International, a leading worldwide provider of vacation services, has renewed its decades-long affiliation with industry-leading resort developer Westgate Resorts. Expanding on a relationship that began in 1991, the continuation of this long-standing affiliation includes 20 Westgate properties in premier travel destinations throughout the United States.

INTERVAL INTERNATIONAL AND WESTGATE RESORTS EXTEND 30-YEAR RELATIONSHIP

Marriott Vacations' (VAC) first-quarter top line benefits from solid vacation ownership business performance and an uptick in contract sales.

Marriott Vacations' (VAC) Q1 Earnings Top Estimates, Rise Y/Y

Marriott Vacations Worldwide Corporation (NYSE:VAC ) Q1 2022 Earnings Conference Call May 6, 2022 8:30 AM ET Company Participants Stephen Weisz - Chief Executive Officer John Geller - President Tony Terry - Executive Vice President, Chief Financial Officer Conference Call Participants Patrick Scholes - Truist Securities Ben Chaiken - Credit Suisse Chris Woronka - Deutsche Bank Operator Greetings and welcome to the Marriott Vacations Worldwide first quarter 2022 earnings call. At this time, all participants are in a listen-only mode.

News for Marriott Vacations Worldwide Stock (VAC)