
Marriott Vacations Worldwide Corporation
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Business profile
Marriott Vacations Worldwide Corporation is a leading global hospitality company specializing in vacation ownership, exchange, rental, and resort management. The company operates through two primary segments: Vacation Ownership and Exchange & Third-Party Management. Within its Vacation Ownership segment, Marriott Vacations Worldwide develops, markets, and sells a diverse portfolio of vacation ownership products under prestigious brands including Marriott Vacation Club, Sheraton Vacation Club, Westin Vacation Club, and Hyatt Vacation Club, as well as luxury offerings like Grand Residences by Marriott and The Ritz-Carlton Club. It also holds rights to develop and market whole ownership residential products under The Ritz-Carlton Residences brand and fractional ownership products under the St. Regis brand. The Exchange & Third-Party Management segment encompasses its Interval International and Aqua-Aston businesses, providing vacation exchange services and comprehensive management solutions for independent resorts and lodging properties. Complementing its core offerings, the company also provides financing for vacation ownership purchases and manages the rental of vacation ownership inventory. Marriott Vacations Worldwide primarily markets its upper upscale vacation ownership products through a network of on-site sales centers at its resorts and select off-site locations, leveraging its strong brand recognition and established customer base to drive growth in the dynamic travel and leisure industry.