MARRIOTT VACATIONS WORLDWIDE Corp

Marriott Vacations Worldwide is a global vacation company offering vacation ownership, exchange, rental, and resort and property management, along with related businesses, products, and services. The company is the exclusive worldwide developer, marketer, seller, and manager of vacation ownership and related products under the Marriott Vacation Club, Grand Residences by Marriott, Sheraton Vacation Club, Westin Vacation Club, and Hyatt Vacation Club brands. It is also the exclusive worldwide developer, marketer, and seller of vacation ownership and related products under The Ritz-Carlton Club brand, and holds non-exclusive rights to develop, market, and sell whole ownership residential products under The Ritz-Carlton Residences brand. Additionally, the company has a license to use the St. Regis brand for specified fractional ownership products. Interval International, a high-quality vacation ownership exchange service provider, offers access to vacation experiences globally, including its affiliated resorts. The Aqua-Aston business provides management services for resorts, hotels, and other third-party vacation property owners. The company operates in two reportable segments: Vacation Ownership and Exchange & Third-Party Management. For 2025, the Vacation Ownership segment generated $4,805 million, representing 96% of total segment revenue, while the Exchange & Third-Party Management segment generated $213 million, representing 4% of total segment revenue. Total segment revenue for 2025 was $5,018 million. The vacation ownership industry allows customers to share ownership and use of fully-furnished vacation accommodations, typically through a real estate ownership interest (timeshare estate) or a contractual right-to-use interest (timeshare license) in a single resort or a collection of resort properties.