Marriott Vacations Worldwide (NYSE:VAC) (NYSE:VAC) is a vacation ownership and leisure travel company headquartered in Orlando, Florida. The company develops, markets, sells, and manages vacation ownership interests, commonly known as timeshare products, that provide customers with access to resort accommodations and related travel experiences.
Its portfolio includes Marriott Vacation Club, Sheraton Vacation Club, Westin Vacation Club, Grand Residences by Marriott, and Hyatt Vacation Club brands. The company also operates exchange and membership programs, including Abound by Marriott Vacations and Interval International, which enable members to exchange accommodations and access additional destinations and travel services. Its businesses also include resort management, rental operations, and hospitality-related services.
Marriott Vacations Worldwide was spun off from Marriott International in 2011. The company expanded its vacation ownership operations through the 2018 acquisition of ILG, which added Hyatt Vacation Ownership, Interval International, and other resort and travel businesses. It serves vacation owners and travelers across the United States, the Caribbean, Europe, and other international markets. John E. Geller has served as president and chief executive officer since 2021.
