Marriott Vacations Worldwide Corporation Common Stock (VAC)
Frequently Asked Questions About Marriott Vacations Worldwide Corporation Common Stock (VAC)
How can customers book a vacation with Marriott Vacations Worldwide?
Customers can easily book vacations with Marriott Vacations Worldwide through their website or mobile app. Owners can log in to access their account and utilize their ownership points to make reservations. Additionally, guests can browse available properties to book vacations as non-owners, taking advantage of special promotions and offers.
How does Marriott Vacations Worldwide facilitate customer support?
Marriott Vacations Worldwide offers comprehensive customer support through various channels, including a dedicated customer service team available via phone, email, and online chat. Their website also contains extensive resources, such as FAQs and guides, to help owners and guests navigate their vacation ownership experience.
How does Marriott Vacations Worldwide support sustainability?
Marriott Vacations Worldwide is committed to sustainability and responsible tourism practices. The company implements initiatives aimed at reducing its environmental impact, such as energy-efficient building designs, water conservation programs, and waste reduction strategies at its resorts. Additionally, the company engages in community service projects and supports local economies.
How does Marriott Vacations Worldwide's Points Program work?
Marriott Vacations Worldwide offers a unique Points Program that allows owners to convert their ownership week into points. Owners can use these points to book vacations not only at their home resort but also at other properties within the company’s portfolio or exchange them for stays at different resort brands through affiliated exchange programs, allowing for greater flexibility in vacation planning.
How has the COVID-19 pandemic impacted Marriott Vacations Worldwide?
The COVID-19 pandemic significantly impacted the travel and hospitality industry, including Marriott Vacations Worldwide. The company experienced temporary closures and reduced bookings during the height of the pandemic. However, as travel restrictions eased, demand for vacation ownership rebounded, along with the implementation of safety measures to ensure health and wellness for guests.
What are the benefits of vacation ownership with Marriott Vacations Worldwide?
Ownership with Marriott Vacations Worldwide provides a range of benefits, including access to a wide variety of resort destinations, flexible travel options, and the ability to trade points for vacations with partner resorts. Additionally, owners can enjoy consistent quality, excellent customer service, and special owner-only discounts and offers.
What are the key financial metrics for Marriott Vacations Worldwide?
Key financial metrics for Marriott Vacations Worldwide typically include revenue growth, net income, earnings per share, and occupancy rates at its resorts. Investors and analysts examine these metrics to assess the company’s financial health and performance in the competitive vacation ownership industry.
What demographic is most likely to invest in vacation ownership?
Vacation ownership typically appeals to families, couples, and retirees who seek to create lasting memories through annual vacations. The demographic often includes middle to upper-income individuals who value the convenience and advantages of having a designated vacation spot while enjoying the flexibility of various travel options.
What does Marriott Vacations Worldwide Corporation do?
Marriott Vacations Worldwide Corporation is a global vacation ownership company that specializes in providing vacation experiences through its portfolio of resort properties and recognizable brands. The company primarily focuses on the development, marketing, and management of vacation ownership resorts, enabling families and individuals to own vacation time at premier destinations around the world.
What is the future outlook for Marriott Vacations Worldwide?
The future outlook for Marriott Vacations Worldwide is cautiously optimistic as the company focuses on business recovery following the pandemic. With strong brand recognition, diverse offerings, and a commitment to enhancing the vacation experience for owners and guests, Marriott Vacations Worldwide aims to leverage market trends and consumer preferences to fuel growth and expansion.
What is the ownership structure of Marriott Vacations Worldwide?
Marriott Vacations Worldwide Corporation operates as a publicly traded company listed on the New York Stock Exchange under the symbol 'VAC'. Its ownership structure includes a mix of institutional investors, individual shareholders, and company insiders, with Marriott International, Inc. retaining a stake in the company.
What is vacation ownership?
Vacation ownership, often referred to as timeshare, is a real estate concept where multiple owners share the rights to a property, typically allowing them to use it for a specific period each year. Owners purchase a certain number of weeks or points, giving them access to various resorts and destinations, allowing for flexible vacation planning.
What opportunities does Marriott Vacations Worldwide provide for investors?
Investors interested in Marriott Vacations Worldwide can buy shares of the company's stock through public trading on the New York Stock Exchange. Investors are drawn to the company’s potential for growth, stable dividends, and its positioning within the lucrative vacation ownership market. Analysts often evaluate the company based on financial performance, market trends, and industry developments.
What recent developments has Marriott Vacations Worldwide announced?
In recent years, Marriott Vacations Worldwide has focused on expanding its portfolio through strategic acquisitions and partnerships. Notable developments include the acquisition of the Welk Resorts in late 2020, which added additional properties and vacation options to its offerings and reinforced its presence in the vacation ownership market.
What types of resorts does Marriott Vacations Worldwide offer?
Marriott Vacations Worldwide offers a variety of resort types, including beachfront properties, mountain cabins, and urban getaway locations. Their portfolio includes several well-known brands such as Marriott Vacation Club, The Ritz-Carlton Destination Club, and Grand Residences by Marriott, catering to diverse vacation preferences and experiences.
When was Marriott Vacations Worldwide Corporation founded?
Marriott Vacations Worldwide Corporation was founded in 1984 as a division of Marriott International, Inc. It has since grown into a standalone publicly traded company. In 2011, Marriott Vacations Worldwide was officially spun off into an independent company and began trading on the New York Stock Exchange under the ticker symbol 'VAC'.
Where are Marriott Vacations Worldwide resorts located?
Marriott Vacations Worldwide operates resorts in a wide range of locations across the United States and internationally. Their properties can be found in popular vacation destinations such as Hawaii, Florida, California, the Caribbean, and Europe, among many others, allowing owners and guests various options for their getaway plans.
Who are the major competitors of Marriott Vacations Worldwide?
Marriott Vacations Worldwide faces competition from several companies in the vacation ownership space, including Wyndham Destinations, Bluegreen Vacations, and Hilton Grand Vacations. These companies also offer timeshare opportunities and vacation rentals, providing consumers with various options for their travel and vacation preferences.
What is the current price of Marriott Vacations Worldwide Corporation Common Stock?
The current price of Marriott Vacations Worldwide Corporation Common Stock is 65.57
When was Marriott Vacations Worldwide Corporation Common Stock last traded?
The last trade of Marriott Vacations Worldwide Corporation Common Stock was at 4:10 pm EDT on April 2nd, 2025
What is the market capitalization of Marriott Vacations Worldwide Corporation Common Stock?
The market capitalization of Marriott Vacations Worldwide Corporation Common Stock is 2.80B
How many shares of Marriott Vacations Worldwide Corporation Common Stock are outstanding?
Marriott Vacations Worldwide Corporation Common Stock has 42.71M shares outstanding.