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ORLANDO, Fla.--(BUSINESS WIRE)--Marriott Vacations Worldwide Corporation (NYSE: VAC) today announced its Board of Directors authorized a quarterly cash dividend of $0.79 per share of common stock, an increase of 4% over the Company's prior dividend. “The dividend increase reflects our confidence in our leisure focused business strategy and growth potential, and upholds our continued commitment ...
U.S.-based travel companies, from Marriott International to Booking Holdings . are trimming their budgets and workforce ahead of next year as falling leisure travel demand from lower-income travelers hits top-line growth.
ORLANDO, Fla.--(BUSINESS WIRE)--Marriott Vacations Worldwide Corporation (NYSE: VAC) (the “Company”) today announced that Scott Weisz has been promoted to Executive Vice President, Strategic Business Operations at the Company. As a member of the Company's Executive Committee, Weisz now reports directly to John Geller, President and Chief Executive Officer. In his role, Weisz will lead the enter...
ORLANDO, Fla.--(BUSINESS WIRE)--Marriott Vacations Worldwide Corporation (NYSE: VAC) (“MVW,” the “Company,” “we” or “our”) reported third quarter 2024 financial results. Third Quarter 2024 Highlights Consolidated Vacation Ownership contract sales increased 5% compared to the third quarter of 2023 to $459 million. Net income attributable to common stockholders was $84 million and fully diluted e...
ORLANDO, Fla.--(BUSINESS WIRE)--Marriott Vacations Worldwide Corporation (NYSE: VAC) (“MVW” or the “Company”) announced today the completion of a $445 million securitization of vacation ownership loans, offered to qualified institutional buyers in the United States pursuant to Rule 144A and outside the United States in accordance with Regulation S under the Securities Act of 1933, as amended. T...
MIAMI--(BUSINESS WIRE)--Interval International, a leading travel membership company, has welcomed six luxurious all-inclusive resorts within the Blue Diamond Resorts (BDR) portfolio to its global exchange network. With exquisite beachfront locations in Mexico and the Dominican Republic, Interval International members now have access to these unique properties. Resorts include Royalton CHIC Canc...
ORLANDO, Fla.--(BUSINESS WIRE)--Marriott Vacations Worldwide Corporation (NYSE: VAC) today announced its Board of Directors authorized a quarterly cash dividend of $0.76 per share of common stock. The dividend is payable on or around October 3, 2024, to stockholders of record as of the close of business on September 19, 2024. About Marriott Vacations Worldwide Corporation Marriott Vacations Wor...
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