Marriott Vacations Worldwide Corp (N:VAC)
Business Focus: Hotels, Motels & Cruise Lines
Apr 11, 2024 09:00 am ET
Marriott Vacations Worldwide Corporation Announces First Quarter Earnings Release and Conference Call
Marriott Vacations Worldwide Corporation (NYSE: VAC) will report financial results for the first quarter 2024 after the market closes on Monday, May 6. A conference call will follow at 8:30 a.m. ET on Tuesday, May 7 to discuss the Company’s results.
Mar 28, 2024 08:30 am ET
The Marriott Vacation Clubs™ Announces Expanding City Collection With New Waikiki Property Now Open for Booking
The Marriott Vacation Clubs™, a portfolio of vacation ownership brands operated by Marriott Vacations Worldwide (NYSE: VAC), understands there is a difference between visiting a city and seeing it
Mar 14, 2024 12:47 pm ET
Marriott Vacations Worldwide Completes $430 Million Term Securitization
Marriott Vacations Worldwide Corporation (NYSE: VAC) (“MVW” or the “Company”) announced today the completion of a $430 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. The notes were issued by MVW 2024-1 LLC (the “Issuer”). The notes have a blended interest rate of 5.48% and the gross advance rate was 98%.
Feb 29, 2024 09:00 am ET
Marriott Vacations Worldwide to Participate in J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum
Marriott Vacations Worldwide Corporation (NYSE: VAC) today announced that John Geller, President and Chief Executive Officer, and Jason Marino, Executive Vice President and Chief Financial Officer, will participate in a live fireside chat at the 2024 J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum in Las Vegas, Nevada on Thursday, March 14, at 3:50 p.m. PDT.
Feb 21, 2024 04:34 pm ET
Marriott Vacations Worldwide Reports Fourth Quarter and Full Year 2023 Financial Results
Marriott Vacations Worldwide Corporation (NYSE: VAC) (“MVW” or the “Company”) reported financial results for the fourth quarter and full year 2023 and provided guidance for full year 2024.
Feb 15, 2024 06:03 pm ET
Marriott Vacations Worldwide Corporation Announces Quarterly Cash Dividend
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.
Feb 01, 2024 09:06 am ET
Marriott Vacations Worldwide Named Among Fortune’s World’s Most Admired Companies
Marriott Vacations Worldwide Corporation (NYSE: VAC) (“MVW” or the “Company”) announces that for the first time, Fortune has named the Company among its 26th annual World’s Most Admired Companies list for 2024. Companies that enjoy the strongest reputations within their industries and across industries are considered for the list.
Jan 24, 2024 09:00 am ET
Marriott Vacations Worldwide Corporation Announces Fourth Quarter Earnings Release and Conference Call
Marriott Vacations Worldwide Corporation (NYSE: VAC) will report financial results for the fourth quarter 2023 after the market closes on Wednesday, February 21. A conference call will follow at 8:30 a.m. ET on Thursday, February 22, to discuss the Company's results.
Dec 14, 2023 09:00 am ET
Marriott Vacations Worldwide Announces New Executive Roles to Support Future Growth
Marriott Vacations Worldwide Corporation (NYSE: VAC) (“MVW” or the “Company”) announces today a new organizational structure aimed at driving long-term, sustainable growth across its vacation ownership business, exchange and third-party management segment and future travel-related products and services.
Dec 11, 2023 04:31 pm ET
Marriott Vacations Worldwide Appoints Mary E. Galligan to Board of Directors
Marriott Vacations Worldwide Corporation (NYSE: VAC) (“MVW” or the “Company”) announced today the appointment of Mary E. Galligan to its Board of Directors effective January 1, 2024. Ms. Galligan joins the MVW Board following a 35-year career in technology and cybersecurity, government relations and risk management.
Dec 07, 2023 04:46 pm ET
Marriott Vacations Worldwide Corporation Announces Quarterly Cash Dividend
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, an increase of more than 5% over the Company’s prior dividend.
Nov 21, 2023 09:30 am ET
Marriott Vacations Worldwide Corporation to Present at the Barclays Eat, Sleep, Play Conference
Marriott Vacations Worldwide Corporation (NYSE: VAC) announced today that John Geller, President and Chief Executive Officer, and Jason Marino, Executive Vice President and Chief Financial Officer, will host a fireside chat session at the Barclays Eat, Sleep, Play Conference on November 28, 2023 at 10:15 a.m. ET.
Nov 16, 2023 12:20 pm ET
Marriott Vacations Worldwide Completes $450 Million Term Securitization
Marriott Vacations Worldwide Corporation (NYSE: VAC) (“MVW” or the “Company”) announced today the completion of a $450 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. The notes were issued by MVW 2023-2 LLC (the “Issuer”). The notes have a blended interest rate of 6.49% and the gross advance rate was 98%.
Nov 01, 2023 04:30 pm ET
Marriott Vacations Worldwide Reports Third Quarter 2023 Financial Results
Marriott Vacations Worldwide Corporation (NYSE: VAC) (“MVW” or the “Company”) reported third quarter 2023 financial results.
Oct 12, 2023 08:00 am ET
Marriott Vacations Worldwide Corporation Announces Third Quarter Earnings Release and Conference Call
Marriott Vacations Worldwide Corporation (NYSE: VAC) will report third quarter 2023 financial results after the market closes on Wednesday, November 1. A conference call will follow at 8:30 a.m. ET on Thursday, November 2, to discuss the Company's results.
Sep 25, 2023 07:30 am ET
Phillips Edison & Company Announces Appointment of Anthony “Tony” Terry to Board of Directors
Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation’s largest owners and operators of grocery-anchored neighborhood shopping centers, today announced that its Board of Directors (the “Board”) has appointed...
Sep 20, 2023 09:25 am ET
Marriott Vacations Worldwide Ranked No. 1 on Newsweek’s List of the Top 100 Most Loved Workplaces for 2023
Newsweek today announced Marriott Vacations Worldwide, a leader in leisure travel with a portfolio of trusted, globally recognized travel brands and vacation clubs, has been ranked first on
Sep 07, 2023 09:30 am ET
Marriott Vacations Worldwide Corporation Announces Quarterly Cash Dividend
Marriott Vacations Worldwide Corporation (NYSE: VAC) today announced its Board of Directors authorized a quarterly cash dividend of $0.72 per share of common stock.
Aug 31, 2023 09:57 am ET
Marriott Vacations Worldwide Provides Update on Impact of Maui Wildfires
Marriott Vacations Worldwide Corporation (NYSE: VAC) (“MVW” or the “Company”) provided an update today on the anticipated business impact of the Maui wildfires on its operations and financial results. The Company operates four vacation ownership resorts and sales centers in West Maui representing more than 10% of its annual contract sales. In addition, its Aqua-Aston Hospitality property management business manages five properties in West Maui.
Aug 24, 2023 10:00 am ET
Hyatt Vacation Club Launches Giving Owners and Guests the Opportunity to Rediscover the Power of Vacations
Hyatt Vacation Club, a rebranded offering of enhanced vacation experiences, launched across 22 branded resorts and with vacation options around the globe. Hyatt Vacation Club, a
Aug 02, 2023 04:15 pm ET
Marriott Vacations Worldwide (“MVW”) Reports Second Quarter 2023 Financial Results
Marriott Vacations Worldwide Corporation (NYSE: VAC) (the “Company”) reported second quarter 2023 financial results.
Jul 25, 2023 08:30 am ET
Marriott Vacations Worldwide Appoints Jason Marino as Chief Financial Officer
Marriott Vacations Worldwide Corporation (NYSE: VAC) (the “Company”) today announced Jason Marino has been named Executive Vice President and Chief Financial Officer effective September 30. He will succeed Anthony “Tony” Terry, who announced his intent to retire from the Company earlier this year.
Jul 13, 2023 08:00 am ET
Marriott Vacations Worldwide Corporation Announces Second Quarter Earnings Release and Conference Call
Marriott Vacations Worldwide Corporation (NYSE: VAC) will report second quarter 2023 financial results after the market closes on Wednesday, August 2. A conference call will follow at 8:30 a.m. ET on Thursday, August 3, to discuss the Company's results.
Jul 06, 2023 09:30 am ET
Marriott Vacations Worldwide Names Raman Bukkapatnam to its Executive Leadership Team as Chief Information Officer
Marriott Vacations Worldwide Corporation (NYSE: VAC) (the "Company") today announced that Raman Bukkapatnam will join the Company as Chief Information Officer, effective July 10, 2023. As a member of the Company’s Executive Committee, Bukkapatnam will report directly to John Geller, President and Chief Executive Officer. In his role, Bukkapatnam will be responsible for leading the enterprise’s global technology strategy, transformation, and modernization.
Jun 08, 2023 09:19 am ET
Marriott Vacations Worldwide Certified as a Most Loved Workplace and Ranked a Best Company to Work For by U.S. News & World Report
Marriott Vacations Worldwide (NYSE: VAC), a leader in leisure travel with a portfolio of trusted, globally-recognized travel brands, is proud to announce it has been certified as a Most Loved Workplace® backed by Best Practice Institute for the second year in a row and recognized by U.S. News & World Report among its inaugural 200 Best Companies to Work For.
May 11, 2023 04:54 pm ET
Marriott Vacations Worldwide Corporation Announces Increased Share Repurchase Authorization and Quarterly Cash Dividend
Marriott Vacations Worldwide Corporation (NYSE: VAC) (the "Company") today announced that its Board of Directors increased its share repurchase authorization and declared a quarterly dividend.
May 10, 2023 08:00 am ET
Marriott Vacations Worldwide Announces Planned Retirement of Chief Financial Officer
Marriott Vacations Worldwide Corporation (NYSE: VAC) (the “Company") today announced that Executive Vice President and Chief Financial Officer Anthony “Tony” Terry has decided to retire later this year. The Company is conducting a search for his successor. Mr. Terry plans to stay on as CFO until the role has been filled and the transition period is complete later this year.
May 03, 2023 04:15 pm ET
Marriott Vacations Worldwide (“MVW”) Reports First Quarter 2023 Financial Results
Marriott Vacations Worldwide Corporation (NYSE: VAC) (the “Company”) reported first quarter 2023 financial results.
Apr 21, 2023 12:10 pm ET
Marriott Vacations Worldwide Recognized with Awards at ARDA Spring Conference 2023
Marriott Vacations Worldwide Corporation (NYSE: VAC), a leader in leisure travel with a portfolio of trusted, globally-recognized travel brands, is proud to announce it has been honored with 11 awards by the American Resort Development Association (ARDA), a nonprofit trade association that advocates for the timeshare industry.
Apr 13, 2023 11:14 am ET
Marriott Vacations Worldwide Completes First Securitization of Vacation Ownership Loans in 2023
Marriott Vacations Worldwide Corporation (NYSE: VAC) (“MVW” or the “Company”) announced today the completion of its first timeshare receivable securitization of 2023 (the “2023-1 Securitization”), offered pursuant to Rule 144A and outside the United States in accordance with Regulation S under the Securities Act of 1933, as amended. $380 million of notes (the “Notes”) were issued in the transaction, backed by a pool of approximately $388 million of vacation ownership loans from a variety of the Company’s timeshare brands. The transaction was structured with a gross advance rate of 98% and a we
Apr 12, 2023 08:00 am ET
Marriott Vacations Worldwide Corporation Announces First Quarter Earnings Release and Conference Call
Marriott Vacations Worldwide Corporation (NYSE: VAC) will report financial results for the first quarter 2023 after the market closes on Wednesday, May 3. A conference call will follow at 8:30 a.m. ET on Thursday, May 4, to discuss the Company's results.
Apr 11, 2023 09:01 am ET
Marriott Vacations Worldwide Introduces The Marriott Vacation Clubs™ Vacation Ownership Portfolio
The rebranded portfolio brings together the signature vacation ownership brands Marriott Vacation Club®, Sheraton® Vacation Club, and Westin® Vacation Club under one name
Feb 22, 2023 04:15 pm ET
Marriott Vacations Worldwide (“MVW”) Reports Fourth Quarter and Full Year 2022 Financial Results and Provides 2023 Outlook
Marriott Vacations Worldwide Corporation (NYSE: VAC) (the “Company”) reported financial results for the fourth quarter and full year 2022 and provided guidance for full year 2023.
Feb 16, 2023 08:30 pm ET
Marriott Vacations Worldwide Corporation Announces Quarterly Cash Dividend
Marriott Vacations Worldwide Corporation (NYSE: VAC) today announced its Board of Directors authorized a quarterly cash dividend of $0.72 per share of common stock.
Jan 18, 2023 08:00 am ET
Marriott Vacations Worldwide Corporation Announces Fourth Quarter Earnings Release and Conference Call
Marriott Vacations Worldwide Corporation (NYSE: VAC) will report financial results for the fourth quarter 2022 after the market closes on Wednesday, February 22. A conference call will follow at 8:30 a.m. ET on Thursday, February 23, to discuss the Company's results.
Jan 05, 2023 09:02 am ET
Marriott Vacations Worldwide Adds Stephanie Sobeck Butera to its Executive Leadership Team With Her Promotion to Executive Vice President & Chief Operating Officer of Hyatt Vacation Ownership
Marriott Vacations Worldwide Corporation (NYSE: VAC) (“MVW” or the “Company”) today announced the promotion of Stephanie Sobeck Butera to the position of Executive Vice President and Chief Operating Officer of Hyatt Vacation Ownership (HVO). Ms. Butera has spent nearly 25 years in the industry developing, operating, and leading mid and upscale leisure products and customer service strategies. Over the course of her career with the Company, Ms. Butera has held leadership roles across sales operations, development, asset management, customer service, inventory management, and financial planning.
Dec 13, 2022 11:23 am ET
Marriott Vacations Worldwide Creates Endowed Scholarship to Support Future Generations of Leaders at University of Central Florida Rosen College of Hospitality Management
Marriott Vacations Worldwide (NYSE: VAC), a leader in leisure travel with a portfolio of trusted, globally recognized travel brands, is partnering with the University of Central Florida (UCF) to support generations of hospitality students. Marriott Vacations Worldwide (MVW) has established The Stephen P. Weisz Endowed Scholarship for Hospitality Management, which will support students at the UCF Rosen College of Hospitality Management. The endowment is being made in honor of the chief executive officer’s legacy and timed with his upcoming retirement at the end of 2022 following five decades of
Dec 13, 2022 10:55 am ET
Marriott Vacations Worldwide Creates Endowed Scholarship to Support Future Generations of Leaders at University of Central Florida Rosen College of Hospitality Management
Marriott Vacations Worldwide (NYSE: VAC), a leader in leisure travel with a portfolio of trusted, globally recognized travel brands, is partnering with the University of Central Florida (UCF) to support generations of hospitality students. Marriott Vacations Worldwide (MVW) has established The Stephen P. Weisz Endowed Scholarship for Hospitality Management, which will support students at the UCF Rosen College of Hospitality Management. The endowment is being made in honor of the chief executive officer’s legacy and timed with his upcoming retirement at the end of 2022 following five decades of
Dec 05, 2022 10:05 pm ET
Marriott Vacations Worldwide Announces Pricing of Convertible Senior Notes
Marriott Vacations Worldwide Corporation (NYSE: VAC) (the “Company,” “we,” “us” or “our”) announced today the pricing of the offering of $500 million in aggregate principal amount of 3.25% convertible senior notes due 2027 (the “Notes”) in a private offering (the “Offering”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The Company also granted to the initial purchasers of the Notes (the “Initial Purchasers”) an option to purchase up to an additional $75 million aggregate principal
Dec 05, 2022 07:13 am ET
Marriott Vacations Worldwide Announces Offering of Convertible Senior Notes
Marriott Vacations Worldwide Corporation (NYSE: VAC) (the “Company,” “we” or “our”) announced today that it intends to offer, subject to market and other conditions, $500 million in aggregate principal amount of convertible senior notes due 2027 (the “Notes”) in a private offering (the “Offering”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The Company also intends to grant to the initial purchasers of the Notes (the “Initial Purchasers”) an option to purchase up to an additional
Dec 01, 2022 04:33 pm ET
Marriott Vacations Worldwide Corporation Announces Increased Quarterly Cash Dividend
Marriott Vacations Worldwide Corporation (NYSE: VAC) today announced its Board of Directors authorized a quarterly cash dividend of $0.72 per share of common stock, an increase of 16% over the Company’s prior dividend.
Nov 10, 2022 08:30 am ET
Marriott Vacation Club Opens Newest Resort, Marriott’s Bali Nusa Dua Terrace
Marriott Vacation Club — a global industry leader in Vacation Ownership and brand of Marriott Vacations Worldwide (NYSE: VAC) — announced today they have officially opened Marriott’s Bali Nusa Dua Terrace. The brand’s second vacation ownership property in Bali is perched in the hills of the island’s southernmost region, roughly 20 minutes away from the airport and near the area’s most popular beaches and cultural sites.
Nov 03, 2022 12:56 pm ET
Marriott Vacations Worldwide Completes Second Securitization of Vacation Ownership Loans in 2022
ORLANDO, Nov. 3, 2022 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) ("MVW" or the "Company") announced today the completion of its second timeshare receivable securitization of 2022 (the "2022-2 securitization"), offered pursuant to Rule 144A and outside the United States in accordance with Regulation S under the Securities Act of 1933, as amended. $280 million of notes (the "Notes") were issued in the transaction, backed by a pool of approximately $286 million of vacation ownership loans from a variety of the Company's timeshare brands.
Oct 31, 2022 04:15 pm ET
Marriott Vacations Worldwide ("MVW") Reports Third Quarter 2022 Financial Results
ORLANDO, Fla., Oct. 31, 2022 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) (the "Company") reported third quarter 2022 financial results.
Oct 06, 2022 11:19 am ET
Marriott Vacations Worldwide Named to Newsweek's List of the Top 100 Most Loved Workplaces for 2022
Recognized as No. 4 among 100 U.S. companies for employee sentiment and satisfaction
Oct 04, 2022 08:30 am ET
Marriott Vacations Worldwide Corporation Announces Third Quarter Earnings Release and Conference Call
ORLANDO, Fla., Oct. 4, 2022 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) will report financial results for the third quarter 2022 after the market closes on Monday, October 31, 2022. A conference call will follow at 8:30 a.m. ET on Tuesday, November 1, to discuss the company's results.
Sep 19, 2022 01:11 pm ET
INTERVAL INTERNATIONAL WELCOMES CLUB MUNDO IMPERIAL AND THREE LANDMARK ACAPULCO PROPERTIES TO ITS EXCHANGE NETWORK
MIAMI, Sept. 19, 2022 /PRNewswire/ -- Interval International, a leading worldwide provider of vacation services, and Mundo Imperial Entertainment & Hospitality, an innovator in travel, convention and entertainment destinations and subsidiary of Grupo Autofin Mexico, have announced the long-term affiliation of Club Imperial and three iconic properties in Acapulco to Interval's global resort network.
Sep 09, 2022 08:05 am ET
Marriott Vacations Worldwide Corporation Announces Quarterly Cash Dividend
ORLANDO, Fla., Sept. 9, 2022 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) (the "Company") today announced its board of directors authorized a quarterly cash dividend of $0.62 per share of common stock. The dividend is payable on or around October 6, 2022 (the "Payment Date") to shareholders of record as of the close of business on September 22, 2022 (the "Record Date").
Sep 08, 2022 01:48 pm ET
BRANSON'S NANTUCKET, LLC SELECTS INTERVAL INTERNATIONAL AS EXCLUSIVE EXCHANGE PROVIDER
MIAMI, Sept. 8, 2022 /PRNewswire/ -- – Interval International, a leading worldwide provider of vacation services, has announced its agreement with Branson's Nantucket, LLC to welcome two luxury waterfront resorts to its global exchange network. The long-term affiliation includes Branson's Nantucket Villas and Tower in Branson, Missouri and a nearby development that is currently under construction.
Aug 08, 2022 04:15 pm ET
Marriott Vacations Worldwide ("MVW") Reports Second Quarter 2022 Financial Results
ORLANDO, Fla., Aug. 8, 2022 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) (the "Company") reported second quarter 2022 financial results.
Aug 01, 2022 08:45 am ET
Marriott Vacations Worldwide Corporation Announces Increased Share Repurchase Authorization
ORLANDO, Fla., Aug. 1, 2022 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) ("the Company") today announced that its board of directors increased its prior authorization to repurchase common stock of the Company by $500 million.
Jul 12, 2022 08:30 am ET
Marriott Vacations Worldwide Corporation Announces Second Quarter Earnings Release and Conference Call
ORLANDO, Fla., July 12, 2022 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) will report financial results for the second quarter 2022 after the market closes on Monday, August 8, 2022. A conference call will follow at 8:30 a.m. ET on Tuesday, August 9, to discuss the company's results.
Jun 16, 2022 09:00 am ET
Introducing Abound by Marriott Vacations™
A Vacation Ownership Program Designed to Make Vacationing Even Better
Jun 16, 2022 08:00 am ET
Marriott Vacations Worldwide ("MVW") Raises Full Year 2022 Guidance
ORLANDO, Fla., June 16, 2022 /PRNewswire/ -- In conjunction with its investor day, Marriott Vacations Worldwide Corporation (NYSE: VAC) (the "Company") is raising its full year guidance.
Jun 09, 2022 09:08 am ET
Marriott Vacations Worldwide Announces Chief Executive Officer Retirement and Succession Plan
Stephen P. Weisz to retire as Chief Executive Officer in December 2022 with John E. Geller named as incoming successor
May 19, 2022 12:15 pm ET
Marriott Vacations Worldwide Completes First Securitization of Vacation Ownership Loans in 2022
ORLANDO, Fla., May 19, 2022 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) ("MVW" or the "Company") announced today the completion of its first timeshare receivable securitization of 2022 (the "2022-1 securitization"), offered pursuant to Rule 144A and outside the United States in accordance with Regulation S under the Securities Act of 1933, as amended. $375 million of notes (the "Notes") were issued in the transaction, backed by a pool of approximately $383 million of vacation ownership loans from all of the Company's timeshare brands. The overall weighted average int
May 13, 2022 08:30 am ET
Marriott Vacations Worldwide Corporation Announces Quarterly Cash Dividend
ORLANDO, Fla., May 13, 2022 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) (the "Company") today announced its board of directors authorized a quarterly cash dividend of $0.62 per share of common stock. The dividend is payable on or around June 9, 2022 (the "Payment Date") to shareholders of record as of the close of business on May 26, 2022 (the "Record Date").
May 10, 2022 11:49 am ET
INTERVAL INTERNATIONAL AND WESTGATE RESORTS EXTEND 30-YEAR RELATIONSHIP
MIAMI, May 10, 2022 /PRNewswire/ -- Interval International, a leading worldwide provider of vacation services, has renewed its decades-long affiliation with industry-leading resort developer Westgate Resorts. Expanding on a relationship that began in 1991, the continuation of this long-standing affiliation includes 20 Westgate properties in premier travel destinations throughout the United States.
May 05, 2022 04:30 pm ET
Marriott Vacations Worldwide ("MVW") Reports First Quarter 2022 Financial Results
ORLANDO, Fla., May 5, 2022 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) (the "Company") reported first quarter 2022 financial results.
Apr 21, 2022 12:45 pm ET
INTERVAL INTERNATIONAL RENEWS LONG-TERM AGREEMENT WITH LEADING CARIBBEAN VACATION OWNERSHIP RESORT - DAWN BEACH CLUB
MIAMI, April 21, 2022 /PRNewswire/ -- Interval International, a leading worldwide provider of vacation services, and Babitbay Beach Development Corporation, B.V., have signed an agreement to renew an affiliation first established in 2009 with Dawn Beach Club in St. Maarten, Netherlands Antilles. The multi-year contract provides Dawn Beach Club members with access to Interval's numerous vacation exchange benefits and upgraded services.
Apr 05, 2022 08:30 am ET
Marriott Vacations Worldwide Corporation Announces First Quarter Earnings Release and Conference Call
ORLANDO, Fla., April 5, 2022 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) will report financial results for the first quarter 2022 after the market closes on Thursday, May 5, 2022. A conference call will follow at 8:30 a.m. ET on Friday, May 6, to discuss the company's results.
Feb 25, 2022 12:12 pm ET
GRUPO EL CID RESORTS AND INTERVAL INTERNATIONAL ANNOUNCE MULTI-SITE AFFILIATION TO OFFER EL CID VACATIONS CLUB OWNERS MORE VALUE AND FLEXIBILITY
MIAMI, Feb. 25, 2022 /PRNewswire/ -- Interval International, a leading worldwide provider of vacation services, and GRUPE SAB. de C.V., the holding company for Grupo El Cid Resorts, today announced a new affiliation agreement. The multi-site agreement includes five existing resorts that are part of El Cid Vacations Club, as well as any future resorts developed or acquired during the term of the agreement. The properties are situated in Mazatlán and Puerto Morelos-Riviera Maya, two of Mexico's most popular beachfront vacation destinations.
Feb 24, 2022 12:20 pm ET
Marriott Vacations Worldwide becomes national Make-A-Wish sponsor to give wish families special vacation experiences
ORLANDO, Fla., Feb. 24, 2022 /PRNewswire/ -- Marriott Vacations Worldwide (NYSE: VAC) is partnering with Make-A-Wish as the newest national sponsor to help grant life-changing wishes for children with critical illnesses. As part of this new sponsorship, wish kids and families will be able to enjoy unique and beautiful villa accommodations and memorable vacation experiences at select Vacation Club properties.
Feb 23, 2022 03:30 pm ET
Marriott Vacations Worldwide ("MVW") Reports Fourth Quarter and Full Year 2021 Financial Results and Provides 2022 Outlook
ORLANDO, Fla., Feb. 23, 2022 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) (the "Company") reported financial results for the fourth quarter and full year 2021 and provided guidance for full year 2022.
Feb 22, 2022 07:45 am ET
Marriott Vacations Worldwide Corporation Announces Increased Quarterly Cash Dividend and Increase in Share Repurchase Authorization
ORLANDO, Fla., Feb. 22, 2022 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) today announced its board of directors authorized a quarterly cash dividend of $0.62 per share of common stock, an increase of 15% over the company's prior dividend. The dividend is payable on or around March 17, 2022 (the "Payment Date") to shareholders of record as of the close of business on March 3, 2022 (the "Record Date").
Feb 02, 2022 12:30 pm ET
INTERVAL INTERNATIONAL WELCOMES WELK RESORTS TO ITS GLOBAL NETWORK
MIAMI, Feb. 2, 2022 /PRNewswire/ -- Interval International, a leading worldwide provider of vacation services, welcomes eight upper-upscale Welk Resorts properties in several highly sought-after vacation destinations – California, Colorado, Missouri, and Cabo San Lucas, Mexico. More than 39,000 Welk Owners have become Interval International members with access to several exciting travel and leisure benefits, including the ability to exchange their vacation points for stays at resorts in Interval's network of more than 3,200 affiliated properties around the globe.
Dec 10, 2021 07:16 am ET
Marriott Vacations Worldwide Corporation Announces Quarterly Cash Dividend
ORLANDO, Fla., Dec. 10, 2021 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) today announced its board of directors authorized a quarterly cash dividend of $0.54 per share of common stock. The dividend is payable on or around January 6, 2022 (the "Payment Date") to shareholders of record as of the close of business on December 23, 2021 (the "Record Date").
Dec 06, 2021 04:38 pm ET
Disney Vacation Club And Interval International Announce New Affiliation Agreement
MIAMI, Dec. 6, 2021 /PRNewswire/ -- Disney Vacation Development, Inc. - the developer of Disney's vacation ownership program, Disney Vacation Club - and Interval International, a leading provider of vacation services, have signed an agreement to affiliate 15 Disney Vacation Club resorts in Florida, California, Hawai'i, and South Carolina. The agreement reinstates a relationship that was first established in 1995.
Nov 18, 2021 01:27 pm ET
Marriott Vacations Worldwide Completes Second Securitization of Vacation Ownership Loans in 2021
ORLANDO, Fla., Nov. 18, 2021 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) ("MVW" or the "Company") announced today the completion of its second timeshare receivable securitization of 2021, offered pursuant to Rule 144A and outside the United States in accordance with Regulation S under the Securities Act of 1933, as amended. $425 million of notes (the "Notes") were issued in the transaction, backed by a pool of approximately $434 million of vacation ownership loans from all of the Company's timeshare brands. The overall weighted average interest rate of the Notes is 1
Nov 17, 2021 09:19 am ET
Marriott Vacations Worldwide Named Kincentric Best Employer
ORLANDO, Fla., Nov. 17, 2021 /PRNewswire/ -- Marriott Vacations Worldwide (NYSE: VAC) has been recognized as a 2021 Best Employer in seven countries by Kincentric including Aruba, France, Indonesia, Ireland, Mexico, the United Kingdom, and the United States. The certification recognizes employer excellence by evaluating employee opinions to measure effective leadership, talent focus, organizational agility, and employee engagement.
Nov 08, 2021 05:00 am ET
Marriott Vacations Worldwide ("MVW") Reports Third Quarter 2021 Financial Results
ORLANDO, Fla., November 8, 2021 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) today reported third quarter 2021 financial results.
Nov 04, 2021 09:00 am ET
Marriott Vacations Worldwide Appoints Jonice Gray Tucker to Board of Directors
ORLANDO, Fla., Nov. 4, 2021 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) announces the appointment of Jonice Gray Tucker to its board of directors effective November 2, 2021. Ms. Tucker is a founding partner and governing board member of Buckley LLP, a law firm offering premier enforcement, litigation, compliance, regulatory and transactional services to financial services institutions and early stage and leading fintech and technology companies. The addition of Ms. Tucker brings the number of Marriott Vacations Worldwide Board members to 11.
Oct 13, 2021 09:00 am ET
Marriott Vacations Worldwide Adds to its Executive Leadership Team and Announces the Promotion of Anthony "Tony" Terry to the position of chief financial officer
ORLANDO, Fla., Oct. 13, 2021 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) announces the promotion of Anthony "Tony" Terry to the position of executive vice president and chief financial officer effective October 16. Mr. Terry is a 25-year veteran of the company with deep experience across financial accounting, financial analysis, organizational optimization, and strategic planning and analysis. This appointment demonstrates a continued commitment to leadership development and thoughtful succession planning. As part of this appointment, Mr. Terry will report to John E.
Oct 07, 2021 08:30 am ET
Marriott Vacations Worldwide Corporation Announces Third Quarter Earnings Release and Conference Call
ORLANDO, Fla., Oct. 7, 2021 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) will report financial results for the third quarter 2021 before the market opens on November 8, 2021, followed by a conference call at 8:30 a.m. ET.
Sep 13, 2021 07:00 am ET
Marriott Vacations Worldwide Provides Updated Outlook for Third Quarter 2021
ORLANDO, Fla., Sept. 13, 2021 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) ("MVW") is updating its outlook for its third quarter 2021 results in conjunction with its participation at the J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum today.
Sep 01, 2021 07:00 am ET
Marriott Vacations Worldwide Corporation to Present at the J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum
ORLANDO, Fla., Sept. 1, 2021 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) announced today that Stephen P. Weisz, chief executive officer, and John Geller, president and chief financial officer, will host a fireside chat session at the J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum on Monday, September 13, 2021 at 2:10 p.m. ET.
Jul 28, 2021 04:15 pm ET
Marriott Vacations Worldwide ("MVW") Reports Second Quarter 2021 Financial Results
ORLANDO, Fla., July 28, 2021 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) today reported second quarter 2021 financial results.
Jul 13, 2021 08:30 am ET
Marriott Vacations Worldwide Corporation Announces Second Quarter Earnings Release and Conference Call
ORLANDO, Fla., July 13, 2021 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) will report financial results for the second quarter 2021 after the market closes on Wednesday, July 28, 2021. A conference call is scheduled to follow at 8:30 a.m. ET on Thursday, July 29, 2021 to discuss the company's results.
Jun 23, 2021 07:00 am ET
Marriott Vacations Worldwide Corporation Provides Updated Outlook for Second Quarter 2021
ORLANDO, Fla., June 23, 2021 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) is updating its outlook for its second quarter 2021 results in conjunction with its participation at the Jefferies Virtual Consumer Conference today.
Jun 10, 2021 08:30 am ET
Marriott Vacations Worldwide Corporation to Present at the Jefferies Virtual Consumer Conference
ORLANDO, Fla., June 10, 2021 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) announced today that Stephen P. Weisz, chief executive officer, and John Geller, president and chief financial officer, will host a fireside chat session at the Jefferies Virtual Consumer Conference on Wednesday, June 23, 2021 at 9:10 a.m. ET.
Feb 24, 2021 03:15 pm ET
Marriott Vacations Worldwide ("MVW") Reports Fourth Quarter and Full Year 2020 Financial Results
ORLANDO, Fla., Feb. 24, 2021 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) today reported fourth quarter and full year 2020 financial results.
Feb 04, 2021 07:30 am ET
Marriott Vacations Worldwide Corporation Announces Fourth Quarter and Full-Year 2020 Earnings Release and Conference Call
ORLANDO, Fla., Feb. 4, 2021 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) will report financial results for the fourth quarter and full-year 2020 after the market closes on Wednesday, February 24, 2021. A conference call is scheduled to follow at 8:30 a.m. ET on Thursday, February 25, 2021 to discuss the company's results.
Jan 28, 2021 07:30 am ET
Marriott Vacations Worldwide Announces Pricing of Convertible Senior Notes
ORLANDO, Fla., Jan. 28, 2021 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) (the "Company," "we," "us," or "our") announced today the pricing on January 27, 2021 of the offering of $500 million aggregate principal amount of 0.00% convertible senior notes due 2026 (the "notes") in a private offering (the "Offering") to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). The Company also granted to the initial purchasers of the notes an option to purchase up to an addit
Jan 26, 2021 03:03 pm ET
Marriott Vacations Worldwide Announces Offering of Convertible Senior Notes
ORLANDO, Fla., Jan. 26, 2021 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) (the "Company," "we," "us" or "our") announced today that it intends to offer, subject to market and other conditions, $500 million aggregate principal amount of convertible senior notes due 2026 (the "notes") in a private offering (the "Offering") to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). The Company also intends to grant to the initial purchasers of the notes an option to purcha
Jan 26, 2021 06:00 am ET
Marriott Vacations Worldwide Announces Agreement to Acquire Welk Resorts For Approximately $430 Million
ORLANDO, Fla., Jan. 26, 2021 /PRNewswire/ -- Marriott Vacations Worldwide (NYSE: VAC) ("MVW" or the "Company") announced today that it has entered into a definitive agreement to acquire Welk Resorts ("Welk"), one of the largest independent timeshare companies in North America, for approximately $430 million, including approximately 1.4 million MVW common shares. The acquisition is expected to close early in the second quarter of 2021.
Jan 20, 2021 07:30 am ET
Marriott Vacations Worldwide Announces Preliminary Fourth Quarter 2020 Results
ORLANDO, Fla., Jan. 20, 2021 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) announced today that it expects to report the following preliminary fourth quarter 2020 results.
Jan 19, 2021 08:00 am ET
Discover the "Pura Vida" with Marriott Vacation Club's First Resort in Costa Rica
ORLANDO, Fla., Jan. 19, 2021 /PRNewswire/ -- Marriott Vacation Club — a global industry leader in Vacation Ownership and brand of Marriott Vacations Worldwide (NYSE: VAC) — announced today that its Marriott Vacation Club at Los Sueños resort – located in the 1,110-acre master planned community of Los Sueños Resort and Marina in Costa Rica – is now open for Owners and guests to experience. Situated along Costa Rica's Green Coast and nestled between Herradura Bay and the lush rainforest, this resort is the first in Central America for the Marriott Vacation Club brand. Marriott Vacation Club
Jan 15, 2021 07:45 am ET
Stephen P. Weisz, CEO of Marriott Vacations Worldwide, Honored with Charles Andrews Memorial Hospitality Award for Community Leadership
ORLANDO, Fla., Jan. 15, 2021 /PRNewswire/ -- The Central Florida Hotel & Lodging Association (CFHLA) recently recognized Stephen P. Weisz, chief executive officer of Marriott Vacations Worldwide Corporation (NYSE: VAC), as the association's 2020 Charles Andrews Memorial Hospitality Award for Community Leadership recipient. The award was presented at the CFHLA 2020 Members of the Year Awards Ceremony held in Orlando, Fla.
Jan 04, 2021 07:30 am ET
Marriott Vacations Worldwide Announces the Promotion of John E. Geller, Jr. to President
ORLANDO, Fla., Jan. 4, 2021 /PRNewswire/ -- Today, Marriott Vacations Worldwide Corporation (NYSE:VAC) is pleased to announce the promotion of John E. Geller, Jr. to the position of president of Marriott Vacations Worldwide, along with the continuation of his current role as chief financial officer.
Dec 02, 2020 06:00 am ET
Marriott Vacations Worldwide Corporation Provides Business Update
ORLANDO, Fla., Dec. 2, 2020 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) will take part in the Barclays Eat, Sleep, Play virtual conference today. John Geller, executive vice president and chief financial and administrative officer, will participate in a fireside chat at 1:00 p.m. ET, which will be webcast.
Nov 30, 2020 01:55 pm ET
Marriott Vacations Worldwide Welcomes Lori Gustafson as Executive Vice President and Chief Brand and Digital Strategy Officer
ORLANDO, Fla., Nov. 30, 2020 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) announced Lori Gustafson as the company's new executive vice president and chief brand and digital strategy officer. Ms. Gustafson is also a member of the company's Executive Committee. In her new role, Ms. Gustafson will be responsible for the enterprise's global brand footprint and driving growth and customer satisfaction through digital innovation.
Nov 23, 2020 09:45 am ET
Marriott Vacation Club Announces Reservations Start For Proposed New Resort In Costa Rica
ORLANDO, Fla., Nov. 23, 2020 /PRNewswire/ -- Marriott Vacation Club — a global industry leader in Vacation Ownership and brand of Marriott Vacations Worldwide (NYSE: VAC) — announced today that reservations will commence for its proposed resort in Costa Rica, Marriott Vacation Club at Los Sueños, for occupancy in January 2021. This resort will be the first in Central America for Marriott Vacation Club and will offer 24 spacious two-bedroom lock-off villas. The villas are located within the exclusive, 1,110-acre, master planned community of Los Sueños Resort and Marina and within the Los Sueñ
Nov 13, 2020 07:30 am ET
Marriott Vacations Worldwide Corporation to Present at the Barclays Eat, Sleep, Play Conference on December 2, 2020
ORLANDO, Fla., Nov. 13, 2020 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) announced today that John Geller, executive vice president and chief financial and administrative officer, will participate in a fireside chat at the Barclays Eat, Sleep, Play Conference on Wednesday, December 2, 2020 at 1:00 p.m. ET.
Nov 04, 2020 03:15 pm ET
Marriott Vacations Worldwide ("MVW") Reports Third Quarter 2020 Financial Results
ORLANDO, Fla., Nov. 4, 2020 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) today reported third quarter 2020 financial results and provided an update on business conditions.
Jul 29, 2020 04:15 pm ET
Marriott Vacations Worldwide ("MVW") Reports Second Quarter 2020 Financial Results
ORLANDO, Fla., July 29, 2020 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) today reported second quarter 2020 financial results and provided an update on business conditions in light of the COVID-19 pandemic.
Jul 22, 2020 12:00 pm ET
Marriott Vacations Worldwide Completes Securitization of Vacation Ownership Loans
ORLANDO, Fla., July 22, 2020 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) announced today the completion of its first timeshare receivable securitization of 2020, offered pursuant to Rule 144A and outside the United States in accordance with Regulation S under the Securities Act of 1933, as amended. $375 million of notes (the "Notes") were issued in the transaction, backed by a pool of approximately $383 million of vacation ownership loans. The overall weighted average interest rate of the Notes is 2.53 percent and the transaction has a gross advance rate of 98 perce
Jul 20, 2020 10:00 am ET
Marriott Vacations Worldwide's Vacation Ownership Resorts Welcome Owners and Guests with Next Level of Clean
ORLANDO, Fla., July 20, 2020 /PRNewswire/ -- Marriott Vacations Worldwide (NYSE: VAC) — a global industry leader in vacation ownership — announced the implementation of a comprehensive, enhanced cleaning protocol program entitled "Next Level of Clean".
Jul 07, 2020 08:00 am ET
Marriott Vacations Worldwide Corporation Announces Second Quarter 2020 Earnings Release and Conference Call Schedule
ORLANDO, Fla., July 7, 2020 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) to report financial results for the second quarter after the market closes on Wednesday, July 29, 2020. A conference call is scheduled to follow at 9:00 a.m. ET on Thursday, July 30, 2020 to discuss the company's second quarter results.
Jun 18, 2020 08:30 am ET
Marriott Vacations Worldwide Corporation to Participate in the Jefferies Virtual Consumer Conference on June 24, 2020
ORLANDO, Fla., June 18, 2020 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) announced today that John Geller, executive vice president and chief financial and administrative officer and Neal Goldner, vice president, investor relations will participate in a fireside chat session at the Jefferies Virtual Consumer Conference on Wednesday, June 24, 2020 at 9:30 a.m. ET.
May 26, 2020 01:00 pm ET
Marriott Vacations Worldwide Corporation to Present at Goldman Sachs Travel and Leisure Conference on June 2, 2020
ORLANDO, Fla., May 26, 2020 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) announced today that Stephen P. Weisz, president and chief executive officer and John Geller, executive vice president and chief financial and administrative officer will participate in a fireside chat session at the Goldman Sachs Travel and Leisure Conference on Tuesday, June 2, 2020 at 10:35 a.m. ET.
May 06, 2020 06:45 pm ET
Marriott Vacations Worldwide Announces Pricing of $500 Million of 6.125% Senior Secured Notes
ORLANDO, Fla., May 6, 2020 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) ("MVW," the Company, "we," "us" or "our") today announced that its wholly owned subsidiary, Marriott Ownership Resorts, Inc. (the "Issuer"), priced an offering of its senior secured notes due 2025 (the "Notes") in a private placement. The aggregate principal amount of the Notes increased from $400 million to $500 million. The Company intends to use the net proceeds from the Notes offering for general corporate purposes, including for the payment of fees and expenses related to this offering.
May 06, 2020 09:27 am ET
Marriott Vacations Worldwide ("MVW") Reports Preliminary First Quarter 2020 Financial Results
ORLANDO, Fla., May 6, 2020 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) today reported preliminary first quarter 2020 financial results and provided an operational update on business conditions in light of the COVID-19 pandemic.
May 06, 2020 09:25 am ET
Marriott Vacations Worldwide Announces Offering of Senior Secured Notes
ORLANDO, Fla., May 6, 2020 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) ("Marriott Vacations Worldwide," the "Company," "we" or "our") today announced that its wholly owned subsidiary, Marriott Ownership Resorts, Inc. (the "Issuer"), intends to offer, subject to market and other conditions, $400 million aggregate principal amount of senior secured notes due 2025 (the "Notes"). The Company intends to use the proceeds of the offering for general corporate purposes and pay related fees and expenses.
Apr 21, 2020 08:00 am ET
Marriott Vacations Worldwide Corporation Announces Upcoming Investor Call
ORLANDO, Fla., April 21, 2020 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) will host a conference call with investors at 8:30 a.m. ET on Friday, May 8, 2020 to discuss first quarter results.
Apr 02, 2020 08:30 am ET
Marriott Vacations Worldwide Increases the Borrowing Capacity of its Warehouse Credit Facility
ORLANDO, Fla., April 2, 2020 /PRNewswire/ -- Marriott Vacations Worldwide (NYSE: VAC) announced today that it has amended its non-recourse warehouse credit facility (the "Warehouse Facility"), expanding its borrowing capacity to $531 million, an increase of $181 million.
Mar 24, 2020 06:30 am ET
Marriott Vacations Worldwide Corporation Provides Business Update
ORLANDO, Fla., March 24, 2020 /PRNewswire/ -- Marriott Vacations Worldwide (NYSE: VAC) announced today that due to quickly accelerating travel restrictions and restrictions on business operations as a result of the COVID-19 pandemic, the Company has decided to close all of its North America sales centers for two weeks effective March 23, 2020. In addition, beginning March 25, 2020, we are closing our resorts for rental guests with stays at our branded North America vacation ownership resorts for the next 30 days, and are reducing operations and amenities at all of our resorts based on vario
Mar 18, 2020 09:00 am ET
Marriott Vacations Worldwide Updates 2020 Outlook Due to COVID-19
ORLANDO, Fla., March 18, 2020 /PRNewswire/ -- Marriott Vacations Worldwide (NYSE: VAC) today announced it is withdrawing its full-year 2020 outlook due to the impact on travel demand as a result of COVID-19.
Nov 04, 2019 03:55 pm ET
Marriott Vacations Worldwide ("MVW") Reports Third Quarter Financial Results
ORLANDO, Fla., Nov. 4, 2019 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) today reported third quarter financial results.
Oct 10, 2019 01:30 pm ET
Marriott Vacations Worldwide Completes Securitization of Vacation Ownership Loans
ORLANDO, Fla., Oct. 10, 2019 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) announced today the completion of a securitization of a pool of approximately $315 million of vacation ownership loans. Approximately $236 million of the loans were purchased on October 10, 2019 by MVW 2019-2 LLC (the "LLC"), and all or a portion of the remaining loans may be purchased by the LLC prior to March 31, 2020. In connection with the securitization, investors purchased $309 million of notes (the "Notes") from the LLC. The Notes were offered in a private placement within the United Stat
Oct 10, 2019 09:00 am ET
Marriott Vacations Worldwide Corporation Announces Third Quarter 2019 Earnings Release and Conference Call Schedule
ORLANDO, Fla., Oct. 10, 2019 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) will report financial results for the third quarter 2019 after the market closes on Monday, November 4, 2019. A conference call is scheduled to follow at 8:30 a.m. ET on Tuesday, November 5, 2019 to discuss the company's results.
Oct 04, 2019 07:00 am ET
Marriott Vacation Club Announces Proposed New Resort in Costa Rica
Marriott Vacation Club—a global industry leader in Vacation Ownership and brand of Marriott Vacations Worldwide (NYSE: VAC)—announced today its newest proposed resort and sales gallery. Located in the exclusive, 1,100-acre, master-planned community of Los Sueños Resort and Marina, and within the Los Sueños Marriott Ocean & Golf Resort complex overlooking Herradura Bay, the 24 spacious, two-bedroom lock-off villas are anticipated to be available to welcome Owners and guests after the company completes the acquisition of the finished units in early 2021. The company also expects to
Sep 25, 2019 04:15 pm ET
Marriott Vacations Worldwide Provides Hurricane Dorian Update
ORLANDO, Fla., Sept. 25, 2019 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) provided an update today on the anticipated impact of Hurricane Dorian on its operations. While the company continues to assess the total impact resulting from Hurricane Dorian, as of today all of the impacted resorts have re-opened.
Sep 24, 2019 09:00 am ET
Marriott Vacations Worldwide Recognized as a 2019 Aon Best Employer in Eight Countries
ORLANDO, Fla., Sept. 24, 2019 /PRNewswire/ -- Marriott Vacations Worldwide (NYSE: VAC) today announced it has been recognized as a 2019 Aon Best Employer. The Best Employers certification measures and recognizes employer excellence worldwide by evaluating employee opinions to measure effective leadership, talent focus, organizational agility and employee engagement.
Sep 17, 2019 04:45 pm ET
Marriott Vacations Worldwide Announces Pricing of $350 Million of 4.750% Senior Notes
ORLANDO, Fla., Sept. 17, 2019 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) ("MVW," "we," "us" or "our") today announced that its wholly owned subsidiary, Marriott Ownership Resorts, Inc. (the "Issuer"), priced an offering of $350 million aggregate principal amount of its senior notes due 2028 (the "Notes") in a private placement. The aggregate principal amount of the Notes to be issued in the offering increased from $300 million to $350 million.
Sep 17, 2019 08:05 am ET
Marriott Vacations Worldwide Announces Offering of Senior Notes
ORLANDO, Fla., Sept. 17, 2019 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) ("MVW," "we," "us" or "our") today announced that its wholly owned subsidiary, Marriott Ownership Resorts, Inc. (the "Issuer"), intends to offer, subject to market and other conditions, $300.0 million aggregate principal amount of senior notes due 2028 (the "Notes"). The Notes will be offered to qualified institutional buyers within the United States pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and in offshore transactions to non-U.S. persons pursua
Sep 05, 2019 04:15 pm ET
Marriott Vacations Worldwide Corporation Announces Quarterly Cash Dividend
ORLANDO, Fla., Sept. 5, 2019 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) today announced its board of directors authorized a quarterly cash dividend of $0.45 per share of common stock. The dividend is payable on October 3, 2019 to shareholders of record as of September 19, 2019.
Aug 21, 2019 04:15 pm ET
Marriott Vacations Worldwide Raises $250,000 for Local Children's Miracle Network Hospital at the 22nd Annual Caring Classic Charity Golf Tournament
ORLANDO, Fla., Aug. 21, 2019 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) recently hosted the 22nd Annual Caring Classic charity golf tournament benefiting Orlando Health Arnold Palmer Hospital for Children. This year the golf tournament netted a donation of $250,000, bringing the cumulative total dollars raised since the tournament's inception in 1997 to nearly $3 million.
Aug 21, 2019 08:30 am ET
Marriott Vacations Worldwide Corporation to Host Investor Day In New York
ORLANDO, Fla., Aug. 21, 2019 /PRNewswire/ -- Marriott Vacations Worldwide (NYSE: VAC) announced today that it will host an Investor Day on Friday, October 4, 2019 in New York City at the New York Stock Exchange.
Jul 31, 2019 04:15 pm ET
Marriott Vacations Worldwide ("MVW") Reports Second Quarter Financial Results
ORLANDO, Fla., July 31, 2019 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) today reported second quarter financial results and updated its guidance for the full year 2019.
Jul 11, 2019 08:30 am ET
Marriott Vacations Worldwide Corporation Announces Second Quarter 2019 Earnings Release and Conference Call Schedule
ORLANDO, Fla., July 11, 2019 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) will report financial results for the second quarter 2019 after the market closes on Wednesday, July 31, 2019. A conference call is scheduled to follow at 8:30 a.m. ET on Thursday, August 1, 2019 to discuss the company's results.
Jul 02, 2019 04:15 pm ET
Marriott Vacation Club, Sheraton Vacation Club And Westin Vacation Club Resorts Are Found In The World's No. 1 Destinations
ORLANDO, Fla., July 2, 2019 /PRNewswire/ -- U.S. News & World Report, publisher of Best Hotels, Best Cruise Lines and Best Travel Rewards Programs travel guides, recently released its annual rankings of the best vacation destinations.
Jul 01, 2019 04:30 pm ET
Marriott Vacations Worldwide Corporation Celebrates Global Wellness Day
ORLANDO, Fla., July 1, 2019 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) recently observed Global Wellness Day on June 7 and 8 at more than 60 vacation ownership resorts and various corporate offices around the world. Associates, Owners, Members and guests from Bangkok, Thailand, to Hilton Head, South Carolina, took part in unique wellness activities, including morning yoga, beach cleanups, water aerobics classes, group runs and obstacle course challenges to recognize the benefits of living a healthy lifestyle. Observed in more than 150 countries, Global Wellness Day
May 24, 2019 09:00 am ET
Marriott Vacations Worldwide Corporation to Present at Goldman Sachs Leisure Conference
ORLANDO, Fla., May 24, 2019 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) today announced that Steve Weisz, president & chief executive officer, and John Geller, executive vice president, chief financial officer & chief administrative officer, will present at the Goldman Sachs Leisure Conference on June 4, 2019 at 2:45 p.m. ET.
May 23, 2019 03:30 pm ET
Marriott Vacations Worldwide Completes Securitization of Vacation Ownership Loans
ORLANDO, Fla., May 23, 2019 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) announced today the completion of a securitization of a pool of approximately $459 million of vacation ownership loans. Approximately $367 million of the loans were purchased on May 23, 2019 by MVW 2019-1 LLC (the "LLC"), and all or a portion of the remaining loans may be purchased by the LLC prior to October 31, 2019. In connection with the securitization, investors purchased $450 million of notes (the "Notes") from the LLC. The Notes were offered in a private placement within the United States
May 20, 2019 04:05 pm ET
CopperWynd Resort & Club, in Scottsdale’s Living Desert, is Aqua-Aston Hospitality’s First Managed Resort in Arizona
Aqua-Aston
Hospitality, a leading hotel and resort management group and an
operating business of Marriott Vacations Worldwide Corporation (NYSE:
VAC), is pleased to welcome CopperWynd Resort & Club in Scottsdale,
Arizona, to its portfolio of nearly 40 properties. CopperWynd is the
company’s first managed resort in Arizon
May 10, 2019 07:00 am ET
Marriott Vacations Worldwide Corporation Announces Quarterly Cash Dividend
ORLANDO, Fla., May 10, 2019 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) today announced its board of directors authorized a quarterly cash dividend of $0.45 per share of common stock. The dividend is payable on June 6, 2019 to shareholders of record as of May 23, 2019.
May 07, 2019 08:00 am ET
Marriott Vacations Worldwide ("MVW") Reports First Quarter Financial Results
ORLANDO, Fla., May 7, 2019 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) today reported first quarter financial results and reaffirmed its guidance for the full year 2019.
Apr 29, 2019 04:05 pm ET
Marriott Vacations Worldwide's CEO Receives Circle of Excellence Lifetime Achievement Award at American Resort Development Association's Awards Gala
ORLANDO, Fla., April 29, 2019 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) was recently recognized with several prestigious awards at the American Resort Development Association (ARDA) Awards Gala held during the annual Convention and Exposition in Orlando, Florida.
Apr 17, 2019 04:05 pm ET
Marriott Vacations Worldwide Corporation Announces First Quarter 2019 Earnings Release and Conference Call Schedule
ORLANDO, Fla., April 17, 2019 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) will report financial results for the first quarter 2019 before the market opens on May 7, 2019. A conference call is scheduled to follow at 10:00 a.m. ET to discuss the company's results.
Apr 15, 2019 04:05 pm ET
Marriott Vacations Worldwide Corporation Introduces Exciting New Destination Experiences for Owners, Members and Guests of Select Vacation Ownership Brands with New Relationship with PlacePass
ORLANDO, Fla., April 15, 2019 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) announced today a new relationship with PlacePass, an online marketplace for travelers that brings thousands of tours and activity options to Owners, Members and guests of select vacation ownership brands around the globe. Whether on vacation or enjoying a local attraction near their home, Owners, Members and guests will have access to these new leisure experiences meant to inspire and fulfill their vacation dreams. Owners, Members and guests of Marriott Vacation Club, Marriott Vacation Club Pu
Feb 28, 2019 07:00 am ET
Marriott Vacations Worldwide Reports Fourth Quarter and Full Year 2018 Financial Results and Provides 2019 Outlook
ORLANDO, Fla., Feb. 28, 2019 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) today reported fourth quarter and full year 2018 financial results and provided guidance for the full year 2019.
Feb 15, 2019 08:00 am ET
Marriott Vacations Worldwide Corporation Announces Quarterly Cash Dividend
ORLANDO, Fla., Feb. 15, 2019 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) today announced its board of directors authorized a quarterly cash dividend of $0.45 per share of common stock. The dividend is payable on March 14, 2019 to shareholders of record as of February 28, 2019.
Feb 06, 2019 04:30 pm ET
The Westin St. John Resort Villas Proudly Reopens After Hurricane Recovery and Restoration Efforts
The Westin St. John Resort Villas—a breathtaking vacation destination
located along the white beaches of Great Cruz Bay in St. John, U.S.
Virgin Islands—proudly reopens after a 16-month-long recovery and
restoration effort due to damage caused by Hurricanes Irma and Maria
which struck the islands in September, 2017.
Feb 05, 2019 07:55 am ET
Analysis: Positioning to Benefit within Xylem, Integer, Medpace, Comstock Resources, Marriott Vacations Worldwide, and Big 5 Sporting Goods — Research Highlights Growth, Revenue, and Consolidated Resu
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of Xylem Inc. (NYSE:XYL), Integer Holdings Corporation (NYSE:ITGR),...
Feb 04, 2019 08:15 am ET
Marriott Vacations Worldwide Corporation Announces Fourth Quarter and Year-End 2018 Earnings Release and Conference Call Schedule
ORLANDO, Fla., Feb. 4, 2019 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) will report financial results for the fourth quarter and year-end 2018 before the market opens on February 28, 2019. A conference call is scheduled to follow at 10:00 a.m. ET to discuss the company's results.
Jan 23, 2019 03:15 pm ET
Marriott Vacations Worldwide Donates Over 55 Tons of Food through Annual Harvest for Hunger Global Food Drive
ORLANDO, Fla., Jan. 23, 2019 /PRNewswire/ -- Marriott Vacations Worldwide (NYSE: VAC) is committed to the fight to end hunger with its annual Harvest for Hunger food drive. The month-long initiative — which takes place from November 1 through 30 — encourages associates, Owners and guests at participating resorts and Marriott Vacations Worldwide offices around the world to share in the spirit of the holiday season by donating nonperishable food items to benefit local food banks. This year's donations totaled more than 55 tons — or 110,000 pounds — providing the equivalent of more than 91,500
Dec 18, 2018 08:00 am ET
Marriott Vacation Club Pulse®, San Francisco: Coming To The City By The Bay In 2019
ORLANDO, Fla., Dec. 18, 2018 /PRNewswire/ -- Marriott Vacation Club, a global leader in vacation ownership and brand segment of Marriott Vacations Worldwide (NYSE:VAC), announced today the proposed spring 2019 rebranding of The Pier 2620 Hotel in San Francisco as Marriott Vacation Club Pulse, San Francisco. The anticipated addition of Marriott Vacation Club Pulse, San Francisco continues the company's growth strategy of delivering highly desired resorts and important sales distributions.
Dec 07, 2018 08:00 am ET
Marriott Vacations Worldwide Corporation Announces Quarterly Cash Dividend and Increase to its Share Repurchase Authorization
ORLANDO, Fla., Dec. 7, 2018 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) today announced its board of directors authorized a quarterly cash dividend of $0.45 per share of common stock. The dividend is payable on January 3, 2019 to shareholders of record as of December 20, 2018.
Nov 07, 2018 07:00 am ET
Marriott Vacations Worldwide ("MVW") Reports Third Quarter Financial Results
ORLANDO, Fla., Nov. 7, 2018 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) today reported third quarter financial results and provided updated guidance for the full year 2018.
Nov 02, 2018 09:30 pm ET
Families Stretch Their Fall Vacation Dollars With 20 Percent Off Stays At Marriott Vacation Club Resorts Around The World
ORLANDO, Fla., Nov. 2, 2018 /PRNewswire/ -- Families looking to stretch their fall vacation dollars can save an astounding 20 percent on nightly rates for spacious villas, suites and guest rooms at Marriott Vacation Club® resorts and Marriott Vacation Club PulseSM properties around the world.
Oct 25, 2018 08:25 am ET
Factors of Influence in 2018, Key Indicators and Opportunity within Portola Pharmaceuticals, Cable One, Marriot Vacations Worldwide, United Technologies, Park-Ohio, and BioScrip — New Research Emphasi
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of Portola Pharmaceuticals, Inc. (NASDAQ:PTLA), Cable One, Inc....
Oct 19, 2018 09:00 am ET
Marriott Vacations Worldwide Corporation Announces Third Quarter 2018 Earnings Release and Conference Call Schedule
ORLANDO, Fla., Oct. 19, 2018 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) will report financial results for the third quarter 2018 before the market opens on November 7, 2018. A conference call is scheduled to follow at 9:00 a.m. ET to discuss the company's results.
Sep 07, 2018 09:00 am ET
Marriott Vacations Worldwide Corporation Announces Quarterly Cash Dividend
ORLANDO, Fla., Sept. 7, 2018 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) today announced its board of directors authorized a quarterly cash dividend of $0.40 per share of common stock. The dividend is payable on October 4, 2018 to shareholders of record as of September 20, 2018.
Sep 01, 2018 01:15 am ET
Marriott Vacations Worldwide Completes Acquisition of ILG, Inc.
ORLANDO and MIAMI, Fla., Sept. 1, 2018 /PRNewswire/ -- Marriott Vacations Worldwide (NYSE: VAC), a leading global vacation company, has completed the previously announced acquisition of ILG, Inc., a provider of professionally delivered vacation experiences. As consideration for the acquisition, ILG shareholders received $14.75 in cash and 0.165 shares of Marriott Vacations Worldwide common stock for each share of ILG common stock. Marriott Vacations Worldwide paid approximately $4.6 billion in aggregate consideration.
Aug 28, 2018 05:52 pm ET
Marriot Vacations Worldwide Set to Join S&P MidCap 400 and Unisys to Join S&P SmallCap 600
NEW YORK, Aug. 28, 2018 /PRNewswire/ -- S&P SmallCap 600 constituent Marriot Vacations Worldwide Corp. (NYSE: VAC) will replace ILG Inc. (NASD: ILG) in the S&P MidCap 400, and Unisys Corp. (NYSE: UIS) will replace Marriot Vacations Worldwide in the S&P SmallCap 600 effective prior to the open of trading on Tuesday, September 4. Marriot Vacations Worldwide is acquiring ILG in a deal expected to be completed soon pending final conditions. Post-merger Marriot Vacations Worldwide will be more representative of the mid-cap market space.
Aug 28, 2018 04:31 pm ET
Stockholders of Marriott Vacations Worldwide and ILG Approve Merger
Marriott Vacations Worldwide Corporation (NYSE: VAC) and ILG, Inc.
(NASDAQ: ILG) today announced that at separate special stockholder
meetings the stockholders of both companies approved proposals relating
to Marriott Vacations Worldwide’s acquisition of ILG. Holders of over 99
percent of Marriott Vacations Worldwide shares present and voting at the
meeting voted in favor of a proposal to issue shares of Marriott
Vacations Worldwide common stock in connection with the transaction, and
holders of over 99 percent of ILG shares present and voting a
Aug 28, 2018 04:30 pm ET
Stockholders of Marriott Vacations Worldwide and ILG Approve Merger
ORLANDO and MIAMI, Fla., Aug. 28, 2018 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) and ILG, Inc. (NASDAQ: ILG) today announced that at separate special stockholder meetings the stockholders of both companies approved proposals relating to Marriott Vacations Worldwide's acquisition of ILG. Holders of over 99 percent of Marriott Vacations Worldwide shares present and voting at the meeting voted in favor of a proposal to issue shares of Marriott Vacations Worldwide common stock in connection with the transaction, and holders of over 99 percent of ILG shares present and
Aug 20, 2018 05:20 pm ET
Marriott Vacations Worldwide Recognized as a 2018 Aon Hewitt Best Employer in Eight Countries
ORLANDO, Fla., Aug. 20, 2018 /PRNewswire/ -- Marriott Vacations Worldwide (NYSE: VAC) today announced it has been recognized by Aon Hewitt, the global talent, retirement and health solutions business of Aon plc, as a 2018 Aon Best Employer. The Aon Best Employers program measures and recognizes employer excellence worldwide by evaluating employee opinions to measure engagement, leadership, performance culture and employer brand.
Aug 15, 2018 08:45 pm ET
Marriott Vacations Worldwide Amends Exchange Offer and Consent Solicitation for IAC Notes
ORLANDO, Fla., Aug. 15, 2018 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) ("Marriott Vacations Worldwide," "MVW," "we," "us" or "our") today announced that its wholly owned subsidiary, Marriott Ownership Resorts, Inc. (the "Issuer"), is amending its previously announced offer to exchange (the "Exchange Offer"), and the related consent solicitation (the "Consent Solicitation") with respect to, any and all of the outstanding $350.0 million aggregate principal amount of 5.625% Senior Notes due 2023 (the "Existing IAC Notes") issued by Interval Acquisition Corp. ("IAC"),
Aug 14, 2018 10:33 am ET
Marriott Vacations Worldwide Earns Spot on the Orlando Sentinel's "Top 100 Companies" List
ORLANDO, Fla., Aug. 14, 2018 /PRNewswire/ -- Marriott Vacations Worldwide (NYSE: VAC) was recently recognized as one of Orlando Sentinel's "Top 100 Companies" for 2018. Marriott Vacations Worldwide ranked seventh in the Large Division, making it the highest-ranked Orlando company in the vacation ownership industry. The "Top 100 Companies" program is created by the Orlando Sentinel, in partnership with Best Companies Group, to recognize and honor the best places of employment in Orlando, benefiting the city's economy, workforce and businesses.
Aug 09, 2018 05:45 pm ET
Marriott Vacations Worldwide Announces Pricing of $750 Million of 6.5% Senior Notes
ORLANDO, Fla., Aug. 9, 2018 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) ("Marriott Vacations Worldwide," "we," "us" or "our") today announced that its wholly owned subsidiary, Marriott Ownership Resorts, Inc. (the "Issuer"), priced an offering of $750 million aggregate principal amount of its senior notes due 2026 (the "Notes") in a private placement.
Aug 06, 2018 07:30 am ET
Marriott Vacations Worldwide Announces Offering of Senior Notes
ORLANDO, Fla., Aug. 6, 2018 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) ("Marriott Vacations Worldwide," "MVW," "we," "us" or "our") today announced that its wholly owned subsidiary, Marriott Ownership Resorts, Inc. (the "Issuer"), intends to offer, subject to market and other conditions, $750.0 million aggregate principal amount of senior notes due 2026 (the "Notes"). The Notes will be offered to qualified institutional buyers within the United States pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and in offshore transacti
Aug 02, 2018 08:00 am ET
Marriott Vacations Worldwide Reports Second Quarter Financial Results
ORLANDO, Fla., Aug. 2, 2018 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) today reported second quarter financial results and provided updated guidance for the full year 2018.
Jul 30, 2018 04:30 pm ET
Marriott Vacations Worldwide Raises $220,000 for Arnold Palmer Hospital for Children at the 21st Annual Caring Classic Charity Golf Event
ORLANDO, Fla., July 30, 2018 /PRNewswire/ -- Marriott Vacations Worldwide (NYSE: VAC) recently hosted the 21st Annual Caring Classic charity golf tournament benefitting Orlando Health Arnold Palmer Hospital for Children, the local Children's Miracle Network Hospital in Central Florida. This year the golf tournament raised $220,000 for the charity, which brings the overall cumulative total raised since the tournament's inception in 1997 to over $2.7 million in funds.
Jul 26, 2018 08:05 pm ET
Marriott Vacations Worldwide Announces Exchange Offer and Consent Solicitation for IAC Notes
ORLANDO, Fla., July 26, 2018 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) ("our") today announced that Marriott Ownership Resorts, Inc. (the "Issuer"), a wholly owned subsidiary of Marriott Vacations Worldwide, has commenced, subject to the terms and conditions set forth in a confidential offering memorandum and consent solicitation statement dated the date hereof (the "Offering Memorandum"), an offer to exchange (the "Exchange Offer") any and all of the outstanding $350.0 million aggregate principal amount of 5.625 percent Senior Notes due 2023 (the "Existing IAC Not
Jul 26, 2018 08:00 am ET
Marriott Vacations Worldwide Reports Certain Preliminary Second Quarter Financial Results
ORLANDO, Fla., July 26, 2018 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) (the "company" or "MVW") today reported certain preliminary estimated second quarter financial results in connection with certain financing transactions related to the previously announced combination of MVW with ILG, Inc. ("ILG") and provided updated guidance for the full year 2018 below.
Jul 25, 2018 07:45 am ET
Report: Developing Opportunities within Acxiom, BofI Holding, On Assignment, Marriot Vacations Worldwide, Bio-Rad Laboratories, and Dime Community Bancshares — Future Expectations, Projections Moving
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Acxiom Corporation (NASDAQ:ACXM), BofI Holding, Inc. (NASDAQ:BOFI), On...
Jul 19, 2018 09:00 am ET
Marriott Vacations Worldwide Corporation Announces Second Quarter 2018 Earnings Release and Conference Call Schedule
ORLANDO, Fla., July 19, 2018 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) will report financial results for the second quarter 2018 before the market opens on August 2, 2018. A conference call is scheduled to follow at 10:00 a.m. ET to discuss the company's results.
Jul 03, 2018 08:30 am ET
Marriott Vacations Worldwide Announces Meeting Date for Special Meeting Regarding the Proposed Merger with ILG
ORLANDO, Fla., July 3, 2018 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) announced today that it will hold a special meeting of its stockholders at 9:00 a.m., Eastern Time, on August 28, 2018 at the Renaissance Orlando at SeaWorld, 6677 Sea Harbor Drive, Orlando, Florida, at which Marriott Vacations Worldwide stockholders will vote on the issuance of shares of Marriott Vacations Worldwide common stock to stockholders of ILG, Inc. (Nasdaq: ILG) and related matters pursuant to the Agreement and Plan of Merger dated as of April 30, 2018 (the "Merger Agreement"), by and a
Jun 28, 2018 04:05 pm ET
Marriott Vacations Worldwide Completes Securitization of Vacation Ownership Loans
ORLANDO, Fla., June 28, 2018 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) announced today the completion of a securitization of a pool of approximately $436 million of vacation ownership loans. Approximately $327 million of the loans were purchased on June 28, 2018 by the MVW Owner Trust 2018-1 (the "Trust"), and all or a portion of the remaining loans may be purchased by the Trust prior to January 15, 2019. In connection with the securitization, investors purchased $423 million of notes (the "Notes") from the Trust. The Notes were offered in a private placement with
May 18, 2018 08:25 am ET
Market Trends Toward New Normal in Castlight Health, inc, Marriot Vacations Worldwide, AnaptysBio, Compass Diversified, Triumph, and Asbury Automotive Group — Emerging Consolidated Expectations, Analy
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Castlight Health, inc. (NYSE:CSLT), Marriot Vacations Worldwide...
May 15, 2018 09:00 am ET
Marriott Vacations Worldwide Corporation Announces Quarterly Cash Dividend
ORLANDO, Fla., May 15, 2018 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) today announced its board of directors authorized a quarterly cash dividend of $0.40 per share of common stock. The dividend is payable on June 11, 2018 to shareholders of record as of May 28, 2018.
May 03, 2018 02:01 pm ET
ILG INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of ILG, Inc.
NEW ORLEANS, May 3, 2018 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of ILG, Inc. ("ILG") (NasdaqGS: ILG) to Marriott Vacations Worldwide Corporation. ("MVW") (NYSE: VAC). Under the terms of the proposed transaction, shareholders of ILG will receive only $14.75 in cash and 0.165 shares of MVW for each share of ILG common stock that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the considerati
May 03, 2018 08:00 am ET
Marriott Vacations Worldwide Reports First Quarter Financial Results
ORLANDO, Fla., May 3, 2018 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) today reported first quarter financial results and reaffirmed its guidance for the full year 2018.
May 01, 2018 06:23 pm ET
WeissLaw LLP: ILG, Inc Acquisition May Not Be in the Best Interests of ILG Shareholders
NEW YORK, May 1, 2018 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of ILG, Inc. ("ILG" or the "Company") (NASDAQ: ILG) in connection with the proposed acquisition of the Company with Marriott Vacations Worldwide Corp. ("Marriott") (NYSE: VAC) in a cash-and-stock transaction valued at approximately $4.7 billion. Under the terms of the agreement, the Company's shareholders will be entitled to receive $14.75 in cash and 0.165 of a Marriott share for each ILG share they own, representing consideration of
May 01, 2018 07:56 am ET
Johnson Fistel Investigates the Buyouts of ILG, Inc., Financial Engines, Inc. and DCT Industrial Trust Inc.; Investors Encouraged to Contact Firm
SAN DIEGO, May 1, 2018 /PRNewswire/ -- Shareholder Rights Law Firm Johnson Fistel, LLP is investigating potential claims against ILG, Inc., Financial Engines, Inc., and DCT Industrial Trust Inc. as detailed below:
Apr 30, 2018 07:00 am ET
Marriott Vacations Worldwide to Acquire ILG to Create a Leading Global Provider of Premier Vacation Experiences
ORLANDO, Fla. and MIAMI, April 30, 2018 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) ("MVW" or the "Company") and ILG (Nasdaq: ILG) today announced that they have entered into a definitive agreement under which MVW will acquire all of the outstanding shares of ILG in a cash and stock transaction with an implied equity value of approximately $4.7 billion. Under the terms of the agreement, ILG shareholders will receive $14.75 in cash and 0.165 shares of MVW common stock for each ILG share.
Apr 20, 2018 09:00 am ET
Marriott Vacations Worldwide Corporation Announces First Quarter 2018 Earnings Release and Conference Call Schedule
ORLANDO, Fla., April 20, 2018 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) will report financial results for the first quarter 2018 before the market opens on May 3, 2018. A conference call is scheduled to follow at 10:00 a.m. ET to discuss the company's results.
Feb 27, 2018 08:45 am ET
Marriott Vacations Worldwide Corporation to Host Earnings Call
NEW YORK, NY / ACCESSWIRE / February 27, 2018 / Marriott Vacations Worldwide Corporation (NYSE: VAC) will be discussing their earnings results in their Q4 Earnings Call to be held on February 27, 2018 at 10:00 AM Eastern Time.
Feb 27, 2018 07:00 am ET
Marriott Vacations Worldwide Reports Fourth Quarter and Full Year 2017 Financial Results and Provides 2018 Outlook
ORLANDO, Fla., Feb. 27, 2018 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) today reported fourth quarter and full year 2017 financial results and provided guidance for the full year 2018.
Feb 16, 2018 03:30 pm ET
Marriott Vacations Worldwide Corporation Announces Quarterly Cash Dividend
ORLANDO, Fla., Feb. 16, 2018 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) today announced its board of directors authorized a quarterly cash dividend of $0.40 per share of common stock. The dividend is payable on March 15, 2018 to shareholders of record as of March 1, 2018.
Feb 16, 2018 11:15 am ET
Marriott's Frenchman's Cove in St. Thomas Reopens After Recovery Efforts from Hurricanes Irma and Maria
ORLANDO, Fla., Feb. 16, 2018 /PRNewswire/ -- The associates at Marriott's Frenchman's Cove located in St. Thomas, U.S. Virgin Islands are excited to welcome back Owners and guests to this exceptional resort today. The resort has been closed since Hurricane Irma hit St. Thomas on September 6, 2017. Marriott's Frenchman's Cove is one of the first large resorts on St. Thomas to open after recovering from the aftermath of two extremely powerful Category 5 hurricanes, Irma and Maria.
Feb 12, 2018 08:00 am ET
Marriott Vacations Worldwide Corporation Announces Fourth Quarter and Full Year 2017 Earnings Release and Conference Call Schedule
ORLANDO, Fla., Feb. 12, 2018 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) will report financial results for the fourth quarter and full year 2017 before the market opens on February 27, 2018. A conference call is scheduled to follow at 10:00 a.m. ET to discuss the company's results.
Jan 30, 2018 03:01 pm ET
Marriott Vacations Worldwide Donates Over 50 Tons of Food through Annual Harvest for Hunger Global Food Drive
ORLANDO, Fla., Jan. 30, 2018 /PRNewswire/ -- Marriott Vacations Worldwide (NYSE: VAC) continues the fight to end hunger by donating more than 101,000 pounds of food as a result of their global food drive, Harvest for Hunger. From November 1 through 30, non-perishable food items were donated by associates, Owners and guests at participating Marriott Vacation Club resorts and at Marriott Vacations Worldwide offices around the world. All donations benefitted local food banks near the resorts and offices.
Jan 18, 2018 09:00 am ET
Marriott Vacation Club is Now Open on the Island of Bali
ORLANDO, Fla., Jan. 18, 2018 /PRNewswire/ -- Marriott's Bali Nusa Dua Gardens—Marriott Vacation Club's all-new vacation ownership escape—is now open on the island of Bali. The stunning tropical retreat, where moments of relaxation meet island inspiration, is the company's first resort in Indonesia.
Jan 08, 2018 07:30 am ET
Factors of Influence in 2018, Key Indicators and Opportunity within Kelly Services, Genocea Biosciences, Balchem, Federal Signal, Marriott Vacations Worldwide, and International Bancshares — New Resea
NEW YORK, Jan. 08, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Kelly Services, Inc. (NASDAQ:KELYA), Genocea Biosciences,...
Dec 08, 2017 08:00 am ET
Marriott Vacations Worldwide Corporation Announces 14 Percent Increase to Quarterly Cash Dividend
ORLANDO, Fla., Dec. 8, 2017 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) today announced its board of directors authorized a quarterly cash dividend of $0.40 per share of common stock, an increase of 14.2 percent over the previous quarterly dividend of $0.35 per share. The dividend is payable on January 4, 2018 to shareholders of record as of December 21, 2017.
Nov 06, 2017 09:00 am ET
Marriott Vacations Worldwide Corporation "Fills the Containers" with Relief Supply Donations for Fellow Associates in St. Thomas
ORLANDO, Fla., Nov. 6, 2017 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) associates from around the globe came together to help their fellow associates at Marriott's Frenchman's Cove located in St. Thomas, U.S. Virgin Islands left in need by Hurricanes Irma and Maria by donating much needed relief supplies. Marriott Vacations Worldwide associates "Filled the Containers" with over 10,000 pounds of basic supplies that have been difficult to find on the island since the hurricanes. In addition, the company decided to send a special surprise - all 135 associates received
Nov 02, 2017 09:00 am ET
Marriott Vacations Worldwide Reports Third Quarter Financial Results
ORLANDO, Fla., Nov. 2, 2017 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) today reported third quarter financial results and updated its guidance for the full year 2017.
Oct 09, 2017 05:01 pm ET
Marriott Vacations Worldwide Corporation Announces Third Quarter 2017 Earnings Release and Conference Call Schedule
ORLANDO, Fla., Oct. 9, 2017 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) will report financial results for the third quarter of 2017 before the market opens on November 2, 2017. A conference call is scheduled to follow at 10:00 a.m. ET to discuss the company's results.
Sep 21, 2017 08:00 am ET
Marriott Vacations Worldwide Announces Pricing of Offering of $200 Million of Convertible Senior Notes
ORLANDO, Fla., Sept. 21, 2017 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) (the "Company") announced today the pricing on September 20, 2017 of the offering of $200 million aggregate principal amount of convertible senior notes due 2022 (the "notes"). The notes were offered only to qualified institutional buyers in accordance with Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). The Company also granted to the initial purchasers of the notes an option to purchase up to an additional $30 million aggregate principal amount of notes within a
Sep 19, 2017 05:06 pm ET
Marriott Vacations Worldwide Proposes Private Offering of $200 Million of Convertible Senior Notes
ORLANDO, Fla., Sept. 19, 2017 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) (the "Company") announced today that it intends to offer, subject to market and other conditions, $200 million aggregate principal amount of convertible senior notes due 2022 (the "notes") in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). The Company also expects to grant to the initial purchasers of the notes an option to purchase up to an additional $30 million aggregate principal amount of notes
Sep 19, 2017 09:00 am ET
Marriott Vacations Worldwide Provides Hurricane Irma Update
ORLANDO, Fla., Sept. 19, 2017 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) provided an update today on the anticipated impact of Hurricane Irma on its operations.
Sep 08, 2017 10:00 am ET
Marriott Vacations Worldwide Corporation Announces Quarterly Cash Dividend
ORLANDO, Fla., Sept. 8, 2017 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) today announced its board of directors authorized a quarterly cash dividend of $0.35 per share of common stock. The dividend is payable on October 5, 2017 to shareholders of record as of September 21, 2017.
Aug 17, 2017 05:56 pm ET
Marriott Vacations Worldwide Completes Securitization of Vacation Ownership Loans
ORLANDO, Fla., Aug. 17, 2017 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) announced today the completion of a securitization of a pool of approximately $361 million of vacation ownership loans. Approximately $303 million of the loans were purchased on August 17, 2017 by the MVW Owner Trust 2017-1 (the "Trust"), and all or a portion of the remaining loans may be purchased by the Trust prior to January 15, 2018. In connection with the securitization, investors purchased $350 million of notes (the "Notes") from the Trust. The Notes were offered in a private placement wi
Aug 03, 2017 09:00 am ET
Marriott Vacations Worldwide Reports Second Quarter Financial Results
ORLANDO, Fla., Aug. 3, 2017 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) today reported second quarter financial results and updated its guidance for the full year 2017. Due to the change in the company's financial reporting calendar beginning in 2017, the second quarter of 2017 included the period from April 1, 2017 through June 30, 2017 (91 days) compared to the 2016 second quarter, which included the period from March 26, 2016 through June 17, 2016 (84 days). Prior year results have not been restated for the change in the company's reporting calendar.
Jul 11, 2017 05:01 pm ET
Marriott Vacations Worldwide Corporation Announces Second Quarter 2017 Earnings Release and Conference Call Schedule
ORLANDO, Fla., July 11, 2017 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) will report financial results for the second quarter of 2017 before the market opens on August 3, 2017. A conference call is scheduled to follow at 10:00 a.m. ET to discuss the company's results.
Jul 11, 2017 10:00 am ET
Marriott Vacations Worldwide Celebrates 20 Years of Caring for the Children of Central Florida with Annual Charity Golf Event
ORLANDO, Fla., July 11, 2017 /PRNewswire/ -- Recently Marriott Vacations Worldwide (NYSE: VAC) hosted its 20th Annual Caring Classic charity golf tournament benefitting Greater Orlando Children's Miracle Network Hospitals. Since the tournament's inception in 1997, a cumulative total of over $2.5 million in funds raised have directly helped the young patients treated at Arnold Palmer Hospital for Children.
Jun 27, 2017 10:00 am ET
Marriott Vacations Worldwide Awarded Gold Stevie at the 2017 American Business Awards
ORLANDO, Fla., June 27, 2017 /PRNewswire/ -- Marriott Vacations Worldwide (NYSE: VAC) was honored with a Gold Stevie Award for Company of the Year in Hospitality & Leisure in addition to five Stevie Awards in various categories during the 15th Annual American Business Awards.
May 12, 2017 10:00 am ET
Marriott Vacations Worldwide Corporation Announces Quarterly Cash Dividend
ORLANDO, Fla., May 12, 2017 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) today announced its board of directors authorized a quarterly cash dividend of $0.35 per share of common stock. The dividend is payable on June 8, 2017 to shareholders of record as of May 25, 2017.
May 04, 2017 09:00 am ET
Marriott Vacations Worldwide Reports First Quarter Financial Results
ORLANDO, Fla., May 4, 2017 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) today reported first quarter financial results and reaffirmed its guidance for the full year 2017. Due to the change in the company's financial reporting calendar beginning in 2017, the first quarter of 2017 included the period from December 31, 2016 through March 31, 2017 (91 days) compared to the 2016 first quarter, which included the period from January 2, 2016 to March 25, 2016 (84 days). Prior year results have not been restated for the change in the company's reporting calendar.
Apr 13, 2017 05:01 pm ET
Marriott Vacations Worldwide Corporation Announces First Quarter 2017 Earnings Release and Conference Call Schedule
ORLANDO, Fla., April 13, 2017 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) will report financial results for the first quarter of 2017 before the market opens on May 4, 2017. A conference call is scheduled to follow at 10:00 a.m. ET to discuss the company's results.
Feb 23, 2017 08:00 am ET
Marriott Vacations Worldwide Reports Fourth Quarter and Full Year 2016 Financial Results and 2017 Outlook
ORLANDO, Fla., Feb. 23, 2017 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) today reported fourth quarter and full year 2016 financial results and provided its outlook for the full year 2017.
Feb 10, 2017 09:00 am ET
Marriott Vacations Worldwide Corporation Announces Quarterly Cash Dividend
ORLANDO, Fla., Feb. 10, 2017 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) today announced its board of directors authorized a quarterly cash dividend of $0.35 per share of common stock. The dividend is payable on March 9, 2017 to shareholders of record as of February 23, 2017.
Feb 01, 2017 09:00 am ET
Marriott Vacations Worldwide Corporation Announces Fourth Quarter and Full Year 2016 Earnings Release and Conference Call Schedule
ORLANDO, Fla., Feb. 1, 2017 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) will report financial results for the fourth quarter and full year 2016 before the market opens on February 23, 2017. A conference call is scheduled to follow at 10:00 a.m. ET to discuss the company's results.
Dec 09, 2016 09:00 am ET
Marriott Vacations Worldwide Corporation Announces Increase of over 15 Percent to Quarterly Cash Dividend; Board also Approves Adoption of Calendar Fiscal Year Beginning in 2017
ORLANDO, Fla., Dec. 9, 2016 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) today announced its board of directors authorized a quarterly cash dividend of $0.35 per share of common stock, an increase of 16.7 percent over the previous quarterly dividend of $0.30 per share. The dividend is payable on January 4, 2017 to shareholders of record as of December 22, 2016.
Oct 13, 2016 09:00 am ET
Marriott Vacations Worldwide Reports Third Quarter Financial Results
ORLANDO, Fla., Oct. 13, 2016 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) today reported third quarter financial results and updated its guidance for the full year 2016.
Sep 29, 2016 10:00 am ET
Marriott Vacations Worldwide Recognized as a 2016 Aon Hewitt Best Employer in Nine Countries
ORLANDO, Fla., Sept. 29, 2016 /PRNewswire/ -- Marriott Vacations Worldwide (NYSE: VAC) today announced it has been recognized by Aon Hewitt, the global talent, retirement and health solutions business of Aon plc (NYSE: AON), as a 2016 Aon Best Employer. The Aon Best Employers program measures and recognizes employer excellence worldwide.
Sep 16, 2016 10:00 am ET
Marriott Vacations Worldwide Corporation Announces Third Quarter 2016 Earnings Release and Conference Call Schedule
ORLANDO, Fla., Sept. 16, 2016 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) will report financial results for the third quarter 2016 before the market opens on October 13, 2016. A conference call is scheduled to follow at 10:00 a.m. ET to discuss the company's results.
Sep 12, 2016 10:00 am ET
Marriott Vacations Worldwide Makes Orlando Sentinel Top 100 Companies List
ORLANDO, Fla., Sept. 12, 2016 /PRNewswire/ -- Marriott Vacations Worldwide (NYSE: VAC) was recently recognized as one of Orlando Sentinel's "Top 100 Companies" for 2016. Ranking fourth in the Large Division placed the company as highest recognized company in the vacation ownership industry. The list of "Top 100 Companies" was created by the Orlando Sentinel and Best Companies Group and is a survey and award program designed to identify and honor the best places of employment in Orlando, benefiting the city's economy, its workforce and businesses.
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