Marriott Vacations Worldwide Corp is a globally recognized company operating in the vacation ownership and hospitality industry. Founded in 1984 as Marriott Ownership Resorts Inc., the company has undergone several name changes and rebrandings over the years. Today, it operates under the name Marriott Vacations Worldwide, having established itself as a leading player in its field.
The primary focus of Marriott Vacations Worldwide is providing vacation ownership services. The company operates a diverse portfolio of vacation ownership resorts under renowned brands such as Marriott Vacation Club, Sheraton Vacation Club, and Westin Vacation Club. These resorts are strategically located in popular travel destinations, catering to a wide range of vacationers seeking memorable holiday experiences.
Marriott Vacations Worldwide is a publicly traded company, listed on the New York Stock Exchange (NYSE) under the ticker symbol "VAC." This public listing reflects the company's financial stability and attractiveness as an investment in the vacation and hospitality sector. Investors have the opportunity to buy and trade shares of the company on the stock exchange.
One of the notable aspects of Marriott Vacations Worldwide is its loyalty program, Marriott Bonvoy. This program allows members to earn and redeem points for stays at Marriott Vacation Club resorts, as well as other Marriott properties. Marriott Bonvoy enhances customer loyalty and engagement, fostering long-term relationships with travelers and encouraging repeat business.
The flagship product of Marriott Vacations Worldwide is the Marriott Vacation Club, which offers flexible and customizable vacation ownership options. This product allows individuals and families to purchase vacation ownership interests in upscale resorts, granting them access to a global network of vacation destinations. The Marriott Vacation Club has played a pivotal role in establishing the company's reputation as a leader in the vacation ownership industry, providing luxurious and unforgettable vacation experiences to its members.