About Marriott Vacations Worldwide
Marriott Vacations Worldwide is a company based in Orlando (United States) founded in 1984.. The company has 22,300 employees as of December 31, 2024. Marriott Vacations Worldwide has completed 3 acquisitions, including Aqua Hotels & Resorts, ILG and Welk Resorts. Marriott Vacations Worldwide offers products and services including Vacation Ownership and Exchange Services.
- Headquarter Orlando, United States
- Employees 22300 as on 31 Dec, 2024
- Stage Public
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Sectors
Travel & Hospitality
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Marriott Vacations Worldwide Corporation
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Annual Revenue
$4.97 B5.08as on Dec 31, 2024
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Net Profit
$218 M-14.17as on Dec 31, 2024
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EBITDA
$693 M-4.02as on Dec 31, 2024
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Latest Funding Round
$350 M (USD), Debt – Conventional
Sep 17, 2019
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Investors
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Employee Count
22300
as on Dec 31, 2024
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Investments & Acquisitions
Aqua Hotels & Resorts
& 2 more
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IPO & Listings of Marriott Vacations Worldwide
Marriott Vacations Worldwide is a publicly listed company on the NYSE with ticker symbol VAC in USA, operating in the Consumer services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Marriott Vacations Worldwide
Marriott Vacations Worldwide offers a comprehensive portfolio of products and services, including Vacation Ownership and Exchange Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Vacation ownership programs are provided at resorts and properties globally, offering flexible vacation experiences
Exchange services are offered for timeshare and rental, connecting members to a network of hotels and resorts worldwide
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Sales and Marketing
117 people
Software Development Team
93 people
Leadership Team
83 people
Finance and Accounting
42 people
Operations Team
31 people
General Team
19 people
Senior Team
18 people
Legal and Compliance
17 people
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Funding Insights of Marriott Vacations Worldwide
- Total Funding Total Funding
- Total Rounds 2
- Last Round Debt – Conventional — $350.0M
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First Round
First Round
(01 Oct 2017)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2019 | Amount | Debt – Conventional - Marriott Vacations Worldwide | Valuation |
investors |
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| Oct, 2017 | Amount | Post-IPO - Marriott Vacations Worldwide | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Marriott Vacations Worldwide
Marriott Vacations Worldwide has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Aqua Hotels & Resorts, ILG and Welk Resorts. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Vacation experiences and hospitality services are provided worldwide by ILG.
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2008 | ||||
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Hotels and resorts are operated across the United States.
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2001 | ||||
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Luxury vacation home properties are provided for guest accommodations.
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1903 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Marriott Vacations Worldwide
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Marriott Vacations Worldwide Comparisons
Competitors of Marriott Vacations Worldwide
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Marriott Vacations Worldwide
Frequently Asked Questions about Marriott Vacations Worldwide
When was Marriott Vacations Worldwide founded?
Marriott Vacations Worldwide was founded in 1984 and raised its 1st funding round 33 years after it was founded.
Where is Marriott Vacations Worldwide located?
Marriott Vacations Worldwide is headquartered in Orlando, United States. It is registered at Orlando, Florida, United States.
Who is the current CEO of Marriott Vacations Worldwide?
Stephen P Weisz is the current CEO of Marriott Vacations Worldwide.
How many employees does Marriott Vacations Worldwide have?
As of Dec 31, 2024, the latest employee count at Marriott Vacations Worldwide is 22,300.
What is the annual revenue of Marriott Vacations Worldwide?
Annual revenue of Marriott Vacations Worldwide is $4.97B as on Dec 31, 2024.
What does Marriott Vacations Worldwide do?
Marriott Vacations Worldwide was established in 1984 and is based in Orlando, United States. Operations are centered in the hospitality sector, where vacation ownership programs and resort management services are offered. Properties are maintained across international locations to support timeshare and fractional ownership models. The company is led by Stephen P. Weisz, who serves as President and CEO. Focus remains on delivering structured vacation experiences for owners.
What products or services does Marriott Vacations Worldwide offer?
Marriott Vacations Worldwide offers Vacation Ownership and Exchange Services.
Is Marriott Vacations Worldwide publicly traded?
Yes, Marriott Vacations Worldwide is publicly traded on NYSE under the ticker symbol VAC.
How many acquisitions has Marriott Vacations Worldwide made?
Marriott Vacations Worldwide has made 3 acquisitions, including Aqua Hotels & Resorts, ILG, and Welk Resorts.
What is Marriott Vacations Worldwide's ticker symbol?
The ticker symbol of Marriott Vacations Worldwide is VAC on NYSE.