Massanutten Resort (Four - Season Resort), McGaheysville • VA 2009 — 2010 In House Sales Representative Performed face - to - face sales for owners
of vacation ownership and upgrades.
Marriott offers dozens of resorts worldwide, with thousands
of vacation ownership opportunities available.
Are you looking for the best
of vacation ownership?
This type
of vacation ownership is perfect for those looking for a home away from home.
Another benefit
of vacation ownership at Oyster Bay is the ability to exchange your week at Oyster Bay with another week at one of Interval International's 2,000 high - quality resorts within their exchange network.
Under the terms of the proposed deal, Starwood stockholders would also receive consideration in the form of Interval Leisure Group common stock from the previously announced spin - off
of its vacation ownership business, Vistana Signature Experiences.
A Mini Vacation is the perfect way for new guests to experience DiamondHead Beach Resort and learn about the benefits
of vacation ownership.
worldwide developer, marketer, seller and manager
of vacation ownership resorts and vacation club, destination club and exchange programs, principally under the «Marriott» and «Ritz - Carlton» brands and trademarks, which we license from Marriott International and Ritz - Carlton.
We generate most of our revenues from four primary sources: selling vacation ownership products; managing our resorts; financing consumer purchases
of vacation ownership products; and renting vacation ownership inventory.
Marriott Vacations Worldwide will be the exclusive developer and manager
of vacation ownership and related products under the Marriott brand and the exclusive developer
of vacation ownership and related products under the Ritz - Carlton brand.
Revenue from the sale
of vacation ownership products increased $ 5 million to $ 122 million in the second quarter, driven mainly by the $ 13 million increase in contract sales, partially offset by $ 9 million of unfavorable year - over-year revenue reportability.
Outlook For the full year 2012, the company is increasing its adjusted free cash flow guidance to reflect the favorable terms of the notes receivable securitization, the impact of lower financing propensity which results in a higher percentage of cash sales as compared to financed sales
of vacation ownership products, as well as reduced real estate inventory needs.
On June 28, 2012, subsequent to the end of the second quarter, the company completed its first securitization
of vacation ownership loans as an independent public company, securitizing $ 250 million
of vacation ownership notes receivable at a weighted average interest rate of 2.625 percent and an advance rate of 95 percent.
The company had $ 714 million in corporate level debt outstanding at quarter - end, a decline of $ 136 million from year - end 2011, including $ 608 million in non-recourse securitized notes payable and $ 103 million drawn on its $ 300 million warehouse credit facility, which was repaid subsequent to the end of the second quarter with proceeds from the company's securitization of $ 250 million
of vacation ownership notes receivable.
These results reflected lower cost
of vacation ownership products sold as well as improvements in marketing and sales costs, partially offset by the decrease in revenue from lower contract sales.
On June 28, 2012, subsequent to the end of the second quarter, the company completed its first securitization
of vacation ownership notes receivable as an independent public company securitizing $ 250 million of notes at a weighted average interest rate of 2.625 percent and a 95 percent advance rate.
In October the company completed a securitization of $ 250 million
of vacation ownership loans at a weighted average interest rate of 2.29 percent and an advance rate of 96 percent.
In October, the company completed a securitization of $ 250 million
of vacation ownership notes receivable at a weighted average interest rate of 2.29 percent and an advance rate of 96 percent.
Total revenues declined $ 1 million to $ 21 million, primarily reflecting lower revenues from the sale
of vacation ownership products.
In addition, the company aligned its assessment of collectibility of the transaction price for sales
of vacation ownership products with its credit granting policies.
This increase was driven by higher total company contract sales, higher revenue reportability year - over-year, lower cost
of vacation ownership products and lower marketing and sales expenses as a percentage of revenue.
ORLANDO, Fla. — August 17, 2017 - Marriott Vacations Worldwide Corporation (NYSE: VAC) announced today the completion of a securitization of a pool of approximately $ 361 million
of vacation ownership loans.
These increases were partially offset by lower revenue from the sale
of vacation ownership products primarily due to revenue reportability and lower financing revenues from lower interest income on a declining notes receivable portfolio.
Revenues from the sale
of vacation ownership products, net of expenses, were $ 12 million, $ 5 million lower than the first quarter of 2011 on an adjusted basis and $ 3 million lower than the first quarter of 2011 on an as reported basis, primarily from the impact of revenue reportability.
This increase was driven by higher contract sales, higher revenue reportability year - over-year and lower cost
of vacation ownership products.
Total revenues in this segment declined $ 2 million to $ 18 million reflecting lower revenues from the sale
of vacation ownership products.
As of March 22, 2013, the company had $ 194 million in available capacity under its revolving credit facility after taking into account outstanding letters of credit and had $ 89 million
of vacation ownership notes receivable eligible for securitization.
«We also made significant progress toward improving our margin on the sale
of vacation ownership products, or what we call development margin, and are well on our way toward our targeted development margin of over 12 percent for the year.
Revenues from the sale
of vacation ownership products increased $ 12 million to $ 126 million in the first quarter, driven mainly by the $ 9 million increase in contract sales and $ 3 million of higher year - over-year revenue reportability.
ORLANDO, Fla. — August 15, 2016 — Marriott Vacations Worldwide Corporation (NYSE: VAC) announced today the completion of a securitization of a pool of approximately $ 259 million
of vacation ownership loans.
Not exact matches
About Marriott
Vacations Worldwide Corporation Marriott
Vacations Worldwide Corporation is a leading global pure - play
vacation ownership company, offering a diverse portfolio
of quality products, programs and management expertise with over 65 resorts.
Since entering the industry in 1984 as part
of Marriott International, Inc., the company earned its position as a leader and innovator in
vacation ownership products.
• Tritium Partners made an investment
of an undisclosed amount in
Vacation Innovations LLC, an Orlando, Fla. - based provider of secondary - market services and marketplace solutions for the vacation ownership i
Vacation Innovations LLC, an Orlando, Fla. - based provider
of secondary - market services and marketplace solutions for the
vacation ownership i
vacation ownership industry.
«A spinoff
of the hotel business and the combination
of Wyndham
Vacation Ownership with RCI is the best structure to unlock shareholder value and enable strong growth across the businesses,» Stephen Holmes, chairman and chief executive officer
of Wyndham Worldwide, said in a statement.
«Getting promoted before leaving for
vacation gives them a chance to take emotional
ownership of the new role.
I gathered data for both groups regarding their careers / employment, the percentage born to wealth, poverty or the middle - class, spending habits, academic performance, education, perceptions
of wealth / poverty, various health data, inherited money data, gambling habits, home
ownership, car
ownership, reading habits, relationship management, savings habits, self - improvement habits, time management habits, beliefs,
vacation habits, volunteering habits, networking habits, voting habits and work - related data.
Marriott's Bali Nusa Dua Gardens — Marriott
Vacation Club's all - new vacation ownership escape — is now open on the island
Vacation Club's all - new
vacation ownership escape — is now open on the island
vacation ownership escape — is now open on the island
of Bali.
«With ILG, we will bring together six world - class
vacation ownership brands under one licensing relationship with Marriott International, which will enable us to leverage high - value marketing and sales channels, including those provided by Marriott International's platforms, and enhance the benefits
of our access to Marriott International's loyalty programs, call transfer and hotel linkage programs.
About Marriott
Vacations Worldwide Corporation Marriott
Vacations Worldwide Corporation is the leading global pure - play
vacation ownership company offering a diverse portfolio
of quality products, programs and management expertise with more than 60 resorts and more than 420,000 Owners and Members.
Additionally, owning Marriott
Vacation Club, Vistana Signature Experiences and Hyatt
Vacation Ownership, which on a combined basis represent over 50 %
of the corporate members
of Interval International, will provide increased stability
of cash flows from this business.
Marriott
Vacation Club, a global leader in vacation ownership and brand segment of Marriott Vacations Worldwide (NYSE: VAC), announced today that Owners and guests can make reservations at its newest property, Marriott Vacation Club, San Diego, through the Marriott Vacation Club DestinationsTM Exchange Program for arrivals beginning
Vacation Club, a global leader in
vacation ownership and brand segment of Marriott Vacations Worldwide (NYSE: VAC), announced today that Owners and guests can make reservations at its newest property, Marriott Vacation Club, San Diego, through the Marriott Vacation Club DestinationsTM Exchange Program for arrivals beginning
vacation ownership and brand segment
of Marriott
Vacations Worldwide (NYSE: VAC), announced today that Owners and guests can make reservations at its newest property, Marriott
Vacation Club, San Diego, through the Marriott Vacation Club DestinationsTM Exchange Program for arrivals beginning
Vacation Club, San Diego, through the Marriott
Vacation Club DestinationsTM Exchange Program for arrivals beginning
Vacation Club DestinationsTM Exchange Program for arrivals beginning July 1.
ORLANDO, FL., Nov. 22, 2011 — Marriott
Vacations Worldwide Corporation (NYSE: VAC), the leading global pure - play
vacation ownership company, begins regular way trading today following its spin - off from Marriott International, Inc. (NYSE: MAR) with a one - for - 10 distribution
of Marriott
Vacations Worldwide shares to Marriott International shareholders on November 21, 2011.
Marriott
Vacation Club, a global leader in vacation ownership, has completed the sale of the hotel component of the Surfers Paradise Marriott Resort & Spa in Queensland, Australia to Bensonlily Surfers Paradise Pty Ltd for a gross sale price of $ 70 million AUD (approximately $ 50 million USD at current exchange
Vacation Club, a global leader in
vacation ownership, has completed the sale of the hotel component of the Surfers Paradise Marriott Resort & Spa in Queensland, Australia to Bensonlily Surfers Paradise Pty Ltd for a gross sale price of $ 70 million AUD (approximately $ 50 million USD at current exchange
vacation ownership, has completed the sale
of the hotel component
of the Surfers Paradise Marriott Resort & Spa in Queensland, Australia to Bensonlily Surfers Paradise Pty Ltd for a gross sale price
of $ 70 million AUD (approximately $ 50 million USD at current exchange rates).
Marriott
Vacation Club is a global leader in vacation ownership with a diverse portfolio of more than 55 resorts and more than 12,300 timeshare villas and other accommodations throughout the U.S., Caribbean, Europe a
Vacation Club is a global leader in
vacation ownership with a diverse portfolio of more than 55 resorts and more than 12,300 timeshare villas and other accommodations throughout the U.S., Caribbean, Europe a
vacation ownership with a diverse portfolio
of more than 55 resorts and more than 12,300 timeshare villas and other accommodations throughout the U.S., Caribbean, Europe and Asia.
Marriott
Vacation Club (MVC), the vacation ownership brand of Marriott Vacations Worldwide Corporation, (NYSE: VAC), proudly celebrates 30 years of preserving one of the oldest family traditions — the family v
Vacation Club (MVC), the
vacation ownership brand of Marriott Vacations Worldwide Corporation, (NYSE: VAC), proudly celebrates 30 years of preserving one of the oldest family traditions — the family v
vacation ownership brand
of Marriott
Vacations Worldwide Corporation, (NYSE: VAC), proudly celebrates 30 years
of preserving one
of the oldest family traditions — the family
vacationvacation.
Marriott
Vacation Club, a global leader in timeshare vacation ownership, announced today that it has finalized the purchase of the iconic Surfers Paradise Marriott Resort & Spa Gold Coast, Au
Vacation Club, a global leader in timeshare
vacation ownership, announced today that it has finalized the purchase of the iconic Surfers Paradise Marriott Resort & Spa Gold Coast, Au
vacation ownership, announced today that it has finalized the purchase
of the iconic Surfers Paradise Marriott Resort & Spa Gold Coast, Australia.
Marriott
Vacation Club, a global leader in vacation ownership and brand segment of Marriott Vacations Worldwide (NYSE: VAC), announced today that it purchased the historic property known as The Edgewater Hotel in South Beach, Miami for $ 23.5
Vacation Club, a global leader in
vacation ownership and brand segment of Marriott Vacations Worldwide (NYSE: VAC), announced today that it purchased the historic property known as The Edgewater Hotel in South Beach, Miami for $ 23.5
vacation ownership and brand segment
of Marriott
Vacations Worldwide (NYSE: VAC), announced today that it purchased the historic property known as The Edgewater Hotel in South Beach, Miami for $ 23.5 million.
Total company
vacation ownership contract sales were $ 166.0 million, $ 0.1 million higher than the second quarter
of last year.
Marriott
Vacation Club, a global leader in vacation ownership, announced today it has purchased 71 rooms in The Mayflower Hotel in Washington, D.C. and plans to make them part of its Marriott Vacation Club vacation ownership
Vacation Club, a global leader in
vacation ownership, announced today it has purchased 71 rooms in The Mayflower Hotel in Washington, D.C. and plans to make them part of its Marriott Vacation Club vacation ownership
vacation ownership, announced today it has purchased 71 rooms in The Mayflower Hotel in Washington, D.C. and plans to make them part
of its Marriott
Vacation Club vacation ownership
Vacation Club
vacation ownership
vacation ownership program.
Creates a leading global luxury and upper - upscale
vacation ownership operator with access to world - class loyalty programs and an expanded portfolio
of highly demanded
vacation destinations: Combining MVW and ILG will create a leading global
vacation ownership and exchange company comprising approximately 650,000 owners, seven upper - upscale and luxury brands, over 100
vacation properties and more than 20,000
vacation ownership units around the world.