Wyndham Vacation Ownership, the world's largest
vacation ownership company and member of the Wyndham Worldwide family of companies (NYSE: WYN),...
Vacation Ownership company from the Orlando area is currently seeking: Human Resources Coordinator Position Summary: APPLICANTS MUST HAVE PREVIOUS EXPERIENCE MANAGING DAY TO DAY OPERATIONS OF LARGE...
** Wyndham Orlando Florida ~ Custodian Maintenance Tech II \ (CMP \) ** ** Description ** Wyndham Vacation Ownership is the world's largest
vacation ownership company with an impressive list of world...
Wyndham Vacation Ownership is the world's largest
vacation ownership company with an impressive list of world - renowned destinations - nearly 200 resorts, 700...
Wyndham Vacation Ownership is the world's largest
vacation ownership company with an impressive list of world - renowned destinations...
With the opening of The Royal Haciendas ® at the heart of the Riviera Maya in 2006, the Cancun - based
vacation ownership company Royal Resorts ® expanded its operations in the Mexican Caribbean.
Operating as a mixed - use property, Wyndham Hotel Melbourne provides accommodations for both Wyndham Hotel Group guests and vacation owners with 86 apartments through WorldMark South Pacific Club by Wyndham, part of sister company Wyndham Vacation Resorts Asia Pacific, Australia's largest
vacation ownership company.
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.
ORLANDO, Fla. — July 26, 2012 — Today, Marriott Vacations Worldwide Corporation (NYSE: VAC), the leading global pure - play
vacation ownership company, reported second quarter 2012 financial results and updated the company's full - year outlook for 2012 based upon continued positive trends in its key North America segment.
The only
vacation ownership company to make the publication's «Best Places to Work» list, Marriott Vacations Worldwide was one of 24 Orlando employers that drew rave reviews from its workers.
ORLANDO, Fla. — May 3, 2012 — Today, Marriott Vacations Worldwide Corporation (NYSE: VAC), the leading global pure - play
vacation ownership company, reported first quarter 2012 financial results and reaffirmed the company's full - year outlook for 2012 based upon positive trends in important North America metrics to date.
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 more than 60 resorts and more than 420,000 Owners and Members.
ORLANDO, Fla. — Oct. 18, 2012 — Today, Marriott Vacations Worldwide Corporation (NYSE: VAC), the leading global pure - play
vacation ownership company, reported third quarter 2012 financial results and updated the company's full - year guidance for 2012 based upon continued positive trends in its North America segment.
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.
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 62 resorts.
About Marriott Vacations Worldwide Corporation Marriott Vacations Worldwide Corporation is a leading global pure - play
vacation ownership company.
About Marriott Vacations Worldwide Corporation Marriott Vacations Worldwide Corporation is the leading global pure - play
vacation ownership company.
Today, Marriott Vacations Worldwide Corporation (NYSE: VAC), the leading global pure - play
vacation ownership company, reported first quarter 2012 financial results and reaffirmed the company's full - year outlook for 2012 based upon positive trends in important North America metrics to date.
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.
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.
• Bluegreen Vacations Corporation (NYSE: BXG), a Boca Raton, Fla. - based
vacation ownership company, today acquired The Éilan Hotel and Spa in San Antonio, Texas for approximately $ 34.3 million.
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.
About Marriott Vacations Worldwide Corporation Marriott Vacations Worldwide Corporation is one of the leading global pure - play
vacation ownership companies.
Not exact matches
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.
The
company will split into Wyndham Hotel Group, based in Parsippany, New Jersey, and Wyndham
Vacation Ownership, headquartered in Orlando, Florida, the
company said Wednesday.
The combined
company will have the rights to develop, market and sell under the Hyatt
Vacation Ownership programs.
The combined
company will have 108 properties and seven upscale brands including ILG's Hyatt, Westin and Sheraton
vacation ownership brands, giving it more scale to compete with Hilton Grand
Vacations Inc and Bluegreen
Vacations Corp.
In late 2011, Marriott
Vacations Worldwide was established as an independent, public
company focusing primarily on
vacation ownership experiences.
Leading upper - upscale and luxury
vacation ownership and exchange
company will have over 100
vacation properties around the world and approximately 650,000 owners
Total
company vacation ownership contract sales were $ 166.0 million, $ 0.1 million higher than the second quarter of last year.
In late 2011, Marriott
Vacations Worldwide was established as a separate, public
company focusing primarily on
vacation ownership experiences.
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.
Through a Spin - Off in late 2011, Marriott
Vacations Worldwide was established as a separate, public
company focusing primarily on
vacation ownership experiences.
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.
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.
In addition, the
company aligned its assessment of collectibility of the transaction price for sales of
vacation ownership products with its credit granting policies.
Third Quarter 2014 Results Total
company contract sales were $ 172 million, a $ 4 million increase from $ 168 million in the third quarter of 2013, driven by $ 3 million of higher
vacation ownership contract sales in the
company's North America segment, $ 2 million of higher contract sales in the
company's Europe segment and $ 1 million of higher contract sales in the
company's Asia Pacific segment, partially offset by $ 2 million of lower residential contract sales in the
company's North America segment.
Through a spin - off in late 2011, Marriott
Vacations Worldwide was established as a separate, public
company focusing primarily on
vacation ownership experiences.
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.
In June, the
company completed a securitization of a pool of approximately $ 23.8 million of primarily highly - seasoned
vacation ownership notes receivable that the
company had previously classified as not being eligible for securitization, at a weighted average interest rate of 6.25 percent and an advance rate of 95 percent.
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.
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.
As of June 20, 2014, the
company had $ 197 million in available capacity under its revolving credit facility after taking into account outstanding letters of credit and had approximately $ 170 million of gross
vacation ownership notes receivable eligible for securitization.
Excluding the impact of the extra week in 2013, total
company contract sales increased $ 14 million, or 7 percent, driven by $ 18 million, or 10 percent, of higher
vacation ownership contract sales in the
company's North America segment, partially offset by $ 4 million of lower residential contract sales in the
company's North America segment.
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.
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.
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.
The
company cautions you that these statements are not guarantees of future performance and are subject to numerous risks and uncertainties, including volatility in the economy and the credit markets, supply and demand changes for
vacation ownership and residential products, competitive conditions; the availability of capital to finance growth, and other matters referred to under the heading «Risk Factors» contained in the
company's most recent Annual Report on Form 10 - K filed with the U.S Securities and Exchange Commission (the «SEC») and in subsequent SEC filings, any of which could cause actual results to differ materially from those expressed in or implied in this press release.
Starwood recently announced plans to spin off its Starwood
Vacation Ownership, Inc. business, a premier provider of world - class vacation experiences through villa - style resorts and privileged access to Starwood brands, into a standalone public company by the end
Vacation Ownership, Inc. business, a premier provider of world - class
vacation experiences through villa - style resorts and privileged access to Starwood brands, into a standalone public company by the end
vacation experiences through villa - style resorts and privileged access to Starwood brands, into a standalone public
company by the end of 2015.
When our spin - off from Marriott International is complete, we expect to be the world's largest
company whose business is focused almost entirely on
vacation ownership, based on number of owners, number of resorts and revenues.