Marriott Vacations Worldwide Corporation, a vacation company, engages in the vacation ownership, exchange, rental, and resort and property management businesses in the United States and internationally. The company operates in two segments, Vacation Ownership and Exchange & Third-Party Management. It develops, markets, sells, and manages vacation ownership and related products under the Marriott Vacation Club, Grand Residences by Marriott, Sheraton Vacation Club, Westin Vacation Club, Hyatt Vacation Club, and Ritz-Carlton Club brands; and holds non-exclusive right to develop, market, and sell whole ownership residential products under the Ritz-Carlton Residences brand name, as well as has a license to use the St. Regis brand for specified fractional ownership products. The company also offers exchange network and membership programs, as well as management services to other resorts and lodging properties through its Interval International and Aqua-Aston businesses. In addition, it provides financing consumer purchases of vacation ownership products; and renting vacation ownership inventory. The company sells its upper upscale tier vacation ownership products under its brands primarily through a network of resort-based sales centers and certain off-site sales locations. Marriott Vacations Worldwide Corporation was founded in 1984 and is headquartered in Orlando, Florida.
Financial Resilience | Marriott Vacations Worldwide outperforms expectations with $185M Q4 EBITDA, projecting FY2025 EBITDA of $750M-$780M amid strategic growth initiatives |
Cost-Cutting Catalyst | Delve into VAC's ambitious cost savings program, targeting $100M-$150M in additional savings by 2027 through workforce optimization and technology investments |
Market Positioning | Explore VAC's competitive edge in the vacation ownership market, leveraging its strong brand presence despite operating credibility challenges |
Investor Outlook | Analysts maintain cautious optimism with price targets ranging from $88 to $115, citing VAC's attractive valuation at 5.8x 2025E EV/EBITDA versus peer average of 6.7x |
Metrics to compare | VAC | Sector Sector - Average of metrics from a broad group of related Consumer Cyclicals sector companies | Relationship RelationshipVACPeersSector | |
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P/E Ratio | 10.5x | 16.0x | 11.3x | |
PEG Ratio | 0.18 | −0.35 | 0.02 | |
Price/Book | 1.1x | 2.4x | 1.4x | |
Price / LTM Sales | 0.8x | 1.5x | 1.0x | |
Upside (Analyst Target) | 14.5% | 7.9% | 16.2% | |
Fair Value Upside | Unlock | 4.5% | 7.9% | Unlock |