Name | Value |
---|---|
Revenues | 1,186.0M |
Cost of Revenue | 119.0M |
Gross Profit | 1,067.0M |
Operating Expense | 259.0M |
Operating I/L | 808.0M |
Other Income/Expense | -74.0M |
Interest Income | 36.0M |
Pretax | 18.0M |
Income Tax Expense | -24.0M |
Net Income/Loss | 42.0M |
Marriott Vacations Worldwide Corporation is a vacation company that generates revenue through the development, marketing, sales, and management of vacation ownership and related products. It operates through two segments, Vacation Ownership and Exchange & Third-Party Management, managing vacation ownership under various brands such as Marriott Vacation Club, Sheraton Vacation Club, and The Ritz-Carlton Destination Club. The company also offers exchange networks, membership programs, and management services to other resorts and lodging properties. With approximately 120 properties in the United States and thirteen other countries and territories, the company primarily sells its upscale tier vacation ownership products through resort-based and off-site sales locations.