Welcome to our dedicated page for Marriott Vacations Worldwide C news (Ticker: VAC), a resource for investors and traders seeking the latest updates and insights on Marriott Vacations Worldwide C stock.
Marriott Vacations Worldwide Corp (NYSE: VAC) provides premium vacation ownership experiences through its globally recognized resort brands. This news hub offers investors and industry observers a centralized source for official updates and market developments related to the company's operations.
Track critical announcements including quarterly earnings reports, strategic partnerships, and resort network expansions. Our curated collection simplifies monitoring of operational milestones in vacation ownership programs and exchange management services.
Key coverage areas include innovations in timeshare financing, property portfolio growth, and leadership updates. Stay informed about regulatory developments affecting the leisure industry and VAC's responses to market trends.
Bookmark this page for streamlined access to Marriott Vacations Worldwide's latest corporate communications. Regular updates ensure you maintain current awareness of this hospitality leader's market position and strategic initiatives.
Marriott Vacations Worldwide reported its first quarter 2024 financial results, showing a 1% decrease in consolidated Vacation Ownership contract sales to $428 million compared to the first quarter of 2023. The net income attributable to common stockholders was $47 million, a decline from $87 million in the prior year. Adjusted EBITDA decreased by 8% to $187 million. Despite challenges due to the impact of the Maui wildfires, the company remains optimistic about the future and reaffirms its full-year contract sales and Adjusted EBITDA guidance.
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