News & Events zu Marriott Vacations Worldwide Corp (VAC)VACMarriott Vacations Worldwide Corp

Marriott Vacations Appoints Heena Patel as Chief Revenue Management Officer

Marriott Vacations "announced the appointment of Heena Patel as Chief Revenue Management Officer, a newly created role and member of the company's Executive Leadership Team. Patel will report to Mike Flaskey, President and Chief Operating Officer. Patel brings more than 25 years of leadership experience spanning hospitality operations, revenue management, inventory strategy, digital commerce and business transformation. Most recently, she served as Senior Vice President, Rental Operations, Digital Marketing & Commerce at Travel + Leisure Co."

Company Reports Q2 Revenue of $1.32B, Beating Expectations

Reports revenue $1.32B, consensus $1.29B. "Our second quarter results demonstrate the strong progress we have made this year, with VPG improving 23% year over year and contract sales growing 22%. This was driven by the power of our brands, our strategy, and the execution by our associates," said Matt Avril, Chief Executive Officer. "Our raised guidance reflects our focus on driving continued contract sales growth and increasing Adjusted EBITDA. We also remain committed to delivering best-in-class hospitality experiences for our owners, members, and guests."

Marriott Vacation Clubs Launches Exclusive Experience Platform Inner Circle

The Marriott Vacation Clubs launched Inner Circle presented by Aflac, a new owner-exclusive experiences platform offering access to private concerts, culinary programming, sporting events and curated travel moments across sought-after destinations. As travelers increasingly prioritize experiences and meaningful access, Inner Circle reflects growing demand for entertainment, culinary and cultural offerings that extend beyond the traditional vacation stay. The platform will provide owners across Marriott Vacation Club, Westin Vacation Club and Sheraton Vacation Club with entry to private concerts, chef-led dining offerings, major sporting events and destination-based cultural programming. The platform debuted with an intimate private performance from award-winning country music singer and songwriter Lee Brice in Orlando, giving owners exclusive admission to a live concert event designed to showcase the elevated programming offered through Inner Circle. As a brand ambassador for The Marriott Vacation Clubs, Brice will host additional private concerts this year in Orlando, Las Vegas and West Palm Beach, exclusively available to owners.