Marriott Vacations Worldwide, headquartered in Orlando, Florida, specializes in vacation ownership and management, employing 22,000 people. Its segments include Vacation Ownership and Exchange & Third-Party Management, featuring various licensed brands.
VAC has been in the news recently: MHR Capital Group has initiated construction on a new AC Hotels by Marriott in Kennewick, Washington, which is expected to boost the local economy and improve event facilities. Additionally, Marriott International's short interest rose by 5.88%, with 5.61 million shares sold short, while recent analyst ratings for Diamondrock Hospitality (DRH) showed mixed opinions.
📡️ Consumer Discretionary
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