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: Marriott International is set to acquire citizenM for $355 million to enhance its luxury lifestyle offerings and expand its hotel portfolio, which currently includes 36 properties worldwide. Additionally, KSL Capital Partners has purchased the 5-star JW Marriott Venice Resort & Spa, further strengthening its travel and leisure investments.
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