Marriott Vacations Worldwide introduced The Marriott Vacation Clubs City Collection, featuring branded properties in seven cities with plans for expansion to other urban areas, including the addition of two Westin Vacation Club properties.
Think beyond the beach. Marriott Vacations Worldwide is shaking up the timeshare game by debuting a City Collection of properties in response to growing demand.
It's not wholly surprising that Michael Brown, CEO of Travel and Leisure Co., topped the list of compensation among the top bosses of timeshare operators. His company led its peers in revenue and net income last year.
In a financial update, Hilton Grand Vacations (HGV) showcased its sector leadership with a revenue of $3.978 billion last year. Rivals Travel and Leisure Co. and Marriott Vacations Worldwide continued to see resilient sales, too.
Through its extensive research and advocacy efforts, the American Resort Development Association (ARDA) has played a pivotal role in shaping today's timeshare experience, enhancing its flexibility and accessibility while paving the way for a promising future.
The vacation exchange business is significant for Travel + Leisure. So the company is focused on reversing years of dwindling growth with marketing dollars and different inventory.