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Marriott Vacations Worldwide Corporation is a pure-play public timeshare company. [2] Formerly a division of Marriott International , Marriott Vacations Worldwide was established as a separate, publicly traded entity focusing primarily on vacation ownership in November 2011. [ 3 ]
Timeshare company Marriott Vacations Worldwide, which split from Marriott International in 2011, plans to save $50 to $100 million annually over the next two years, in part through automation efforts.
Marriott International, Inc. is an American multinational company that operates, franchises, and licenses lodging brands that include hotel, residential, and timeshare properties. [1] [2] Marriott International owns over 36 hotel and timeshare brands with 9,000 locations and 1,597,380 rooms across its network (as of 2023). [3]
Marriott Vacation Club is the primary timeshare brand of Marriott Vacations Worldwide Corporation. The brand comprises around 70 Marriott Vacation Club properties throughout the United States, Caribbean, Central America, Europe, and Asia. Marriott Vacation Club resorts consist of one, two, and three-bedroom villas, [1] with more than 400,000 ...
ILG, Inc. is an American timeshare company and a subsidiary of Marriott Vacations Worldwide. It was formerly a subsidiary of the corporation IAC. ILG is the parent company of Interval International, a provider of membership and leisure services to the vacation industry. ILG consists of two operating segments: membership and exchange.
The Marriott Corporation ended its existence as a single company in 1993, when it was split into two separate entities: [29] 1) Marriott International Corporation, which operated the hotel and lodging aspect of the business and Marriott Vacation Club International, and 2) Host Marriott Corporation, the new name for the original Marriott ...
Westin Hotels & Resorts is an American upscale hotel chain owned by Marriott International. As of June 30, 2020 [update] , the Westin Brand has 226 properties with 82,608 rooms in multiple countries in addition to 58 hotels with 15,741 rooms in the pipeline.
In 2021, Welk Resort Group entered into an agreement to be acquired by Marriott Vacations Worldwide Corporation for $430 million. The acquisition is expected to close in the second quarter of 2021, at the close of the deal all Welk Resort properties will be rebranded Hyatt Residence Club properties. [7]