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Marriott Vacations Worldwide ( MVW ) Reports First Quarter 2021 Financial Results
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ORLANDO, Fla., May 5, 2021 /PRNewswire/ Marriott Vacations Worldwide Corporation (NYSE: VAC) today reported first quarter 2021 financial results. The past year has reminded us what is really important in life
– family, experiences, and togetherness, all the things that travel offers. As a company whose products enable these unique and memorable occasions, it s been gratifying to see more and more people at our resorts this year, illustrating the desire of our customers to get back on vacation, said Stephen P. Weisz, chief executive officer. Our results this quarter are evidence of the continued recovery in our business and the resiliency of our business model. We generated $226 million in contract sales in the first quarter, a 27% sequential increase, and currently expect contract sales to increase to $320 million to $340 million i