Marriott Vacations Worldwide investor relations material

Marriott Vacations Worldwide Corporation operates in two business segments: the Ownership segment, which presents Hilton Grand Vacations, and the Exchange & Third-Party Management segment. It also includes vacation ownership businesses that are not owned or operated by Marriott Vacations Worldwide (Vacation Ownership); and exchange businesses that facilitate exchanges of vacation ownership interests with other owners and third parties (Exchange). The company's vacation ownership model comprises a portfolio of vacation ownership resorts located in prime resort destinations throughout the world. It offers fractional, deeded, and exchange programs branded under its Hilton Grand Vacations, Marriott Vacation Club, Autograph Collection Resorts, AC Hotels by Marriott, Renaissance Hotels & Resorts and Moxy Hotels & Resorts brands.