Marriott Vacations Worldwide — Third Quarter 2026 Earnings Summary

Marriott Vacations Worldwide reported third-quarter 2026 contract sales of $565 million, a 29% increase year-over-year, while vacation per guest (VPG) rose 30% to $4,822. Net income attributable to common stockholders reached $82 million, compared to a $2 million loss in the prior year, driven by a 97% increase in development profit to $142 million. Adjusted EBITDA grew 27% to $216 million, and the company raised its full-year 2026 guidance for contract sales to a midpoint of $2,130 million and adjusted EBITDA to $820 million. These results reflect strong sales execution and operational discipline, despite an estimated $16 million adverse impact from Hurricane Lowell.