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Dec 31, 2020
Marriott Vacations Q4 2020 Earnings Report
Reported fourth quarter and full year 2020 financial results, showing recovery in business with sequential growth in occupancy, exchange transactions and contract sales.
Key Takeaways
Marriott Vacations Worldwide reported a net loss attributable to common shareholders of $37 million, or $0.88 loss per fully diluted share, for the fourth quarter of 2020. However, the company saw sequential growth in occupancy and exchange transactions, with contract sales increasing 27% from the third quarter. Adjusted EBITDA was $72 million.
Consolidated Vacation Ownership contract sales totaled $178 million, up 27% sequentially.
Net loss attributable to common shareholders was $37 million, or $0.88 loss per fully diluted share.
Adjusted net loss attributable to common shareholders was $3 million and adjusted fully diluted loss per share was $0.05.
Adjusted EBITDA was $72 million.
Revenue by Segment
Forward Guidance
The Company expects Consolidated Vacation Ownership contract sales to be between $190 million and $210 million in the first quarter of 2021.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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