Marriott Vacations Worldwide VAC Cancun, Mexico — Gain on disposal
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Where this comes from
Reported directly by Marriott Vacations Worldwide in its filing.
Tagged under the XBRL concept us-gaap:DisposalGroupNotDiscontinuedOperationGainLossOnDisposal.
The source filing: Marriott Vacations Worldwide’s 10-Q, filed May 5, 2026.
- Filed
- May 5, 2026, 10:30 AM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001524358-26-000022
During the first quarter of 2026, we disposed of an entity that owned and operated a Vacation Ownership segment hotel in Cancun, Mexico, for proceeds of $50 million, consistent with our strategy to monetize non-core assets. The net carrying value of the entity disposed of, as of the date of the disposition, was $50 million, the majority of which was comprised of property and equipment that was recorded in Other Assets on our balance sheet. As a result of this disposition, we recorded a gain of $2 million in Gains and other income, net on our Income Statements for the three months ended March 31, 2026, which related to the realization of cumulative foreign currency translation gains.
Item 1. Financial Statements
FAQ
- What is Marriott Vacations Worldwide's cancun, mexico — gain on disposal?
- Marriott Vacations Worldwide (VAC) reported cancun, mexico — gain on disposal of $2M in Q1 2026.
- What does cancun, mexico — gain on disposal mean?
- This metric quantifies the accounting profit realized from the sale of assets or business units located in the Cancun, Mexico region, calculated as the excess of proceeds over the carrying value of the disposed assets. It indicates the effectiveness of the company's regional divestment strategy and the historical appreciation or valuation accuracy of its local property holdings. A positive gain reflects successful asset management and value realization within the specific geographic segment.
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