Marriott Vacations Worldwide VAC Management and exchange — Expenses

Other product segments

Similar metrics at other companies

HGVProperty management expense — Expenses

$37M+8.8%

HGVResort and club management — Expenses

$59M+9.3%

TNLVacation Ownership — Property management expense

$173M0.0%

HGVClub expense — Expenses

$22M+10.0%

HGVResort Operations and Club Management Segment — Expenses

$275M+5.8%

TNLTravel and Membership — Property management expense

$0—

Questions, answered.

What is Marriott Vacations Worldwide's management and exchange — expenses?

Marriott Vacations Worldwide (VAC) reported management and exchange — expenses of $120M in Q1 2026.

How has Marriott Vacations Worldwide's management and exchange — expenses changed year-over-year?

Marriott Vacations Worldwide's management and exchange — expenses increased by 2.6% year-over-year, from $117M to $120M.

What is the long-term trend for Marriott Vacations Worldwide's management and exchange — expenses?

Over 4 years (2021 to 2025), Marriott Vacations Worldwide's management and exchange — expenses has grown at a -2.2% compound annual growth rate (CAGR), from $521M to $476M.

What does management and exchange — expenses mean?

This metric captures the total operating costs and overhead associated with delivering management and exchange services to vacation ownership properties. It includes expenses related to resort operations, member services, and the administrative infrastructure required to support the exchange network. Monitoring this metric helps assess the operational efficiency and cost structure of the company's service-oriented business segment.