Marriott Vacations Worldwide third quarter 2026 contract sales surged 29% as VPG reached record levels

Marriott Vacations Worldwide reported strong financial growth for the third quarter 2026, with revenue excluding cost reimbursements increasing 14% to $921 million. The results were driven by substantive momentum in sales execution and the continued success of transformation strategies implemented earlier in the year.

Key Highlights

• Contract sales increased 29% year-over-year to $565 million, fueled by higher transaction sizes and improved sales connection rates.
• Volume Per Guest (VPG) reached an industry-leading $4,822, representing a 30% increase compared to the same period last year.
• Development profit surged 97% to $142 million, while vacation ownership segment margins expanded by 710 basis points to 25.7%.
• Adjusted EBITDA rose 27% to $216 million, prompting the company to raise its full-year 2026 Adjusted EBITDA guidance midpoint to $820 million despite a $16 million hurricane-related impact.