Marriott Vacations Raises 2026 Adjusted EBITDA Midpoint to $820 Million

Marriott Vacations Worldwide Corporation lifted its 2026 adjusted EBITDA outlook midpoint to $820 million, including $16 million in lost profits tied to Hurricane Lowell, as third-quarter contract sales and adjusted EBITDA grew.

The company also raised its full-year contract-sales guidance midpoint to $2.13 billion. Third-quarter contract sales reached $565 million, up 29% from a year earlier.

Adjusted EBITDA for the quarter totaled $216 million, a 27% increase from $170 million in the same period a year earlier. The company expects adjusted free cash flow of $420 million at the guidance midpoint.

Marriott Vacations had $2.8 billion in net corporate debt, with leverage of 3.6 times.