Marriott Vacations Worldwide Projects 200% Cash Flow Surge

Marriott Vacations Worldwide projected a 200% surge in adjusted free cash flow for 2026 during an investor presentation on August 6. The company expects cash flow to reach between $410 million and $460 million, a significant increase from the $145 million reported in 2025.

Financial forecasts include an 11% growth in adjusted EBITDA to between $805 million and $830 million, while contract sales are expected to rise 19% to reach a range of $2,080 million to $2,115 million. The company's stock rose 16.47% to $118.50 following these projections and strong second-quarter results.

To achieve these targets, the company is launching six commercial initiatives to increase tours and contract sales by leveraging loyalty databases from Marriott Bonvoy and World of Hyatt. Management also plans to generate $200 million through the sale of non-core assets by the end of 2027. Further profitability gains are expected from a refined Asia-Pacific strategy and reductions in overhead and inventory spending.