Marriott Vacations Worldwide ( MVW ) Reports Fourth Quarter and Full Year 2020 Financial Results
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Marriott Vacations Worldwide ( MVW ) Reports Fourth Quarter and Full Year 2020 Financial Results
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
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ORLANDO, Fla., Feb. 4, 2021 /PRNewswire/ Marriott Vacations Worldwide Corporation (NYSE: VAC) will report financial results for the fourth quarter and full-year 2020 after the market closes on Wednesday, February 24, 2021. A conference call is scheduled to follow at 8:30 a.m. ET on Thursday, February 25, 2021 to discuss the company s results.
Participants may access the call by dialing (877) 407-8289 or (201) 689-8341 for international callers. A live webcast of the call will also be available in the Investor Relations section of the company s website at ir.mvwc.com.
Investors will be able to access an audio replay of the conference call at ir.mvwc.com from 10:00 a.m. on February 25 until 10:00 p.m. on March 25, 2021. To access the replay, dial (877) 660-6853 or (201) 612-7415 for international callers. The conference ID for the recording is 13716080.
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After more than a half-century of family ownership, the Welk Resorts portfolio, including the original Escondido location, is being sold to Marriott Vacations Worldwide Corporation for $430 million.
Once the still pending sale is finalized by early in the second quarter Marriott says it plans to rebrand the Welk vacation resorts in California, Colorado, Missouri, New Mexico and Cabo San Lucas as Hyatt Residence Club properties. The purchase price includes roughly 1.4 million Marriott Vacations common shares.
The acquisition represents a major milestone for a company started 57 years ago by the late television bandleader Lawrence Welk, whose hospitality empire took root in 1964 when he was driving through rural Escondido and noticed a 100-space mobile home park and an adjacent nine-hole golf course with a clubhouse, 60-seat restaurant and a four-room motel.