Marriott Ownership Resorts Inc., founded in 1983 and based in Orlando, Florida, operates as a subsidiary of Marriott International, Inc. The company specializes in timeshare and vacation ownership properties, providing consumers with a flexible and enjoyable way to travel through its extensive portfolio of resort destinations.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| VAC 4.50% 2029-06-15 USDMarriott Ownership Resorts Inc | United States | 2029-06-15 | 4.500 | 5.47 |
| VAC 4.50% 2029-06-15 USDMarriott Ownership Resorts Inc | United States | 2029-06-15 | 4.500 | 5.56 |
| VAC 4.75% 2028-01-15 USDMarriott Ownership Resorts Inc | United States | 2028-01-15 | 4.750 | 5.38 |
| VAC 4.75% 2028-01-15 USDMarriott Ownership Resorts Inc | United States | 2028-01-15 | 4.750 | 5.50 |
| VAC 4.75% 2028-01-15 USDMarriott Ownership Resorts Inc | United States | 2028-01-15 | 4.750 | 5.57 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Marriott Ownership Resorts has actively engaged in bond issuances to finance its operations and expansion. Notably, the company began offering bonds in the early 2000s, providing retail investors with opportunities tied to the growing timeshare market. One significant issuance occurred in 2018, when they launched a $500 million bond to refinance existing debt, with current yields positioned competitively within the industry. The bonds typically feature unique terms related to vacation ownership, further attracting a niche investor base.