Marriott Vacation Club is the primary timeshare brand of Marriott Vacations Worldwide Corporation. The brand comprises around 70 Marriott Vacation Club properties throughout the United States, Caribbean, Central America, Europe, and Asia. Marriott Vacation Club resorts consist of one, two, and three-bedroom villas, with more than 400,000 owners. Marriott Ownership Resorts, Inc. was established in 1984 (on April 17) on Hilton Head Island, South Carolina with the acquisition of American Resorts and its 184 villas on Hilton Head Island, which later became the Marriott's Monarch at Sea Pines resort. In 1987, Marriott Rewards (introduced in 1983) started a partnership with the Marriott Ownership Resorts. In 1990, Marriott begins an exchange partnership with Interval International (ILG, Inc.), allowing Owners to trade weeks at their home resort for access to other resort destinations worldwide. In 1995, Marriott Ownership Resorts, Inc. was renamed, becoming Marriott Vacation Club International (MVCI) reflecting the company's evolution from real estate development to vacations. In 1996, Marriott Vacation Club International (MVCI) opened its first European property called Marriott's Marbella Beach Club in Costa del Sol, Spain. In 1997, Marriott Vacation Club International (MVCI) opened its first Caribbean property called Marriott's Aruba Ocean Club in Palm Beach, Aruba. In 1999, Marriott introduced The Ritz-Carlton Club (Ritz-Carlton Destination Club since April 2009), a luxury fractional ownership offering. In 2001, Marriott Vacation Club International (MVCI) opened its first Asia property called Marriott's Phuket Beach Club in Phuket, Thailand. In 2001, the first property of Marriott Grand Residence Club (Grand Residences by Marriott since 2006) opened in South Lake Tahoe. In 2007, Marriott Vacation Club International began to market its core timeshare brand as Marriott Vacation Club. More information...
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