Marriott Vacations Worldwide Corporation develops, markets, sells, and manages vacation ownership and related products under the Marriott Vacation Club, Grand Residences by Marriott, Sheraton, Westin, Hyatt Residence Club, and Marriott Vacation Club Pulse brands. The company also develops, markets, and sells vacation ownership and related products under The Ritz-Carlton Destination Club brand; and holds right to develop, market, and sell ownership residential products under The Ritz-Carlton Residences brand. As of December 31, 2020, it operated approximately 120 resorts and approximately 700,000 owners in a range of vacation experiences in approximately 100 countries and territories. The company was formerly known as Marriott Vacations Worldwide Corporation and changed its name to Marriott Vacations Worldwide Corporation in April 2011. Marriott Vacations Worldwide Corporation was founded in 1984 and is headquartered in Orlando, Florida.