I was shocked to get my annual maintenance fees and see a 15% increase in my Vistana Maintenance. I then had a sigh of relief that I didn’t buy any more Marriott / Vistana. And then came the sarcastic thoughts about ABOUND not being about More vacations but MORE maintenance costs. But this gave me the idea that I should look at Marriott’s financial statements and see what I could learn.
Given my experience as a real estate agent, I thought I would at least be able to gain some insight from the annual reports… And so I looked at 2019 thru 2022 (The period after the purchase of ILG / Vistana)… And I decided to publish what I learned in a video… And the reality of what I found gave me pause about how well Marriott is NOT doing… I don’t think their price increases are sustainable for a product that is not a necessity. Hope you enjoy my perspective.