VAC: Q2 contract sales rose 22% and adjusted EBITDA hit $215M, prompting raised full-year guidance
Q2 saw contract sales up 22% and adjusted EBITDA reach $215M, both above guidance, with strong owner engagement and new commercial initiatives driving record sales. Full-year guidance for adjusted EBITDA and free cash flow was raised, and leverage improved to 4x.Based on Marriott Vacations Worldwid…