v3.25.2
BUSINESS SEGMENTS - Schedule of Adjusted EBITDA for Reportable Segments (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Segment Reporting Information [Line Items]        
Total segment revenues $ 1,138 $ 1,106 $ 2,153 $ 2,140
Share-based compensation expense 22 17 34 26
Cost of VOI sales        
Segment Reporting Information [Line Items]        
Total segment expenses 38 65 63 113
Financing        
Segment Reporting Information [Line Items]        
Total segment expenses 54 44 109 83
Intersegment eliminations        
Segment Reporting Information [Line Items]        
Total segment revenues (27) (20) (48) (33)
Operating Segments        
Segment Reporting Information [Line Items]        
Total segment revenues 1,165 1,126 2,201 2,173
Total segment expenses 830 798 1,595 1,513
Share-based compensation expense 8 5 14 9
Other segment adjustment items 9 32 19 49
Segment Adjusted EBITDA 325 345 591 685
Operating Segments | Cost of VOI sales        
Segment Reporting Information [Line Items]        
Total segment expenses 38 65 63 113
Operating Segments | Selling expense        
Segment Reporting Information [Line Items]        
Total segment expenses 206 180 401 338
Operating Segments | Marketing expense        
Segment Reporting Information [Line Items]        
Total segment expenses 265 238 495 450
Operating Segments | Financing        
Segment Reporting Information [Line Items]        
Total segment expenses 54 44 109 83
Operating Segments | Club expense        
Segment Reporting Information [Line Items]        
Total segment expenses 21 21 41 41
Operating Segments | Property management expense        
Segment Reporting Information [Line Items]        
Total segment expenses 35 27 69 61
Operating Segments | Rental expense        
Segment Reporting Information [Line Items]        
Total segment expenses 191 177 386 340
Operating Segments | Other expenses        
Segment Reporting Information [Line Items]        
Total segment expenses 20 46 31 87
Real Estate Sales and Financing Segment        
Segment Reporting Information [Line Items]        
Total segment revenues 760 740 1,405 1,427
Real Estate Sales and Financing Segment | Intersegment eliminations        
Segment Reporting Information [Line Items]        
Total segment revenues (27) (20) (48) (33)
Real Estate Sales and Financing Segment | Operating Segments        
Segment Reporting Information [Line Items]        
Total segment revenues 760 740 1,405 1,427
Total segment expenses 571 562 1,076 1,050
Share-based compensation expense 5 3 9 6
Other segment adjustment items 9 32 19 49
Segment Adjusted EBITDA 176 193 309 399
Real Estate Sales and Financing Segment | Operating Segments | Cost of VOI sales        
Segment Reporting Information [Line Items]        
Total segment expenses 38 65 63 113
Real Estate Sales and Financing Segment | Operating Segments | Selling expense        
Segment Reporting Information [Line Items]        
Total segment expenses 206 180 401 338
Real Estate Sales and Financing Segment | Operating Segments | Marketing expense        
Segment Reporting Information [Line Items]        
Total segment expenses 265 238 495 450
Real Estate Sales and Financing Segment | Operating Segments | Financing        
Segment Reporting Information [Line Items]        
Total segment expenses 54 44 109 83
Real Estate Sales and Financing Segment | Operating Segments | Club expense        
Segment Reporting Information [Line Items]        
Total segment expenses 0 0 0 0
Real Estate Sales and Financing Segment | Operating Segments | Property management expense        
Segment Reporting Information [Line Items]        
Total segment expenses 0 0 0 0
Real Estate Sales and Financing Segment | Operating Segments | Rental expense        
Segment Reporting Information [Line Items]        
Total segment expenses 0 0 0 0
Real Estate Sales and Financing Segment | Operating Segments | Other expenses        
Segment Reporting Information [Line Items]        
Total segment expenses 8 35 8 66
Resort Operations and Club Management Segment        
Segment Reporting Information [Line Items]        
Total segment revenues 378 366 748 713
Resort Operations and Club Management Segment | Intersegment eliminations        
Segment Reporting Information [Line Items]        
Total segment revenues (27) (20) (48) (33)
Resort Operations and Club Management Segment | Operating Segments        
Segment Reporting Information [Line Items]        
Total segment revenues 405 386 796 746
Total segment expenses 259 236 519 463
Share-based compensation expense 3 2 5 3
Other segment adjustment items 0 0 0 0
Segment Adjusted EBITDA 149 152 282 286
Resort Operations and Club Management Segment | Operating Segments | Cost of VOI sales        
Segment Reporting Information [Line Items]        
Total segment expenses 0 0 0 0
Resort Operations and Club Management Segment | Operating Segments | Selling expense        
Segment Reporting Information [Line Items]        
Total segment expenses 0 0 0 0
Resort Operations and Club Management Segment | Operating Segments | Marketing expense        
Segment Reporting Information [Line Items]        
Total segment expenses 0 0 0 0
Resort Operations and Club Management Segment | Operating Segments | Financing        
Segment Reporting Information [Line Items]        
Total segment expenses 0 0 0 0
Resort Operations and Club Management Segment | Operating Segments | Club expense        
Segment Reporting Information [Line Items]        
Total segment expenses 21 21 41 41
Resort Operations and Club Management Segment | Operating Segments | Property management expense        
Segment Reporting Information [Line Items]        
Total segment expenses 35 27 69 61
Resort Operations and Club Management Segment | Operating Segments | Rental expense        
Segment Reporting Information [Line Items]        
Total segment expenses 191 177 386 340
Resort Operations and Club Management Segment | Operating Segments | Other expenses        
Segment Reporting Information [Line Items]        
Total segment expenses $ 12 $ 11 $ 23 $ 21