Wed. 21 Feb 2024, 6:37am ET
Benzinga
News, Guidance
Outlook
The Company is providing guidance regarding expectations for the 2024 full year:
- Adjusted EBITDA to range from $910 million to $930 million.
- Gross VOI sales of $2.25 billion to $2.35 billion
- VPG of $2,900 to $3,000
The Company is providing guidance regarding expectations for the first quarter 2024:
- Adjusted EBITDA to range from $185 million to $190 million
- Gross VOI sales of $460 million to $480 million
- VPG of $2,925 to $3,025
- Travel and Membership Adjusted EBITDA of $75 million to $80 million
Following are sensitivities to full year Adjusted EBITDA guidance. The impact of 100 bps change in our key Vacation Ownership drivers would be expected to be as follows:
- Tours: approximately $6 million change in Adjusted EBITDA
- VPG: approximately $11 million change in Adjusted EBITDA