Annual report pursuant to Section 13 and 15(d)

Revenue From Contracts With Customers

v3.20.1
Revenue From Contracts With Customers
12 Months Ended
Dec. 31, 2019
Revenue from Contracts with Customers [Abstract]  
Revenue From Contracts With Cutomers 3. Revenue From Contracts with Customers

We operate our business in the following two segments: (i) Sales of VOIs and financing; and (ii) Resort operations and club management. The table below sets forth our disaggregated revenue by segment from contracts with customers (in thousands).

For the Years Ended

December 31,

2019

2018

2017

Sales of VOIs (1)

$

255,375

$

254,225

$

242,017

Fee-based sales commission revenue (1)

207,832

216,422

229,389

Resort and club management revenue (2)

103,470

99,535

91,080

Cost reimbursements (2)

63,889

62,534

52,639

Title fees and other (1)

14,246

12,205

14,742

Other revenue (2)

7,528

6,284

5,997

Revenue from customers

652,340

651,205

635,864

Interest income (1)

87,902

85,914

86,876

Other income, net

1,201

312

Total revenue

$

740,242

$

738,320

$

723,052

(1) Interest income of $80.0 million is included in our sales of VOIs and financing segment described in Note 17.

(2) Included in our resort operations and club management segment described in Note 17.

Please refer to Note 17: Segment Reporting for additional information related to our segments.