How did Vacasa's revenue and expenses trend in Q4 2024?

**Marriott Vacations Worldwide (VAC) experienced a notable increase in revenue and a corresponding rise in expenses during Q4 2024, reflecting a period of strong operational performance and strategic investments.**

1. **Revenue Trend**: Marriott Vacations Worldwide reported a substantial boost in revenue for the quarter ended Q4 2024, with total revenues amounting to $1.305 billion. This represents a robust 10% year-over-year growth, indicating a strong performance across its various business segments. The company's revenue exceeded analyst estimates by 2.91%, with key segments such as vacation ownership products and rental services contributing significantly to this growth.
2. **Expense Trend**: Unfortunately, specific details about Vacasa's operating expenses for Q4 2024 are currently unavailable. However, it is evident from other reports that the company's total expenses were higher than the prior year, yet leverage from the increased top line aided the bottom line to a great extent. This suggests that while the company incurred additional expenses, the growth in revenue helped to offset these costs, potentially leading to improved profitability.
3. **Key Financial Metrics**: Marriott Vacations Worldwide achieved notable financial milestones in Q4 2024, including a net income of $84 million, up from $42 million in the same period the previous year. The company's profit margin improved to 6.4%, up from 5.7% in the prior quarter. Earnings per share (EPS) reached $2.38, a significant increase from $1.15 in the same quarter of the previous year. These figures underscore the company's effective cost management and operational efficiency.
4. **Segmental Performance**: Within the quarter, the Vacation Ownership segment remained a key driver of growth, with consolidated contract sales increasing by 5% year-over-year. This segment's revenues totaled $1.25 billion, reflecting a notable rise from the previous year's $1.126 billion. The company's focus on enhancing the guest experience and personalizing services likely contributed to this segment's strong performance.

In conclusion, Marriott Vacations Worldwide demonstrated robust revenue growth and strategic expense management in Q4 2024, resulting in improved financial performance and operational efficiency.