Cancellations in the fourth quarter have been elevated relative to 2019, as a outcome of travel restrictions, and Exchange gross bookings were down simply 3% for the quarter in comparison with the prior yr. $ in millionsQ4 2020Q4 2019% changeFY 2020FY 2019% changeRevenue$512$801%$1,637$3,151%Adjusted EBITDA$115$222%$121$756%Margin22%28%7%24%Vacation Ownership revenue Travel & Leasuire News decreased 36% to $512 million within the fourth quarter. Gross VOI sales decreased 52% to $281 million with tours 64% decrease year-over-year. Fourth quarter adjusted EBITDA was $115 million, compared to $222 million within the prior yr.
- There’s a slow meals approach, too – the top-notch meat is sourced from
