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    <link:label id="lab_us-gaap_CarryingReportedAmountFairValueDisclosureMember_9A0B0C41F5986DEE63B24E14350DA25B_terseLabel_en-US" xlink:label="lab_us-gaap_CarryingReportedAmountFairValueDisclosureMember_9A0B0C41F5986DEE63B24E14350DA25B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Carrying Amount</link:label>
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    <link:label id="lab_us-gaap_EstimateOfFairValueFairValueDisclosureMember_4FE1AF64275DF0C944E64E14350DCA9C_label_en-US" xlink:label="lab_us-gaap_EstimateOfFairValueFairValueDisclosureMember_4FE1AF64275DF0C944E64E14350DCA9C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Estimate of Fair Value Measurement [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EstimateOfFairValueFairValueDisclosureMember" xlink:label="loc_us-gaap_EstimateOfFairValueFairValueDisclosureMember_4FE1AF64275DF0C944E64E14350DCA9C" xlink:type="locator" />
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    <link:label id="lab_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_BDE88D56AA67F479D4844E14350D8B43_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_BDE88D56AA67F479D4844E14350D8B43" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]</link:label>
    <link:label id="lab_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_BDE88D56AA67F479D4844E14350D8B43_label_en-US" xlink:label="lab_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_BDE88D56AA67F479D4844E14350D8B43" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems" xlink:label="loc_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_BDE88D56AA67F479D4844E14350D8B43" xlink:type="locator" />
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    <link:label id="lab_us-gaap_NotesReceivableNet_598C2E1E7A728A7CC5934E14350D7D62_terseLabel_en-US" xlink:label="lab_us-gaap_NotesReceivableNet_598C2E1E7A728A7CC5934E14350D7D62" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Vacation ownership notes receivable, net</link:label>
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    <link:label id="lab_us-gaap_OtherAssets_222724DCA7D4574306AC4E14350D9422_verboseLabel_en-US" xlink:label="lab_us-gaap_OtherAssets_222724DCA7D4574306AC4E14350D9422" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_us-gaap_OtherAssets_222724DCA7D4574306AC4E14350D9422_label_en-US" xlink:label="lab_us-gaap_OtherAssets_222724DCA7D4574306AC4E14350D9422" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Assets</link:label>
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    <link:label id="lab_vac_InstrumentsFinancialAssets_849288D8A5AEA30B28D54E14350D7D75_totalLabel_en-US" xlink:label="lab_vac_InstrumentsFinancialAssets_849288D8A5AEA30B28D54E14350D7D75" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total financial assets</link:label>
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    <link:label id="lab_vac_DebtAndCapitalLeaseObligationsNet_DA32C378683BC585EB814E14350D8E04_negatedLabel_en-US" xlink:label="lab_vac_DebtAndCapitalLeaseObligationsNet_DA32C378683BC585EB814E14350D8E04" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Debt, net</link:label>
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    <link:label id="lab_us-gaap_NetIncomeLoss_5F5BA641E0E0E38615DF27A5CC22568A_label_en-US" xlink:label="lab_us-gaap_NetIncomeLoss_5F5BA641E0E0E38615DF27A5CC22568A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Income (Loss) Attributable to Parent</link:label>
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    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetIncomeLoss_5F5BA641E0E0E38615DF27A5CC22568A" xlink:to="lab_us-gaap_NetIncomeLoss_5F5BA641E0E0E38615DF27A5CC22568A" xlink:type="arc" />
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    <link:label id="lab_us-gaap_Depreciation_901856C301C0BE03746827A5CC231125_terseLabel_en-US" xlink:label="lab_us-gaap_Depreciation_901856C301C0BE03746827A5CC231125" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Depreciation</link:label>
    <link:label id="lab_us-gaap_Depreciation_901856C301C0BE03746827A5CC231125_label_en-US" xlink:label="lab_us-gaap_Depreciation_901856C301C0BE03746827A5CC231125" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Depreciation</link:label>
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    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Depreciation_901856C301C0BE03746827A5CC231125" xlink:to="lab_us-gaap_Depreciation_901856C301C0BE03746827A5CC231125" xlink:type="arc" />
    <link:label id="lab_us-gaap_AmortizationOfFinancingCostsAndDiscounts_45DEB2D4532D331FF23B27A5CC23D148_terseLabel_en-US" xlink:label="lab_us-gaap_AmortizationOfFinancingCostsAndDiscounts_45DEB2D4532D331FF23B27A5CC23D148" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amortization of debt discount and issuance costs</link:label>
    <link:label id="lab_us-gaap_AmortizationOfFinancingCostsAndDiscounts_45DEB2D4532D331FF23B27A5CC23D148_label_en-US" xlink:label="lab_us-gaap_AmortizationOfFinancingCostsAndDiscounts_45DEB2D4532D331FF23B27A5CC23D148" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amortization of Debt Issuance Costs and Discounts</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AmortizationOfFinancingCostsAndDiscounts" xlink:label="loc_us-gaap_AmortizationOfFinancingCostsAndDiscounts_45DEB2D4532D331FF23B27A5CC23D148" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AmortizationOfFinancingCostsAndDiscounts_45DEB2D4532D331FF23B27A5CC23D148" xlink:to="lab_us-gaap_AmortizationOfFinancingCostsAndDiscounts_45DEB2D4532D331FF23B27A5CC23D148" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProvisionForLoanAndLeaseLosses_DE58F114E0C5BABBC21B27A5CC2368B9_terseLabel_en-US" xlink:label="lab_us-gaap_ProvisionForLoanAndLeaseLosses_DE58F114E0C5BABBC21B27A5CC2368B9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Vacation ownership notes receivable reserve</link:label>
    <link:label id="lab_us-gaap_ProvisionForLoanAndLeaseLosses_DE58F114E0C5BABBC21B27A5CC2368B9_label_en-US" xlink:label="lab_us-gaap_ProvisionForLoanAndLeaseLosses_DE58F114E0C5BABBC21B27A5CC2368B9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Provision for Loan and Lease Losses</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ProvisionForLoanAndLeaseLosses" xlink:label="loc_us-gaap_ProvisionForLoanAndLeaseLosses_DE58F114E0C5BABBC21B27A5CC2368B9" xlink:type="locator" />
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    <link:label id="lab_us-gaap_ShareBasedCompensation_907ABBA37AB21609214327A5CC239871_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensation_907ABBA37AB21609214327A5CC239871" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share-based compensation</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensation_907ABBA37AB21609214327A5CC239871_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensation_907ABBA37AB21609214327A5CC239871" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation</link:label>
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    <link:label id="lab_vac_NoncashIncomeTaxExpenseBenefit_864EDA390297D337D05327A5CC23B0AD_terseLabel_en-US" xlink:label="lab_vac_NoncashIncomeTaxExpenseBenefit_864EDA390297D337D05327A5CC23B0AD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred income taxes</link:label>
    <link:label id="lab_vac_NoncashIncomeTaxExpenseBenefit_864EDA390297D337D05327A5CC23B0AD_label_en-US" xlink:label="lab_vac_NoncashIncomeTaxExpenseBenefit_864EDA390297D337D05327A5CC23B0AD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Noncash Income Tax (Expense) Benefit</link:label>
    <link:label id="lab_vac_NoncashIncomeTaxExpenseBenefit_864EDA390297D337D05327A5CC23B0AD_documentation_en-US" xlink:label="lab_vac_NoncashIncomeTaxExpenseBenefit_864EDA390297D337D05327A5CC23B0AD" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The non-cash component of income tax expense, less the tax benefit from the exercise of stock options, SARs and RSUs.</link:label>
    <link:loc xlink:href="vac-20180331.xsd#vac_NoncashIncomeTaxExpenseBenefit" xlink:label="loc_vac_NoncashIncomeTaxExpenseBenefit_864EDA390297D337D05327A5CC23B0AD" xlink:type="locator" />
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    <link:label id="lab_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_9BD454B79113DDF2101427A5CC23E915_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_9BD454B79113DDF2101427A5CC23E915" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net change in assets and liabilities:</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables" xlink:label="loc_us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables_B5555EA61E5DE269B50A27A5CC23BBBA" xlink:type="locator" />
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    <link:label id="lab_vac_IncreaseDecreaseInNotesReceivableOriginations_E2B572B2BFF37119A04B27A5CC240D3E_terseLabel_en-US" xlink:label="lab_vac_IncreaseDecreaseInNotesReceivableOriginations_E2B572B2BFF37119A04B27A5CC240D3E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Vacation ownership notes receivable originations</link:label>
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    <link:label id="lab_vac_IncreaseDecreaseInNotesReceivableOriginations_E2B572B2BFF37119A04B27A5CC240D3E_documentation_en-US" xlink:label="lab_vac_IncreaseDecreaseInNotesReceivableOriginations_E2B572B2BFF37119A04B27A5CC240D3E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The (increase) decrease during the reporting period in the total amount of new mortgage loans originated on real estate.</link:label>
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    <link:label id="lab_vac_IncreaseDecreaseInNotesReceivableCollections_DA1C4C1BB6F7A225052427A5CC24F08E_documentation_en-US" xlink:label="lab_vac_IncreaseDecreaseInNotesReceivableCollections_DA1C4C1BB6F7A225052427A5CC24F08E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The increase (decrease) during the reporting period in the amount of principal collections on mortgage loans on real estate.</link:label>
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    <link:label id="lab_us-gaap_IncreaseDecreaseInOtherOperatingAssets_4031B855A2E3C4A7C6EE27A5CC247FAC_negatedLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOtherOperatingAssets_4031B855A2E3C4A7C6EE27A5CC247FAC" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Other assets</link:label>
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    <link:label id="lab_us-gaap_MinorityInterest_EAF43983C2882B1CD18A21D76F3E049E_label_en-US" xlink:label="lab_us-gaap_MinorityInterest_EAF43983C2882B1CD18A21D76F3E049E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stockholders' Equity Attributable to Noncontrolling Interest</link:label>
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    <link:label id="lab_vac_EuropeSegmentMember_BC9A336BFFF8C207FC1B1C295F0AC39F_label_en-US" xlink:label="lab_vac_EuropeSegmentMember_BC9A336BFFF8C207FC1B1C295F0AC39F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Europe Segment [Member]</link:label>
    <link:label id="lab_vac_EuropeSegmentMember_BC9A336BFFF8C207FC1B1C295F0AC39F_documentation_en-US" xlink:label="lab_vac_EuropeSegmentMember_BC9A336BFFF8C207FC1B1C295F0AC39F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Europe Segment.</link:label>
    <link:loc xlink:href="vac-20180331.xsd#vac_EuropeSegmentMember" xlink:label="loc_vac_EuropeSegmentMember_BC9A336BFFF8C207FC1B1C295F0AC39F" xlink:type="locator" />
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    <link:label id="lab_vac_NorthAmericaSegmentMember_3C57E0D7400D7023A5781C295F0B1244_terseLabel_en-US" xlink:label="lab_vac_NorthAmericaSegmentMember_3C57E0D7400D7023A5781C295F0B1244" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">North America</link:label>
    <link:label id="lab_vac_NorthAmericaSegmentMember_3C57E0D7400D7023A5781C295F0B1244_label_en-US" xlink:label="lab_vac_NorthAmericaSegmentMember_3C57E0D7400D7023A5781C295F0B1244" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">North America Segment [Member]</link:label>
    <link:label id="lab_vac_NorthAmericaSegmentMember_3C57E0D7400D7023A5781C295F0B1244_documentation_en-US" xlink:label="lab_vac_NorthAmericaSegmentMember_3C57E0D7400D7023A5781C295F0B1244" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">North America Segment [Member]</link:label>
    <link:loc xlink:href="vac-20180331.xsd#vac_NorthAmericaSegmentMember" xlink:label="loc_vac_NorthAmericaSegmentMember_3C57E0D7400D7023A5781C295F0B1244" xlink:type="locator" />
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    <link:label id="lab_vac_AsiaPacificSegmentMember_83B271411A77627082121C295F0B33EF_terseLabel_en-US" xlink:label="lab_vac_AsiaPacificSegmentMember_83B271411A77627082121C295F0B33EF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Asia Pacific</link:label>
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    <link:label id="lab_vac_AsiaPacificSegmentMember_83B271411A77627082121C295F0B33EF_documentation_en-US" xlink:label="lab_vac_AsiaPacificSegmentMember_83B271411A77627082121C295F0B33EF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Asia Pacific Segment [Member]</link:label>
    <link:loc xlink:href="vac-20180331.xsd#vac_AsiaPacificSegmentMember" xlink:label="loc_vac_AsiaPacificSegmentMember_83B271411A77627082121C295F0B33EF" xlink:type="locator" />
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    <link:label id="lab_us-gaap_RevenueInitialApplicationPeriodCumulativeEffectTransitionLineItems_E66F5AE054EAACBA27AF1C295F0BF8C3_label_en-US" xlink:label="lab_us-gaap_RevenueInitialApplicationPeriodCumulativeEffectTransitionLineItems_E66F5AE054EAACBA27AF1C295F0BF8C3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue, Initial Application Period Cumulative Effect Transition [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RevenueInitialApplicationPeriodCumulativeEffectTransitionLineItems" xlink:label="loc_us-gaap_RevenueInitialApplicationPeriodCumulativeEffectTransitionLineItems_E66F5AE054EAACBA27AF1C295F0BF8C3" xlink:type="locator" />
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    <link:label id="lab_us-gaap_TimeShareRevenue_60CFD573DCCA2D9E4CBB1C295F0B9AF2_terseLabel_en-US" xlink:label="lab_us-gaap_TimeShareRevenue_60CFD573DCCA2D9E4CBB1C295F0B9AF2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Sale of vacation ownership products</link:label>
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    <link:label id="lab_vac_AncillaryRevenues_415DA9DECA26E01DB8D71C295F0B0782_terseLabel_en-US" xlink:label="lab_vac_AncillaryRevenues_415DA9DECA26E01DB8D71C295F0B0782" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Ancillary revenues</link:label>
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    <link:label id="lab_us-gaap_ManagementFeesBaseRevenue_9454DA82CF6B23590DFF1C295F0E0653_terseLabel_en-US" xlink:label="lab_us-gaap_ManagementFeesBaseRevenue_9454DA82CF6B23590DFF1C295F0E0653" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Management fee revenues</link:label>
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    <link:loc xlink:href="vac-20180331.xsd#vac_ResortManagementAndOtherServicesRevenue" xlink:label="loc_vac_ResortManagementAndOtherServicesRevenue_6A9147ABFD9F3FBA4EA71C295F0E45B3" xlink:type="locator" />
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    <link:label id="lab_vac_RentalRevenue_37E5262296EC9A48656D1C295F0E5501_terseLabel_en-US" xlink:label="lab_vac_RentalRevenue_37E5262296EC9A48656D1C295F0E5501" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Rental</link:label>
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    <link:label id="lab_vac_WilliamandSharonPetrickCaseMember_CE264F65270AC262B1A91CED8D3E204B_terseLabel_en-US" xlink:label="lab_vac_WilliamandSharonPetrickCaseMember_CE264F65270AC262B1A91CED8D3E204B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">William and Sharon Petrick Case</link:label>
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    <link:label id="lab_vac_InformationSystemsAndTechnologyMember_4D88F9ABAC321D6430411CED8D4490F7_terseLabel_en-US" xlink:label="lab_vac_InformationSystemsAndTechnologyMember_4D88F9ABAC321D6430411CED8D4490F7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Information technology hardware and software</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PurchaseCommitmentExcludingLongtermCommitmentAxis" xlink:label="loc_us-gaap_PurchaseCommitmentExcludingLongtermCommitmentAxis_46A1BC78A3389C07E04B1CED8D447EDE" xlink:type="locator" />
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    <link:label id="lab_vac_MarcoIslandFloridaMember_0DBAB8437AAE05926E8A1CED8D44B465_verboseLabel_en-US" xlink:label="lab_vac_MarcoIslandFloridaMember_0DBAB8437AAE05926E8A1CED8D44B465" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Commitment to purchase vacation ownership units located in Marco Island, Florida</link:label>
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    <link:label id="lab_vac_KapaluaBaySettlementMember_762E016D2DAE5BCFB2341CED8D441365_terseLabel_en-US" xlink:label="lab_vac_KapaluaBaySettlementMember_762E016D2DAE5BCFB2341CED8D441365" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Kapalua Bay Settlement</link:label>
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    <link:label id="lab_vac_RitzCarltonClubAspenHighlandsMember_900CB6EFEACB6DC3CF541CED8D4481C0_terseLabel_en-US" xlink:label="lab_vac_RitzCarltonClubAspenHighlandsMember_900CB6EFEACB6DC3CF541CED8D4481C0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">RCC-Aspen Highlands</link:label>
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    <link:label id="lab_vac_BaliIndonesiaResortTwoMember_BC92F93827FAAC6924911CED8D45C8FD_terseLabel_en-US" xlink:label="lab_vac_BaliIndonesiaResortTwoMember_BC92F93827FAAC6924911CED8D45C8FD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Bali Indonesia Resort Two</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PurchaseObligation" xlink:label="loc_us-gaap_PurchaseObligation_A717577794FF10A892AD1CED8D45E003" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PurchaseObligation_A717577794FF10A892AD1CED8D45E003" xlink:to="lab_us-gaap_PurchaseObligation_A717577794FF10A892AD1CED8D45E003" xlink:type="arc" />
    <link:label id="lab_us-gaap_PurchaseObligationFutureMinimumPaymentsRemainderOfFiscalYear_10C90F04C5BE563327761CED8D45C647_terseLabel_en-US" xlink:label="lab_us-gaap_PurchaseObligationFutureMinimumPaymentsRemainderOfFiscalYear_10C90F04C5BE563327761CED8D45C647" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Purchase commitment obligation due, 2018</link:label>
    <link:label id="lab_us-gaap_PurchaseObligationFutureMinimumPaymentsRemainderOfFiscalYear_10C90F04C5BE563327761CED8D45C647_label_en-US" xlink:label="lab_us-gaap_PurchaseObligationFutureMinimumPaymentsRemainderOfFiscalYear_10C90F04C5BE563327761CED8D45C647" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Purchase Obligation, Future Minimum Payments, Remainder of Fiscal Year</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PurchaseObligationFutureMinimumPaymentsRemainderOfFiscalYear" xlink:label="loc_us-gaap_PurchaseObligationFutureMinimumPaymentsRemainderOfFiscalYear_10C90F04C5BE563327761CED8D45C647" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PurchaseObligationFutureMinimumPaymentsRemainderOfFiscalYear_10C90F04C5BE563327761CED8D45C647" xlink:to="lab_us-gaap_PurchaseObligationFutureMinimumPaymentsRemainderOfFiscalYear_10C90F04C5BE563327761CED8D45C647" xlink:type="arc" />
    <link:label id="lab_us-gaap_PurchaseObligationDueInSecondYear_061DAE68F97AA703C6211CED8D454AAA_terseLabel_en-US" xlink:label="lab_us-gaap_PurchaseObligationDueInSecondYear_061DAE68F97AA703C6211CED8D454AAA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Purchase commitment obligation due, 2019</link:label>
    <link:label id="lab_us-gaap_PurchaseObligationDueInSecondYear_061DAE68F97AA703C6211CED8D454AAA_label_en-US" xlink:label="lab_us-gaap_PurchaseObligationDueInSecondYear_061DAE68F97AA703C6211CED8D454AAA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Purchase Obligation, Due in Second Year</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PurchaseObligationDueInSecondYear" xlink:label="loc_us-gaap_PurchaseObligationDueInSecondYear_061DAE68F97AA703C6211CED8D454AAA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PurchaseObligationDueInSecondYear_061DAE68F97AA703C6211CED8D454AAA" xlink:to="lab_us-gaap_PurchaseObligationDueInSecondYear_061DAE68F97AA703C6211CED8D454AAA" xlink:type="arc" />
    <link:label id="lab_us-gaap_PurchaseObligationDueInThirdYear_5DA72B563A16C2DD01311CED8D458A6F_terseLabel_en-US" xlink:label="lab_us-gaap_PurchaseObligationDueInThirdYear_5DA72B563A16C2DD01311CED8D458A6F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Purchase commitment obligation due, 2020</link:label>
    <link:label id="lab_us-gaap_PurchaseObligationDueInThirdYear_5DA72B563A16C2DD01311CED8D458A6F_label_en-US" xlink:label="lab_us-gaap_PurchaseObligationDueInThirdYear_5DA72B563A16C2DD01311CED8D458A6F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Purchase Obligation, Due in Third Year</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PurchaseObligationDueInThirdYear" xlink:label="loc_us-gaap_PurchaseObligationDueInThirdYear_5DA72B563A16C2DD01311CED8D458A6F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PurchaseObligationDueInThirdYear_5DA72B563A16C2DD01311CED8D458A6F" xlink:to="lab_us-gaap_PurchaseObligationDueInThirdYear_5DA72B563A16C2DD01311CED8D458A6F" xlink:type="arc" />
    <link:label id="lab_us-gaap_PurchaseObligationDueInFourthYear_BC035859960C0814E6841CED8D451C0D_terseLabel_en-US" xlink:label="lab_us-gaap_PurchaseObligationDueInFourthYear_BC035859960C0814E6841CED8D451C0D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Purchase commitment obligation due, 2021</link:label>
    <link:label id="lab_us-gaap_PurchaseObligationDueInFourthYear_BC035859960C0814E6841CED8D451C0D_label_en-US" xlink:label="lab_us-gaap_PurchaseObligationDueInFourthYear_BC035859960C0814E6841CED8D451C0D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Purchase Obligation, Due in Fourth Year</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PurchaseObligationDueInFourthYear" xlink:label="loc_us-gaap_PurchaseObligationDueInFourthYear_BC035859960C0814E6841CED8D451C0D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PurchaseObligationDueInFourthYear_BC035859960C0814E6841CED8D451C0D" xlink:to="lab_us-gaap_PurchaseObligationDueInFourthYear_BC035859960C0814E6841CED8D451C0D" xlink:type="arc" />
    <link:label id="lab_us-gaap_PurchaseObligationDueInFifthYear_C2C32FC60C2E2BE892EB1CED8D4635DF_terseLabel_en-US" xlink:label="lab_us-gaap_PurchaseObligationDueInFifthYear_C2C32FC60C2E2BE892EB1CED8D4635DF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Purchase commitment obligation due, 2022</link:label>
    <link:label id="lab_us-gaap_PurchaseObligationDueInFifthYear_C2C32FC60C2E2BE892EB1CED8D4635DF_label_en-US" xlink:label="lab_us-gaap_PurchaseObligationDueInFifthYear_C2C32FC60C2E2BE892EB1CED8D4635DF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Purchase Obligation, Due in Fifth Year</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PurchaseObligationDueInFifthYear" xlink:label="loc_us-gaap_PurchaseObligationDueInFifthYear_C2C32FC60C2E2BE892EB1CED8D4635DF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PurchaseObligationDueInFifthYear_C2C32FC60C2E2BE892EB1CED8D4635DF" xlink:to="lab_us-gaap_PurchaseObligationDueInFifthYear_C2C32FC60C2E2BE892EB1CED8D4635DF" xlink:type="arc" />
    <link:label id="lab_us-gaap_PurchaseObligationDueAfterFifthYear_AE76CE7A853F349C392B1CED8D4604EB_terseLabel_en-US" xlink:label="lab_us-gaap_PurchaseObligationDueAfterFifthYear_AE76CE7A853F349C392B1CED8D4604EB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Purchase commitment obligation due, thereafter</link:label>
    <link:label id="lab_us-gaap_PurchaseObligationDueAfterFifthYear_AE76CE7A853F349C392B1CED8D4604EB_label_en-US" xlink:label="lab_us-gaap_PurchaseObligationDueAfterFifthYear_AE76CE7A853F349C392B1CED8D4604EB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Purchase Obligation, Due after Fifth Year</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PurchaseObligationDueAfterFifthYear" xlink:label="loc_us-gaap_PurchaseObligationDueAfterFifthYear_AE76CE7A853F349C392B1CED8D4604EB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PurchaseObligationDueAfterFifthYear_AE76CE7A853F349C392B1CED8D4604EB" xlink:to="lab_us-gaap_PurchaseObligationDueAfterFifthYear_AE76CE7A853F349C392B1CED8D4604EB" xlink:type="arc" />
    <link:label id="lab_us-gaap_CapitalLeasesFutureMinimumPaymentsDue_883F224355DE26D687061CED8D4610A4_terseLabel_en-US" xlink:label="lab_us-gaap_CapitalLeasesFutureMinimumPaymentsDue_883F224355DE26D687061CED8D4610A4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Capital leases, future minimum payments due</link:label>
    <link:label id="lab_us-gaap_CapitalLeasesFutureMinimumPaymentsDue_883F224355DE26D687061CED8D4610A4_label_en-US" xlink:label="lab_us-gaap_CapitalLeasesFutureMinimumPaymentsDue_883F224355DE26D687061CED8D4610A4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Capital Leases, Future Minimum Payments Due</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CapitalLeasesFutureMinimumPaymentsDue" xlink:label="loc_us-gaap_CapitalLeasesFutureMinimumPaymentsDue_883F224355DE26D687061CED8D4610A4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CapitalLeasesFutureMinimumPaymentsDue_883F224355DE26D687061CED8D4610A4" xlink:to="lab_us-gaap_CapitalLeasesFutureMinimumPaymentsDue_883F224355DE26D687061CED8D4610A4" xlink:type="arc" />
    <link:label id="lab_vac_ExpectedNumberOfOwnershipUnitsToBeAcquired_634B2A81488F57DC0DA61CED8D463E35_terseLabel_en-US" xlink:label="lab_vac_ExpectedNumberOfOwnershipUnitsToBeAcquired_634B2A81488F57DC0DA61CED8D463E35" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of vacation ownership units expected to be acquired</link:label>
    <link:label id="lab_vac_ExpectedNumberOfOwnershipUnitsToBeAcquired_634B2A81488F57DC0DA61CED8D463E35_label_en-US" xlink:label="lab_vac_ExpectedNumberOfOwnershipUnitsToBeAcquired_634B2A81488F57DC0DA61CED8D463E35" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Expected Number of Ownership Units to be Acquired</link:label>
    <link:label id="lab_vac_ExpectedNumberOfOwnershipUnitsToBeAcquired_634B2A81488F57DC0DA61CED8D463E35_documentation_en-US" xlink:label="lab_vac_ExpectedNumberOfOwnershipUnitsToBeAcquired_634B2A81488F57DC0DA61CED8D463E35" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Expected Number of Ownership Units to be Acquired</link:label>
    <link:loc xlink:href="vac-20180331.xsd#vac_ExpectedNumberOfOwnershipUnitsToBeAcquired" xlink:label="loc_vac_ExpectedNumberOfOwnershipUnitsToBeAcquired_634B2A81488F57DC0DA61CED8D463E35" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vac_ExpectedNumberOfOwnershipUnitsToBeAcquired_634B2A81488F57DC0DA61CED8D463E35" xlink:to="lab_vac_ExpectedNumberOfOwnershipUnitsToBeAcquired_634B2A81488F57DC0DA61CED8D463E35" xlink:type="arc" />
    <link:label id="lab_vac_SuretyBonds_33ACA41B04B888C929A91CED8D46CDA7_terseLabel_en-US" xlink:label="lab_vac_SuretyBonds_33ACA41B04B888C929A91CED8D46CDA7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Surety bonds issued</link:label>
    <link:label id="lab_vac_SuretyBonds_33ACA41B04B888C929A91CED8D46CDA7_label_en-US" xlink:label="lab_vac_SuretyBonds_33ACA41B04B888C929A91CED8D46CDA7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Surety Bonds</link:label>
    <link:label id="lab_vac_SuretyBonds_33ACA41B04B888C929A91CED8D46CDA7_documentation_en-US" xlink:label="lab_vac_SuretyBonds_33ACA41B04B888C929A91CED8D46CDA7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Surety Bonds issued.</link:label>
    <link:loc xlink:href="vac-20180331.xsd#vac_SuretyBonds" xlink:label="loc_vac_SuretyBonds_33ACA41B04B888C929A91CED8D46CDA7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vac_SuretyBonds_33ACA41B04B888C929A91CED8D46CDA7" xlink:to="lab_vac_SuretyBonds_33ACA41B04B888C929A91CED8D46CDA7" xlink:type="arc" />
    <link:label id="lab_us-gaap_LettersOfCreditOutstandingAmount_FFC68A21C5131EA3E1461CED8D4668FD_terseLabel_en-US" xlink:label="lab_us-gaap_LettersOfCreditOutstandingAmount_FFC68A21C5131EA3E1461CED8D4668FD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Letters of credit outstanding</link:label>
    <link:label id="lab_us-gaap_LettersOfCreditOutstandingAmount_FFC68A21C5131EA3E1461CED8D4668FD_label_en-US" xlink:label="lab_us-gaap_LettersOfCreditOutstandingAmount_FFC68A21C5131EA3E1461CED8D4668FD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Letters of Credit Outstanding, Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LettersOfCreditOutstandingAmount" xlink:label="loc_us-gaap_LettersOfCreditOutstandingAmount_FFC68A21C5131EA3E1461CED8D4668FD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LettersOfCreditOutstandingAmount_FFC68A21C5131EA3E1461CED8D4668FD" xlink:to="lab_us-gaap_LettersOfCreditOutstandingAmount_FFC68A21C5131EA3E1461CED8D4668FD" xlink:type="arc" />
    <link:label id="lab_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_D8BA12D64BA828FC7FA71CED8D460F3D_terseLabel_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_D8BA12D64BA828FC7FA71CED8D460F3D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Credit facility</link:label>
    <link:label id="lab_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_D8BA12D64BA828FC7FA71CED8D460F3D_label_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_D8BA12D64BA828FC7FA71CED8D460F3D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Line of Credit Facility, Maximum Borrowing Capacity</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity" xlink:label="loc_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_D8BA12D64BA828FC7FA71CED8D460F3D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_D8BA12D64BA828FC7FA71CED8D460F3D" xlink:to="lab_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_D8BA12D64BA828FC7FA71CED8D460F3D" xlink:type="arc" />
    <link:label id="lab_us-gaap_LossContingencyNumberOfPlaintiffs_2DA2251DD78AAB6FC2A41CED8D46DD06_terseLabel_en-US" xlink:label="lab_us-gaap_LossContingencyNumberOfPlaintiffs_2DA2251DD78AAB6FC2A41CED8D46DD06" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of plaintiffs in lawsuits</link:label>
    <link:label id="lab_us-gaap_LossContingencyNumberOfPlaintiffs_2DA2251DD78AAB6FC2A41CED8D46DD06_label_en-US" xlink:label="lab_us-gaap_LossContingencyNumberOfPlaintiffs_2DA2251DD78AAB6FC2A41CED8D46DD06" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loss Contingency, Number of Plaintiffs</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LossContingencyNumberOfPlaintiffs" xlink:label="loc_us-gaap_LossContingencyNumberOfPlaintiffs_2DA2251DD78AAB6FC2A41CED8D46DD06" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LossContingencyNumberOfPlaintiffs_2DA2251DD78AAB6FC2A41CED8D46DD06" xlink:to="lab_us-gaap_LossContingencyNumberOfPlaintiffs_2DA2251DD78AAB6FC2A41CED8D46DD06" xlink:type="arc" />
    <link:label id="lab_vac_LossContingencyNumberofPlaintiffsReleasedClaims_405898FCFDD1A5A432521CED8D46B9C1_terseLabel_en-US" xlink:label="lab_vac_LossContingencyNumberofPlaintiffsReleasedClaims_405898FCFDD1A5A432521CED8D46B9C1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of plaintiffs, released claims</link:label>
    <link:label id="lab_vac_LossContingencyNumberofPlaintiffsReleasedClaims_405898FCFDD1A5A432521CED8D46B9C1_label_en-US" xlink:label="lab_vac_LossContingencyNumberofPlaintiffsReleasedClaims_405898FCFDD1A5A432521CED8D46B9C1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loss Contingency, Number of Plaintiffs, Released Claims</link:label>
    <link:label id="lab_vac_LossContingencyNumberofPlaintiffsReleasedClaims_405898FCFDD1A5A432521CED8D46B9C1_documentation_en-US" xlink:label="lab_vac_LossContingencyNumberofPlaintiffsReleasedClaims_405898FCFDD1A5A432521CED8D46B9C1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Loss Contingency, Number of Plaintiffs, Released Claims</link:label>
    <link:loc xlink:href="vac-20180331.xsd#vac_LossContingencyNumberofPlaintiffsReleasedClaims" xlink:label="loc_vac_LossContingencyNumberofPlaintiffsReleasedClaims_405898FCFDD1A5A432521CED8D46B9C1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vac_LossContingencyNumberofPlaintiffsReleasedClaims_405898FCFDD1A5A432521CED8D46B9C1" xlink:to="lab_vac_LossContingencyNumberofPlaintiffsReleasedClaims_405898FCFDD1A5A432521CED8D46B9C1" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_031816E9A53C5DE04CA549475D6A6731_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_031816E9A53C5DE04CA549475D6A6731" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Accounts, Notes, Loans and Financing Receivable [Table]</link:label>
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    <link:label id="lab_vac_LoanPaymentsDelinquencyPeriodBeyondWhichLoanIsConsideredDefaulted_77E399EDC21FB79ECEC4CEB4F4AE4E30_label_en-US" xlink:label="lab_vac_LoanPaymentsDelinquencyPeriodBeyondWhichLoanIsConsideredDefaulted_77E399EDC21FB79ECEC4CEB4F4AE4E30" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loan Payments Delinquency Period Beyond which Loan is Considered Defaulted</link:label>
    <link:label id="lab_vac_LoanPaymentsDelinquencyPeriodBeyondWhichLoanIsConsideredDefaulted_77E399EDC21FB79ECEC4CEB4F4AE4E30_documentation_en-US" xlink:label="lab_vac_LoanPaymentsDelinquencyPeriodBeyondWhichLoanIsConsideredDefaulted_77E399EDC21FB79ECEC4CEB4F4AE4E30" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Loan Payments Delinquency Period Beyond which Loan is Considered Defaulted</link:label>
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    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vac_LoanPaymentsDelinquencyPeriodBeyondWhichLoanIsConsideredDefaulted_77E399EDC21FB79ECEC4CEB4F4AE4E30" xlink:to="lab_vac_LoanPaymentsDelinquencyPeriodBeyondWhichLoanIsConsideredDefaulted_77E399EDC21FB79ECEC4CEB4F4AE4E30" xlink:type="arc" />
    <link:label id="lab_vac_NotesReceivableEstimatedAverageDefaultRates_D490C23C61D0E840011FCEB4F4AE78A8_terseLabel_en-US" xlink:label="lab_vac_NotesReceivableEstimatedAverageDefaultRates_D490C23C61D0E840011FCEB4F4AE78A8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Notes receivable estimated average remaining default rates</link:label>
    <link:label id="lab_vac_NotesReceivableEstimatedAverageDefaultRates_D490C23C61D0E840011FCEB4F4AE78A8_label_en-US" xlink:label="lab_vac_NotesReceivableEstimatedAverageDefaultRates_D490C23C61D0E840011FCEB4F4AE78A8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Notes Receivable, Estimated Average Default Rates</link:label>
    <link:label id="lab_vac_NotesReceivableEstimatedAverageDefaultRates_D490C23C61D0E840011FCEB4F4AE78A8_documentation_en-US" xlink:label="lab_vac_NotesReceivableEstimatedAverageDefaultRates_D490C23C61D0E840011FCEB4F4AE78A8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Notes Receivable, Estimated Average Default Rates</link:label>
    <link:loc xlink:href="vac-20180331.xsd#vac_NotesReceivableEstimatedAverageDefaultRates" xlink:label="loc_vac_NotesReceivableEstimatedAverageDefaultRates_D490C23C61D0E840011FCEB4F4AE78A8" xlink:type="locator" />
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    <link:label id="lab_vac_ResultOfIncreaseInEstimatedDefaultRate_A2C21BBFDDABA5E29A49CEB4F4AE321D_terseLabel_en-US" xlink:label="lab_vac_ResultOfIncreaseInEstimatedDefaultRate_A2C21BBFDDABA5E29A49CEB4F4AE321D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Estimated default rate increases that would have resulted an increase in allowance for credit losses</link:label>
    <link:label id="lab_vac_ResultOfIncreaseInEstimatedDefaultRate_A2C21BBFDDABA5E29A49CEB4F4AE321D_label_en-US" xlink:label="lab_vac_ResultOfIncreaseInEstimatedDefaultRate_A2C21BBFDDABA5E29A49CEB4F4AE321D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Result of Increase in Estimated Default Rate</link:label>
    <link:label id="lab_vac_ResultOfIncreaseInEstimatedDefaultRate_A2C21BBFDDABA5E29A49CEB4F4AE321D_documentation_en-US" xlink:label="lab_vac_ResultOfIncreaseInEstimatedDefaultRate_A2C21BBFDDABA5E29A49CEB4F4AE321D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The projected increased default rate to apply to the allowance for credit losses.</link:label>
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    <link:label id="lab_vac_FinancingReceivableAllowanceForCreditLossesThatWouldHaveBeenIncreased_52E5D9BA129ED11AAAA5CEB4F4AEE5ED_label_en-US" xlink:label="lab_vac_FinancingReceivableAllowanceForCreditLossesThatWouldHaveBeenIncreased_52E5D9BA129ED11AAAA5CEB4F4AEE5ED" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financing Receivable, Allowance For Credit Losses, That Would Have Been Increased</link:label>
    <link:label id="lab_vac_FinancingReceivableAllowanceForCreditLossesThatWouldHaveBeenIncreased_52E5D9BA129ED11AAAA5CEB4F4AEE5ED_documentation_en-US" xlink:label="lab_vac_FinancingReceivableAllowanceForCreditLossesThatWouldHaveBeenIncreased_52E5D9BA129ED11AAAA5CEB4F4AEE5ED" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financing Receivable, Allowance For Credit Losses, That Would Have Been Increased</link:label>
    <link:loc xlink:href="vac-20180331.xsd#vac_FinancingReceivableAllowanceForCreditLossesThatWouldHaveBeenIncreased" xlink:label="loc_vac_FinancingReceivableAllowanceForCreditLossesThatWouldHaveBeenIncreased_52E5D9BA129ED11AAAA5CEB4F4AEE5ED" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vac_FinancingReceivableAllowanceForCreditLossesThatWouldHaveBeenIncreased_52E5D9BA129ED11AAAA5CEB4F4AEE5ED" xlink:to="lab_vac_FinancingReceivableAllowanceForCreditLossesThatWouldHaveBeenIncreased_52E5D9BA129ED11AAAA5CEB4F4AEE5ED" xlink:type="arc" />
    <link:label id="lab_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_61B00A04BF064833E2BB49475BA4117D_terseLabel_en-US" xlink:label="lab_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_61B00A04BF064833E2BB49475BA4117D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Variable Interest Entity</link:label>
    <link:label id="lab_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_61B00A04BF064833E2BB49475BA4117D_label_en-US" xlink:label="lab_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_61B00A04BF064833E2BB49475BA4117D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable Interest Entity, Primary Beneficiary [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="loc_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_61B00A04BF064833E2BB49475BA4117D" xlink:type="locator" />
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    <link:label id="lab_us-gaap_InterestExpenseRelatedParty_30D4E77ABA3A4294B5D649475BA4FB6B_terseLabel_en-US" xlink:label="lab_us-gaap_InterestExpenseRelatedParty_30D4E77ABA3A4294B5D649475BA4FB6B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest expense to investors</link:label>
    <link:label id="lab_us-gaap_InterestExpenseRelatedParty_30D4E77ABA3A4294B5D649475BA4FB6B_label_en-US" xlink:label="lab_us-gaap_InterestExpenseRelatedParty_30D4E77ABA3A4294B5D649475BA4FB6B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Expense, Related Party</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InterestExpenseRelatedParty" xlink:label="loc_us-gaap_InterestExpenseRelatedParty_30D4E77ABA3A4294B5D649475BA4FB6B" xlink:type="locator" />
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    <link:label id="lab_us-gaap_AmortizationOfFinancingCosts_E0C9029C0F66D8062E1F49475BA41D53_verboseLabel_en-US" xlink:label="lab_us-gaap_AmortizationOfFinancingCosts_E0C9029C0F66D8062E1F49475BA41D53" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Debt issuance cost amortization</link:label>
    <link:label id="lab_us-gaap_AmortizationOfFinancingCosts_E0C9029C0F66D8062E1F49475BA41D53_label_en-US" xlink:label="lab_us-gaap_AmortizationOfFinancingCosts_E0C9029C0F66D8062E1F49475BA41D53" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amortization of Debt Issuance Costs</link:label>
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    <link:label id="lab_us-gaap_GeneralAndAdministrativeExpense_5D03856490DA6E8F090849475BA478CE_terseLabel_en-US" xlink:label="lab_us-gaap_GeneralAndAdministrativeExpense_5D03856490DA6E8F090849475BA478CE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Administrative expenses</link:label>
    <link:label id="lab_us-gaap_GeneralAndAdministrativeExpense_5D03856490DA6E8F090849475BA478CE_label_en-US" xlink:label="lab_us-gaap_GeneralAndAdministrativeExpense_5D03856490DA6E8F090849475BA478CE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">General and Administrative Expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_GeneralAndAdministrativeExpense" xlink:label="loc_us-gaap_GeneralAndAdministrativeExpense_5D03856490DA6E8F090849475BA478CE" xlink:type="locator" />
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    <link:label id="lab_us-gaap_IncomeTaxDisclosureAbstract_BE0168BEE9C381B796892FDADD261B1F_label_en-US" xlink:label="lab_us-gaap_IncomeTaxDisclosureAbstract_E708E003142558E99922B18DBE5786C7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Tax Disclosure [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeTaxDisclosureAbstract" xlink:label="loc_us-gaap_IncomeTaxDisclosureAbstract_E708E003142558E99922B18DBE5786C7" xlink:type="locator" />
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    <link:label id="lab_us-gaap_IncomeTaxDisclosureTextBlock_873F47B27D8EA5F231202FDADD26AE7C_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxDisclosureTextBlock_BAD66397FBD7540ABFD3C7DA39E5628E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">INCOME TAXES</link:label>
    <link:label id="lab_us-gaap_IncomeTaxDisclosureTextBlock_873F47B27D8EA5F231202FDADD26AE7C_label_en-US" xlink:label="lab_us-gaap_IncomeTaxDisclosureTextBlock_BAD66397FBD7540ABFD3C7DA39E5628E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Tax Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeTaxDisclosureTextBlock" xlink:label="loc_us-gaap_IncomeTaxDisclosureTextBlock_BAD66397FBD7540ABFD3C7DA39E5628E" xlink:type="locator" />
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    <link:label id="lab_us-gaap_DebtDisclosureAbstract_3E3D552CFCE0A3146C8E2C729139FE8B_label_en-US" xlink:label="lab_us-gaap_DebtDisclosureAbstract_3E3D552CFCE0A3146C8E2C729139FE8B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Disclosure [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DebtDisclosureAbstract" xlink:label="loc_us-gaap_DebtDisclosureAbstract_3E3D552CFCE0A3146C8E2C729139FE8B" xlink:type="locator" />
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    <link:label id="lab_vac_RestrictedCashMember_90C796C8A100C2FF967D49475BDCCBE3_documentation_en-US" xlink:label="lab_vac_RestrictedCashMember_90C796C8A100C2FF967D49475BDCCBE3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Restricted Cash</link:label>
    <link:loc xlink:href="vac-20180331.xsd#vac_RestrictedCashMember" xlink:label="loc_vac_RestrictedCashMember_90C796C8A100C2FF967D49475BDCCBE3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vac_RestrictedCashMember_90C796C8A100C2FF967D49475BDCCBE3" xlink:to="lab_vac_RestrictedCashMember_90C796C8A100C2FF967D49475BDCCBE3" xlink:type="arc" />
    <link:label id="lab_vac_InterestPayableMember_4DCFBAA8716842AB608949475BDC6B8E_terseLabel_en-US" xlink:label="lab_vac_InterestPayableMember_4DCFBAA8716842AB608949475BDC6B8E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest payable</link:label>
    <link:label id="lab_vac_InterestPayableMember_4DCFBAA8716842AB608949475BDC6B8E_label_en-US" xlink:label="lab_vac_InterestPayableMember_4DCFBAA8716842AB608949475BDC6B8E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Payable [Member]</link:label>
    <link:label id="lab_vac_InterestPayableMember_4DCFBAA8716842AB608949475BDC6B8E_documentation_en-US" xlink:label="lab_vac_InterestPayableMember_4DCFBAA8716842AB608949475BDC6B8E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest Payable</link:label>
    <link:loc xlink:href="vac-20180331.xsd#vac_InterestPayableMember" xlink:label="loc_vac_InterestPayableMember_4DCFBAA8716842AB608949475BDC6B8E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vac_InterestPayableMember_4DCFBAA8716842AB608949475BDC6B8E" xlink:to="lab_vac_InterestPayableMember_4DCFBAA8716842AB608949475BDC6B8E" xlink:type="arc" />
    <link:label id="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_BD9C3A3D806C92AE92E749475BDD2262_terseLabel_en-US" xlink:label="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_BD9C3A3D806C92AE92E749475BDD2262" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">VIE Assets</link:label>
    <link:label id="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_BD9C3A3D806C92AE92E749475BDD2262_label_en-US" xlink:label="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_BD9C3A3D806C92AE92E749475BDD2262" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable Interest Entity, Consolidated, Carrying Amount, Assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets" xlink:label="loc_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_BD9C3A3D806C92AE92E749475BDD2262" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_BD9C3A3D806C92AE92E749475BDD2262" xlink:to="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_BD9C3A3D806C92AE92E749475BDD2262" xlink:type="arc" />
    <link:label id="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities_26ECA185C4E298C7232649475BDDCA9F_terseLabel_en-US" xlink:label="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities_26ECA185C4E298C7232649475BDDCA9F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">VIE Liabilities</link:label>
    <link:label id="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities_26ECA185C4E298C7232649475BDDCA9F_label_en-US" xlink:label="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities_26ECA185C4E298C7232649475BDDCA9F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable Interest Entity, Consolidated, Carrying Amount, Liabilities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities" xlink:label="loc_us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities_26ECA185C4E298C7232649475BDDCA9F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities_26ECA185C4E298C7232649475BDDCA9F" xlink:to="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities_26ECA185C4E298C7232649475BDDCA9F" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementOfFinancialPositionAbstract_4942E1099ED5CE55D36327BC36B7C841_label_en-US" xlink:label="lab_us-gaap_StatementOfFinancialPositionAbstract_4942E1099ED5CE55D36327BC36B7C841" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of Financial Position [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementOfFinancialPositionAbstract" xlink:label="loc_us-gaap_StatementOfFinancialPositionAbstract_4942E1099ED5CE55D36327BC36B7C841" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementOfFinancialPositionAbstract_4942E1099ED5CE55D36327BC36B7C841" xlink:to="lab_us-gaap_StatementOfFinancialPositionAbstract_4942E1099ED5CE55D36327BC36B7C841" xlink:type="arc" />
    <link:label id="lab_us-gaap_AssetsAbstract_0140E2AE48FE5747014F27BC36B7B9FC_terseLabel_en-US" xlink:label="lab_us-gaap_AssetsAbstract_0140E2AE48FE5747014F27BC36B7B9FC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">ASSETS</link:label>
    <link:label id="lab_us-gaap_AssetsAbstract_0140E2AE48FE5747014F27BC36B7B9FC_label_en-US" xlink:label="lab_us-gaap_AssetsAbstract_0140E2AE48FE5747014F27BC36B7B9FC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="loc_us-gaap_AssetsAbstract_0140E2AE48FE5747014F27BC36B7B9FC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AssetsAbstract_0140E2AE48FE5747014F27BC36B7B9FC" xlink:to="lab_us-gaap_AssetsAbstract_0140E2AE48FE5747014F27BC36B7B9FC" xlink:type="arc" />
    <link:label id="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_E44E2B1702D18F087D6D27BC36B7402A_terseLabel_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_E44E2B1702D18F087D6D27BC36B7402A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash and cash equivalents</link:label>
    <link:label id="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_E44E2B1702D18F087D6D27BC36B7402A_label_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_E44E2B1702D18F087D6D27BC36B7402A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash and Cash Equivalents, at Carrying Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_E44E2B1702D18F087D6D27BC36B7402A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_E44E2B1702D18F087D6D27BC36B7402A" xlink:to="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_E44E2B1702D18F087D6D27BC36B7402A" xlink:type="arc" />
    <link:label id="lab_us-gaap_RestrictedCashAndCashEquivalents_12D373CAC56E65BCE6D327BC36B7B691_verboseLabel_en-US" xlink:label="lab_us-gaap_RestrictedCashAndCashEquivalents_12D373CAC56E65BCE6D327BC36B7B691" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Restricted cash (including $34,987 and $32,321 from VIEs, respectively)</link:label>
    <link:label id="lab_us-gaap_RestrictedCashAndCashEquivalents_12D373CAC56E65BCE6D327BC36B7B691_label_en-US" xlink:label="lab_us-gaap_RestrictedCashAndCashEquivalents_12D373CAC56E65BCE6D327BC36B7B691" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Restricted Cash and Cash Equivalents</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RestrictedCashAndCashEquivalents" xlink:label="loc_us-gaap_RestrictedCashAndCashEquivalents_12D373CAC56E65BCE6D327BC36B7B691" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RestrictedCashAndCashEquivalents_12D373CAC56E65BCE6D327BC36B7B691" xlink:to="lab_us-gaap_RestrictedCashAndCashEquivalents_12D373CAC56E65BCE6D327BC36B7B691" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccountsReceivableNet_89AD06F65285E9DE711C27BC36B7DE68_verboseLabel_en-US" xlink:label="lab_us-gaap_AccountsReceivableNet_89AD06F65285E9DE711C27BC36B7DE68" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Accounts receivable, net (including $4,816 and $5,639 from VIEs, respectively)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccountsReceivableNet" xlink:label="loc_us-gaap_AccountsReceivableNet_89AD06F65285E9DE711C27BC36B7DE68" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccountsReceivableNet_89AD06F65285E9DE711C27BC36B7DE68" xlink:to="lab_us-gaap_AccountsReceivableNet_89AD06F65285E9DE711C27BC36B7DE68" xlink:type="arc" />
    <link:label id="lab_us-gaap_NotesReceivableNet_3825F5CDA3BEC28C15E927BC36B7C18D_verboseLabel_en-US" xlink:label="lab_us-gaap_NotesReceivableNet_3825F5CDA3BEC28C15E927BC36B7C18D" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Vacation ownership notes receivable, net (including $725,835 and $814,011 from VIEs, respectively)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NotesReceivableNet" xlink:label="loc_us-gaap_NotesReceivableNet_3825F5CDA3BEC28C15E927BC36B7C18D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NotesReceivableNet_3825F5CDA3BEC28C15E927BC36B7C18D" xlink:to="lab_us-gaap_NotesReceivableNet_3825F5CDA3BEC28C15E927BC36B7C18D" xlink:type="arc" />
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentNet_50F233BE7CE8A7480E2A27BC36B76785_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentNet_50F233BE7CE8A7480E2A27BC36B76785" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property and equipment</link:label>
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentNet_50F233BE7CE8A7480E2A27BC36B76785_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentNet_50F233BE7CE8A7480E2A27BC36B76785" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PropertyPlantAndEquipmentNet" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentNet_50F233BE7CE8A7480E2A27BC36B76785" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentNet_50F233BE7CE8A7480E2A27BC36B76785" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentNet_50F233BE7CE8A7480E2A27BC36B76785" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherAssets_D5EAD6F5D4F47786A8A327BC36B7ABB6_terseLabel_en-US" xlink:label="lab_us-gaap_OtherAssets_D5EAD6F5D4F47786A8A327BC36B7ABB6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other (including $22,497 and $13,708 from VIEs, respectively)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherAssets" xlink:label="loc_us-gaap_OtherAssets_D5EAD6F5D4F47786A8A327BC36B7ABB6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherAssets_D5EAD6F5D4F47786A8A327BC36B7ABB6" xlink:to="lab_us-gaap_OtherAssets_D5EAD6F5D4F47786A8A327BC36B7ABB6" xlink:type="arc" />
    <link:label id="lab_us-gaap_Assets_52ED17BBBBCA3B42904927BC36B7D40D_totalLabel_en-US" xlink:label="lab_us-gaap_Assets_52ED17BBBBCA3B42904927BC36B7D40D" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">TOTAL ASSETS</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_Assets" xlink:label="loc_us-gaap_Assets_52ED17BBBBCA3B42904927BC36B7D40D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Assets_52ED17BBBBCA3B42904927BC36B7D40D" xlink:to="lab_us-gaap_Assets_52ED17BBBBCA3B42904927BC36B7D40D" xlink:type="arc" />
    <link:label id="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_0B2413F1AB4A21F935CC27BC36B77EF4_terseLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_0B2413F1AB4A21F935CC27BC36B77EF4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">LIABILITIES AND EQUITY</link:label>
    <link:label id="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_0B2413F1AB4A21F935CC27BC36B77EF4_label_en-US" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_0B2413F1AB4A21F935CC27BC36B77EF4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities and Equity [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="loc_us-gaap_LiabilitiesAndStockholdersEquityAbstract_0B2413F1AB4A21F935CC27BC36B77EF4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LiabilitiesAndStockholdersEquityAbstract_0B2413F1AB4A21F935CC27BC36B77EF4" xlink:to="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_0B2413F1AB4A21F935CC27BC36B77EF4" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccountsPayableCurrentAndNoncurrent_1B856CEBF05B5D6E45FB27BC36B77D7F_terseLabel_en-US" xlink:label="lab_us-gaap_AccountsPayableCurrentAndNoncurrent_1B856CEBF05B5D6E45FB27BC36B77D7F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounts payable</link:label>
    <link:label id="lab_us-gaap_AccountsPayableCurrentAndNoncurrent_1B856CEBF05B5D6E45FB27BC36B77D7F_label_en-US" xlink:label="lab_us-gaap_AccountsPayableCurrentAndNoncurrent_1B856CEBF05B5D6E45FB27BC36B77D7F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accounts Payable</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccountsPayableCurrentAndNoncurrent" xlink:label="loc_us-gaap_AccountsPayableCurrentAndNoncurrent_1B856CEBF05B5D6E45FB27BC36B77D7F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccountsPayableCurrentAndNoncurrent_1B856CEBF05B5D6E45FB27BC36B77D7F" xlink:to="lab_us-gaap_AccountsPayableCurrentAndNoncurrent_1B856CEBF05B5D6E45FB27BC36B77D7F" xlink:type="arc" />
    <link:label id="lab_vac_ContractwithCustomerLiabilityAdvanceDeposit_1C1EF1D683F57248C60527BC36B7D82E_terseLabel_en-US" xlink:label="lab_vac_ContractwithCustomerLiabilityAdvanceDeposit_1C1EF1D683F57248C60527BC36B7D82E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advance deposits</link:label>
    <link:label id="lab_vac_ContractwithCustomerLiabilityAdvanceDeposit_1C1EF1D683F57248C60527BC36B7D82E_label_en-US" xlink:label="lab_vac_ContractwithCustomerLiabilityAdvanceDeposit_1C1EF1D683F57248C60527BC36B7D82E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contract with Customer, Liability, Advance Deposit</link:label>
    <link:label id="lab_vac_ContractwithCustomerLiabilityAdvanceDeposit_1C1EF1D683F57248C60527BC36B7D82E_documentation_en-US" xlink:label="lab_vac_ContractwithCustomerLiabilityAdvanceDeposit_1C1EF1D683F57248C60527BC36B7D82E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amount of obligation to transfer good or service to customer for which consideration has been received from customer through an advanced deposit.</link:label>
    <link:loc xlink:href="vac-20180331.xsd#vac_ContractwithCustomerLiabilityAdvanceDeposit" xlink:label="loc_vac_ContractwithCustomerLiabilityAdvanceDeposit_1C1EF1D683F57248C60527BC36B7D82E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vac_ContractwithCustomerLiabilityAdvanceDeposit_1C1EF1D683F57248C60527BC36B7D82E" xlink:to="lab_vac_ContractwithCustomerLiabilityAdvanceDeposit_1C1EF1D683F57248C60527BC36B7D82E" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccruedLiabilitiesCurrentAndNoncurrent_AF9FC85E8F2143A3179727BC36B79D07_verboseLabel_en-US" xlink:label="lab_us-gaap_AccruedLiabilitiesCurrentAndNoncurrent_AF9FC85E8F2143A3179727BC36B79D07" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Accrued liabilities (including $616 and $701 from VIEs, respectively)</link:label>
    <link:label id="lab_us-gaap_AccruedLiabilitiesCurrentAndNoncurrent_AF9FC85E8F2143A3179727BC36B79D07_label_en-US" xlink:label="lab_us-gaap_AccruedLiabilitiesCurrentAndNoncurrent_AF9FC85E8F2143A3179727BC36B79D07" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accrued Liabilities</link:label>
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    <link:label id="lab_us-gaap_DeferredCompensationLiabilityCurrentAndNoncurrent_02C8D8B5E1531BB1E12F27BC36B79905_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredCompensationLiabilityCurrentAndNoncurrent_02C8D8B5E1531BB1E12F27BC36B79905" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred compensation liability</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredTaxLiabilities" xlink:label="loc_us-gaap_DeferredTaxLiabilities_A9BE45B57C11B4E359A227BC36C76858" xlink:type="locator" />
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_Liabilities" xlink:label="loc_us-gaap_Liabilities_7C13AE6008992EEE83B927BC36C779FE" xlink:type="locator" />
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    <link:label id="lab_us-gaap_CommitmentsAndContingencies_755678CC1D102203E1C527BC36C7AB84_label_en-US" xlink:label="lab_us-gaap_CommitmentsAndContingencies_755678CC1D102203E1C527BC36C7AB84" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Commitments and Contingencies</link:label>
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    <link:label id="lab_us-gaap_PreferredStockValue_F1AB2DB7943998CD89A827BC36C7830B_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockValue_F1AB2DB7943998CD89A827BC36C7830B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Preferred stock &#8212; $0.01 par value; 2,000,000 shares authorized; none issued or outstanding</link:label>
    <link:label id="lab_us-gaap_PreferredStockValue_F1AB2DB7943998CD89A827BC36C7830B_label_en-US" xlink:label="lab_us-gaap_PreferredStockValue_F1AB2DB7943998CD89A827BC36C7830B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Preferred Stock, Value, Issued</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PreferredStockValue" xlink:label="loc_us-gaap_PreferredStockValue_F1AB2DB7943998CD89A827BC36C7830B" xlink:type="locator" />
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    <link:label id="lab_us-gaap_CommonStockValue_8E91075DB8D09E675F8927BC36C709DE_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockValue_8E91075DB8D09E675F8927BC36C709DE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common stock &#8212; $0.01 par value; 100,000,000 shares authorized; 36,976,481 and 36,861,843 shares issued, respectively</link:label>
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    <link:label id="lab_us-gaap_LiabilitiesAndStockholdersEquity_D10285DF0C8FBF3817C927BC36C79788_label_en-US" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquity_D10285DF0C8FBF3817C927BC36C79788" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities and Equity</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:label="loc_us-gaap_LiabilitiesAndStockholdersEquity_D10285DF0C8FBF3817C927BC36C79788" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LiabilitiesAndStockholdersEquity_D10285DF0C8FBF3817C927BC36C79788" xlink:to="lab_us-gaap_LiabilitiesAndStockholdersEquity_D10285DF0C8FBF3817C927BC36C79788" xlink:type="arc" />
    <link:label id="lab_vac_EligibleForSecuritizationMember_3D450F6809A6243F31144E143504235B_terseLabel_en-US" xlink:label="lab_vac_EligibleForSecuritizationMember_3D450F6809A6243F31144E143504235B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Eligible for securitization</link:label>
    <link:label id="lab_vac_EligibleForSecuritizationMember_3D450F6809A6243F31144E143504235B_label_en-US" xlink:label="lab_vac_EligibleForSecuritizationMember_3D450F6809A6243F31144E143504235B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Eligible for Securitization [Member]</link:label>
    <link:label id="lab_vac_EligibleForSecuritizationMember_3D450F6809A6243F31144E143504235B_documentation_en-US" xlink:label="lab_vac_EligibleForSecuritizationMember_3D450F6809A6243F31144E143504235B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Eligible for Securitization [Member]</link:label>
    <link:loc xlink:href="vac-20180331.xsd#vac_EligibleForSecuritizationMember" xlink:label="loc_vac_EligibleForSecuritizationMember_3D450F6809A6243F31144E143504235B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vac_EligibleForSecuritizationMember_3D450F6809A6243F31144E143504235B" xlink:to="lab_vac_EligibleForSecuritizationMember_3D450F6809A6243F31144E143504235B" xlink:type="arc" />
    <link:label id="lab_vac_NotEligibleForSecuritizationMember_C3426EE0D098EC71DF524E1435040205_terseLabel_en-US" xlink:label="lab_vac_NotEligibleForSecuritizationMember_C3426EE0D098EC71DF524E1435040205" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Not eligible for securitization</link:label>
    <link:label id="lab_vac_NotEligibleForSecuritizationMember_C3426EE0D098EC71DF524E1435040205_label_en-US" xlink:label="lab_vac_NotEligibleForSecuritizationMember_C3426EE0D098EC71DF524E1435040205" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Not Eligible for Securitization [Member]</link:label>
    <link:label id="lab_vac_NotEligibleForSecuritizationMember_C3426EE0D098EC71DF524E1435040205_documentation_en-US" xlink:label="lab_vac_NotEligibleForSecuritizationMember_C3426EE0D098EC71DF524E1435040205" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Not Eligible for Securitization [Member]</link:label>
    <link:loc xlink:href="vac-20180331.xsd#vac_NotEligibleForSecuritizationMember" xlink:label="loc_vac_NotEligibleForSecuritizationMember_C3426EE0D098EC71DF524E1435040205" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vac_NotEligibleForSecuritizationMember_C3426EE0D098EC71DF524E1435040205" xlink:to="lab_vac_NotEligibleForSecuritizationMember_C3426EE0D098EC71DF524E1435040205" xlink:type="arc" />
    <link:label id="lab_us-gaap_ContractWithCustomerAssetNetAbstract_3D793CB8171F6D9C37B027A5CE1C60A8_terseLabel_en-US" xlink:label="lab_us-gaap_ContractWithCustomerAssetNetAbstract_3D793CB8171F6D9C37B027A5CE1C60A8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Receivables</link:label>
    <link:label id="lab_us-gaap_ContractWithCustomerAssetNetAbstract_3D793CB8171F6D9C37B027A5CE1C60A8_label_en-US" xlink:label="lab_us-gaap_ContractWithCustomerAssetNetAbstract_3D793CB8171F6D9C37B027A5CE1C60A8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contract with Customer, Asset, Net [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ContractWithCustomerAssetNetAbstract" xlink:label="loc_us-gaap_ContractWithCustomerAssetNetAbstract_3D793CB8171F6D9C37B027A5CE1C60A8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ContractWithCustomerAssetNetAbstract_3D793CB8171F6D9C37B027A5CE1C60A8" xlink:to="lab_us-gaap_ContractWithCustomerAssetNetAbstract_3D793CB8171F6D9C37B027A5CE1C60A8" xlink:type="arc" />
    <link:label id="lab_vac_ContractsWithCustomersAccountsReceivable_73885BECA18CF2C7B6EA27A5CE1C73CC_terseLabel_en-US" xlink:label="lab_vac_ContractsWithCustomersAccountsReceivable_73885BECA18CF2C7B6EA27A5CE1C73CC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounts receivable</link:label>
    <link:label id="lab_vac_ContractsWithCustomersAccountsReceivable_73885BECA18CF2C7B6EA27A5CE1C73CC_label_en-US" xlink:label="lab_vac_ContractsWithCustomersAccountsReceivable_73885BECA18CF2C7B6EA27A5CE1C73CC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contracts With Customers, Accounts Receivable</link:label>
    <link:label id="lab_vac_ContractsWithCustomersAccountsReceivable_73885BECA18CF2C7B6EA27A5CE1C73CC_documentation_en-US" xlink:label="lab_vac_ContractsWithCustomersAccountsReceivable_73885BECA18CF2C7B6EA27A5CE1C73CC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The right to consideration that is unconditional from contracts with customers that is classified within accounts receivable</link:label>
    <link:loc xlink:href="vac-20180331.xsd#vac_ContractsWithCustomersAccountsReceivable" xlink:label="loc_vac_ContractsWithCustomersAccountsReceivable_73885BECA18CF2C7B6EA27A5CE1C73CC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vac_ContractsWithCustomersAccountsReceivable_73885BECA18CF2C7B6EA27A5CE1C73CC" xlink:to="lab_vac_ContractsWithCustomersAccountsReceivable_73885BECA18CF2C7B6EA27A5CE1C73CC" xlink:type="arc" />
    <link:label id="lab_vac_ContractwithCustomerReceivable_216ED412262FA3133B5927A5CE1C18E8_totalLabel_en-US" xlink:label="lab_vac_ContractwithCustomerReceivable_216ED412262FA3133B5927A5CE1C18E8" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Receivables</link:label>
    <link:label id="lab_vac_ContractwithCustomerReceivable_216ED412262FA3133B5927A5CE1C18E8_label_en-US" xlink:label="lab_vac_ContractwithCustomerReceivable_216ED412262FA3133B5927A5CE1C18E8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contract with Customer, Receivable</link:label>
    <link:label id="lab_vac_ContractwithCustomerReceivable_216ED412262FA3133B5927A5CE1C18E8_documentation_en-US" xlink:label="lab_vac_ContractwithCustomerReceivable_216ED412262FA3133B5927A5CE1C18E8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The total right to consideration that is unconditional from contracts with customers</link:label>
    <link:loc xlink:href="vac-20180331.xsd#vac_ContractwithCustomerReceivable" xlink:label="loc_vac_ContractwithCustomerReceivable_216ED412262FA3133B5927A5CE1C18E8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vac_ContractwithCustomerReceivable_216ED412262FA3133B5927A5CE1C18E8" xlink:to="lab_vac_ContractwithCustomerReceivable_216ED412262FA3133B5927A5CE1C18E8" xlink:type="arc" />
    <link:label id="lab_us-gaap_ContractWithCustomerLiabilityAbstract_CD96CE8FF94EBE88640F27A5CE1CBD36_terseLabel_en-US" xlink:label="lab_us-gaap_ContractWithCustomerLiabilityAbstract_CD96CE8FF94EBE88640F27A5CE1CBD36" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Contract Liabilities</link:label>
    <link:label id="lab_us-gaap_ContractWithCustomerLiabilityAbstract_CD96CE8FF94EBE88640F27A5CE1CBD36_label_en-US" xlink:label="lab_us-gaap_ContractWithCustomerLiabilityAbstract_CD96CE8FF94EBE88640F27A5CE1CBD36" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contract with Customer, Liability [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ContractWithCustomerLiabilityAbstract" xlink:label="loc_us-gaap_ContractWithCustomerLiabilityAbstract_CD96CE8FF94EBE88640F27A5CE1CBD36" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ContractWithCustomerLiabilityAbstract_CD96CE8FF94EBE88640F27A5CE1CBD36" xlink:to="lab_us-gaap_ContractWithCustomerLiabilityAbstract_CD96CE8FF94EBE88640F27A5CE1CBD36" xlink:type="arc" />
    <link:label id="lab_us-gaap_ContractWithCustomerLiability_A0F6CFEE6E22EF872EBB27A5CE1D1562_totalLabel_en-US" xlink:label="lab_us-gaap_ContractWithCustomerLiability_A0F6CFEE6E22EF872EBB27A5CE1D1562" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Contract Liabilities</link:label>
    <link:label id="lab_us-gaap_ContractWithCustomerLiability_A0F6CFEE6E22EF872EBB27A5CE1D1562_label_en-US" xlink:label="lab_us-gaap_ContractWithCustomerLiability_A0F6CFEE6E22EF872EBB27A5CE1D1562" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contract with Customer, Liability</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ContractWithCustomerLiability" xlink:label="loc_us-gaap_ContractWithCustomerLiability_A0F6CFEE6E22EF872EBB27A5CE1D1562" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ContractWithCustomerLiability_A0F6CFEE6E22EF872EBB27A5CE1D1562" xlink:to="lab_us-gaap_ContractWithCustomerLiability_A0F6CFEE6E22EF872EBB27A5CE1D1562" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeStatementAbstract_DB59377639108C0E02401C2983A7C887_label_en-US" xlink:label="lab_us-gaap_IncomeStatementAbstract_DB59377639108C0E02401C2983A7C887" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Statement [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeStatementAbstract" xlink:label="loc_us-gaap_IncomeStatementAbstract_DB59377639108C0E02401C2983A7C887" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeStatementAbstract_DB59377639108C0E02401C2983A7C887" xlink:to="lab_us-gaap_IncomeStatementAbstract_DB59377639108C0E02401C2983A7C887" xlink:type="arc" />
    <link:label id="lab_us-gaap_RevenuesAbstract_86F37784265199CDA9CE1C2983A7F140_terseLabel_en-US" xlink:label="lab_us-gaap_RevenuesAbstract_86F37784265199CDA9CE1C2983A7F140" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">REVENUES</link:label>
    <link:label id="lab_us-gaap_RevenuesAbstract_86F37784265199CDA9CE1C2983A7F140_label_en-US" xlink:label="lab_us-gaap_RevenuesAbstract_86F37784265199CDA9CE1C2983A7F140" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenues [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RevenuesAbstract" xlink:label="loc_us-gaap_RevenuesAbstract_86F37784265199CDA9CE1C2983A7F140" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RevenuesAbstract_86F37784265199CDA9CE1C2983A7F140" xlink:to="lab_us-gaap_RevenuesAbstract_86F37784265199CDA9CE1C2983A7F140" xlink:type="arc" />
    <link:label id="lab_vac_ResortManagementAndOtherServicesRevenue_A5523AB3C1B889B2359D1C2983A72A6A_terseLabel_en-US" xlink:label="lab_vac_ResortManagementAndOtherServicesRevenue_A5523AB3C1B889B2359D1C2983A72A6A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Resort management and other services</link:label>
    <link:loc xlink:href="vac-20180331.xsd#vac_ResortManagementAndOtherServicesRevenue" xlink:label="loc_vac_ResortManagementAndOtherServicesRevenue_A5523AB3C1B889B2359D1C2983A72A6A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vac_ResortManagementAndOtherServicesRevenue_A5523AB3C1B889B2359D1C2983A72A6A" xlink:to="lab_vac_ResortManagementAndOtherServicesRevenue_A5523AB3C1B889B2359D1C2983A72A6A" xlink:type="arc" />
    <link:label id="lab_us-gaap_CostsAndExpensesAbstract_C50949F9989B3A2EFD6B1C2983A7745D_terseLabel_en-US" xlink:label="lab_us-gaap_CostsAndExpensesAbstract_C50949F9989B3A2EFD6B1C2983A7745D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">EXPENSES</link:label>
    <link:label id="lab_us-gaap_CostsAndExpensesAbstract_C50949F9989B3A2EFD6B1C2983A7745D_label_en-US" xlink:label="lab_us-gaap_CostsAndExpensesAbstract_C50949F9989B3A2EFD6B1C2983A7745D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Costs and Expenses [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CostsAndExpensesAbstract" xlink:label="loc_us-gaap_CostsAndExpensesAbstract_C50949F9989B3A2EFD6B1C2983A7745D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CostsAndExpensesAbstract_C50949F9989B3A2EFD6B1C2983A7745D" xlink:to="lab_us-gaap_CostsAndExpensesAbstract_C50949F9989B3A2EFD6B1C2983A7745D" xlink:type="arc" />
    <link:label id="lab_us-gaap_TimeShareCosts_43916F8B6F160E1B7D081C2983A76E2A_terseLabel_en-US" xlink:label="lab_us-gaap_TimeShareCosts_43916F8B6F160E1B7D081C2983A76E2A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cost of vacation ownership products</link:label>
    <link:label id="lab_us-gaap_TimeShareCosts_43916F8B6F160E1B7D081C2983A76E2A_label_en-US" xlink:label="lab_us-gaap_TimeShareCosts_43916F8B6F160E1B7D081C2983A76E2A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Time Share Costs</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_TimeShareCosts" xlink:label="loc_us-gaap_TimeShareCosts_43916F8B6F160E1B7D081C2983A76E2A" xlink:type="locator" />
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    <link:label id="lab_us-gaap_SellingAndMarketingExpense_9EFCF0A78199CF3EAE251C2983A7E903_terseLabel_en-US" xlink:label="lab_us-gaap_SellingAndMarketingExpense_9EFCF0A78199CF3EAE251C2983A7E903" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Marketing and sales</link:label>
    <link:label id="lab_us-gaap_SellingAndMarketingExpense_9EFCF0A78199CF3EAE251C2983A7E903_label_en-US" xlink:label="lab_us-gaap_SellingAndMarketingExpense_9EFCF0A78199CF3EAE251C2983A7E903" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Selling and Marketing Expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SellingAndMarketingExpense" xlink:label="loc_us-gaap_SellingAndMarketingExpense_9EFCF0A78199CF3EAE251C2983A7E903" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SellingAndMarketingExpense_9EFCF0A78199CF3EAE251C2983A7E903" xlink:to="lab_us-gaap_SellingAndMarketingExpense_9EFCF0A78199CF3EAE251C2983A7E903" xlink:type="arc" />
    <link:label id="lab_vac_ResortManagementAndOtherServicesExpenses_DE4C0D2E0BCDB498BCD61C2983A74498_terseLabel_en-US" xlink:label="lab_vac_ResortManagementAndOtherServicesExpenses_DE4C0D2E0BCDB498BCD61C2983A74498" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Resort management and other services</link:label>
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    <link:label id="lab_vac_ResortManagementAndOtherServicesExpenses_DE4C0D2E0BCDB498BCD61C2983A74498_documentation_en-US" xlink:label="lab_vac_ResortManagementAndOtherServicesExpenses_DE4C0D2E0BCDB498BCD61C2983A74498" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Resort management and other services expense include costs to operate the food and beverage and other ancillary operations and overall customer support services, including reservations.</link:label>
    <link:loc xlink:href="vac-20180331.xsd#vac_ResortManagementAndOtherServicesExpenses" xlink:label="loc_vac_ResortManagementAndOtherServicesExpenses_DE4C0D2E0BCDB498BCD61C2983A74498" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vac_ResortManagementAndOtherServicesExpenses_DE4C0D2E0BCDB498BCD61C2983A74498" xlink:to="lab_vac_ResortManagementAndOtherServicesExpenses_DE4C0D2E0BCDB498BCD61C2983A74498" xlink:type="arc" />
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    <link:label id="lab_us-gaap_FinancialServicesCosts_E3FA3F365760D59A91CB1C2983A7228C_label_en-US" xlink:label="lab_us-gaap_FinancialServicesCosts_E3FA3F365760D59A91CB1C2983A7228C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Services Costs</link:label>
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    <link:label id="lab_vac_RentalExpenses_D3B3625D6312425856071C2983A74194_documentation_en-US" xlink:label="lab_vac_RentalExpenses_D3B3625D6312425856071C2983A74194" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Costs including maintenance fees on unsold inventory, costs to provide alternate usage rights, subsidy payments to property owner associations, and marketing costs and direct operating and related expenses in connection with the rental business, including housekeeping, credit card expenses and reservation services.</link:label>
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    <link:label id="lab_vac_ConsumerFinancingInterestExpense_86C5720525E0D7D68C5C1C2983A7AEC6_terseLabel_en-US" xlink:label="lab_vac_ConsumerFinancingInterestExpense_86C5720525E0D7D68C5C1C2983A7AEC6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Consumer financing interest</link:label>
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    <link:label id="lab_vac_ConsumerFinancingInterestExpense_86C5720525E0D7D68C5C1C2983A7AEC6_documentation_en-US" xlink:label="lab_vac_ConsumerFinancingInterestExpense_86C5720525E0D7D68C5C1C2983A7AEC6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Consumer financing interest expense represents interest expense associated with the debt from our non-recourse warehouse credit facility and from the securitization of our vacation ownership notes receivable in the asset-backed securities market.</link:label>
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    <link:label id="lab_us-gaap_RoyaltyExpense_DE3376951E1D0C17E53F1C2983A7AF2D_terseLabel_en-US" xlink:label="lab_us-gaap_RoyaltyExpense_DE3376951E1D0C17E53F1C2983A7AF2D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Royalty fee</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RoyaltyExpense" xlink:label="loc_us-gaap_RoyaltyExpense_DE3376951E1D0C17E53F1C2983A7AF2D" xlink:type="locator" />
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    <link:label id="lab_us-gaap_CostsAndExpenses_56A3B7C7B1A2B934F6471C2983A78022_label_en-US" xlink:label="lab_us-gaap_CostsAndExpenses_56A3B7C7B1A2B934F6471C2983A78022" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Costs and Expenses</link:label>
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    <link:label id="lab_vac_VacationOwnershipProductsSalesIncentivesPeriod_339A31CD9F243509664927A88E9C73FD_terseLabel_en-US" xlink:label="lab_vac_VacationOwnershipProductsSalesIncentivesPeriod_339A31CD9F243509664927A88E9C73FD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Vacation ownership products, sales incentives, period</link:label>
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    <link:label id="lab_us-gaap_InventoryLineItems_B9D7AD39ED302C348F9F26B51E4BD48D_label_en-US" xlink:label="lab_us-gaap_InventoryLineItems_B9D7AD39ED302C348F9F26B51E4BD48D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Inventory [Line Items]</link:label>
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    <link:label id="lab_vac_AmountOfCompletedVacationOwnershipUnitsClassifiedAsPropertyAndEquipment_1889A9B56B54E3E6849426B51E4B8CB1_terseLabel_en-US" xlink:label="lab_vac_AmountOfCompletedVacationOwnershipUnitsClassifiedAsPropertyAndEquipment_1889A9B56B54E3E6849426B51E4B8CB1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amount of completed vacation ownership units classified as property and equipment</link:label>
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    <link:label id="lab_vac_CapitalLeasesMember_C8EF9E832E2F692B41182C72912FA113_terseLabel_en-US" xlink:label="lab_vac_CapitalLeasesMember_C8EF9E832E2F692B41182C72912FA113" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Capital Leases</link:label>
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