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    <link:label id="lab_us-gaap_InventoryRealEstateTimeshareAvailableForSale_0D819DB0810A555E3C08C0DCB3B21FDF_label_en-US" xlink:label="lab_us-gaap_InventoryRealEstateTimeshareAvailableForSale_0D819DB0810A555E3C08C0DCB3B21FDF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Inventory, Real Estate, Timeshare Available-for-sale</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_InventoryRealEstateTimeshareAvailableForSale_0D819DB0810A555E3C08C0DCB3B21FDF" xlink:to="lab_us-gaap_InventoryRealEstateTimeshareAvailableForSale_0D819DB0810A555E3C08C0DCB3B21FDF" xlink:type="arc" />
    <link:label id="lab_us-gaap_InventoryWorkInProcess_5EA73A442DBB877D7D66C0DCB3B33D42_terseLabel_en-US" xlink:label="lab_us-gaap_InventoryWorkInProcess_5EA73A442DBB877D7D66C0DCB3B33D42" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Work-in-progress</link:label>
    <link:label id="lab_us-gaap_InventoryWorkInProcess_5EA73A442DBB877D7D66C0DCB3B33D42_label_en-US" xlink:label="lab_us-gaap_InventoryWorkInProcess_5EA73A442DBB877D7D66C0DCB3B33D42" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Inventory, Work in Process, Gross</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_InventoryWorkInProcess" xlink:label="loc_us-gaap_InventoryWorkInProcess_5EA73A442DBB877D7D66C0DCB3B33D42" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InventoryWorkInProcess_5EA73A442DBB877D7D66C0DCB3B33D42" xlink:to="lab_us-gaap_InventoryWorkInProcess_5EA73A442DBB877D7D66C0DCB3B33D42" xlink:type="arc" />
    <link:label id="lab_vac_InventoryTimeshareGross_CD17A5A7B37119A31A3FC0DCB3B33733_totalLabel_en-US" xlink:label="lab_vac_InventoryTimeshareGross_CD17A5A7B37119A31A3FC0DCB3B33733" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Real estate inventory</link:label>
    <link:label id="lab_vac_InventoryTimeshareGross_CD17A5A7B37119A31A3FC0DCB3B33733_label_en-US" xlink:label="lab_vac_InventoryTimeshareGross_CD17A5A7B37119A31A3FC0DCB3B33733" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Inventory Timeshare, Gross</link:label>
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    <link:loc xlink:href="vac-20180930.xsd#vac_InventoryTimeshareGross" xlink:label="loc_vac_InventoryTimeshareGross_CD17A5A7B37119A31A3FC0DCB3B33733" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vac_InventoryTimeshareGross_CD17A5A7B37119A31A3FC0DCB3B33733" xlink:to="lab_vac_InventoryTimeshareGross_CD17A5A7B37119A31A3FC0DCB3B33733" xlink:type="arc" />
    <link:label id="lab_vac_OperatingSuppliesAndInventories_79289A697E3BF0A4270BC0DCB3B41EF3_terseLabel_en-US" xlink:label="lab_vac_OperatingSuppliesAndInventories_79289A697E3BF0A4270BC0DCB3B41EF3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Operating supplies and retail inventory</link:label>
    <link:label id="lab_vac_OperatingSuppliesAndInventories_79289A697E3BF0A4270BC0DCB3B41EF3_label_en-US" xlink:label="lab_vac_OperatingSuppliesAndInventories_79289A697E3BF0A4270BC0DCB3B41EF3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Supplies and Inventories</link:label>
    <link:label id="lab_vac_OperatingSuppliesAndInventories_79289A697E3BF0A4270BC0DCB3B41EF3_documentation_en-US" xlink:label="lab_vac_OperatingSuppliesAndInventories_79289A697E3BF0A4270BC0DCB3B41EF3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Operating Supplies and Inventories</link:label>
    <link:loc xlink:href="vac-20180930.xsd#vac_OperatingSuppliesAndInventories" xlink:label="loc_vac_OperatingSuppliesAndInventories_79289A697E3BF0A4270BC0DCB3B41EF3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vac_OperatingSuppliesAndInventories_79289A697E3BF0A4270BC0DCB3B41EF3" xlink:to="lab_vac_OperatingSuppliesAndInventories_79289A697E3BF0A4270BC0DCB3B41EF3" xlink:type="arc" />
    <link:label id="lab_vac_InventoryTimeshare_B1B070553E6A7E51D093C0DCB3B53D39_totalLabel_en-US" xlink:label="lab_vac_InventoryTimeshare_B1B070553E6A7E51D093C0DCB3B53D39" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Inventory</link:label>
    <link:label id="lab_vac_InventoryTimeshare_B1B070553E6A7E51D093C0DCB3B53D39_label_en-US" xlink:label="lab_vac_InventoryTimeshare_B1B070553E6A7E51D093C0DCB3B53D39" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Inventory Timeshare</link:label>
    <link:label id="lab_vac_InventoryTimeshare_B1B070553E6A7E51D093C0DCB3B53D39_documentation_en-US" xlink:label="lab_vac_InventoryTimeshare_B1B070553E6A7E51D093C0DCB3B53D39" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Total of (1) improvements, (2) held-for-sale, (3) land and land under development, (4) construction-in-process, and (5) operating supplies, held in the normal course of business.</link:label>
    <link:loc xlink:href="vac-20180930.xsd#vac_InventoryTimeshare" xlink:label="loc_vac_InventoryTimeshare_B1B070553E6A7E51D093C0DCB3B53D39" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vac_InventoryTimeshare_B1B070553E6A7E51D093C0DCB3B53D39" xlink:to="lab_vac_InventoryTimeshare_B1B070553E6A7E51D093C0DCB3B53D39" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessAcquisitionsProFormaRevenue_BBA9F1C53AB04E1D41E6EB8E46419A5A_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionsProFormaRevenue_BBA9F1C53AB04E1D41E6EB8E46419A5A" 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_BusinessAcquisitionsProFormaRevenue_BBA9F1C53AB04E1D41E6EB8E46419A5A_label_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionsProFormaRevenue_BBA9F1C53AB04E1D41E6EB8E46419A5A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Acquisition, Pro Forma Revenue</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_BusinessAcquisitionsProFormaRevenue" xlink:label="loc_us-gaap_BusinessAcquisitionsProFormaRevenue_BBA9F1C53AB04E1D41E6EB8E46419A5A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessAcquisitionsProFormaRevenue_BBA9F1C53AB04E1D41E6EB8E46419A5A" xlink:to="lab_us-gaap_BusinessAcquisitionsProFormaRevenue_BBA9F1C53AB04E1D41E6EB8E46419A5A" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessAcquisitionsProFormaNetIncomeLoss_CF069D32C486C027F403EB8E4641AA31_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionsProFormaNetIncomeLoss_CF069D32C486C027F403EB8E4641AA31" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net income (loss)</link:label>
    <link:label id="lab_us-gaap_BusinessAcquisitionsProFormaNetIncomeLoss_CF069D32C486C027F403EB8E4641AA31_label_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionsProFormaNetIncomeLoss_CF069D32C486C027F403EB8E4641AA31" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Acquisition, Pro Forma Net Income (Loss)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_BusinessAcquisitionsProFormaNetIncomeLoss" xlink:label="loc_us-gaap_BusinessAcquisitionsProFormaNetIncomeLoss_CF069D32C486C027F403EB8E4641AA31" xlink:type="locator" />
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    <link:label id="lab_vac_BusinessAcquisitionProFormaNetincomeAttributableToParent_E6B4BD9359EBDDF952CAEB8E4642FB71_terseLabel_en-US" xlink:label="lab_vac_BusinessAcquisitionProFormaNetincomeAttributableToParent_E6B4BD9359EBDDF952CAEB8E4642FB71" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net income (loss) attributable to common stockholders</link:label>
    <link:label id="lab_vac_BusinessAcquisitionProFormaNetincomeAttributableToParent_E6B4BD9359EBDDF952CAEB8E4642FB71_label_en-US" xlink:label="lab_vac_BusinessAcquisitionProFormaNetincomeAttributableToParent_E6B4BD9359EBDDF952CAEB8E4642FB71" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Acquisition, Pro Forma Net income, Attributable To Parent</link:label>
    <link:label id="lab_vac_BusinessAcquisitionProFormaNetincomeAttributableToParent_E6B4BD9359EBDDF952CAEB8E4642FB71_documentation_en-US" xlink:label="lab_vac_BusinessAcquisitionProFormaNetincomeAttributableToParent_E6B4BD9359EBDDF952CAEB8E4642FB71" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Business Acquisition, Pro Forma Net income, Attributable To Parent</link:label>
    <link:loc xlink:href="vac-20180930.xsd#vac_BusinessAcquisitionProFormaNetincomeAttributableToParent" xlink:label="loc_vac_BusinessAcquisitionProFormaNetincomeAttributableToParent_E6B4BD9359EBDDF952CAEB8E4642FB71" xlink:type="locator" />
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    <link:label id="lab_us-gaap_EarningsPerShareProFormaAbstract_5E791A2D22F2622E5CE2EB8E4642A3EB_terseLabel_en-US" xlink:label="lab_us-gaap_EarningsPerShareProFormaAbstract_5E791A2D22F2622E5CE2EB8E4642A3EB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">(LOSSES) EARNINGS PER SHARE ATTRIBUTABLE TO COMMON SHAREHOLDERS</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_EarningsPerShareProFormaAbstract" xlink:label="loc_us-gaap_EarningsPerShareProFormaAbstract_5E791A2D22F2622E5CE2EB8E4642A3EB" xlink:type="locator" />
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_BusinessAcquisitionProFormaEarningsPerShareBasic" xlink:label="loc_us-gaap_BusinessAcquisitionProFormaEarningsPerShareBasic_93C73F368AB317E9DDE7EB8E4642A321" xlink:type="locator" />
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    <link:loc xlink:href="vac-20180930.xsd#vac_FinancingReceivableDomain" xlink:label="loc_vac_FinancingReceivableDomain_97DDF54E51FB8D6FBA31DF66C4E97D31" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vac_FinancingReceivableDomain_97DDF54E51FB8D6FBA31DF66C4E97D31" xlink:to="lab_vac_FinancingReceivableDomain_97DDF54E51FB8D6FBA31DF66C4E97D31" xlink:type="arc" />
    <link:label id="lab_vac_AcquiredMember_71A61C76E19B80D859CADF66C4EAAEE2_terseLabel_en-US" xlink:label="lab_vac_AcquiredMember_71A61C76E19B80D859CADF66C4EAAEE2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Acquired</link:label>
    <link:label id="lab_vac_AcquiredMember_71A61C76E19B80D859CADF66C4EAAEE2_label_en-US" xlink:label="lab_vac_AcquiredMember_71A61C76E19B80D859CADF66C4EAAEE2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Acquired [Member]</link:label>
    <link:label id="lab_vac_AcquiredMember_71A61C76E19B80D859CADF66C4EAAEE2_documentation_en-US" xlink:label="lab_vac_AcquiredMember_71A61C76E19B80D859CADF66C4EAAEE2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Acquired [Member]</link:label>
    <link:loc xlink:href="vac-20180930.xsd#vac_AcquiredMember" xlink:label="loc_vac_AcquiredMember_71A61C76E19B80D859CADF66C4EAAEE2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vac_AcquiredMember_71A61C76E19B80D859CADF66C4EAAEE2" xlink:to="lab_vac_AcquiredMember_71A61C76E19B80D859CADF66C4EAAEE2" xlink:type="arc" />
    <link:label id="lab_vac_OriginatedMember_F314DC1CCAA01B038EA9DF66C4EAF65D_terseLabel_en-US" xlink:label="lab_vac_OriginatedMember_F314DC1CCAA01B038EA9DF66C4EAF65D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Originated</link:label>
    <link:label id="lab_vac_OriginatedMember_F314DC1CCAA01B038EA9DF66C4EAF65D_label_en-US" xlink:label="lab_vac_OriginatedMember_F314DC1CCAA01B038EA9DF66C4EAF65D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Originated [Member]</link:label>
    <link:label id="lab_vac_OriginatedMember_F314DC1CCAA01B038EA9DF66C4EAF65D_documentation_en-US" xlink:label="lab_vac_OriginatedMember_F314DC1CCAA01B038EA9DF66C4EAF65D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Originated [Member]</link:label>
    <link:loc xlink:href="vac-20180930.xsd#vac_OriginatedMember" xlink:label="loc_vac_OriginatedMember_F314DC1CCAA01B038EA9DF66C4EAF65D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vac_OriginatedMember_F314DC1CCAA01B038EA9DF66C4EAF65D" xlink:to="lab_vac_OriginatedMember_F314DC1CCAA01B038EA9DF66C4EAF65D" xlink:type="arc" />
    <link:label id="lab_srt_ProductOrServiceAxis_DA6B82A6DA39EAE30B88DF66C4EA2C7C_terseLabel_en-US" xlink:label="lab_srt_ProductOrServiceAxis_DA6B82A6DA39EAE30B88DF66C4EA2C7C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Products and Services</link:label>
    <link:label id="lab_srt_ProductOrServiceAxis_DA6B82A6DA39EAE30B88DF66C4EA2C7C_label_en-US" xlink:label="lab_srt_ProductOrServiceAxis_DA6B82A6DA39EAE30B88DF66C4EA2C7C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Product and Service [Axis]</link:label>
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    <link:label id="lab_srt_ProductsAndServicesDomain_4F03C74DCA2E10D60612DF66C4EA0A11_terseLabel_en-US" xlink:label="lab_srt_ProductsAndServicesDomain_4F03C74DCA2E10D60612DF66C4EA0A11" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Product and Service [Domain]</link:label>
    <link:label id="lab_srt_ProductsAndServicesDomain_4F03C74DCA2E10D60612DF66C4EA0A11_label_en-US" xlink:label="lab_srt_ProductsAndServicesDomain_4F03C74DCA2E10D60612DF66C4EA0A11" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Product and Service [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/srt/2018/elts/srt-2018-01-31.xsd#srt_ProductsAndServicesDomain" xlink:label="loc_srt_ProductsAndServicesDomain_4F03C74DCA2E10D60612DF66C4EA0A11" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_ProductsAndServicesDomain_4F03C74DCA2E10D60612DF66C4EA0A11" xlink:to="lab_srt_ProductsAndServicesDomain_4F03C74DCA2E10D60612DF66C4EA0A11" xlink:type="arc" />
    <link:label id="lab_vac_SecuritizedVacationOwnershipNotesReceivableMember_D9742BEE12CD5787DD77DF66C4EABE72_verboseLabel_en-US" xlink:label="lab_vac_SecuritizedVacationOwnershipNotesReceivableMember_D9742BEE12CD5787DD77DF66C4EABE72" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Securitized Vacation Ownership Notes Receivable</link:label>
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    <link:loc xlink:href="vac-20180930.xsd#vac_SecuritizedVacationOwnershipNotesReceivableMember" xlink:label="loc_vac_SecuritizedVacationOwnershipNotesReceivableMember_D9742BEE12CD5787DD77DF66C4EABE72" xlink:type="locator" />
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    <link:label id="lab_vac_NonsecuritizedVacationOwnershipNotesReceivableMember_8C07839FC0EA5A0649BCDF66C4EB758E_terseLabel_en-US" xlink:label="lab_vac_NonsecuritizedVacationOwnershipNotesReceivableMember_8C07839FC0EA5A0649BCDF66C4EB758E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-Securitized Vacation Ownership Notes Receivable</link:label>
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    <link:label id="lab_vac_NonsecuritizedVacationOwnershipNotesReceivableMember_8C07839FC0EA5A0649BCDF66C4EB758E_documentation_en-US" xlink:label="lab_vac_NonsecuritizedVacationOwnershipNotesReceivableMember_8C07839FC0EA5A0649BCDF66C4EB758E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Nonsecuritized vacation ownership notes receivable</link:label>
    <link:loc xlink:href="vac-20180930.xsd#vac_NonsecuritizedVacationOwnershipNotesReceivableMember" xlink:label="loc_vac_NonsecuritizedVacationOwnershipNotesReceivableMember_8C07839FC0EA5A0649BCDF66C4EB758E" xlink:type="locator" />
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis" xlink:label="loc_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_B2D1626C0EA2D8F59440DF66C4EBB157" xlink:type="locator" />
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    <link:label id="lab_us-gaap_ReceivableTypeDomain_CE79B6D1F8115CA45905DF66C4EBE1F1_label_en-US" xlink:label="lab_us-gaap_ReceivableTypeDomain_CE79B6D1F8115CA45905DF66C4EBE1F1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Receivable [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="loc_us-gaap_ReceivableTypeDomain_CE79B6D1F8115CA45905DF66C4EBE1F1" xlink:type="locator" />
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    <link:label id="lab_vac_EligibleForSecuritizationMember_B05B3FF3D977A7C51861DF66C4EBEBDA_terseLabel_en-US" xlink:label="lab_vac_EligibleForSecuritizationMember_B05B3FF3D977A7C51861DF66C4EBEBDA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Eligible for securitization</link:label>
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    <link:loc xlink:href="vac-20180930.xsd#vac_EligibleForSecuritizationMember" xlink:label="loc_vac_EligibleForSecuritizationMember_B05B3FF3D977A7C51861DF66C4EBEBDA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vac_EligibleForSecuritizationMember_B05B3FF3D977A7C51861DF66C4EBEBDA" xlink:to="lab_vac_EligibleForSecuritizationMember_B05B3FF3D977A7C51861DF66C4EBEBDA" xlink:type="arc" />
    <link:label id="lab_vac_NotEligibleForSecuritizationMember_528AE71456AC5C50BF32DF66C4ECCE01_terseLabel_en-US" xlink:label="lab_vac_NotEligibleForSecuritizationMember_528AE71456AC5C50BF32DF66C4ECCE01" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Not eligible for securitization</link:label>
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    <link:loc xlink:href="vac-20180930.xsd#vac_NotEligibleForSecuritizationMember" xlink:label="loc_vac_NotEligibleForSecuritizationMember_528AE71456AC5C50BF32DF66C4ECCE01" xlink:type="locator" />
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    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentNet_FC7E2395919970CB6E04EF42B2324ECA_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentNet_FC7E2395919970CB6E04EF42B2324ECA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property and equipment</link:label>
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    <link:label id="lab_us-gaap_DebtInstrumentCarryingAmount_B11B00AAA84EAD4A1FCCEF42B23360CD_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentCarryingAmount_B11B00AAA84EAD4A1FCCEF42B23360CD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-term Debt, Gross</link:label>
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    <link:label id="lab_vac_DebtAndCapitalLeaseObligationsNet_E0F6E772640632486009EF42B2335352_verboseLabel_en-US" xlink:label="lab_vac_DebtAndCapitalLeaseObligationsNet_E0F6E772640632486009EF42B2335352" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Debt, net</link:label>
    <link:label id="lab_vac_DebtAndCapitalLeaseObligationsNet_E0F6E772640632486009EF42B2335352_label_en-US" xlink:label="lab_vac_DebtAndCapitalLeaseObligationsNet_E0F6E772640632486009EF42B2335352" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt And Capital Lease Obligations Net</link:label>
    <link:label id="lab_vac_DebtAndCapitalLeaseObligationsNet_E0F6E772640632486009EF42B2335352_documentation_en-US" xlink:label="lab_vac_DebtAndCapitalLeaseObligationsNet_E0F6E772640632486009EF42B2335352" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Sum of the carrying values as of the balance sheet date of all debt, including all short-term borrowings, long term debt and capital lease obligations, net of unamortized discount and debt issuance costs.</link:label>
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    <link:label id="lab_us-gaap_SecuredDebt_CED100A1336992B033CEEF42B23341E4_terseLabel_en-US" xlink:label="lab_us-gaap_SecuredDebt_CED100A1336992B033CEEF42B23341E4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Securitized debt, net</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_SecuredDebt" xlink:label="loc_us-gaap_SecuredDebt_CED100A1336992B033CEEF42B23341E4" xlink:type="locator" />
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    <link:label id="lab_us-gaap_ScheduleOfFinancingReceivableAllowanceForCreditLossesTable_82EA42CE397E17E38975E464F637050E_label_en-US" xlink:label="lab_us-gaap_ScheduleOfFinancingReceivableAllowanceForCreditLossesTable_82EA42CE397E17E38975E464F637050E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Financing Receivable, Allowance for Credit Losses [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ScheduleOfFinancingReceivableAllowanceForCreditLossesTable" xlink:label="loc_us-gaap_ScheduleOfFinancingReceivableAllowanceForCreditLossesTable_82EA42CE397E17E38975E464F637050E" xlink:type="locator" />
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FinancingReceivableAllowanceForCreditLossesLineItems" xlink:label="loc_us-gaap_FinancingReceivableAllowanceForCreditLossesLineItems_B25112542C7E9AFCCEB6E464F6393114" xlink:type="locator" />
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    <link:label id="lab_us-gaap_TimeSharingTransactionsAllowanceForUncollectibleAccountsRollForward_EB20FCB8864D49C99B63E464F6397433_label_en-US" xlink:label="lab_us-gaap_TimeSharingTransactionsAllowanceForUncollectibleAccountsRollForward_EB20FCB8864D49C99B63E464F6397433" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Time Sharing Transactions, Allowance for Uncollectible Accounts [Roll Forward]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_TimeSharingTransactionsAllowanceForUncollectibleAccountsRollForward" xlink:label="loc_us-gaap_TimeSharingTransactionsAllowanceForUncollectibleAccountsRollForward_EB20FCB8864D49C99B63E464F6397433" xlink:type="locator" />
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    <link:label id="lab_us-gaap_TimeSharingTransactionsAllowanceForUncollectibleAccounts_2EB75A3C6BDD95DDB86BE464F6399F4B_periodStartLabel_en-US" xlink:label="lab_us-gaap_TimeSharingTransactionsAllowanceForUncollectibleAccounts_2EB75A3C6BDD95DDB86BE464F6399F4B" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">December 31, 2017</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_TimeSharingTransactionsAllowanceForUncollectibleAccounts" xlink:label="loc_us-gaap_TimeSharingTransactionsAllowanceForUncollectibleAccounts_2EB75A3C6BDD95DDB86BE464F6399F4B" xlink:type="locator" />
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    <link:label id="lab_us-gaap_ProvisionForLoanLossesExpensed_EBBBE339483A175020B9E464F6394678_terseLabel_en-US" xlink:label="lab_us-gaap_ProvisionForLoanLossesExpensed_EBBBE339483A175020B9E464F6394678" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Increase in vacation ownership notes receivable reserve</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ProvisionForLoanLossesExpensed" xlink:label="loc_us-gaap_ProvisionForLoanLossesExpensed_EBBBE339483A175020B9E464F6394678" xlink:type="locator" />
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    <link:label id="lab_vac_SecuritizedFinancingReceivable_A4EE82CD07B62715E4EBE464F639EE90_terseLabel_en-US" xlink:label="lab_vac_SecuritizedFinancingReceivable_A4EE82CD07B62715E4EBE464F639EE90" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Securitizations</link:label>
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    <link:loc xlink:href="vac-20180930.xsd#vac_SecuritizedFinancingReceivable" xlink:label="loc_vac_SecuritizedFinancingReceivable_A4EE82CD07B62715E4EBE464F639EE90" xlink:type="locator" />
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    <link:label id="lab_vac_BaliIndonesiaResortTwoMember_2357B4BBBE8B0E2A40E3EC08A4B55118_terseLabel_en-US" xlink:label="lab_vac_BaliIndonesiaResortTwoMember_2357B4BBBE8B0E2A40E3EC08A4B55118" 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:label id="lab_vac_SanFranciscoCaliforniaMember_8FEBFCB01ABC84A8240AEC08A4B593C7_terseLabel_en-US" xlink:label="lab_vac_SanFranciscoCaliforniaMember_8FEBFCB01ABC84A8240AEC08A4B593C7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">San Francisco, California</link:label>
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    <link:label id="lab_us-gaap_PurchaseCommitmentExcludingLongtermCommitmentDomain_2BE56899C39413EA187DEC08A4BB4B8E_terseLabel_en-US" xlink:label="lab_us-gaap_PurchaseCommitmentExcludingLongtermCommitmentDomain_2BE56899C39413EA187DEC08A4BB4B8E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Purchase Commitment, Excluding Long-term Commitment [Domain]</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PurchaseCommitmentExcludingLongtermCommitmentDomain" xlink:label="loc_us-gaap_PurchaseCommitmentExcludingLongtermCommitmentDomain_2BE56899C39413EA187DEC08A4BB4B8E" xlink:type="locator" />
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    <link:label id="lab_vac_MarcoIslandFloridaMember_DEC73BF043EF9A2593D6EC08A4BB86DD_verboseLabel_en-US" xlink:label="lab_vac_MarcoIslandFloridaMember_DEC73BF043EF9A2593D6EC08A4BB86DD" 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:loc xlink:href="vac-20180930.xsd#vac_MarcoIslandFloridaMember" xlink:label="loc_vac_MarcoIslandFloridaMember_DEC73BF043EF9A2593D6EC08A4BB86DD" xlink:type="locator" />
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    <link:label id="lab_vac_CorporateCreditFacilityMember_4EC95894FC2EA6A0ABBEEC08A4BE73E2_terseLabel_en-US" xlink:label="lab_vac_CorporateCreditFacilityMember_4EC95894FC2EA6A0ABBEEC08A4BE73E2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Corporate Credit Facility</link:label>
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    <link:loc xlink:href="vac-20180930.xsd#vac_CorporateCreditFacilityMember" xlink:label="loc_vac_CorporateCreditFacilityMember_4EC95894FC2EA6A0ABBEEC08A4BE73E2" xlink:type="locator" />
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    <link:label id="lab_us-gaap_CreditFacilityDomain_CCDDCFFCBADEB63128D1EC08A4BF1B5C_label_en-US" xlink:label="lab_us-gaap_CreditFacilityDomain_CCDDCFFCBADEB63128D1EC08A4BF1B5C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Credit Facility [Domain]</link:label>
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    <link:label id="lab_us-gaap_RevolvingCreditFacilityMember_7C081AAB8C902560C161EC08A4BF38B3_terseLabel_en-US" xlink:label="lab_us-gaap_RevolvingCreditFacilityMember_7C081AAB8C902560C161EC08A4BF38B3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revolving corporate credit facility, net</link:label>
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    <link:label id="lab_vac_NorthAmericaSegmentMember_D3BAE2559B6D927CDE12EC08A4C03A0E_terseLabel_en-US" xlink:label="lab_vac_NorthAmericaSegmentMember_D3BAE2559B6D927CDE12EC08A4C03A0E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">North America</link:label>
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    <link:label id="lab_vac_EuropeSegmentMember_C789D2F2E442B0F045EEEC08A4C1CF4C_terseLabel_en-US" xlink:label="lab_vac_EuropeSegmentMember_C789D2F2E442B0F045EEEC08A4C1CF4C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Europe</link:label>
    <link:label id="lab_vac_EuropeSegmentMember_C789D2F2E442B0F045EEEC08A4C1CF4C_label_en-US" xlink:label="lab_vac_EuropeSegmentMember_C789D2F2E442B0F045EEEC08A4C1CF4C" 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_C789D2F2E442B0F045EEEC08A4C1CF4C_documentation_en-US" xlink:label="lab_vac_EuropeSegmentMember_C789D2F2E442B0F045EEEC08A4C1CF4C" 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-20180930.xsd#vac_EuropeSegmentMember" xlink:label="loc_vac_EuropeSegmentMember_C789D2F2E442B0F045EEEC08A4C1CF4C" xlink:type="locator" />
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    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vac_FifthandFiftyFifthResidenceClubMember_09DD1D9BEB417DC375C4EC08A4C75D84" xlink:to="lab_vac_FifthandFiftyFifthResidenceClubMember_09DD1D9BEB417DC375C4EC08A4C75D84" xlink:type="arc" />
    <link:label id="lab_vac_CommitmentsAndContingenciesDisclosureLineItems_20ABBEE2F7A93122477EEC08A4C72487_terseLabel_en-US" xlink:label="lab_vac_CommitmentsAndContingenciesDisclosureLineItems_20ABBEE2F7A93122477EEC08A4C72487" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Commitments and Contingencies Disclosure [Line Items]</link:label>
    <link:label id="lab_vac_CommitmentsAndContingenciesDisclosureLineItems_20ABBEE2F7A93122477EEC08A4C72487_label_en-US" xlink:label="lab_vac_CommitmentsAndContingenciesDisclosureLineItems_20ABBEE2F7A93122477EEC08A4C72487" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Commitments and Contingencies Disclosure [Line Items]</link:label>
    <link:label id="lab_vac_CommitmentsAndContingenciesDisclosureLineItems_20ABBEE2F7A93122477EEC08A4C72487_documentation_en-US" xlink:label="lab_vac_CommitmentsAndContingenciesDisclosureLineItems_20ABBEE2F7A93122477EEC08A4C72487" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Commitments and Contingencies Disclosure [Line Items]</link:label>
    <link:loc xlink:href="vac-20180930.xsd#vac_CommitmentsAndContingenciesDisclosureLineItems" xlink:label="loc_vac_CommitmentsAndContingenciesDisclosureLineItems_20ABBEE2F7A93122477EEC08A4C72487" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vac_CommitmentsAndContingenciesDisclosureLineItems_20ABBEE2F7A93122477EEC08A4C72487" xlink:to="lab_vac_CommitmentsAndContingenciesDisclosureLineItems_20ABBEE2F7A93122477EEC08A4C72487" xlink:type="arc" />
    <link:label id="lab_us-gaap_PurchaseObligation_A07C9E735BC6F21905C7EC08A4C7B2F5_totalLabel_en-US" xlink:label="lab_us-gaap_PurchaseObligation_A07C9E735BC6F21905C7EC08A4C7B2F5" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Purchase commitment</link:label>
    <link:label id="lab_us-gaap_PurchaseObligation_A07C9E735BC6F21905C7EC08A4C7B2F5_label_en-US" xlink:label="lab_us-gaap_PurchaseObligation_A07C9E735BC6F21905C7EC08A4C7B2F5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Purchase Obligation</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PurchaseObligation" xlink:label="loc_us-gaap_PurchaseObligation_A07C9E735BC6F21905C7EC08A4C7B2F5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PurchaseObligation_A07C9E735BC6F21905C7EC08A4C7B2F5" xlink:to="lab_us-gaap_PurchaseObligation_A07C9E735BC6F21905C7EC08A4C7B2F5" xlink:type="arc" />
    <link:label id="lab_us-gaap_PurchaseObligationFutureMinimumPaymentsRemainderOfFiscalYear_BF49E38173677D61BE5CEC08A4C8F794_terseLabel_en-US" xlink:label="lab_us-gaap_PurchaseObligationFutureMinimumPaymentsRemainderOfFiscalYear_BF49E38173677D61BE5CEC08A4C8F794" 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_BF49E38173677D61BE5CEC08A4C8F794_label_en-US" xlink:label="lab_us-gaap_PurchaseObligationFutureMinimumPaymentsRemainderOfFiscalYear_BF49E38173677D61BE5CEC08A4C8F794" 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/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PurchaseObligationFutureMinimumPaymentsRemainderOfFiscalYear" xlink:label="loc_us-gaap_PurchaseObligationFutureMinimumPaymentsRemainderOfFiscalYear_BF49E38173677D61BE5CEC08A4C8F794" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PurchaseObligationFutureMinimumPaymentsRemainderOfFiscalYear_BF49E38173677D61BE5CEC08A4C8F794" xlink:to="lab_us-gaap_PurchaseObligationFutureMinimumPaymentsRemainderOfFiscalYear_BF49E38173677D61BE5CEC08A4C8F794" xlink:type="arc" />
    <link:label id="lab_us-gaap_PurchaseObligationDueInSecondYear_CA50F9DE507659F7588AEC08A4C89E92_terseLabel_en-US" xlink:label="lab_us-gaap_PurchaseObligationDueInSecondYear_CA50F9DE507659F7588AEC08A4C89E92" 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_CA50F9DE507659F7588AEC08A4C89E92_label_en-US" xlink:label="lab_us-gaap_PurchaseObligationDueInSecondYear_CA50F9DE507659F7588AEC08A4C89E92" 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/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PurchaseObligationDueInSecondYear" xlink:label="loc_us-gaap_PurchaseObligationDueInSecondYear_CA50F9DE507659F7588AEC08A4C89E92" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PurchaseObligationDueInSecondYear_CA50F9DE507659F7588AEC08A4C89E92" xlink:to="lab_us-gaap_PurchaseObligationDueInSecondYear_CA50F9DE507659F7588AEC08A4C89E92" xlink:type="arc" />
    <link:label id="lab_us-gaap_PurchaseObligationDueInThirdYear_00AB91A240138E10B162EC08A4C83139_terseLabel_en-US" xlink:label="lab_us-gaap_PurchaseObligationDueInThirdYear_00AB91A240138E10B162EC08A4C83139" 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_00AB91A240138E10B162EC08A4C83139_label_en-US" xlink:label="lab_us-gaap_PurchaseObligationDueInThirdYear_00AB91A240138E10B162EC08A4C83139" 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/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PurchaseObligationDueInThirdYear" xlink:label="loc_us-gaap_PurchaseObligationDueInThirdYear_00AB91A240138E10B162EC08A4C83139" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PurchaseObligationDueInThirdYear_00AB91A240138E10B162EC08A4C83139" xlink:to="lab_us-gaap_PurchaseObligationDueInThirdYear_00AB91A240138E10B162EC08A4C83139" xlink:type="arc" />
    <link:label id="lab_us-gaap_PurchaseObligationDueInFourthYear_3368AE55F0B49E0D8B09EC08A4C8483B_terseLabel_en-US" xlink:label="lab_us-gaap_PurchaseObligationDueInFourthYear_3368AE55F0B49E0D8B09EC08A4C8483B" 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_3368AE55F0B49E0D8B09EC08A4C8483B_label_en-US" xlink:label="lab_us-gaap_PurchaseObligationDueInFourthYear_3368AE55F0B49E0D8B09EC08A4C8483B" 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/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PurchaseObligationDueInFourthYear" xlink:label="loc_us-gaap_PurchaseObligationDueInFourthYear_3368AE55F0B49E0D8B09EC08A4C8483B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PurchaseObligationDueInFourthYear_3368AE55F0B49E0D8B09EC08A4C8483B" xlink:to="lab_us-gaap_PurchaseObligationDueInFourthYear_3368AE55F0B49E0D8B09EC08A4C8483B" xlink:type="arc" />
    <link:label id="lab_us-gaap_PurchaseObligationDueInFifthYear_7F7E8C7421B6ADF456EEEC08A4C9F197_terseLabel_en-US" xlink:label="lab_us-gaap_PurchaseObligationDueInFifthYear_7F7E8C7421B6ADF456EEEC08A4C9F197" 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_7F7E8C7421B6ADF456EEEC08A4C9F197_label_en-US" xlink:label="lab_us-gaap_PurchaseObligationDueInFifthYear_7F7E8C7421B6ADF456EEEC08A4C9F197" 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/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PurchaseObligationDueInFifthYear" xlink:label="loc_us-gaap_PurchaseObligationDueInFifthYear_7F7E8C7421B6ADF456EEEC08A4C9F197" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PurchaseObligationDueInFifthYear_7F7E8C7421B6ADF456EEEC08A4C9F197" xlink:to="lab_us-gaap_PurchaseObligationDueInFifthYear_7F7E8C7421B6ADF456EEEC08A4C9F197" xlink:type="arc" />
    <link:label id="lab_us-gaap_PurchaseObligationDueAfterFifthYear_B1650DAA663C88C4F614EC08A4C90707_terseLabel_en-US" xlink:label="lab_us-gaap_PurchaseObligationDueAfterFifthYear_B1650DAA663C88C4F614EC08A4C90707" 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_B1650DAA663C88C4F614EC08A4C90707_label_en-US" xlink:label="lab_us-gaap_PurchaseObligationDueAfterFifthYear_B1650DAA663C88C4F614EC08A4C90707" 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/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PurchaseObligationDueAfterFifthYear" xlink:label="loc_us-gaap_PurchaseObligationDueAfterFifthYear_B1650DAA663C88C4F614EC08A4C90707" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PurchaseObligationDueAfterFifthYear_B1650DAA663C88C4F614EC08A4C90707" xlink:to="lab_us-gaap_PurchaseObligationDueAfterFifthYear_B1650DAA663C88C4F614EC08A4C90707" xlink:type="arc" />
    <link:label id="lab_vac_CommitmentsToSubsidizeAssociations_B6CE250AF6266632134FEC08A4C9A767_terseLabel_en-US" xlink:label="lab_vac_CommitmentsToSubsidizeAssociations_B6CE250AF6266632134FEC08A4C9A767" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Commitments to subsidize associations</link:label>
    <link:label id="lab_vac_CommitmentsToSubsidizeAssociations_B6CE250AF6266632134FEC08A4C9A767_label_en-US" xlink:label="lab_vac_CommitmentsToSubsidizeAssociations_B6CE250AF6266632134FEC08A4C9A767" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Commitments To Subsidize Associations</link:label>
    <link:label id="lab_vac_CommitmentsToSubsidizeAssociations_B6CE250AF6266632134FEC08A4C9A767_documentation_en-US" xlink:label="lab_vac_CommitmentsToSubsidizeAssociations_B6CE250AF6266632134FEC08A4C9A767" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Commitments To Subsidize Associations</link:label>
    <link:loc xlink:href="vac-20180930.xsd#vac_CommitmentsToSubsidizeAssociations" xlink:label="loc_vac_CommitmentsToSubsidizeAssociations_B6CE250AF6266632134FEC08A4C9A767" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vac_CommitmentsToSubsidizeAssociations_B6CE250AF6266632134FEC08A4C9A767" xlink:to="lab_vac_CommitmentsToSubsidizeAssociations_B6CE250AF6266632134FEC08A4C9A767" xlink:type="arc" />
    <link:label id="lab_us-gaap_CapitalLeasesFutureMinimumPaymentsDue_BE40251C7D840F2F26CDEC08A4C9B1AB_terseLabel_en-US" xlink:label="lab_us-gaap_CapitalLeasesFutureMinimumPaymentsDue_BE40251C7D840F2F26CDEC08A4C9B1AB" 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_BE40251C7D840F2F26CDEC08A4C9B1AB_label_en-US" xlink:label="lab_us-gaap_CapitalLeasesFutureMinimumPaymentsDue_BE40251C7D840F2F26CDEC08A4C9B1AB" 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/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_CapitalLeasesFutureMinimumPaymentsDue" xlink:label="loc_us-gaap_CapitalLeasesFutureMinimumPaymentsDue_BE40251C7D840F2F26CDEC08A4C9B1AB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CapitalLeasesFutureMinimumPaymentsDue_BE40251C7D840F2F26CDEC08A4C9B1AB" xlink:to="lab_us-gaap_CapitalLeasesFutureMinimumPaymentsDue_BE40251C7D840F2F26CDEC08A4C9B1AB" xlink:type="arc" />
    <link:label id="lab_vac_ExpectedNumberOfOwnershipUnitsToBeAcquired_152E43665D82F19B3049EC08A4C9D687_terseLabel_en-US" xlink:label="lab_vac_ExpectedNumberOfOwnershipUnitsToBeAcquired_152E43665D82F19B3049EC08A4C9D687" 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_152E43665D82F19B3049EC08A4C9D687_label_en-US" xlink:label="lab_vac_ExpectedNumberOfOwnershipUnitsToBeAcquired_152E43665D82F19B3049EC08A4C9D687" 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_152E43665D82F19B3049EC08A4C9D687_documentation_en-US" xlink:label="lab_vac_ExpectedNumberOfOwnershipUnitsToBeAcquired_152E43665D82F19B3049EC08A4C9D687" 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-20180930.xsd#vac_ExpectedNumberOfOwnershipUnitsToBeAcquired" xlink:label="loc_vac_ExpectedNumberOfOwnershipUnitsToBeAcquired_152E43665D82F19B3049EC08A4C9D687" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vac_ExpectedNumberOfOwnershipUnitsToBeAcquired_152E43665D82F19B3049EC08A4C9D687" xlink:to="lab_vac_ExpectedNumberOfOwnershipUnitsToBeAcquired_152E43665D82F19B3049EC08A4C9D687" xlink:type="arc" />
    <link:label id="lab_vac_SuretyBonds_0C6CA56A721A14FADC8BEC08A4C927A2_terseLabel_en-US" xlink:label="lab_vac_SuretyBonds_0C6CA56A721A14FADC8BEC08A4C927A2" 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_0C6CA56A721A14FADC8BEC08A4C927A2_label_en-US" xlink:label="lab_vac_SuretyBonds_0C6CA56A721A14FADC8BEC08A4C927A2" 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_0C6CA56A721A14FADC8BEC08A4C927A2_documentation_en-US" xlink:label="lab_vac_SuretyBonds_0C6CA56A721A14FADC8BEC08A4C927A2" 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-20180930.xsd#vac_SuretyBonds" xlink:label="loc_vac_SuretyBonds_0C6CA56A721A14FADC8BEC08A4C927A2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vac_SuretyBonds_0C6CA56A721A14FADC8BEC08A4C927A2" xlink:to="lab_vac_SuretyBonds_0C6CA56A721A14FADC8BEC08A4C927A2" xlink:type="arc" />
    <link:label id="lab_us-gaap_LettersOfCreditOutstandingAmount_C1F202CE06FD253ED69FEC08A4C9573A_terseLabel_en-US" xlink:label="lab_us-gaap_LettersOfCreditOutstandingAmount_C1F202CE06FD253ED69FEC08A4C9573A" 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_C1F202CE06FD253ED69FEC08A4C9573A_label_en-US" xlink:label="lab_us-gaap_LettersOfCreditOutstandingAmount_C1F202CE06FD253ED69FEC08A4C9573A" 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/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_LettersOfCreditOutstandingAmount" xlink:label="loc_us-gaap_LettersOfCreditOutstandingAmount_C1F202CE06FD253ED69FEC08A4C9573A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LettersOfCreditOutstandingAmount_C1F202CE06FD253ED69FEC08A4C9573A" xlink:to="lab_us-gaap_LettersOfCreditOutstandingAmount_C1F202CE06FD253ED69FEC08A4C9573A" xlink:type="arc" />
    <link:label id="lab_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_7F788A70C807229DA9E3EC08A4CAF81C_terseLabel_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_7F788A70C807229DA9E3EC08A4CAF81C" 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_7F788A70C807229DA9E3EC08A4CAF81C_label_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_7F788A70C807229DA9E3EC08A4CAF81C" 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>
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    <link:label id="lab_vac_FraudulentlyInducedElectronicPaymentDisbursementsMadeToThirdParties_960E5144459AB9A15F37EC08A4CB58FF_terseLabel_en-US" xlink:label="lab_vac_FraudulentlyInducedElectronicPaymentDisbursementsMadeToThirdParties_960E5144459AB9A15F37EC08A4CB58FF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Estimate of possible loss</link:label>
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    <link:label id="lab_us-gaap_TimeShareMember_49A59818A34C1BC16F6FE9F1915A2513_terseLabel_en-US" xlink:label="lab_us-gaap_TimeShareMember_49A59818A34C1BC16F6FE9F1915A2513" 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_RentalMember_23AB57CA4E64AC35CEBEE9F1915B7554_label_en-US" xlink:label="lab_vac_RentalMember_23AB57CA4E64AC35CEBEE9F1915B7554" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Rental [Member]</link:label>
    <link:label id="lab_vac_RentalMember_23AB57CA4E64AC35CEBEE9F1915B7554_documentation_en-US" xlink:label="lab_vac_RentalMember_23AB57CA4E64AC35CEBEE9F1915B7554" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Rental [Member]</link:label>
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    <link:label id="lab_vac_RevenuesCostReimbursement_3DFF2BB6F74FAF036FCBEA3A84315065_label_en-US" xlink:label="lab_vac_RevenuesCostReimbursement_3DFF2BB6F74FAF036FCBEA3A84315065" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenues, Cost Reimbursement</link:label>
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    <link:loc xlink:href="vac-20180930.xsd#vac_RevenuesCostReimbursement" xlink:label="loc_vac_RevenuesCostReimbursement_3DFF2BB6F74FAF036FCBEA3A84315065" xlink:type="locator" />
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    <link:label id="lab_vac_FinancingRevenueNotFromContractWithCustomer_27EC2A62E849DA75D95AE9F1915EF3E4_terseLabel_en-US" xlink:label="lab_vac_FinancingRevenueNotFromContractWithCustomer_27EC2A62E849DA75D95AE9F1915EF3E4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financing</link:label>
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    <link:loc xlink:href="vac-20180930.xsd#vac_FinancingRevenueNotFromContractWithCustomer" xlink:label="loc_vac_FinancingRevenueNotFromContractWithCustomer_27EC2A62E849DA75D95AE9F1915EF3E4" xlink:type="locator" />
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    <link:label id="lab_vac_NumberofResorts_72001D737B4C1A3408C6EC1C4B86B784_terseLabel_en-US" xlink:label="lab_vac_NumberofResorts_72001D737B4C1A3408C6EC1C4B86B784" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of resorts (more than)</link:label>
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    <link:label id="lab_vac_NumberofOwnersandorMembers_C832CD1964A4D8C796BFEC1C4B8611BA_terseLabel_en-US" xlink:label="lab_vac_NumberofOwnersandorMembers_C832CD1964A4D8C796BFEC1C4B8611BA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of owners and/or members</link:label>
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    <link:label id="lab_vac_NumberofNations_5C58730436614CBB61E5EC1C4B876B1D_terseLabel_en-US" xlink:label="lab_vac_NumberofNations_5C58730436614CBB61E5EC1C4B876B1D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of nations (over)</link:label>
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    <link:label id="lab_vac_NumberOfProperties_6E086D718EF9D26C23C2EC1C4B87B94A_terseLabel_en-US" xlink:label="lab_vac_NumberOfProperties_6E086D718EF9D26C23C2EC1C4B87B94A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of other resorts and lodging properties (more than)</link:label>
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    <link:label id="lab_vac_SeniorUnsecuredNotesMember_C313548F5F73B733CDD3EABBB7D94F5F_terseLabel_en-US" xlink:label="lab_vac_SeniorUnsecuredNotesMember_C313548F5F73B733CDD3EABBB7D94F5F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Senior Unsecured Notes</link:label>
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    <link:label id="lab_vac_SeniorExchangeNotesMember_9B90CCF067C4990ECADBEABBB7D9C118_terseLabel_en-US" xlink:label="lab_vac_SeniorExchangeNotesMember_9B90CCF067C4990ECADBEABBB7D9C118" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Exchange Notes, net</link:label>
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    <link:label id="lab_vac_IACNotesMember_F034A50D0203A0A850C2EABBB7DA5A5A_terseLabel_en-US" xlink:label="lab_vac_IACNotesMember_F034A50D0203A0A850C2EABBB7DA5A5A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">IAC Notes</link:label>
    <link:label id="lab_vac_IACNotesMember_F034A50D0203A0A850C2EABBB7DA5A5A_label_en-US" xlink:label="lab_vac_IACNotesMember_F034A50D0203A0A850C2EABBB7DA5A5A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">IAC Notes [Member]</link:label>
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    <link:label id="lab_us-gaap_OtherAssets_F88F6FDF244C030F2B6DEABBB7E4F35C_verboseLabel_en-US" xlink:label="lab_us-gaap_OtherAssets_F88F6FDF244C030F2B6DEABBB7E4F35C" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
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    <link:label id="lab_vac_InstrumentsFinancialAssets_9014BE1EB12D2AE7E88FEABBB7E4DC5E_totalLabel_en-US" xlink:label="lab_vac_InstrumentsFinancialAssets_9014BE1EB12D2AE7E88FEABBB7E4DC5E" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total financial assets</link:label>
    <link:label id="lab_vac_InstrumentsFinancialAssets_9014BE1EB12D2AE7E88FEABBB7E4DC5E_label_en-US" xlink:label="lab_vac_InstrumentsFinancialAssets_9014BE1EB12D2AE7E88FEABBB7E4DC5E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Instruments, Financial Assets</link:label>
    <link:label id="lab_vac_InstrumentsFinancialAssets_9014BE1EB12D2AE7E88FEABBB7E4DC5E_documentation_en-US" xlink:label="lab_vac_InstrumentsFinancialAssets_9014BE1EB12D2AE7E88FEABBB7E4DC5E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Instruments, Financial Assets</link:label>
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    <link:label id="lab_us-gaap_SecuredDebt_4D8E099DF8EBE52A384BEABBB7E469B1_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_SecuredDebt_4D8E099DF8EBE52A384BEABBB7E469B1" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Securitized debt</link:label>
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    <link:label id="lab_vac_DebtAndCapitalLeaseObligationsNet_F704E66052E2C31CCF78EABBB7E580B2_negatedLabel_en-US" xlink:label="lab_vac_DebtAndCapitalLeaseObligationsNet_F704E66052E2C31CCF78EABBB7E580B2" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Debt, net</link:label>
    <link:loc xlink:href="vac-20180930.xsd#vac_DebtAndCapitalLeaseObligationsNet" xlink:label="loc_vac_DebtAndCapitalLeaseObligationsNet_F704E66052E2C31CCF78EABBB7E580B2" xlink:type="locator" />
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    <link:label id="lab_vac_DebtAndCapitalLeaseObligationsGross_FF7A5BFF572C28CDE8C3EABBB7E5027A_negatedLabel_en-US" xlink:label="lab_vac_DebtAndCapitalLeaseObligationsGross_FF7A5BFF572C28CDE8C3EABBB7E5027A" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Debt, gross</link:label>
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    <link:label id="lab_vac_InstrumentsFinancialLiabilities_C39AA952F948AC8B4417EABBB7E5D758_negatedTotalLabel_en-US" xlink:label="lab_vac_InstrumentsFinancialLiabilities_C39AA952F948AC8B4417EABBB7E5D758" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="resource" xml:lang="en-US">Total financial liabilities</link:label>
    <link:label id="lab_vac_InstrumentsFinancialLiabilities_C39AA952F948AC8B4417EABBB7E5D758_label_en-US" xlink:label="lab_vac_InstrumentsFinancialLiabilities_C39AA952F948AC8B4417EABBB7E5D758" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Instruments, Financial Liabilities</link:label>
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    <link:loc xlink:href="vac-20180930.xsd#vac_InstrumentsFinancialLiabilities" xlink:label="loc_vac_InstrumentsFinancialLiabilities_C39AA952F948AC8B4417EABBB7E5D758" xlink:type="locator" />
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    <link:label id="lab_us-gaap_BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual_CFDC1B5887F9BB4635D1E9F191780BF7_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual_CFDC1B5887F9BB4635D1E9F191780BF7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revenue</link:label>
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    <link:label id="lab_us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleTable_06093D02CB67A7696DD8EC1C4B595061_terseLabel_en-US" xlink:label="lab_us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleTable_06093D02CB67A7696DD8EC1C4B595061" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">New Accounting Pronouncements or Change in Accounting Principle [Table]</link:label>
    <link:label id="lab_us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleTable_06093D02CB67A7696DD8EC1C4B595061_label_en-US" xlink:label="lab_us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleTable_06093D02CB67A7696DD8EC1C4B595061" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">New Accounting Pronouncements or Change in Accounting Principle [Table]</link:label>
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    <link:label id="lab_vac_ResortManagementandOtherServicesMember_5F982B7326CB640AA78CEC1C4B5B166D_terseLabel_en-US" xlink:label="lab_vac_ResortManagementandOtherServicesMember_5F982B7326CB640AA78CEC1C4B5B166D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Resort management and other services</link:label>
    <link:label id="lab_vac_ResortManagementandOtherServicesMember_5F982B7326CB640AA78CEC1C4B5B166D_label_en-US" xlink:label="lab_vac_ResortManagementandOtherServicesMember_5F982B7326CB640AA78CEC1C4B5B166D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Resort Management and Other Services [Member]</link:label>
    <link:label id="lab_vac_ResortManagementandOtherServicesMember_5F982B7326CB640AA78CEC1C4B5B166D_documentation_en-US" xlink:label="lab_vac_ResortManagementandOtherServicesMember_5F982B7326CB640AA78CEC1C4B5B166D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Resort Management and Other Services [Member]</link:label>
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    <link:label id="lab_vac_ManagementAndExchangeMember_E07E40A01DADFC50E082EC1C4B5B57C5_verboseLabel_en-US" xlink:label="lab_vac_ManagementAndExchangeMember_E07E40A01DADFC50E082EC1C4B5B57C5" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Management and exchange</link:label>
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    <link:label id="lab_us-gaap_CalculatedUnderRevenueGuidanceInEffectBeforeTopic606Member_8AD496A189F57D744810EC1C4B5CBB07_terseLabel_en-US" xlink:label="lab_us-gaap_CalculatedUnderRevenueGuidanceInEffectBeforeTopic606Member_8AD496A189F57D744810EC1C4B5CBB07" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">As Reported</link:label>
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    <link:loc xlink:href="vac-20180930.xsd#vac_CashFlowsBetweenTransfereeAndTransferorRepaymentsOfPrincipalToInvestors" xlink:label="loc_vac_CashFlowsBetweenTransfereeAndTransferorRepaymentsOfPrincipalToInvestors_212F92E1A651DE708CDED65CFB346248" xlink:type="locator" />
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    <link:label id="lab_vac_DefaultedMortgageLoansRepurchased_B9D34B5ED3B96E89E036D65CFB34B170_negatedLabel_en-US" xlink:label="lab_vac_DefaultedMortgageLoansRepurchased_B9D34B5ED3B96E89E036D65CFB34B170" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Voluntary repurchases of defaulted vacation ownership notes receivable</link:label>
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    <link:label id="lab_vac_CashFlowsBetweenTransfereeAndTransferorRepaymentsOfWarehouseCreditFacility_9AAF3C35F655E34E0121D6AC5F275C1C_negatedTerseLabel_en-US" xlink:label="lab_vac_CashFlowsBetweenTransfereeAndTransferorRepaymentsOfWarehouseCreditFacility_9AAF3C35F655E34E0121D6AC5F275C1C" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Repayment of Warehouse Credit Facility</link:label>
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    <link:label id="lab_us-gaap_DeferredTaxLiabilities_7582394730A2389C896BEF9FEE090F14_label_en-US" xlink:label="lab_us-gaap_DeferredTaxLiabilities_7582394730A2389C896BEF9FEE090F14" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Liabilities, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DeferredTaxLiabilities" xlink:label="loc_us-gaap_DeferredTaxLiabilities_7582394730A2389C896BEF9FEE090F14" xlink:type="locator" />
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    <link:label id="lab_us-gaap_RelatedPartyTransactionDueFromToRelatedParty_56D9001496A202449378EF9FEE098ED3_label_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionDueFromToRelatedParty_56D9001496A202449378EF9FEE098ED3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Related Party Transaction, Due from (to) Related Party</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_RelatedPartyTransactionDueFromToRelatedParty" xlink:label="loc_us-gaap_RelatedPartyTransactionDueFromToRelatedParty_56D9001496A202449378EF9FEE098ED3" xlink:type="locator" />
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    <link:label id="lab_us-gaap_StockholdersEquity_B9185621CAB3CAB798AFEF9FEE0AF127_label_en-US" xlink:label="lab_us-gaap_StockholdersEquity_B9185621CAB3CAB798AFEF9FEE0AF127" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stockholders' Equity Attributable to Parent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="loc_us-gaap_StockholdersEquity_B9185621CAB3CAB798AFEF9FEE0AF127" xlink:type="locator" />
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_MinorityInterest" xlink:label="loc_us-gaap_MinorityInterest_5AC96F69A9CF20932C02EF9FEE0A11F8" xlink:type="locator" />
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    <link:label id="lab_us-gaap_LiabilitiesAndStockholdersEquity_6AFD34DA61AF7D50D055EF9FEE0A4660_totalLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquity_6AFD34DA61AF7D50D055EF9FEE0A4660" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">TOTAL LIABILITIES AND EQUITY</link:label>
    <link:label id="lab_us-gaap_LiabilitiesAndStockholdersEquity_6AFD34DA61AF7D50D055EF9FEE0A4660_label_en-US" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquity_6AFD34DA61AF7D50D055EF9FEE0A4660" 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/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:label="loc_us-gaap_LiabilitiesAndStockholdersEquity_6AFD34DA61AF7D50D055EF9FEE0A4660" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LiabilitiesAndStockholdersEquity_6AFD34DA61AF7D50D055EF9FEE0A4660" xlink:to="lab_us-gaap_LiabilitiesAndStockholdersEquity_6AFD34DA61AF7D50D055EF9FEE0A4660" xlink:type="arc" />
    <link:label id="lab_us-gaap_ReconciliationOfAssetsFromSegmentToConsolidatedTable_C4A3FBC54A1BEBF2FB13D644CE7862F4_terseLabel_en-US" xlink:label="lab_us-gaap_ReconciliationOfAssetsFromSegmentToConsolidatedTable_C4A3FBC54A1BEBF2FB13D644CE7862F4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reconciliation of Assets from Segment to Consolidated [Table]</link:label>
    <link:label id="lab_us-gaap_ReconciliationOfAssetsFromSegmentToConsolidatedTable_C4A3FBC54A1BEBF2FB13D644CE7862F4_label_en-US" xlink:label="lab_us-gaap_ReconciliationOfAssetsFromSegmentToConsolidatedTable_C4A3FBC54A1BEBF2FB13D644CE7862F4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reconciliation of Assets from Segment to Consolidated [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ReconciliationOfAssetsFromSegmentToConsolidatedTable" xlink:label="loc_us-gaap_ReconciliationOfAssetsFromSegmentToConsolidatedTable_C4A3FBC54A1BEBF2FB13D644CE7862F4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ReconciliationOfAssetsFromSegmentToConsolidatedTable_C4A3FBC54A1BEBF2FB13D644CE7862F4" xlink:to="lab_us-gaap_ReconciliationOfAssetsFromSegmentToConsolidatedTable_C4A3FBC54A1BEBF2FB13D644CE7862F4" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingSegmentsMember_52002946B48398F9AC0BD644CE79F9F1_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingSegmentsMember_52002946B48398F9AC0BD644CE79F9F1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Operating Segments</link:label>
    <link:label id="lab_us-gaap_OperatingSegmentsMember_52002946B48398F9AC0BD644CE79F9F1_label_en-US" xlink:label="lab_us-gaap_OperatingSegmentsMember_52002946B48398F9AC0BD644CE79F9F1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Segments [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OperatingSegmentsMember" xlink:label="loc_us-gaap_OperatingSegmentsMember_52002946B48398F9AC0BD644CE79F9F1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingSegmentsMember_52002946B48398F9AC0BD644CE79F9F1" xlink:to="lab_us-gaap_OperatingSegmentsMember_52002946B48398F9AC0BD644CE79F9F1" xlink:type="arc" />
    <link:label id="lab_us-gaap_SegmentReportingAssetReconcilingItemLineItems_CE361FA99230A75D44B3D644CE7D0729_terseLabel_en-US" xlink:label="lab_us-gaap_SegmentReportingAssetReconcilingItemLineItems_CE361FA99230A75D44B3D644CE7D0729" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Segment Reporting, Asset Reconciling Item [Line Items]</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_SegmentReportingAssetReconcilingItemLineItems" xlink:label="loc_us-gaap_SegmentReportingAssetReconcilingItemLineItems_CE361FA99230A75D44B3D644CE7D0729" xlink:type="locator" />
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    <link:label id="lab_us-gaap_CreditScoreFicoAxis_63CC56FF4A65BC060157EF9FF1B6CA5D_terseLabel_en-US" xlink:label="lab_us-gaap_CreditScoreFicoAxis_63CC56FF4A65BC060157EF9FF1B6CA5D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Credit Score, FICO [Axis]</link:label>
    <link:label id="lab_us-gaap_CreditScoreFicoAxis_63CC56FF4A65BC060157EF9FF1B6CA5D_label_en-US" xlink:label="lab_us-gaap_CreditScoreFicoAxis_63CC56FF4A65BC060157EF9FF1B6CA5D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Credit Score, FICO [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_CreditScoreFicoAxis" xlink:label="loc_us-gaap_CreditScoreFicoAxis_63CC56FF4A65BC060157EF9FF1B6CA5D" xlink:type="locator" />
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    <link:label id="lab_us-gaap_CreditScoreFicoDomain_E90B4742455413AB1A9BEF9FF1B6E891_label_en-US" xlink:label="lab_us-gaap_CreditScoreFicoDomain_E90B4742455413AB1A9BEF9FF1B6E891" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Credit Score, FICO [Domain]</link:label>
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    <link:label id="lab_us-gaap_FicoScoreGreaterThan700Member_2E44C89BD65680929760EF9FF1B61202_terseLabel_en-US" xlink:label="lab_us-gaap_FicoScoreGreaterThan700Member_2E44C89BD65680929760EF9FF1B61202" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">700</link:label>
    <link:label id="lab_us-gaap_FicoScoreGreaterThan700Member_2E44C89BD65680929760EF9FF1B61202_label_en-US" xlink:label="lab_us-gaap_FicoScoreGreaterThan700Member_2E44C89BD65680929760EF9FF1B61202" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">FICO Score, Greater than 700 [Member]</link:label>
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    <link:label id="lab_us-gaap_FicoScore600To699Member_149370476E12FC13F391EF9FF1B70638_terseLabel_en-US" xlink:label="lab_us-gaap_FicoScore600To699Member_149370476E12FC13F391EF9FF1B70638" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">600 - 699</link:label>
    <link:label id="lab_us-gaap_FicoScore600To699Member_149370476E12FC13F391EF9FF1B70638_label_en-US" xlink:label="lab_us-gaap_FicoScore600To699Member_149370476E12FC13F391EF9FF1B70638" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">FICO Score, 600 to 699 [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FicoScore600To699Member" xlink:label="loc_us-gaap_FicoScore600To699Member_149370476E12FC13F391EF9FF1B70638" xlink:type="locator" />
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    <link:label id="lab_vac_FicoScoreLessThan600Member_DAD9659D9E61707F09E6EF9FF1B7001B_terseLabel_en-US" xlink:label="lab_vac_FicoScoreLessThan600Member_DAD9659D9E61707F09E6EF9FF1B7001B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">600</link:label>
    <link:label id="lab_vac_FicoScoreLessThan600Member_DAD9659D9E61707F09E6EF9FF1B7001B_label_en-US" xlink:label="lab_vac_FicoScoreLessThan600Member_DAD9659D9E61707F09E6EF9FF1B7001B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fico Score Less Than600 [Member]</link:label>
    <link:label id="lab_vac_FicoScoreLessThan600Member_DAD9659D9E61707F09E6EF9FF1B7001B_documentation_en-US" xlink:label="lab_vac_FicoScoreLessThan600Member_DAD9659D9E61707F09E6EF9FF1B7001B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Less than 600 credit score as defined by the external credit rating agency, Fair Isaac Corporation (FICO). Element name and standard label in FICO Score Greater Than [low end numeric value] [Member] or FICO Score Less Than [high end numeric value] [Member] formats.</link:label>
    <link:loc xlink:href="vac-20180930.xsd#vac_FicoScoreLessThan600Member" xlink:label="loc_vac_FicoScoreLessThan600Member_DAD9659D9E61707F09E6EF9FF1B7001B" xlink:type="locator" />
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    <link:label id="lab_vac_NilFicoScoreMember_B917555CFF76010C0FDDEF9FF1BBEF9E_terseLabel_en-US" xlink:label="lab_vac_NilFicoScoreMember_B917555CFF76010C0FDDEF9FF1BBEF9E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">No Score</link:label>
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    <link:label id="lab_vac_NilFicoScoreMember_B917555CFF76010C0FDDEF9FF1BBEF9E_documentation_en-US" xlink:label="lab_vac_NilFicoScoreMember_B917555CFF76010C0FDDEF9FF1BBEF9E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Nil credit score as defined by the external credit rating agency, Fair Isaac Corporation (FICO). Element name and standard label in FICO Score Greater Than [low end numeric value] [Member] or FICO Score Less Than [high end numeric value] [Member] formats.</link:label>
    <link:loc xlink:href="vac-20180930.xsd#vac_NilFicoScoreMember" xlink:label="loc_vac_NilFicoScoreMember_B917555CFF76010C0FDDEF9FF1BBEF9E" xlink:type="locator" />
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    <link:label id="lab_vac_WestinMember_01FAEF7107DCC6A8415BEF9FF1BC7EBA_terseLabel_en-US" xlink:label="lab_vac_WestinMember_01FAEF7107DCC6A8415BEF9FF1BC7EBA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Westin</link:label>
    <link:label id="lab_vac_WestinMember_01FAEF7107DCC6A8415BEF9FF1BC7EBA_label_en-US" xlink:label="lab_vac_WestinMember_01FAEF7107DCC6A8415BEF9FF1BC7EBA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Westin [Member]</link:label>
    <link:label id="lab_vac_WestinMember_01FAEF7107DCC6A8415BEF9FF1BC7EBA_documentation_en-US" xlink:label="lab_vac_WestinMember_01FAEF7107DCC6A8415BEF9FF1BC7EBA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the information pertaining to Westin brand.</link:label>
    <link:loc xlink:href="vac-20180930.xsd#vac_WestinMember" xlink:label="loc_vac_WestinMember_01FAEF7107DCC6A8415BEF9FF1BC7EBA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vac_WestinMember_01FAEF7107DCC6A8415BEF9FF1BC7EBA" xlink:to="lab_vac_WestinMember_01FAEF7107DCC6A8415BEF9FF1BC7EBA" xlink:type="arc" />
    <link:label id="lab_vac_SheratonMember_10F9EA47F9CE58F3C44CEF9FF1BD2B7F_terseLabel_en-US" xlink:label="lab_vac_SheratonMember_10F9EA47F9CE58F3C44CEF9FF1BD2B7F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Sheraton</link:label>
    <link:label id="lab_vac_SheratonMember_10F9EA47F9CE58F3C44CEF9FF1BD2B7F_label_en-US" xlink:label="lab_vac_SheratonMember_10F9EA47F9CE58F3C44CEF9FF1BD2B7F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Sheraton [Member]</link:label>
    <link:label id="lab_vac_SheratonMember_10F9EA47F9CE58F3C44CEF9FF1BD2B7F_documentation_en-US" xlink:label="lab_vac_SheratonMember_10F9EA47F9CE58F3C44CEF9FF1BD2B7F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the information pertaining to Sheraton brand.</link:label>
    <link:loc xlink:href="vac-20180930.xsd#vac_SheratonMember" xlink:label="loc_vac_SheratonMember_10F9EA47F9CE58F3C44CEF9FF1BD2B7F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vac_SheratonMember_10F9EA47F9CE58F3C44CEF9FF1BD2B7F" xlink:to="lab_vac_SheratonMember_10F9EA47F9CE58F3C44CEF9FF1BD2B7F" xlink:type="arc" />
    <link:label id="lab_vac_HyattMember_D05DEF81C50BB9A72176EF9FF1BD8AEE_terseLabel_en-US" xlink:label="lab_vac_HyattMember_D05DEF81C50BB9A72176EF9FF1BD8AEE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Hyatt</link:label>
    <link:label id="lab_vac_HyattMember_D05DEF81C50BB9A72176EF9FF1BD8AEE_label_en-US" xlink:label="lab_vac_HyattMember_D05DEF81C50BB9A72176EF9FF1BD8AEE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Hyatt [Member]</link:label>
    <link:label id="lab_vac_HyattMember_D05DEF81C50BB9A72176EF9FF1BD8AEE_documentation_en-US" xlink:label="lab_vac_HyattMember_D05DEF81C50BB9A72176EF9FF1BD8AEE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the information pertaining to Hyatt brand.</link:label>
    <link:loc xlink:href="vac-20180930.xsd#vac_HyattMember" xlink:label="loc_vac_HyattMember_D05DEF81C50BB9A72176EF9FF1BD8AEE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vac_HyattMember_D05DEF81C50BB9A72176EF9FF1BD8AEE" xlink:to="lab_vac_HyattMember_D05DEF81C50BB9A72176EF9FF1BD8AEE" xlink:type="arc" />
    <link:label id="lab_vac_BrandOtherMember_706823B009B33F3A531BEF9FF1BDABB9_terseLabel_en-US" xlink:label="lab_vac_BrandOtherMember_706823B009B33F3A531BEF9FF1BDABB9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_vac_BrandOtherMember_706823B009B33F3A531BEF9FF1BDABB9_label_en-US" xlink:label="lab_vac_BrandOtherMember_706823B009B33F3A531BEF9FF1BDABB9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Brand, Other [Member]</link:label>
    <link:label id="lab_vac_BrandOtherMember_706823B009B33F3A531BEF9FF1BDABB9_documentation_en-US" xlink:label="lab_vac_BrandOtherMember_706823B009B33F3A531BEF9FF1BDABB9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the information pertaining to the other brands, which are not specifically mentioned.</link:label>
    <link:loc xlink:href="vac-20180930.xsd#vac_BrandOtherMember" xlink:label="loc_vac_BrandOtherMember_706823B009B33F3A531BEF9FF1BDABB9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vac_BrandOtherMember_706823B009B33F3A531BEF9FF1BDABB9" xlink:to="lab_vac_BrandOtherMember_706823B009B33F3A531BEF9FF1BDABB9" xlink:type="arc" />
    <link:label id="lab_us-gaap_LoansAndLeasesReceivableConsumerMortgage_09F4D53919626024B844EF9FF1BE9700_terseLabel_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivableConsumerMortgage_09F4D53919626024B844EF9FF1BE9700" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Vacation notes receivable</link:label>
    <link:label id="lab_us-gaap_LoansAndLeasesReceivableConsumerMortgage_09F4D53919626024B844EF9FF1BE9700_label_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivableConsumerMortgage_09F4D53919626024B844EF9FF1BE9700" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loans and Leases Receivable, Gross, Consumer, Mortgage</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_LoansAndLeasesReceivableConsumerMortgage" xlink:label="loc_us-gaap_LoansAndLeasesReceivableConsumerMortgage_09F4D53919626024B844EF9FF1BE9700" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LoansAndLeasesReceivableConsumerMortgage_09F4D53919626024B844EF9FF1BE9700" xlink:to="lab_us-gaap_LoansAndLeasesReceivableConsumerMortgage_09F4D53919626024B844EF9FF1BE9700" xlink:type="arc" />
    <link:label id="lab_vac_InterestOnNotesReceivable_12BF17DB14A6A52E3413BFE7F08F5574_terseLabel_en-US" xlink:label="lab_vac_InterestOnNotesReceivable_12BF17DB14A6A52E3413BFE7F08F5574" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest income</link:label>
    <link:label id="lab_vac_InterestOnNotesReceivable_12BF17DB14A6A52E3413BFE7F08F5574_label_en-US" xlink:label="lab_vac_InterestOnNotesReceivable_12BF17DB14A6A52E3413BFE7F08F5574" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest On Notes Receivable</link:label>
    <link:label id="lab_vac_InterestOnNotesReceivable_12BF17DB14A6A52E3413BFE7F08F5574_documentation_en-US" xlink:label="lab_vac_InterestOnNotesReceivable_12BF17DB14A6A52E3413BFE7F08F5574" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest On Notes Receivable</link:label>
    <link:loc xlink:href="vac-20180930.xsd#vac_InterestOnNotesReceivable" xlink:label="loc_vac_InterestOnNotesReceivable_12BF17DB14A6A52E3413BFE7F08F5574" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vac_InterestOnNotesReceivable_12BF17DB14A6A52E3413BFE7F08F5574" xlink:to="lab_vac_InterestOnNotesReceivable_12BF17DB14A6A52E3413BFE7F08F5574" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeStatementAbstract_3185432FC6724F29D57BEC1C4F52E8EE_label_en-US" xlink:label="lab_us-gaap_IncomeStatementAbstract_3185432FC6724F29D57BEC1C4F52E8EE" 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/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IncomeStatementAbstract" xlink:label="loc_us-gaap_IncomeStatementAbstract_3185432FC6724F29D57BEC1C4F52E8EE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeStatementAbstract_3185432FC6724F29D57BEC1C4F52E8EE" xlink:to="lab_us-gaap_IncomeStatementAbstract_3185432FC6724F29D57BEC1C4F52E8EE" xlink:type="arc" />
    <link:label id="lab_vac_FinancingExpenseNotFromContractWithCustomer_A77340BA66BFA52DAF2AEC1C4F5643AA_terseLabel_en-US" xlink:label="lab_vac_FinancingExpenseNotFromContractWithCustomer_A77340BA66BFA52DAF2AEC1C4F5643AA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Rental</link:label>
    <link:loc xlink:href="vac-20180930.xsd#vac_FinancingExpenseNotFromContractWithCustomer" xlink:label="loc_vac_FinancingExpenseNotFromContractWithCustomer_A77340BA66BFA52DAF2AEC1C4F5643AA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vac_FinancingExpenseNotFromContractWithCustomer_A77340BA66BFA52DAF2AEC1C4F5643AA" xlink:to="lab_vac_FinancingExpenseNotFromContractWithCustomer_A77340BA66BFA52DAF2AEC1C4F5643AA" xlink:type="arc" />
    <link:label id="lab_vac_GainsLossesAndOtherIncomeExpenseNet_85C8504EF0CB99347A82EC1C4F57B105_terseLabel_en-US" xlink:label="lab_vac_GainsLossesAndOtherIncomeExpenseNet_85C8504EF0CB99347A82EC1C4F57B105" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gains (losses) and other income (expense), net</link:label>
    <link:loc xlink:href="vac-20180930.xsd#vac_GainsLossesAndOtherIncomeExpenseNet" xlink:label="loc_vac_GainsLossesAndOtherIncomeExpenseNet_85C8504EF0CB99347A82EC1C4F57B105" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vac_GainsLossesAndOtherIncomeExpenseNet_85C8504EF0CB99347A82EC1C4F57B105" xlink:to="lab_vac_GainsLossesAndOtherIncomeExpenseNet_85C8504EF0CB99347A82EC1C4F57B105" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxExpenseBenefit_6C7AAB18C18EC1B13985EC1C4F58EF58_negatedLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxExpenseBenefit_6C7AAB18C18EC1B13985EC1C4F58EF58" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Benefit (provision) for income taxes</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_IncomeTaxExpenseBenefit_6C7AAB18C18EC1B13985EC1C4F58EF58" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxExpenseBenefit_6C7AAB18C18EC1B13985EC1C4F58EF58" xlink:to="lab_us-gaap_IncomeTaxExpenseBenefit_6C7AAB18C18EC1B13985EC1C4F58EF58" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProfitLoss_F916B2C2A5F1489CDAD6EC1C4F586C60_totalLabel_en-US" xlink:label="lab_us-gaap_ProfitLoss_F916B2C2A5F1489CDAD6EC1C4F586C60" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">NET (LOSS) INCOME</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ProfitLoss" xlink:label="loc_us-gaap_ProfitLoss_F916B2C2A5F1489CDAD6EC1C4F586C60" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProfitLoss_F916B2C2A5F1489CDAD6EC1C4F586C60" xlink:to="lab_us-gaap_ProfitLoss_F916B2C2A5F1489CDAD6EC1C4F586C60" xlink:type="arc" />
    <link:label id="lab_us-gaap_EarningsPerShareAbstract_52B159EA44A4B83EA801EC1C4F58F82F_terseLabel_en-US" xlink:label="lab_us-gaap_EarningsPerShareAbstract_52B159EA44A4B83EA801EC1C4F58F82F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">(LOSSES) EARNINGS PER SHARE ATTRIBUTABLE TO COMMON SHAREHOLDERS</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_EarningsPerShareAbstract" xlink:label="loc_us-gaap_EarningsPerShareAbstract_52B159EA44A4B83EA801EC1C4F58F82F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EarningsPerShareAbstract_52B159EA44A4B83EA801EC1C4F58F82F" xlink:to="lab_us-gaap_EarningsPerShareAbstract_52B159EA44A4B83EA801EC1C4F58F82F" xlink:type="arc" />
    <link:label id="lab_us-gaap_EarningsPerShareBasic_4945C033843D55589501EC1C4F596271_verboseLabel_en-US" xlink:label="lab_us-gaap_EarningsPerShareBasic_4945C033843D55589501EC1C4F596271" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Basic (in usd per share)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_EarningsPerShareBasic" xlink:label="loc_us-gaap_EarningsPerShareBasic_4945C033843D55589501EC1C4F596271" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EarningsPerShareBasic_4945C033843D55589501EC1C4F596271" xlink:to="lab_us-gaap_EarningsPerShareBasic_4945C033843D55589501EC1C4F596271" xlink:type="arc" />
    <link:label id="lab_us-gaap_EarningsPerShareDiluted_C6FE146A7505A94D2A9DEC1C4F59595D_verboseLabel_en-US" xlink:label="lab_us-gaap_EarningsPerShareDiluted_C6FE146A7505A94D2A9DEC1C4F59595D" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Diluted (in usd per share)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_EarningsPerShareDiluted" xlink:label="loc_us-gaap_EarningsPerShareDiluted_C6FE146A7505A94D2A9DEC1C4F59595D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EarningsPerShareDiluted_C6FE146A7505A94D2A9DEC1C4F59595D" xlink:to="lab_us-gaap_EarningsPerShareDiluted_C6FE146A7505A94D2A9DEC1C4F59595D" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommonStockDividendsPerShareDeclared_41275E19B0E8BC450125EC1C4F59D6FF_verboseLabel_en-US" xlink:label="lab_us-gaap_CommonStockDividendsPerShareDeclared_41275E19B0E8BC450125EC1C4F59D6FF" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">CASH DIVIDENDS DECLARED PER SHARE (in usd per share)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_CommonStockDividendsPerShareDeclared" xlink:label="loc_us-gaap_CommonStockDividendsPerShareDeclared_41275E19B0E8BC450125EC1C4F59D6FF" xlink:type="locator" />
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    <link:label id="lab_us-gaap_InventoryDisclosureTextBlock_6707141B7AECFC9BFFA63E612A3F6E36_terseLabel_en-US" xlink:label="lab_us-gaap_InventoryDisclosureTextBlock_7483F95D07DA5F62A13EAF066717B5E8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">INVENTORY</link:label>
    <link:label id="lab_us-gaap_InventoryDisclosureTextBlock_6707141B7AECFC9BFFA63E612A3F6E36_label_en-US" xlink:label="lab_us-gaap_InventoryDisclosureTextBlock_7483F95D07DA5F62A13EAF066717B5E8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Inventory Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_InventoryDisclosureTextBlock" xlink:label="loc_us-gaap_InventoryDisclosureTextBlock_7483F95D07DA5F62A13EAF066717B5E8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InventoryDisclosureTextBlock_7483F95D07DA5F62A13EAF066717B5E8" xlink:to="lab_us-gaap_InventoryDisclosureTextBlock_7483F95D07DA5F62A13EAF066717B5E8" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_FA69475A8461D15E7C273E612AE6009C_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_0DEE9CA4E8C8562BAF878EF56809AA53" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reconciliation of Earnings and Number of Shares Used in Calculation of Basic and Diluted Earnings Per Share</link:label>
    <link:label id="lab_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_FA69475A8461D15E7C273E612AE6009C_label_en-US" xlink:label="lab_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_0DEE9CA4E8C8562BAF878EF56809AA53" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_0DEE9CA4E8C8562BAF878EF56809AA53" xlink:type="locator" />
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    <link:label id="lab_vac_DebtDisclosureTable_74D86E916A6753BDCF1DEC08A3B1BF46_terseLabel_en-US" xlink:label="lab_vac_DebtDisclosureTable_74D86E916A6753BDCF1DEC08A3B1BF46" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Disclosure [Table]</link:label>
    <link:label id="lab_vac_DebtDisclosureTable_74D86E916A6753BDCF1DEC08A3B1BF46_label_en-US" xlink:label="lab_vac_DebtDisclosureTable_74D86E916A6753BDCF1DEC08A3B1BF46" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Disclosure [Table]</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_60FFD5B7C88C38CAFA9CEF42B2992BF4" xlink:type="locator" />
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    <link:label id="lab_us-gaap_ProfitLoss_38EE54D8E946E5B7A227EF42B299CC8C_verboseLabel_en-US" xlink:label="lab_us-gaap_ProfitLoss_38EE54D8E946E5B7A227EF42B299CC8C" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Net (loss) income</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_ProfitLoss_38EE54D8E946E5B7A227EF42B299CC8C" xlink:to="lab_us-gaap_ProfitLoss_38EE54D8E946E5B7A227EF42B299CC8C" xlink:type="arc" />
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="loc_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_776623D6D09B553F52E5EF42B29A951B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_776623D6D09B553F52E5EF42B29A951B" xlink:to="lab_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_776623D6D09B553F52E5EF42B29A951B" xlink:type="arc" />
    <link:label id="lab_us-gaap_AmortizationOfIntangibleAssets_1C3B57E90F1814B86401EF42B29A1AB3_terseLabel_en-US" xlink:label="lab_us-gaap_AmortizationOfIntangibleAssets_1C3B57E90F1814B86401EF42B29A1AB3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Depreciation and amortization of intangibles</link:label>
    <link:label id="lab_us-gaap_AmortizationOfIntangibleAssets_1C3B57E90F1814B86401EF42B29A1AB3_label_en-US" xlink:label="lab_us-gaap_AmortizationOfIntangibleAssets_1C3B57E90F1814B86401EF42B29A1AB3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amortization of Intangible Assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AmortizationOfIntangibleAssets" xlink:label="loc_us-gaap_AmortizationOfIntangibleAssets_1C3B57E90F1814B86401EF42B29A1AB3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AmortizationOfIntangibleAssets_1C3B57E90F1814B86401EF42B29A1AB3" xlink:to="lab_us-gaap_AmortizationOfIntangibleAssets_1C3B57E90F1814B86401EF42B29A1AB3" xlink:type="arc" />
    <link:label id="lab_us-gaap_AmortizationOfFinancingCostsAndDiscounts_3730C9BB58FE4EE4F5F6EF42B29AC61E_terseLabel_en-US" xlink:label="lab_us-gaap_AmortizationOfFinancingCostsAndDiscounts_3730C9BB58FE4EE4F5F6EF42B29AC61E" 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>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AmortizationOfFinancingCostsAndDiscounts" xlink:label="loc_us-gaap_AmortizationOfFinancingCostsAndDiscounts_3730C9BB58FE4EE4F5F6EF42B29AC61E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AmortizationOfFinancingCostsAndDiscounts_3730C9BB58FE4EE4F5F6EF42B29AC61E" xlink:to="lab_us-gaap_AmortizationOfFinancingCostsAndDiscounts_3730C9BB58FE4EE4F5F6EF42B29AC61E" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProvisionForLoanAndLeaseLosses_86AED081A24A08518529EF42B29B0564_terseLabel_en-US" xlink:label="lab_us-gaap_ProvisionForLoanAndLeaseLosses_86AED081A24A08518529EF42B29B0564" 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_86AED081A24A08518529EF42B29B0564_label_en-US" xlink:label="lab_us-gaap_ProvisionForLoanAndLeaseLosses_86AED081A24A08518529EF42B29B0564" 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/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ProvisionForLoanAndLeaseLosses" xlink:label="loc_us-gaap_ProvisionForLoanAndLeaseLosses_86AED081A24A08518529EF42B29B0564" xlink:type="locator" />
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    <link:label id="lab_us-gaap_ShareBasedCompensation_D64EBCAB277ECE2C4347EF42B29BDA1F_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensation_D64EBCAB277ECE2C4347EF42B29BDA1F" 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_D64EBCAB277ECE2C4347EF42B29BDA1F_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensation_D64EBCAB277ECE2C4347EF42B29BDA1F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShareBasedCompensation" xlink:label="loc_us-gaap_ShareBasedCompensation_D64EBCAB277ECE2C4347EF42B29BDA1F" xlink:type="locator" />
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    <link:label id="lab_vac_NoncashIncomeTaxExpenseBenefit_C24B88BE7F1F1CB8D5D3EF42B29B4414_terseLabel_en-US" xlink:label="lab_vac_NoncashIncomeTaxExpenseBenefit_C24B88BE7F1F1CB8D5D3EF42B29B4414" 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_C24B88BE7F1F1CB8D5D3EF42B29B4414_label_en-US" xlink:label="lab_vac_NoncashIncomeTaxExpenseBenefit_C24B88BE7F1F1CB8D5D3EF42B29B4414" 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_C24B88BE7F1F1CB8D5D3EF42B29B4414_documentation_en-US" xlink:label="lab_vac_NoncashIncomeTaxExpenseBenefit_C24B88BE7F1F1CB8D5D3EF42B29B4414" 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-20180930.xsd#vac_NoncashIncomeTaxExpenseBenefit" xlink:label="loc_vac_NoncashIncomeTaxExpenseBenefit_C24B88BE7F1F1CB8D5D3EF42B29B4414" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vac_NoncashIncomeTaxExpenseBenefit_C24B88BE7F1F1CB8D5D3EF42B29B4414" xlink:to="lab_vac_NoncashIncomeTaxExpenseBenefit_C24B88BE7F1F1CB8D5D3EF42B29B4414" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_E8D565656BE09E5E0A59EF42B29B39B2_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_E8D565656BE09E5E0A59EF42B29B39B2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net change in assets and liabilities, net of the effects of acquisition:</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_E8D565656BE09E5E0A59EF42B29B39B2_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_E8D565656BE09E5E0A59EF42B29B39B2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Operating Capital [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IncreaseDecreaseInOperatingCapitalAbstract" xlink:label="loc_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_E8D565656BE09E5E0A59EF42B29B39B2" xlink:type="locator" />
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    <link:label id="lab_us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables_AB1F1A4A7E801535473CEF42B29BDF55_negatedLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables_AB1F1A4A7E801535473CEF42B29BDF55" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Accounts receivable</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables" xlink:label="loc_us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables_AB1F1A4A7E801535473CEF42B29BDF55" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables_AB1F1A4A7E801535473CEF42B29BDF55" xlink:to="lab_us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables_AB1F1A4A7E801535473CEF42B29BDF55" xlink:type="arc" />
    <link:label id="lab_vac_IncreaseDecreaseInNotesReceivableOriginations_318083F03706ECFF9645EF42B29C80D8_terseLabel_en-US" xlink:label="lab_vac_IncreaseDecreaseInNotesReceivableOriginations_318083F03706ECFF9645EF42B29C80D8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Vacation ownership notes receivable originations</link:label>
    <link:label id="lab_vac_IncreaseDecreaseInNotesReceivableOriginations_318083F03706ECFF9645EF42B29C80D8_label_en-US" xlink:label="lab_vac_IncreaseDecreaseInNotesReceivableOriginations_318083F03706ECFF9645EF42B29C80D8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Notes Receivable Originations</link:label>
    <link:label id="lab_vac_IncreaseDecreaseInNotesReceivableOriginations_318083F03706ECFF9645EF42B29C80D8_documentation_en-US" xlink:label="lab_vac_IncreaseDecreaseInNotesReceivableOriginations_318083F03706ECFF9645EF42B29C80D8" 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_F7D2D41C8E47A1183874EF42B29C26A8_negatedLabel_en-US" xlink:label="lab_vac_IncreaseDecreaseInNotesReceivableCollections_F7D2D41C8E47A1183874EF42B29C26A8" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Vacation ownership notes receivable collections</link:label>
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    <link:label id="lab_vac_IncreaseDecreaseInNotesReceivableCollections_F7D2D41C8E47A1183874EF42B29C26A8_documentation_en-US" xlink:label="lab_vac_IncreaseDecreaseInNotesReceivableCollections_F7D2D41C8E47A1183874EF42B29C26A8" 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_vac_PurchaseOfVacationOwnershipUnitsForFutureTransferToInventory_C2C0DFE65E4A4305918EEF42B29CE617_negatedTerseLabel_en-US" xlink:label="lab_vac_PurchaseOfVacationOwnershipUnitsForFutureTransferToInventory_C2C0DFE65E4A4305918EEF42B29CE617" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Purchase of vacation ownership units for future transfer to inventory</link:label>
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    <link:label id="lab_us-gaap_IncreaseDecreaseInOtherOperatingAssets_0B6DA58858BED533DEE5EF42B29DFF1A_negatedLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOtherOperatingAssets_0B6DA58858BED533DEE5EF42B29DFF1A" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Other assets</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInOtherOperatingAssets_0B6DA58858BED533DEE5EF42B29DFF1A_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOtherOperatingAssets_0B6DA58858BED533DEE5EF42B29DFF1A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Other Operating Assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IncreaseDecreaseInOtherOperatingAssets" xlink:label="loc_us-gaap_IncreaseDecreaseInOtherOperatingAssets_0B6DA58858BED533DEE5EF42B29DFF1A" xlink:type="locator" />
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    <link:label id="lab_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_3268725FA26ED1473680EF42B29D32F1_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_3268725FA26ED1473680EF42B29D32F1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounts payable, advance deposits and accrued liabilities</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_3268725FA26ED1473680EF42B29D32F1_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_3268725FA26ED1473680EF42B29D32F1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Accounts Payable and Accrued Liabilities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities" xlink:label="loc_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_3268725FA26ED1473680EF42B29D32F1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_3268725FA26ED1473680EF42B29D32F1" xlink:to="lab_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_3268725FA26ED1473680EF42B29D32F1" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInContractWithCustomerLiability_305CBE78D9192C0040D4EF42B29DF8DD_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInContractWithCustomerLiability_305CBE78D9192C0040D4EF42B29DF8DD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred revenue</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IncreaseDecreaseInContractWithCustomerLiability" xlink:label="loc_us-gaap_IncreaseDecreaseInContractWithCustomerLiability_305CBE78D9192C0040D4EF42B29DF8DD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInContractWithCustomerLiability_305CBE78D9192C0040D4EF42B29DF8DD" xlink:to="lab_us-gaap_IncreaseDecreaseInContractWithCustomerLiability_305CBE78D9192C0040D4EF42B29DF8DD" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities_CBC7215C71105ED09F12EF42B29DB8A4_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities_CBC7215C71105ED09F12EF42B29DB8A4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Payroll and benefit liabilities</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities_CBC7215C71105ED09F12EF42B29DB8A4_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities_CBC7215C71105ED09F12EF42B29DB8A4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Employee Related Liabilities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities" xlink:label="loc_us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities_CBC7215C71105ED09F12EF42B29DB8A4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities_CBC7215C71105ED09F12EF42B29DB8A4" xlink:to="lab_us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities_CBC7215C71105ED09F12EF42B29DB8A4" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInDeferredCompensation_BC17C1445184413E3093EF42B29DE0EA_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInDeferredCompensation_BC17C1445184413E3093EF42B29DE0EA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred compensation liability</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInDeferredCompensation_BC17C1445184413E3093EF42B29DE0EA_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInDeferredCompensation_BC17C1445184413E3093EF42B29DE0EA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Deferred Compensation</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IncreaseDecreaseInDeferredCompensation" xlink:label="loc_us-gaap_IncreaseDecreaseInDeferredCompensation_BC17C1445184413E3093EF42B29DE0EA" xlink:type="locator" />
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    <link:label id="lab_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_586F98938F0F399A29EBEF42B29D3917_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_586F98938F0F399A29EBEF42B29D3917" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other liabilities</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_586F98938F0F399A29EBEF42B29D3917_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_586F98938F0F399A29EBEF42B29D3917" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Other Operating Liabilities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IncreaseDecreaseInOtherOperatingLiabilities" xlink:label="loc_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_586F98938F0F399A29EBEF42B29D3917" xlink:type="locator" />
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    <link:label id="lab_us-gaap_OtherOperatingActivitiesCashFlowStatement_213633E4EB04A49373A9EF42B29E4536_terseLabel_en-US" xlink:label="lab_us-gaap_OtherOperatingActivitiesCashFlowStatement_213633E4EB04A49373A9EF42B29E4536" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other, net</link:label>
    <link:label id="lab_us-gaap_OtherOperatingActivitiesCashFlowStatement_213633E4EB04A49373A9EF42B29E4536_label_en-US" xlink:label="lab_us-gaap_OtherOperatingActivitiesCashFlowStatement_213633E4EB04A49373A9EF42B29E4536" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Operating Activities, Cash Flow Statement</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OtherOperatingActivitiesCashFlowStatement" xlink:label="loc_us-gaap_OtherOperatingActivitiesCashFlowStatement_213633E4EB04A49373A9EF42B29E4536" xlink:type="locator" />
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    <link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_159D2D620F8E1CE0968FEF42B29ECB58_totalLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_159D2D620F8E1CE0968FEF42B29ECB58" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net cash and restricted cash provided by operating activities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_159D2D620F8E1CE0968FEF42B29ECB58" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_159D2D620F8E1CE0968FEF42B29ECB58" xlink:to="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_159D2D620F8E1CE0968FEF42B29ECB58" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_0B50E3A7EA1EBAED7C1DEF42B29E0140_terseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_0B50E3A7EA1EBAED7C1DEF42B29E0140" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">INVESTING ACTIVITIES</link:label>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_0B50E3A7EA1EBAED7C1DEF42B29E0140_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_0B50E3A7EA1EBAED7C1DEF42B29E0140" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Provided by (Used in) Investing Activities [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_0B50E3A7EA1EBAED7C1DEF42B29E0140" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_0B50E3A7EA1EBAED7C1DEF42B29E0140" xlink:to="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_0B50E3A7EA1EBAED7C1DEF42B29E0140" xlink:type="arc" />
    <link:label id="lab_vac_PaymentstoAcquireBusinessesNetofCashAndRestrictedCashAcquired_36BCE4202A07DB3F67CFEF42B29E7106_negatedTerseLabel_en-US" xlink:label="lab_vac_PaymentstoAcquireBusinessesNetofCashAndRestrictedCashAcquired_36BCE4202A07DB3F67CFEF42B29E7106" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Acquisition of a business, net of cash and restricted cash acquired</link:label>
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    <link:label id="lab_vac_PaymentstoAcquireBusinessesNetofCashAndRestrictedCashAcquired_36BCE4202A07DB3F67CFEF42B29E7106_documentation_en-US" xlink:label="lab_vac_PaymentstoAcquireBusinessesNetofCashAndRestrictedCashAcquired_36BCE4202A07DB3F67CFEF42B29E7106" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Payments to Acquire Businesses, Net of Cash And Restricted Cash Acquired</link:label>
    <link:loc xlink:href="vac-20180930.xsd#vac_PaymentstoAcquireBusinessesNetofCashAndRestrictedCashAcquired" xlink:label="loc_vac_PaymentstoAcquireBusinessesNetofCashAndRestrictedCashAcquired_36BCE4202A07DB3F67CFEF42B29E7106" xlink:type="locator" />
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    <link:label id="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_64D846D0FCB884CB2B0BEF42B29E8B46_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_64D846D0FCB884CB2B0BEF42B29E8B46" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Capital expenditures for property and equipment (excluding inventory)</link:label>
    <link:label id="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_64D846D0FCB884CB2B0BEF42B29E8B46_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_64D846D0FCB884CB2B0BEF42B29E8B46" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments to Acquire Property, Plant, and Equipment</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" xlink:label="loc_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_64D846D0FCB884CB2B0BEF42B29E8B46" xlink:type="locator" />
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    <link:label id="lab_us-gaap_PaymentsForProceedsFromLifeInsurancePolicies_BF3DB3A603B3DA056E49EF42B29F7602_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsForProceedsFromLifeInsurancePolicies_BF3DB3A603B3DA056E49EF42B29F7602" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Purchase of company owned life insurance</link:label>
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    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_0B280F13D38D5A6721E3EF42B29FBB73_totalLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_0B280F13D38D5A6721E3EF42B29FBB73" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net cash and restricted cash used in investing activities</link:label>
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    <link:label id="lab_us-gaap_DividendsPayableCurrentAndNoncurrent_9E49580C0AADF374916DEF42B2A29D63_terseLabel_en-US" xlink:label="lab_us-gaap_DividendsPayableCurrentAndNoncurrent_9E49580C0AADF374916DEF42B2A29D63" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Dividends payable</link:label>
    <link:label id="lab_us-gaap_DividendsPayableCurrentAndNoncurrent_9E49580C0AADF374916DEF42B2A29D63_label_en-US" xlink:label="lab_us-gaap_DividendsPayableCurrentAndNoncurrent_9E49580C0AADF374916DEF42B2A29D63" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dividends Payable</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DividendsPayableCurrentAndNoncurrent" xlink:label="loc_us-gaap_DividendsPayableCurrentAndNoncurrent_9E49580C0AADF374916DEF42B2A29D63" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DividendsPayableCurrentAndNoncurrent_9E49580C0AADF374916DEF42B2A29D63" xlink:to="lab_us-gaap_DividendsPayableCurrentAndNoncurrent_9E49580C0AADF374916DEF42B2A29D63" xlink:type="arc" />
    <link:label id="lab_us-gaap_SupplementalCashFlowInformationAbstract_A086D79E6F84F784DBFDEF42B2A3A021_terseLabel_en-US" xlink:label="lab_us-gaap_SupplementalCashFlowInformationAbstract_A086D79E6F84F784DBFDEF42B2A3A021" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">SUPPLEMENTAL DISCLOSURES</link:label>
    <link:label id="lab_us-gaap_SupplementalCashFlowInformationAbstract_A086D79E6F84F784DBFDEF42B2A3A021_label_en-US" xlink:label="lab_us-gaap_SupplementalCashFlowInformationAbstract_A086D79E6F84F784DBFDEF42B2A3A021" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Supplemental Cash Flow Information [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_SupplementalCashFlowInformationAbstract" xlink:label="loc_us-gaap_SupplementalCashFlowInformationAbstract_A086D79E6F84F784DBFDEF42B2A3A021" xlink:type="locator" />
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    <link:label id="lab_us-gaap_InterestPaidNet_5F6BE5310313C5943E79EF42B2A39C03_terseLabel_en-US" xlink:label="lab_us-gaap_InterestPaidNet_5F6BE5310313C5943E79EF42B2A39C03" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest paid, net of amounts capitalized</link:label>
    <link:label id="lab_us-gaap_InterestPaidNet_5F6BE5310313C5943E79EF42B2A39C03_label_en-US" xlink:label="lab_us-gaap_InterestPaidNet_5F6BE5310313C5943E79EF42B2A39C03" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Paid, Excluding Capitalized Interest, Operating Activities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_InterestPaidNet" xlink:label="loc_us-gaap_InterestPaidNet_5F6BE5310313C5943E79EF42B2A39C03" xlink:type="locator" />
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    <link:label id="lab_us-gaap_IncomeTaxesPaidNet_2A1475CA2DBAD73FB924EF42B2A3CFA2_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxesPaidNet_2A1475CA2DBAD73FB924EF42B2A3CFA2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income taxes paid, net of refunds</link:label>
    <link:label id="lab_us-gaap_IncomeTaxesPaidNet_2A1475CA2DBAD73FB924EF42B2A3CFA2_label_en-US" xlink:label="lab_us-gaap_IncomeTaxesPaidNet_2A1475CA2DBAD73FB924EF42B2A3CFA2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Taxes Paid, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IncomeTaxesPaidNet" xlink:label="loc_us-gaap_IncomeTaxesPaidNet_2A1475CA2DBAD73FB924EF42B2A3CFA2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxesPaidNet_2A1475CA2DBAD73FB924EF42B2A3CFA2" xlink:to="lab_us-gaap_IncomeTaxesPaidNet_2A1475CA2DBAD73FB924EF42B2A3CFA2" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredRevenueArrangementByTypeTable_E46FD0F2EF3CDC0D1A6EB5057A77C9C4_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredRevenueArrangementByTypeTable_C64C48DDD1815DA38BAB1F384E2EE26E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred Revenue Arrangement, by Type [Table]</link:label>
    <link:label id="lab_us-gaap_DeferredRevenueArrangementByTypeTable_E46FD0F2EF3CDC0D1A6EB5057A77C9C4_label_en-US" xlink:label="lab_us-gaap_DeferredRevenueArrangementByTypeTable_C64C48DDD1815DA38BAB1F384E2EE26E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Revenue Arrangement, by Type [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DeferredRevenueArrangementByTypeTable" xlink:label="loc_us-gaap_DeferredRevenueArrangementByTypeTable_C64C48DDD1815DA38BAB1F384E2EE26E" xlink:type="locator" />
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    <link:label id="lab_us-gaap_RevenueRecognitionMultipleDeliverableArrangementsLineItems_A1E5A4173150D3602375B5057A792126_terseLabel_en-US" xlink:label="lab_us-gaap_RevenueRecognitionMultipleDeliverableArrangementsLineItems_27E322CC98015B55B66603F175894F7F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revenue Recognition, Multiple-deliverable Arrangements [Line Items]</link:label>
    <link:label id="lab_us-gaap_RevenueRecognitionMultipleDeliverableArrangementsLineItems_A1E5A4173150D3602375B5057A792126_label_en-US" xlink:label="lab_us-gaap_RevenueRecognitionMultipleDeliverableArrangementsLineItems_27E322CC98015B55B66603F175894F7F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue Recognition, Multiple-deliverable Arrangements [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_RevenueRecognitionMultipleDeliverableArrangementsLineItems" xlink:label="loc_us-gaap_RevenueRecognitionMultipleDeliverableArrangementsLineItems_27E322CC98015B55B66603F175894F7F" xlink:type="locator" />
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    <link:label id="lab_us-gaap_ContractWithCustomerAssetNetAbstract_05FD20DCBE6A85D56427B5057A7A5E96_terseLabel_en-US" xlink:label="lab_us-gaap_ContractWithCustomerAssetNetAbstract_242A91B8443B51CEADEDE63F273C7E1C" 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_05FD20DCBE6A85D56427B5057A7A5E96_label_en-US" xlink:label="lab_us-gaap_ContractWithCustomerAssetNetAbstract_242A91B8443B51CEADEDE63F273C7E1C" 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/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ContractWithCustomerAssetNetAbstract" xlink:label="loc_us-gaap_ContractWithCustomerAssetNetAbstract_242A91B8443B51CEADEDE63F273C7E1C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ContractWithCustomerAssetNetAbstract_242A91B8443B51CEADEDE63F273C7E1C" xlink:to="lab_us-gaap_ContractWithCustomerAssetNetAbstract_242A91B8443B51CEADEDE63F273C7E1C" xlink:type="arc" />
    <link:label id="lab_vac_ContractsWithCustomersAccountsReceivable_7E405DB55A4387FCDBC8B5057A7A0DA9_terseLabel_en-US" xlink:label="lab_vac_ContractsWithCustomersAccountsReceivable_0BDA69966D0958DDB406DE5840F558F6" 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_7E405DB55A4387FCDBC8B5057A7A0DA9_label_en-US" xlink:label="lab_vac_ContractsWithCustomersAccountsReceivable_0BDA69966D0958DDB406DE5840F558F6" 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_7E405DB55A4387FCDBC8B5057A7A0DA9_documentation_en-US" xlink:label="lab_vac_ContractsWithCustomersAccountsReceivable_0BDA69966D0958DDB406DE5840F558F6" 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-20180930.xsd#vac_ContractsWithCustomersAccountsReceivable" xlink:label="loc_vac_ContractsWithCustomersAccountsReceivable_0BDA69966D0958DDB406DE5840F558F6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vac_ContractsWithCustomersAccountsReceivable_0BDA69966D0958DDB406DE5840F558F6" xlink:to="lab_vac_ContractsWithCustomersAccountsReceivable_0BDA69966D0958DDB406DE5840F558F6" xlink:type="arc" />
    <link:label id="lab_vac_ContractwithCustomerReceivable_16B3039B5B01CDFB8B4FB5057A7AC617_totalLabel_en-US" xlink:label="lab_vac_ContractwithCustomerReceivable_02C044EFB0D15212B0FD3534AA111AF0" 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_16B3039B5B01CDFB8B4FB5057A7AC617_label_en-US" xlink:label="lab_vac_ContractwithCustomerReceivable_02C044EFB0D15212B0FD3534AA111AF0" 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_16B3039B5B01CDFB8B4FB5057A7AC617_documentation_en-US" xlink:label="lab_vac_ContractwithCustomerReceivable_02C044EFB0D15212B0FD3534AA111AF0" 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-20180930.xsd#vac_ContractwithCustomerReceivable" xlink:label="loc_vac_ContractwithCustomerReceivable_02C044EFB0D15212B0FD3534AA111AF0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vac_ContractwithCustomerReceivable_02C044EFB0D15212B0FD3534AA111AF0" xlink:to="lab_vac_ContractwithCustomerReceivable_02C044EFB0D15212B0FD3534AA111AF0" xlink:type="arc" />
    <link:label id="lab_us-gaap_ContractWithCustomerLiabilityAbstract_3CE4003B9E2D01C85C98B5057A7BDBFC_terseLabel_en-US" xlink:label="lab_us-gaap_ContractWithCustomerLiabilityAbstract_8DD2550E521B5246991FF5689E0E89CD" 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_3CE4003B9E2D01C85C98B5057A7BDBFC_label_en-US" xlink:label="lab_us-gaap_ContractWithCustomerLiabilityAbstract_8DD2550E521B5246991FF5689E0E89CD" 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/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ContractWithCustomerLiabilityAbstract" xlink:label="loc_us-gaap_ContractWithCustomerLiabilityAbstract_8DD2550E521B5246991FF5689E0E89CD" xlink:type="locator" />
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    <link:label id="lab_us-gaap_RestrictedCashAndCashEquivalents_154AAE6282B13F1EC297EF9FF4FBBDB0_verboseLabel_en-US" xlink:label="lab_us-gaap_RestrictedCashAndCashEquivalents_154AAE6282B13F1EC297EF9FF4FBBDB0" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Restricted cash (including $130 and $32 from VIEs, respectively)</link:label>
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    <link:label id="lab_us-gaap_AccountsReceivableNet_F5A2F616C7F93B0EFB1EEF9FF4FB904D_verboseLabel_en-US" xlink:label="lab_us-gaap_AccountsReceivableNet_F5A2F616C7F93B0EFB1EEF9FF4FB904D" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Accounts receivable, net (including $10 and $6 from VIEs, respectively)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AccountsReceivableNet" xlink:label="loc_us-gaap_AccountsReceivableNet_F5A2F616C7F93B0EFB1EEF9FF4FB904D" xlink:type="locator" />
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    <link:label id="lab_us-gaap_NotesReceivableNet_5CCC0D5FEEE7E789B928EF9FF4FC5DDB_verboseLabel_en-US" xlink:label="lab_us-gaap_NotesReceivableNet_5CCC0D5FEEE7E789B928EF9FF4FC5DDB" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Vacation ownership notes receivable, net (including $1,557 and $814 from VIEs, respectively)</link:label>
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    <link:label id="lab_us-gaap_OtherAssets_903A173907E65EAB5D09EF9FF4FD7EB7_terseLabel_en-US" xlink:label="lab_us-gaap_OtherAssets_903A173907E65EAB5D09EF9FF4FD7EB7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other (including $28 and $14 from VIEs, respectively)</link:label>
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    <link:label id="lab_us-gaap_AccruedLiabilitiesCurrentAndNoncurrent_877A07EFE42E0324D2F1EF9FF4FFC14E_verboseLabel_en-US" xlink:label="lab_us-gaap_AccruedLiabilitiesCurrentAndNoncurrent_877A07EFE42E0324D2F1EF9FF4FFC14E" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Accrued liabilities (including $2 and $1 from VIEs, respectively)</link:label>
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    <link:label id="lab_us-gaap_SecuredDebt_9CF97F9E759031CDECF6EF9FF50031E5_verboseLabel_en-US" xlink:label="lab_us-gaap_SecuredDebt_9CF97F9E759031CDECF6EF9FF50031E5" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Securitized debt, net (including $1,701 and $845 from VIEs, respectively)</link:label>
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    <link:label id="lab_vac_NotesReceivableEstimatedAverageDefaultRates_9A0CD0121A7DA79DB85BE9F19116346F_terseLabel_en-US" xlink:label="lab_vac_NotesReceivableEstimatedAverageDefaultRates_9A0CD0121A7DA79DB85BE9F19116346F" 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>
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    <link:label id="lab_vac_NotesReceivableEstimatedAverageDefaultRates_9A0CD0121A7DA79DB85BE9F19116346F_documentation_en-US" xlink:label="lab_vac_NotesReceivableEstimatedAverageDefaultRates_9A0CD0121A7DA79DB85BE9F19116346F" 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-20180930.xsd#vac_NotesReceivableEstimatedAverageDefaultRates" xlink:label="loc_vac_NotesReceivableEstimatedAverageDefaultRates_9A0CD0121A7DA79DB85BE9F19116346F" xlink:type="locator" />
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    <link:label id="lab_vac_ResultOfIncreaseInEstimatedDefaultRate_D64BD271C788E1C74365E9F191163FDA_terseLabel_en-US" xlink:label="lab_vac_ResultOfIncreaseInEstimatedDefaultRate_D64BD271C788E1C74365E9F191163FDA" 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_D64BD271C788E1C74365E9F191163FDA_label_en-US" xlink:label="lab_vac_ResultOfIncreaseInEstimatedDefaultRate_D64BD271C788E1C74365E9F191163FDA" 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_D64BD271C788E1C74365E9F191163FDA_documentation_en-US" xlink:label="lab_vac_ResultOfIncreaseInEstimatedDefaultRate_D64BD271C788E1C74365E9F191163FDA" 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_WeightedAverageFicoScoreWithinOriginatedLoanPool_C7C4765E2A4EEA374ADFE9F19116EE55_terseLabel_en-US" xlink:label="lab_vac_WeightedAverageFicoScoreWithinOriginatedLoanPool_C7C4765E2A4EEA374ADFE9F19116EE55" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted average FICO score within originated loan pool</link:label>
    <link:label id="lab_vac_WeightedAverageFicoScoreWithinOriginatedLoanPool_C7C4765E2A4EEA374ADFE9F19116EE55_label_en-US" xlink:label="lab_vac_WeightedAverageFicoScoreWithinOriginatedLoanPool_C7C4765E2A4EEA374ADFE9F19116EE55" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Weighted average FICO score within originated loan pool</link:label>
    <link:label id="lab_vac_WeightedAverageFicoScoreWithinOriginatedLoanPool_C7C4765E2A4EEA374ADFE9F19116EE55_documentation_en-US" xlink:label="lab_vac_WeightedAverageFicoScoreWithinOriginatedLoanPool_C7C4765E2A4EEA374ADFE9F19116EE55" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Weighted average FICO score within originated loan pool</link:label>
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    <link:label id="lab_vac_AverageEstimatedRateOfDefaultForAllOutstandingLoans_82723DE5BAA23484B73EE9F191170951_terseLabel_en-US" xlink:label="lab_vac_AverageEstimatedRateOfDefaultForAllOutstandingLoans_82723DE5BAA23484B73EE9F191170951" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Average estimated rate of default for all outstanding loans</link:label>
    <link:label id="lab_vac_AverageEstimatedRateOfDefaultForAllOutstandingLoans_82723DE5BAA23484B73EE9F191170951_label_en-US" xlink:label="lab_vac_AverageEstimatedRateOfDefaultForAllOutstandingLoans_82723DE5BAA23484B73EE9F191170951" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Average Estimated Rate Of Default For All Outstanding Loans</link:label>
    <link:label id="lab_vac_AverageEstimatedRateOfDefaultForAllOutstandingLoans_82723DE5BAA23484B73EE9F191170951_documentation_en-US" xlink:label="lab_vac_AverageEstimatedRateOfDefaultForAllOutstandingLoans_82723DE5BAA23484B73EE9F191170951" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Average estimated rate of default for all outstanding loans.</link:label>
    <link:loc xlink:href="vac-20180930.xsd#vac_AverageEstimatedRateOfDefaultForAllOutstandingLoans" xlink:label="loc_vac_AverageEstimatedRateOfDefaultForAllOutstandingLoans_82723DE5BAA23484B73EE9F191170951" xlink:type="locator" />
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    <link:label id="lab_us-gaap_BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued_F6C1F8130095394095F3EB8E466E8B53_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued_F6C1F8130095394095F3EB8E466E8B53" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equivalent shares of Marriott Vacations Worldwide common stock issued in exchange for ILG outstanding shares (in shares)</link:label>
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    <link:label id="lab_us-gaap_BusinessAcquisitionSharePrice_119E5BEF594422ED81EDEB8E466EBEC0_verboseLabel_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionSharePrice_119E5BEF594422ED81EDEB8E466EBEC0" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Marriott Vacations Worldwide common stock price as of Acquisition Date (in dollars per share)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_BusinessAcquisitionSharePrice" xlink:label="loc_us-gaap_BusinessAcquisitionSharePrice_119E5BEF594422ED81EDEB8E466EBEC0" xlink:type="locator" />
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    <link:label id="lab_vac_BusinessCombinationConsiderationTransferredEquityInterestsIssuedandIssuableCommonStock_E2EB2BAA559E97CA8079EB8E466FD173_terseLabel_en-US" xlink:label="lab_vac_BusinessCombinationConsiderationTransferredEquityInterestsIssuedandIssuableCommonStock_E2EB2BAA559E97CA8079EB8E466FD173" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair value of Marriott Vacations Worldwide common stock issued in exchange for ILG outstanding shares</link:label>
    <link:label id="lab_vac_BusinessCombinationConsiderationTransferredEquityInterestsIssuedandIssuableCommonStock_E2EB2BAA559E97CA8079EB8E466FD173_label_en-US" xlink:label="lab_vac_BusinessCombinationConsiderationTransferredEquityInterestsIssuedandIssuableCommonStock_E2EB2BAA559E97CA8079EB8E466FD173" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination Consideration Transferred Equity Interests Issued and Issuable, Common Stock</link:label>
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    <link:loc xlink:href="vac-20180930.xsd#vac_BusinessCombinationConsiderationTransferredEquityInterestsIssuedandIssuableCommonStock" xlink:label="loc_vac_BusinessCombinationConsiderationTransferredEquityInterestsIssuedandIssuableCommonStock_E2EB2BAA559E97CA8079EB8E466FD173" xlink:type="locator" />
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    <link:label id="lab_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_CD68F5E4136931B8F2D4EB8E466FD6DE_terseLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_CD68F5E4136931B8F2D4EB8E466FD6DE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash consideration to ILG shareholders, net of cash acquired of $154 million</link:label>
    <link:label id="lab_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_CD68F5E4136931B8F2D4EB8E466FD6DE_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_CD68F5E4136931B8F2D4EB8E466FD6DE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments to Acquire Businesses, Net of Cash Acquired</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired" xlink:label="loc_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_CD68F5E4136931B8F2D4EB8E466FD6DE" xlink:type="locator" />
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    <link:label id="lab_us-gaap_CashAcquiredFromAcquisition_F1B3EFB47471FC69007BEB8E4670D823_label_en-US" xlink:label="lab_us-gaap_CashAcquiredFromAcquisition_F1B3EFB47471FC69007BEB8E4670D823" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash Acquired from Acquisition</link:label>
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    <link:label id="lab_us-gaap_ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod_249807EDDF671479B847E556B5549298_terseLabel_en-US" xlink:label="lab_us-gaap_ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod_249807EDDF671479B847E556B5549298" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Contract with customer, performance obligation, decrease in revenue</link:label>
    <link:label id="lab_us-gaap_ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod_249807EDDF671479B847E556B5549298_label_en-US" xlink:label="lab_us-gaap_ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod_249807EDDF671479B847E556B5549298" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contract with Customer, Performance Obligation Satisfied in Previous Period</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod" xlink:label="loc_us-gaap_ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod_249807EDDF671479B847E556B5549298" xlink:type="locator" />
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    <link:label id="lab_vac_NumberOfDaysForPaymentsToCommenceUnderFinancingContractsAfterClosing_2442B086BC56298E4F62E556B554058E_terseLabel_en-US" xlink:label="lab_vac_NumberOfDaysForPaymentsToCommenceUnderFinancingContractsAfterClosing_2442B086BC56298E4F62E556B554058E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of days for payments to commence under financing contracts after closing</link:label>
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    <link:label id="lab_vac_NumberOfDaysForPaymentsToCommenceUnderFinancingContractsAfterClosing_2442B086BC56298E4F62E556B554058E_documentation_en-US" xlink:label="lab_vac_NumberOfDaysForPaymentsToCommenceUnderFinancingContractsAfterClosing_2442B086BC56298E4F62E556B554058E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number of days for payments to commence under financing contracts after closing</link:label>
    <link:loc xlink:href="vac-20180930.xsd#vac_NumberOfDaysForPaymentsToCommenceUnderFinancingContractsAfterClosing" xlink:label="loc_vac_NumberOfDaysForPaymentsToCommenceUnderFinancingContractsAfterClosing_2442B086BC56298E4F62E556B554058E" xlink:type="locator" />
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    <link:label id="lab_vac_VacationOwnershipProductsSalesIncentivesPeriod_29FE30E1916CB57668C2E556B554031A_terseLabel_en-US" xlink:label="lab_vac_VacationOwnershipProductsSalesIncentivesPeriod_29FE30E1916CB57668C2E556B554031A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Vacation ownership products, sales incentives, period</link:label>
    <link:label id="lab_vac_VacationOwnershipProductsSalesIncentivesPeriod_29FE30E1916CB57668C2E556B554031A_label_en-US" xlink:label="lab_vac_VacationOwnershipProductsSalesIncentivesPeriod_29FE30E1916CB57668C2E556B554031A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Vacation Ownership Products, Sales Incentives, Period</link:label>
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    <link:label id="lab_vac_VacationOwnershipProductFinancingTerm_8A059260FA4AACB8BD12E556B554AC33_terseLabel_en-US" xlink:label="lab_vac_VacationOwnershipProductFinancingTerm_8A059260FA4AACB8BD12E556B554AC33" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Vacation ownership product, financing term</link:label>
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    <link:label id="lab_vac_VacationPackageExpirationPeriod_4B862192A127F061D0B8E556B5552C58_terseLabel_en-US" xlink:label="lab_vac_VacationPackageExpirationPeriod_4B862192A127F061D0B8E556B5552C58" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Rental expiration period</link:label>
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    <link:label id="lab_us-gaap_ContractWithCustomerAssetGross_3E15F897185E4E0A992EE556B555D0D9_terseLabel_en-US" xlink:label="lab_us-gaap_ContractWithCustomerAssetGross_3E15F897185E4E0A992EE556B555D0D9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Contract with customer, contract assets</link:label>
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    <link:label id="lab_us-gaap_InterestExpenseDebtExcludingAmortization_8892846840A89B7FD8BFE4DADB0A5EA3_terseLabel_en-US" xlink:label="lab_us-gaap_InterestExpenseDebtExcludingAmortization_8892846840A89B7FD8BFE4DADB0A5EA3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Contractual interest expense</link:label>
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