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    <link:label id="lab_us-gaap_MinorityInterest_C7F1B6EBC39828B70BEB9A10C500005B_label_en-US" xlink:label="lab_us-gaap_MinorityInterest_C7F1B6EBC39828B70BEB9A10C500005B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stockholders' Equity Attributable to Noncontrolling Interest</link:label>
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    <link:label id="lab_vac_PercentageOfDefaultedMortgageLoansRepurchase_4CB810DBAAEDBD7352C09A10C500142C_label_en-US" xlink:label="lab_vac_PercentageOfDefaultedMortgageLoansRepurchase_4CB810DBAAEDBD7352C09A10C500142C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage of Defaulted Mortgage Loans Repurchase</link:label>
    <link:label id="lab_vac_PercentageOfDefaultedMortgageLoansRepurchase_4CB810DBAAEDBD7352C09A10C500142C_documentation_en-US" xlink:label="lab_vac_PercentageOfDefaultedMortgageLoansRepurchase_4CB810DBAAEDBD7352C09A10C500142C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The percentage of the initial mortgage balance of securitized mortgage notes receivable that we are limited in repurchasing upon default, based on the Timeshare note securitization transaction documents for each transaction.</link:label>
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    <link:label id="lab_us-gaap_CapitalLeasesLessorBalanceSheetNetInvestmentInDirectFinancingAndSalesTypeLeasesNoncurrent_5F23205E2A2B25410A6B9A10C5005EC7_terseLabel_en-US" xlink:label="lab_us-gaap_CapitalLeasesLessorBalanceSheetNetInvestmentInDirectFinancingAndSalesTypeLeasesNoncurrent_5F23205E2A2B25410A6B9A10C5005EC7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Capital lease asset</link:label>
    <link:label id="lab_us-gaap_CapitalLeasesLessorBalanceSheetNetInvestmentInDirectFinancingAndSalesTypeLeasesNoncurrent_5F23205E2A2B25410A6B9A10C5005EC7_label_en-US" xlink:label="lab_us-gaap_CapitalLeasesLessorBalanceSheetNetInvestmentInDirectFinancingAndSalesTypeLeasesNoncurrent_5F23205E2A2B25410A6B9A10C5005EC7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Capital Leases, Lessor Balance Sheet, Net Investment in Direct Financing and Sales Type Leases, Noncurrent</link:label>
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    <link:label id="lab_us-gaap_CapitalLeaseObligations_D2A761EAE9A57DE8599E9A10C5001F08_terseLabel_en-US" xlink:label="lab_us-gaap_CapitalLeaseObligations_D2A761EAE9A57DE8599E9A10C5001F08" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Capital lease liability</link:label>
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    <link:label id="lab_us-gaap_AccruedLiabilitiesCurrentAndNoncurrent_6E99EF85F2D1149169559A10C5004CED_label_en-US" xlink:label="lab_us-gaap_AccruedLiabilitiesCurrentAndNoncurrent_6E99EF85F2D1149169559A10C5004CED" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accrued Liabilities</link:label>
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    <link:label id="lab_us-gaap_NotesAndLoansReceivableGrossNoncurrent_415F92DDAD84202A2BE79A10C5001F91_terseLabel_en-US" xlink:label="lab_us-gaap_NotesAndLoansReceivableGrossNoncurrent_415F92DDAD84202A2BE79A10C5001F91" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Note receivable</link:label>
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    <link:label id="lab_vac_NumberOfVacationOwnershipUnitsAcquired_2EC8374E24941E3CC6839A10C50011E5_terseLabel_en-US" xlink:label="lab_vac_NumberOfVacationOwnershipUnitsAcquired_2EC8374E24941E3CC6839A10C50011E5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of vacation ownership units acquired</link:label>
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    <link:label id="lab_vac_InventoryTimeshare_86F9F6D7B3AB3E886DA29A10C500C5DE_terseLabel_en-US" xlink:label="lab_vac_InventoryTimeshare_86F9F6D7B3AB3E886DA29A10C500C5DE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Inventory</link:label>
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    <link:label id="lab_us-gaap_OtherAssets_7AB938FF7D07F1A78C759A10C500ACC1_verboseLabel_en-US" xlink:label="lab_us-gaap_OtherAssets_7AB938FF7D07F1A78C759A10C500ACC1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Other assets</link:label>
    <link:label id="lab_us-gaap_OtherAssets_7AB938FF7D07F1A78C759A10C500ACC1_label_en-US" xlink:label="lab_us-gaap_OtherAssets_7AB938FF7D07F1A78C759A10C500ACC1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Assets</link:label>
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    <link:label id="lab_vac_MarriottVacationsWorldwideCorporationMember_332A9D27EF800AA1522975998D46121D_terseLabel_en-US" xlink:label="lab_vac_MarriottVacationsWorldwideCorporationMember_332A9D27EF800AA1522975998D46121D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stock options</link:label>
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    <link:label id="lab_vac_InstrumentsFinancialAssets_69713AB17361C6ED2B3875998E075E26_totalLabel_en-US" xlink:label="lab_vac_InstrumentsFinancialAssets_69713AB17361C6ED2B3875998E075E26" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total financial assets</link:label>
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    <link:label id="lab_us-gaap_ShareBasedCompensation_DBE84A4AD114837142BCA4ED4893FAA1_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensation_DBE84A4AD114837142BCA4ED4893FAA1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation</link:label>
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    <link:label id="lab_us-gaap_GainLossOnSaleOfPropertyPlantEquipment_6D997B60AFDF302C77DFA4ED4893A6D7_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_GainLossOnSaleOfPropertyPlantEquipment_6D997B60AFDF302C77DFA4ED4893A6D7" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Loss (gain) on disposal of property and equipment, net</link:label>
    <link:label id="lab_us-gaap_GainLossOnSaleOfPropertyPlantEquipment_6D997B60AFDF302C77DFA4ED4893A6D7_label_en-US" xlink:label="lab_us-gaap_GainLossOnSaleOfPropertyPlantEquipment_6D997B60AFDF302C77DFA4ED4893A6D7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gain (Loss) on Disposition of Property Plant Equipment</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_GainLossOnSaleOfPropertyPlantEquipment" xlink:label="loc_us-gaap_GainLossOnSaleOfPropertyPlantEquipment_6D997B60AFDF302C77DFA4ED4893A6D7" xlink:type="locator" />
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    <link:label id="lab_vac_NoncashIncomeTaxExpenseBenefit_18718BA95A3403F10976A4ED489326E9_terseLabel_en-US" xlink:label="lab_vac_NoncashIncomeTaxExpenseBenefit_18718BA95A3403F10976A4ED489326E9" 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_18718BA95A3403F10976A4ED489326E9_label_en-US" xlink:label="lab_vac_NoncashIncomeTaxExpenseBenefit_18718BA95A3403F10976A4ED489326E9" 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_18718BA95A3403F10976A4ED489326E9_documentation_en-US" xlink:label="lab_vac_NoncashIncomeTaxExpenseBenefit_18718BA95A3403F10976A4ED489326E9" 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-20170630.xsd#vac_NoncashIncomeTaxExpenseBenefit" xlink:label="loc_vac_NoncashIncomeTaxExpenseBenefit_18718BA95A3403F10976A4ED489326E9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vac_NoncashIncomeTaxExpenseBenefit_18718BA95A3403F10976A4ED489326E9" xlink:to="lab_vac_NoncashIncomeTaxExpenseBenefit_18718BA95A3403F10976A4ED489326E9" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_35A59F27CFEF88573375A4ED4893F700_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_35A59F27CFEF88573375A4ED4893F700" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net change in assets and liabilities:</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_35A59F27CFEF88573375A4ED4893F700_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_35A59F27CFEF88573375A4ED4893F700" 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/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncreaseDecreaseInOperatingCapitalAbstract" xlink:label="loc_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_35A59F27CFEF88573375A4ED4893F700" xlink:type="locator" />
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    <link:label id="lab_us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables_831F60EDB4F1F217CDE6A4ED48939A9B_negatedLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables_831F60EDB4F1F217CDE6A4ED48939A9B" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Accounts and contracts receivable</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables_831F60EDB4F1F217CDE6A4ED48939A9B_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables_831F60EDB4F1F217CDE6A4ED48939A9B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Accounts and Other Receivables</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables" xlink:label="loc_us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables_831F60EDB4F1F217CDE6A4ED48939A9B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables_831F60EDB4F1F217CDE6A4ED48939A9B" xlink:to="lab_us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables_831F60EDB4F1F217CDE6A4ED48939A9B" xlink:type="arc" />
    <link:label id="lab_vac_IncreaseDecreaseInNotesReceivableOriginations_4B5E272B9A774282DE77A4ED48935770_terseLabel_en-US" xlink:label="lab_vac_IncreaseDecreaseInNotesReceivableOriginations_4B5E272B9A774282DE77A4ED48935770" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Notes receivable originations</link:label>
    <link:label id="lab_vac_IncreaseDecreaseInNotesReceivableOriginations_4B5E272B9A774282DE77A4ED48935770_label_en-US" xlink:label="lab_vac_IncreaseDecreaseInNotesReceivableOriginations_4B5E272B9A774282DE77A4ED48935770" 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_4B5E272B9A774282DE77A4ED48935770_documentation_en-US" xlink:label="lab_vac_IncreaseDecreaseInNotesReceivableOriginations_4B5E272B9A774282DE77A4ED48935770" 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>
    <link:loc xlink:href="vac-20170630.xsd#vac_IncreaseDecreaseInNotesReceivableOriginations" xlink:label="loc_vac_IncreaseDecreaseInNotesReceivableOriginations_4B5E272B9A774282DE77A4ED48935770" xlink:type="locator" />
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    <link:label id="lab_vac_IncreaseDecreaseInNotesReceivableCollections_C0DD81587CE509CE7302A4ED4893FFCF_negatedLabel_en-US" xlink:label="lab_vac_IncreaseDecreaseInNotesReceivableCollections_C0DD81587CE509CE7302A4ED4893FFCF" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Notes receivable collections</link:label>
    <link:label id="lab_vac_IncreaseDecreaseInNotesReceivableCollections_C0DD81587CE509CE7302A4ED4893FFCF_label_en-US" xlink:label="lab_vac_IncreaseDecreaseInNotesReceivableCollections_C0DD81587CE509CE7302A4ED4893FFCF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Notes Receivable Collections</link:label>
    <link:label id="lab_vac_IncreaseDecreaseInNotesReceivableCollections_C0DD81587CE509CE7302A4ED4893FFCF_documentation_en-US" xlink:label="lab_vac_IncreaseDecreaseInNotesReceivableCollections_C0DD81587CE509CE7302A4ED4893FFCF" 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>
    <link:loc xlink:href="vac-20170630.xsd#vac_IncreaseDecreaseInNotesReceivableCollections" xlink:label="loc_vac_IncreaseDecreaseInNotesReceivableCollections_C0DD81587CE509CE7302A4ED4893FFCF" xlink:type="locator" />
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    <link:label id="lab_us-gaap_IncreaseDecreaseInInventories_29B8CEAE7D7C8295FDD5A4ED4893AE9F_negatedLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInInventories_29B8CEAE7D7C8295FDD5A4ED4893AE9F" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Inventory</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInInventories_29B8CEAE7D7C8295FDD5A4ED4893AE9F_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInInventories_29B8CEAE7D7C8295FDD5A4ED4893AE9F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Inventories</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncreaseDecreaseInInventories" xlink:label="loc_us-gaap_IncreaseDecreaseInInventories_29B8CEAE7D7C8295FDD5A4ED4893AE9F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInInventories_29B8CEAE7D7C8295FDD5A4ED4893AE9F" xlink:to="lab_us-gaap_IncreaseDecreaseInInventories_29B8CEAE7D7C8295FDD5A4ED4893AE9F" xlink:type="arc" />
    <link:label id="lab_vac_PurchaseOfVacationOwnershipUnitsForFutureTransferToInventory_D9F28FB98FD07B1810C4A4ED4893C6EB_negatedTerseLabel_en-US" xlink:label="lab_vac_PurchaseOfVacationOwnershipUnitsForFutureTransferToInventory_D9F28FB98FD07B1810C4A4ED4893C6EB" 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>
    <link:label id="lab_vac_PurchaseOfVacationOwnershipUnitsForFutureTransferToInventory_D9F28FB98FD07B1810C4A4ED4893C6EB_label_en-US" xlink:label="lab_vac_PurchaseOfVacationOwnershipUnitsForFutureTransferToInventory_D9F28FB98FD07B1810C4A4ED4893C6EB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Purchase Of Vacation Ownership Units For Future Transfer To Inventory</link:label>
    <link:label id="lab_vac_PurchaseOfVacationOwnershipUnitsForFutureTransferToInventory_D9F28FB98FD07B1810C4A4ED4893C6EB_documentation_en-US" xlink:label="lab_vac_PurchaseOfVacationOwnershipUnitsForFutureTransferToInventory_D9F28FB98FD07B1810C4A4ED4893C6EB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Purchase Of Vacation Ownership Units For Future Transfer To Inventory</link:label>
    <link:loc xlink:href="vac-20170630.xsd#vac_PurchaseOfVacationOwnershipUnitsForFutureTransferToInventory" xlink:label="loc_vac_PurchaseOfVacationOwnershipUnitsForFutureTransferToInventory_D9F28FB98FD07B1810C4A4ED4893C6EB" xlink:type="locator" />
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    <link:label id="lab_us-gaap_IncreaseDecreaseInOtherOperatingAssets_931F4AA140EBF5B9CC90A4ED48939076_negatedLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOtherOperatingAssets_931F4AA140EBF5B9CC90A4ED48939076" 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_931F4AA140EBF5B9CC90A4ED48939076_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOtherOperatingAssets_931F4AA140EBF5B9CC90A4ED48939076" 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/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncreaseDecreaseInOtherOperatingAssets" xlink:label="loc_us-gaap_IncreaseDecreaseInOtherOperatingAssets_931F4AA140EBF5B9CC90A4ED48939076" xlink:type="locator" />
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    <link:label id="lab_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_AFED8950F6107C8F865CA4ED48934C4B_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_AFED8950F6107C8F865CA4ED48934C4B" 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>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities" xlink:label="loc_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_AFED8950F6107C8F865CA4ED48934C4B" xlink:type="locator" />
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    <link:label id="lab_us-gaap_IncreaseDecreaseInDeferredRevenue_4759866C92486FFA22A4A4ED48930B16_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInDeferredRevenue_4759866C92486FFA22A4A4ED48930B16" 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/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncreaseDecreaseInDeferredRevenue" xlink:label="loc_us-gaap_IncreaseDecreaseInDeferredRevenue_4759866C92486FFA22A4A4ED48930B16" xlink:type="locator" />
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities" xlink:label="loc_us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities_3BA453186A3ACC88BFBFA4ED4893B525" xlink:type="locator" />
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    <link:label id="lab_vac_RitzCarltonClubAspenHighlandsMember_D07B7473DA99DF0552919E0E432E0AF8_documentation_en-US" xlink:label="lab_vac_RitzCarltonClubAspenHighlandsMember_D07B7473DA99DF0552919E0E432E0AF8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Ritz Carlton Club, Aspen Highlands [Member]</link:label>
    <link:loc xlink:href="vac-20170630.xsd#vac_RitzCarltonClubAspenHighlandsMember" xlink:label="loc_vac_RitzCarltonClubAspenHighlandsMember_D07B7473DA99DF0552919E0E432E0AF8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vac_RitzCarltonClubAspenHighlandsMember_D07B7473DA99DF0552919E0E432E0AF8" xlink:to="lab_vac_RitzCarltonClubAspenHighlandsMember_D07B7473DA99DF0552919E0E432E0AF8" xlink:type="arc" />
    <link:label id="lab_vac_BaliIndonesiaResortOneMember_268D4DAA6264919B1A159E0E432E8F0A_terseLabel_en-US" xlink:label="lab_vac_BaliIndonesiaResortOneMember_268D4DAA6264919B1A159E0E432E8F0A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Bali, Indonesia - Resort 1</link:label>
    <link:label id="lab_vac_BaliIndonesiaResortOneMember_268D4DAA6264919B1A159E0E432E8F0A_label_en-US" xlink:label="lab_vac_BaliIndonesiaResortOneMember_268D4DAA6264919B1A159E0E432E8F0A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Bali, Indonesia Resort One [Member]</link:label>
    <link:label id="lab_vac_BaliIndonesiaResortOneMember_268D4DAA6264919B1A159E0E432E8F0A_documentation_en-US" xlink:label="lab_vac_BaliIndonesiaResortOneMember_268D4DAA6264919B1A159E0E432E8F0A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Bali, Indonesia Resort One [Member]</link:label>
    <link:loc xlink:href="vac-20170630.xsd#vac_BaliIndonesiaResortOneMember" xlink:label="loc_vac_BaliIndonesiaResortOneMember_268D4DAA6264919B1A159E0E432E8F0A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vac_BaliIndonesiaResortOneMember_268D4DAA6264919B1A159E0E432E8F0A" xlink:to="lab_vac_BaliIndonesiaResortOneMember_268D4DAA6264919B1A159E0E432E8F0A" xlink:type="arc" />
    <link:label id="lab_vac_BaliIndonesiaResortTwoMember_A11FF8ECE77D0D3968599E0E432E0FB2_terseLabel_en-US" xlink:label="lab_vac_BaliIndonesiaResortTwoMember_A11FF8ECE77D0D3968599E0E432E0FB2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Bali, Indonesia - Resort 2</link:label>
    <link:label id="lab_vac_BaliIndonesiaResortTwoMember_A11FF8ECE77D0D3968599E0E432E0FB2_label_en-US" xlink:label="lab_vac_BaliIndonesiaResortTwoMember_A11FF8ECE77D0D3968599E0E432E0FB2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Bali, Indonesia Resort Two [Member]</link:label>
    <link:label id="lab_vac_BaliIndonesiaResortTwoMember_A11FF8ECE77D0D3968599E0E432E0FB2_documentation_en-US" xlink:label="lab_vac_BaliIndonesiaResortTwoMember_A11FF8ECE77D0D3968599E0E432E0FB2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Bali, Indonesia Resort Two [Member]</link:label>
    <link:loc xlink:href="vac-20170630.xsd#vac_BaliIndonesiaResortTwoMember" xlink:label="loc_vac_BaliIndonesiaResortTwoMember_A11FF8ECE77D0D3968599E0E432E0FB2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vac_BaliIndonesiaResortTwoMember_A11FF8ECE77D0D3968599E0E432E0FB2" xlink:to="lab_vac_BaliIndonesiaResortTwoMember_A11FF8ECE77D0D3968599E0E432E0FB2" xlink:type="arc" />
    <link:label id="lab_vac_CommitmentsAndContingenciesDisclosureLineItems_065EC97BA7DD3990E4D59E0E432EE9D9_terseLabel_en-US" xlink:label="lab_vac_CommitmentsAndContingenciesDisclosureLineItems_065EC97BA7DD3990E4D59E0E432EE9D9" 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_065EC97BA7DD3990E4D59E0E432EE9D9_label_en-US" xlink:label="lab_vac_CommitmentsAndContingenciesDisclosureLineItems_065EC97BA7DD3990E4D59E0E432EE9D9" 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_065EC97BA7DD3990E4D59E0E432EE9D9_documentation_en-US" xlink:label="lab_vac_CommitmentsAndContingenciesDisclosureLineItems_065EC97BA7DD3990E4D59E0E432EE9D9" 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-20170630.xsd#vac_CommitmentsAndContingenciesDisclosureLineItems" xlink:label="loc_vac_CommitmentsAndContingenciesDisclosureLineItems_065EC97BA7DD3990E4D59E0E432EE9D9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vac_CommitmentsAndContingenciesDisclosureLineItems_065EC97BA7DD3990E4D59E0E432EE9D9" xlink:to="lab_vac_CommitmentsAndContingenciesDisclosureLineItems_065EC97BA7DD3990E4D59E0E432EE9D9" xlink:type="arc" />
    <link:label id="lab_us-gaap_PurchaseObligation_9AFEECC214C356932E2C9E0E432EA55A_totalLabel_en-US" xlink:label="lab_us-gaap_PurchaseObligation_9AFEECC214C356932E2C9E0E432EA55A" 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_9AFEECC214C356932E2C9E0E432EA55A_label_en-US" xlink:label="lab_us-gaap_PurchaseObligation_9AFEECC214C356932E2C9E0E432EA55A" 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/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PurchaseObligation" xlink:label="loc_us-gaap_PurchaseObligation_9AFEECC214C356932E2C9E0E432EA55A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PurchaseObligation_9AFEECC214C356932E2C9E0E432EA55A" xlink:to="lab_us-gaap_PurchaseObligation_9AFEECC214C356932E2C9E0E432EA55A" xlink:type="arc" />
    <link:label id="lab_us-gaap_PurchaseObligationFutureMinimumPaymentsRemainderOfFiscalYear_3108E38765047B71B6319E0E432EE1EC_terseLabel_en-US" xlink:label="lab_us-gaap_PurchaseObligationFutureMinimumPaymentsRemainderOfFiscalYear_3108E38765047B71B6319E0E432EE1EC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Purchase commitment obligation due, 2017</link:label>
    <link:label id="lab_us-gaap_PurchaseObligationFutureMinimumPaymentsRemainderOfFiscalYear_3108E38765047B71B6319E0E432EE1EC_label_en-US" xlink:label="lab_us-gaap_PurchaseObligationFutureMinimumPaymentsRemainderOfFiscalYear_3108E38765047B71B6319E0E432EE1EC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Purchase Obligation, Future Minimum Payments, Remainder of Fiscal Year</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PurchaseObligationFutureMinimumPaymentsRemainderOfFiscalYear" xlink:label="loc_us-gaap_PurchaseObligationFutureMinimumPaymentsRemainderOfFiscalYear_3108E38765047B71B6319E0E432EE1EC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PurchaseObligationFutureMinimumPaymentsRemainderOfFiscalYear_3108E38765047B71B6319E0E432EE1EC" xlink:to="lab_us-gaap_PurchaseObligationFutureMinimumPaymentsRemainderOfFiscalYear_3108E38765047B71B6319E0E432EE1EC" xlink:type="arc" />
    <link:label id="lab_us-gaap_PurchaseObligationDueInSecondYear_424A93F82834CEC948649E0E432EB277_terseLabel_en-US" xlink:label="lab_us-gaap_PurchaseObligationDueInSecondYear_424A93F82834CEC948649E0E432EB277" 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_PurchaseObligationDueInSecondYear_424A93F82834CEC948649E0E432EB277_label_en-US" xlink:label="lab_us-gaap_PurchaseObligationDueInSecondYear_424A93F82834CEC948649E0E432EB277" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Purchase Obligation, Due in Second Year</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PurchaseObligationDueInSecondYear" xlink:label="loc_us-gaap_PurchaseObligationDueInSecondYear_424A93F82834CEC948649E0E432EB277" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PurchaseObligationDueInSecondYear_424A93F82834CEC948649E0E432EB277" xlink:to="lab_us-gaap_PurchaseObligationDueInSecondYear_424A93F82834CEC948649E0E432EB277" xlink:type="arc" />
    <link:label id="lab_us-gaap_PurchaseObligationDueInThirdYear_053EA1EF444A7AB1F36D9E0E432F317B_terseLabel_en-US" xlink:label="lab_us-gaap_PurchaseObligationDueInThirdYear_053EA1EF444A7AB1F36D9E0E432F317B" 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_PurchaseObligationDueInThirdYear_053EA1EF444A7AB1F36D9E0E432F317B_label_en-US" xlink:label="lab_us-gaap_PurchaseObligationDueInThirdYear_053EA1EF444A7AB1F36D9E0E432F317B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Purchase Obligation, Due in Third Year</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PurchaseObligationDueInThirdYear" xlink:label="loc_us-gaap_PurchaseObligationDueInThirdYear_053EA1EF444A7AB1F36D9E0E432F317B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PurchaseObligationDueInThirdYear_053EA1EF444A7AB1F36D9E0E432F317B" xlink:to="lab_us-gaap_PurchaseObligationDueInThirdYear_053EA1EF444A7AB1F36D9E0E432F317B" xlink:type="arc" />
    <link:label id="lab_us-gaap_PurchaseObligationDueInFourthYear_EC67FE4697D883A3551F9E0E432F5DCC_terseLabel_en-US" xlink:label="lab_us-gaap_PurchaseObligationDueInFourthYear_EC67FE4697D883A3551F9E0E432F5DCC" 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_PurchaseObligationDueInFourthYear_EC67FE4697D883A3551F9E0E432F5DCC_label_en-US" xlink:label="lab_us-gaap_PurchaseObligationDueInFourthYear_EC67FE4697D883A3551F9E0E432F5DCC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Purchase Obligation, Due in Fourth Year</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PurchaseObligationDueInFourthYear" xlink:label="loc_us-gaap_PurchaseObligationDueInFourthYear_EC67FE4697D883A3551F9E0E432F5DCC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PurchaseObligationDueInFourthYear_EC67FE4697D883A3551F9E0E432F5DCC" xlink:to="lab_us-gaap_PurchaseObligationDueInFourthYear_EC67FE4697D883A3551F9E0E432F5DCC" xlink:type="arc" />
    <link:label id="lab_us-gaap_PurchaseObligationDueInFifthYear_6F72600E93935490B2169E0E432FEEB8_terseLabel_en-US" xlink:label="lab_us-gaap_PurchaseObligationDueInFifthYear_6F72600E93935490B2169E0E432FEEB8" 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_PurchaseObligationDueInFifthYear_6F72600E93935490B2169E0E432FEEB8_label_en-US" xlink:label="lab_us-gaap_PurchaseObligationDueInFifthYear_6F72600E93935490B2169E0E432FEEB8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Purchase Obligation, Due in Fifth Year</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PurchaseObligationDueInFifthYear" xlink:label="loc_us-gaap_PurchaseObligationDueInFifthYear_6F72600E93935490B2169E0E432FEEB8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PurchaseObligationDueInFifthYear_6F72600E93935490B2169E0E432FEEB8" xlink:to="lab_us-gaap_PurchaseObligationDueInFifthYear_6F72600E93935490B2169E0E432FEEB8" xlink:type="arc" />
    <link:label id="lab_us-gaap_PurchaseObligationDueAfterFifthYear_F6BB9BB12EFCC43D745A9E0E432F9129_terseLabel_en-US" xlink:label="lab_us-gaap_PurchaseObligationDueAfterFifthYear_F6BB9BB12EFCC43D745A9E0E432F9129" 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_F6BB9BB12EFCC43D745A9E0E432F9129_label_en-US" xlink:label="lab_us-gaap_PurchaseObligationDueAfterFifthYear_F6BB9BB12EFCC43D745A9E0E432F9129" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Purchase Obligation, Due after Fifth Year</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PurchaseObligationDueAfterFifthYear" xlink:label="loc_us-gaap_PurchaseObligationDueAfterFifthYear_F6BB9BB12EFCC43D745A9E0E432F9129" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PurchaseObligationDueAfterFifthYear_F6BB9BB12EFCC43D745A9E0E432F9129" xlink:to="lab_us-gaap_PurchaseObligationDueAfterFifthYear_F6BB9BB12EFCC43D745A9E0E432F9129" xlink:type="arc" />
    <link:label id="lab_us-gaap_CapitalLeasesFutureMinimumPaymentsDue_A563094CA56E92C5B30C9E0E432F57DA_terseLabel_en-US" xlink:label="lab_us-gaap_CapitalLeasesFutureMinimumPaymentsDue_A563094CA56E92C5B30C9E0E432F57DA" 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_A563094CA56E92C5B30C9E0E432F57DA_label_en-US" xlink:label="lab_us-gaap_CapitalLeasesFutureMinimumPaymentsDue_A563094CA56E92C5B30C9E0E432F57DA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Capital Leases, Future Minimum Payments Due</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CapitalLeasesFutureMinimumPaymentsDue" xlink:label="loc_us-gaap_CapitalLeasesFutureMinimumPaymentsDue_A563094CA56E92C5B30C9E0E432F57DA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CapitalLeasesFutureMinimumPaymentsDue_A563094CA56E92C5B30C9E0E432F57DA" xlink:to="lab_us-gaap_CapitalLeasesFutureMinimumPaymentsDue_A563094CA56E92C5B30C9E0E432F57DA" xlink:type="arc" />
    <link:label id="lab_vac_CommitmentstoPurchaseVacationOwnershipUnitsNumberofResorts_C4C09F429A236F1CFDF69E0E432FAFD6_terseLabel_en-US" xlink:label="lab_vac_CommitmentstoPurchaseVacationOwnershipUnitsNumberofResorts_C4C09F429A236F1CFDF69E0E432FAFD6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Commitments to purchase vacation ownership units, number of resorts</link:label>
    <link:label id="lab_vac_CommitmentstoPurchaseVacationOwnershipUnitsNumberofResorts_C4C09F429A236F1CFDF69E0E432FAFD6_label_en-US" xlink:label="lab_vac_CommitmentstoPurchaseVacationOwnershipUnitsNumberofResorts_C4C09F429A236F1CFDF69E0E432FAFD6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Commitments to Purchase Vacation Ownership Units, Number of Resorts</link:label>
    <link:label id="lab_vac_CommitmentstoPurchaseVacationOwnershipUnitsNumberofResorts_C4C09F429A236F1CFDF69E0E432FAFD6_documentation_en-US" xlink:label="lab_vac_CommitmentstoPurchaseVacationOwnershipUnitsNumberofResorts_C4C09F429A236F1CFDF69E0E432FAFD6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Commitments to Purchase Vacation Ownership Units, Number of Resorts</link:label>
    <link:loc xlink:href="vac-20170630.xsd#vac_CommitmentstoPurchaseVacationOwnershipUnitsNumberofResorts" xlink:label="loc_vac_CommitmentstoPurchaseVacationOwnershipUnitsNumberofResorts_C4C09F429A236F1CFDF69E0E432FAFD6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vac_CommitmentstoPurchaseVacationOwnershipUnitsNumberofResorts_C4C09F429A236F1CFDF69E0E432FAFD6" xlink:to="lab_vac_CommitmentstoPurchaseVacationOwnershipUnitsNumberofResorts_C4C09F429A236F1CFDF69E0E432FAFD6" xlink:type="arc" />
    <link:label id="lab_vac_NumberofTransactions_39F0216D8CEEF851B0A39E0E432F7990_terseLabel_en-US" xlink:label="lab_vac_NumberofTransactions_39F0216D8CEEF851B0A39E0E432F7990" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of transactions</link:label>
    <link:label id="lab_vac_NumberofTransactions_39F0216D8CEEF851B0A39E0E432F7990_label_en-US" xlink:label="lab_vac_NumberofTransactions_39F0216D8CEEF851B0A39E0E432F7990" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of Transactions</link:label>
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    <link:loc xlink:href="vac-20170630.xsd#vac_NumberofTransactions" xlink:label="loc_vac_NumberofTransactions_39F0216D8CEEF851B0A39E0E432F7990" xlink:type="locator" />
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    <link:label id="lab_vac_PercentageOfAssetsLiabilitiesRevenuesExpensesAndCashFlowsConsolidatedAndDiscussed_CC624D312CA6F5281F6875998F41DF92_terseLabel_en-US" xlink:label="lab_vac_PercentageOfAssetsLiabilitiesRevenuesExpensesAndCashFlowsConsolidatedAndDiscussed_CC624D312CA6F5281F6875998F41DF92" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percent of the assets, liabilities, revenues, expenses and cash flows discussed</link:label>
    <link:label id="lab_vac_PercentageOfAssetsLiabilitiesRevenuesExpensesAndCashFlowsConsolidatedAndDiscussed_CC624D312CA6F5281F6875998F41DF92_label_en-US" xlink:label="lab_vac_PercentageOfAssetsLiabilitiesRevenuesExpensesAndCashFlowsConsolidatedAndDiscussed_CC624D312CA6F5281F6875998F41DF92" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage of Assets, Liabilities, Revenues, Expenses and Cash Flows Consolidated and Discussed</link:label>
    <link:label id="lab_vac_PercentageOfAssetsLiabilitiesRevenuesExpensesAndCashFlowsConsolidatedAndDiscussed_CC624D312CA6F5281F6875998F41DF92_documentation_en-US" xlink:label="lab_vac_PercentageOfAssetsLiabilitiesRevenuesExpensesAndCashFlowsConsolidatedAndDiscussed_CC624D312CA6F5281F6875998F41DF92" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percentage of Assets, Liabilities, Revenues, Expenses and Cash Flows Consolidated and Discussed</link:label>
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    <link:label id="lab_vac_FiscalPeriodDurationAdditionalDaysInReportingPeriod_70023BA2B5415A5EF6E875998F432BEF_label_en-US" xlink:label="lab_vac_FiscalPeriodDurationAdditionalDaysInReportingPeriod_70023BA2B5415A5EF6E875998F432BEF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fiscal Period Duration, Additional Days In Reporting Period</link:label>
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    <link:label id="lab_vac_FiscalPeriodDurationReductionOfDaysInReportingPeriod_95D1227BBC3953BF8E0175998F44C382_label_en-US" xlink:label="lab_vac_FiscalPeriodDurationReductionOfDaysInReportingPeriod_95D1227BBC3953BF8E0175998F44C382" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fiscal Period Duration, Reduction Of Days In Reporting Period</link:label>
    <link:label id="lab_vac_FiscalPeriodDurationReductionOfDaysInReportingPeriod_95D1227BBC3953BF8E0175998F44C382_documentation_en-US" xlink:label="lab_vac_FiscalPeriodDurationReductionOfDaysInReportingPeriod_95D1227BBC3953BF8E0175998F44C382" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fiscal Period Duration, Reduction Of Days In Reporting Period</link:label>
    <link:loc xlink:href="vac-20170630.xsd#vac_FiscalPeriodDurationReductionOfDaysInReportingPeriod" xlink:label="loc_vac_FiscalPeriodDurationReductionOfDaysInReportingPeriod_95D1227BBC3953BF8E0175998F44C382" xlink:type="locator" />
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    <link:label id="lab_vac_AnnualRateOfReturnEdc_4D0A04E511D191E6D5B575998F4473E8_terseLabel_en-US" xlink:label="lab_vac_AnnualRateOfReturnEdc_4D0A04E511D191E6D5B575998F4473E8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Annual rate of return EDC</link:label>
    <link:label id="lab_vac_AnnualRateOfReturnEdc_4D0A04E511D191E6D5B575998F4473E8_label_en-US" xlink:label="lab_vac_AnnualRateOfReturnEdc_4D0A04E511D191E6D5B575998F4473E8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Annual Rate of Return EDC</link:label>
    <link:label id="lab_vac_AnnualRateOfReturnEdc_4D0A04E511D191E6D5B575998F4473E8_documentation_en-US" xlink:label="lab_vac_AnnualRateOfReturnEdc_4D0A04E511D191E6D5B575998F4473E8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Annual rate of return on executive deferred compensation plan.</link:label>
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    <link:label id="lab_us-gaap_CashSurrenderValueOfLifeInsurance_611816967CF969F93C8175998F448247_terseLabel_en-US" xlink:label="lab_us-gaap_CashSurrenderValueOfLifeInsurance_611816967CF969F93C8175998F448247" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other assets</link:label>
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    <link:label id="lab_us-gaap_IncomeTaxExpenseBenefit_B4BEB57AE5304C423D5375998F44BC87_label_en-US" xlink:label="lab_us-gaap_IncomeTaxExpenseBenefit_B4BEB57AE5304C423D5375998F44BC87" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Tax Expense (Benefit)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_IncomeTaxExpenseBenefit_B4BEB57AE5304C423D5375998F44BC87" xlink:type="locator" />
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    <link:label id="lab_us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption_4CB5A7000B8F829D05BB75998F441AF2_negatedLabel_en-US" xlink:label="lab_us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption_4CB5A7000B8F829D05BB75998F441AF2" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Impact of adoption of ASU 2016-09</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption" xlink:label="loc_us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption_4CB5A7000B8F829D05BB75998F441AF2" xlink:type="locator" />
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    <link:label id="lab_us-gaap_Assets_B5F7CAC4068449627CB775998D275F47_terseLabel_en-US" xlink:label="lab_us-gaap_Assets_B5F7CAC4068449627CB775998D275F47" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total Assets</link:label>
    <link:label id="lab_us-gaap_Assets_B5F7CAC4068449627CB775998D275F47_label_en-US" xlink:label="lab_us-gaap_Assets_B5F7CAC4068449627CB775998D275F47" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets</link:label>
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    <link:label id="lab_vac_FinancingReceivableRecordedInvestmentThirtyOneToNinetyDaysPastDue_605B3DA2D0643F30D06A75998E36D30B_terseLabel_en-US" xlink:label="lab_vac_FinancingReceivableRecordedInvestmentThirtyOneToNinetyDaysPastDue_605B3DA2D0643F30D06A75998E36D30B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">31 &#8211; 90 days past due</link:label>
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    <link:label id="lab_vac_FinancingReceivableRecordedInvestmentNinetyOneToOneHundredFiftyDaysPastDue_C80880E5EFD78BFF262C75998E36EE4B_terseLabel_en-US" xlink:label="lab_vac_FinancingReceivableRecordedInvestmentNinetyOneToOneHundredFiftyDaysPastDue_C80880E5EFD78BFF262C75998E36EE4B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">91 &#8211; 150 days past due</link:label>
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    <link:label id="lab_vac_FinancingReceivableRecordedInvestmentNinetyOneToOneHundredFiftyDaysPastDue_C80880E5EFD78BFF262C75998E36EE4B_documentation_en-US" xlink:label="lab_vac_FinancingReceivableRecordedInvestmentNinetyOneToOneHundredFiftyDaysPastDue_C80880E5EFD78BFF262C75998E36EE4B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financing Receivable, Recorded Investment, 91 to 150 Days Past Due</link:label>
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    <link:label id="lab_vac_FinancingReceivableRecordedInvestmentGreaterThanOneHundredFiftyDaysPastDue_9E80B043F1E37816349875998E3643A8_terseLabel_en-US" xlink:label="lab_vac_FinancingReceivableRecordedInvestmentGreaterThanOneHundredFiftyDaysPastDue_9E80B043F1E37816349875998E3643A8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Greater than 150 days past due</link:label>
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    <link:label id="lab_vac_FinancingReceivableRecordedInvestmentGreaterThanOneHundredFiftyDaysPastDue_9E80B043F1E37816349875998E3643A8_documentation_en-US" xlink:label="lab_vac_FinancingReceivableRecordedInvestmentGreaterThanOneHundredFiftyDaysPastDue_9E80B043F1E37816349875998E3643A8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financing Receivable, Recorded Investment, Greater Than 150 Days Past Due</link:label>
    <link:loc xlink:href="vac-20170630.xsd#vac_FinancingReceivableRecordedInvestmentGreaterThanOneHundredFiftyDaysPastDue" xlink:label="loc_vac_FinancingReceivableRecordedInvestmentGreaterThanOneHundredFiftyDaysPastDue_9E80B043F1E37816349875998E3643A8" xlink:type="locator" />
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    <link:label id="lab_us-gaap_FinancingReceivableRecordedInvestmentPastDue_246F38E00C99D742ECB075998E368606_totalLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableRecordedInvestmentPastDue_246F38E00C99D742ECB075998E368606" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total past due</link:label>
    <link:label id="lab_us-gaap_FinancingReceivableRecordedInvestmentPastDue_246F38E00C99D742ECB075998E368606_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableRecordedInvestmentPastDue_246F38E00C99D742ECB075998E368606" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financing Receivable, Recorded Investment, Past Due</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FinancingReceivableRecordedInvestmentPastDue" xlink:label="loc_us-gaap_FinancingReceivableRecordedInvestmentPastDue_246F38E00C99D742ECB075998E368606" xlink:type="locator" />
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    <link:label id="lab_us-gaap_FinancingReceivableRecordedInvestmentCurrent_A9B030CEADDF04FD3B2875998E3636E2_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableRecordedInvestmentCurrent_A9B030CEADDF04FD3B2875998E3636E2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current</link:label>
    <link:label id="lab_us-gaap_FinancingReceivableRecordedInvestmentCurrent_A9B030CEADDF04FD3B2875998E3636E2_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableRecordedInvestmentCurrent_A9B030CEADDF04FD3B2875998E3636E2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financing Receivable, Recorded Investment, Current</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FinancingReceivableRecordedInvestmentCurrent" xlink:label="loc_us-gaap_FinancingReceivableRecordedInvestmentCurrent_A9B030CEADDF04FD3B2875998E3636E2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancingReceivableRecordedInvestmentCurrent_A9B030CEADDF04FD3B2875998E3636E2" xlink:to="lab_us-gaap_FinancingReceivableRecordedInvestmentCurrent_A9B030CEADDF04FD3B2875998E3636E2" xlink:type="arc" />
    <link:label id="lab_vac_FinancingReceivableRecordedInvestmentBeforeReserves_128DBF08077F3AE7C3C975998E365AF0_totalLabel_en-US" xlink:label="lab_vac_FinancingReceivableRecordedInvestmentBeforeReserves_128DBF08077F3AE7C3C975998E365AF0" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total vacation ownership notes receivable</link:label>
    <link:label id="lab_vac_FinancingReceivableRecordedInvestmentBeforeReserves_128DBF08077F3AE7C3C975998E365AF0_label_en-US" xlink:label="lab_vac_FinancingReceivableRecordedInvestmentBeforeReserves_128DBF08077F3AE7C3C975998E365AF0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financing Receivable, Recorded Investment, Before Reserves</link:label>
    <link:label id="lab_vac_FinancingReceivableRecordedInvestmentBeforeReserves_128DBF08077F3AE7C3C975998E365AF0_documentation_en-US" xlink:label="lab_vac_FinancingReceivableRecordedInvestmentBeforeReserves_128DBF08077F3AE7C3C975998E365AF0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financing Receivable, Recorded Investment, Before Reserves</link:label>
    <link:loc xlink:href="vac-20170630.xsd#vac_FinancingReceivableRecordedInvestmentBeforeReserves" xlink:label="loc_vac_FinancingReceivableRecordedInvestmentBeforeReserves_128DBF08077F3AE7C3C975998E365AF0" xlink:type="locator" />
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    <link:label id="lab_us-gaap_StatementOfFinancialPositionAbstract_1B0049412F01B85DDFCA75998FACE038_label_en-US" xlink:label="lab_us-gaap_StatementOfFinancialPositionAbstract_1B0049412F01B85DDFCA75998FACE038" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of Financial Position [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementOfFinancialPositionAbstract" xlink:label="loc_us-gaap_StatementOfFinancialPositionAbstract_1B0049412F01B85DDFCA75998FACE038" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementOfFinancialPositionAbstract_1B0049412F01B85DDFCA75998FACE038" xlink:to="lab_us-gaap_StatementOfFinancialPositionAbstract_1B0049412F01B85DDFCA75998FACE038" xlink:type="arc" />
    <link:label id="lab_us-gaap_AssetsAbstract_D0C4D1DC2D2BECC7458375998FAC4A98_terseLabel_en-US" xlink:label="lab_us-gaap_AssetsAbstract_D0C4D1DC2D2BECC7458375998FAC4A98" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">ASSETS</link:label>
    <link:label id="lab_us-gaap_AssetsAbstract_D0C4D1DC2D2BECC7458375998FAC4A98_label_en-US" xlink:label="lab_us-gaap_AssetsAbstract_D0C4D1DC2D2BECC7458375998FAC4A98" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="loc_us-gaap_AssetsAbstract_D0C4D1DC2D2BECC7458375998FAC4A98" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AssetsAbstract_D0C4D1DC2D2BECC7458375998FAC4A98" xlink:to="lab_us-gaap_AssetsAbstract_D0C4D1DC2D2BECC7458375998FAC4A98" xlink:type="arc" />
    <link:label id="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_215FF90D257B2A22ACD575998FAC1644_terseLabel_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_215FF90D257B2A22ACD575998FAC1644" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash and cash equivalents</link:label>
    <link:label id="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_215FF90D257B2A22ACD575998FAC1644_label_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_215FF90D257B2A22ACD575998FAC1644" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash and Cash Equivalents, at Carrying Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_215FF90D257B2A22ACD575998FAC1644" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_215FF90D257B2A22ACD575998FAC1644" xlink:to="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_215FF90D257B2A22ACD575998FAC1644" xlink:type="arc" />
    <link:label id="lab_us-gaap_RestrictedCashAndCashEquivalents_36819A62C63C2393610375998FAC1473_verboseLabel_en-US" xlink:label="lab_us-gaap_RestrictedCashAndCashEquivalents_36819A62C63C2393610375998FAC1473" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Restricted cash (including $31,005 and $27,525 from VIEs, respectively)</link:label>
    <link:label id="lab_us-gaap_RestrictedCashAndCashEquivalents_36819A62C63C2393610375998FAC1473_label_en-US" xlink:label="lab_us-gaap_RestrictedCashAndCashEquivalents_36819A62C63C2393610375998FAC1473" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Restricted Cash and Cash Equivalents</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RestrictedCashAndCashEquivalents" xlink:label="loc_us-gaap_RestrictedCashAndCashEquivalents_36819A62C63C2393610375998FAC1473" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RestrictedCashAndCashEquivalents_36819A62C63C2393610375998FAC1473" xlink:to="lab_us-gaap_RestrictedCashAndCashEquivalents_36819A62C63C2393610375998FAC1473" xlink:type="arc" />
    <link:label id="lab_vac_AccountsAndContractsReceivableNet_10DD5612D9B649A080B075998FACE640_verboseLabel_en-US" xlink:label="lab_vac_AccountsAndContractsReceivableNet_10DD5612D9B649A080B075998FACE640" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Accounts and contracts receivable, net (including $4,311 and $4,865 from VIEs, respectively)</link:label>
    <link:label id="lab_vac_AccountsAndContractsReceivableNet_10DD5612D9B649A080B075998FACE640_label_en-US" xlink:label="lab_vac_AccountsAndContractsReceivableNet_10DD5612D9B649A080B075998FACE640" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accounts And Contracts Receivable Net</link:label>
    <link:label id="lab_vac_AccountsAndContractsReceivableNet_10DD5612D9B649A080B075998FACE640_documentation_en-US" xlink:label="lab_vac_AccountsAndContractsReceivableNet_10DD5612D9B649A080B075998FACE640" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amounts due from customers for goods, services, and vacation ownership contracts that have been delivered or sold in the normal course of business. Amounts are net of related allowances established for estimated uncollectible amounts.</link:label>
    <link:loc xlink:href="vac-20170630.xsd#vac_AccountsAndContractsReceivableNet" xlink:label="loc_vac_AccountsAndContractsReceivableNet_10DD5612D9B649A080B075998FACE640" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vac_AccountsAndContractsReceivableNet_10DD5612D9B649A080B075998FACE640" xlink:to="lab_vac_AccountsAndContractsReceivableNet_10DD5612D9B649A080B075998FACE640" xlink:type="arc" />
    <link:label id="lab_us-gaap_NotesReceivableNet_D75028A2ABD6636E961675998FAC7E87_verboseLabel_en-US" xlink:label="lab_us-gaap_NotesReceivableNet_D75028A2ABD6636E961675998FAC7E87" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Vacation ownership notes receivable, net (including $655,180 and $717,543 from VIEs, respectively)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NotesReceivableNet" xlink:label="loc_us-gaap_NotesReceivableNet_D75028A2ABD6636E961675998FAC7E87" xlink:type="locator" />
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    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentNet_BAF32FCD028C70AF20C775998FAD13DD_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentNet_BAF32FCD028C70AF20C775998FAD13DD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property and equipment</link:label>
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentNet_BAF32FCD028C70AF20C775998FAD13DD_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentNet_BAF32FCD028C70AF20C775998FAD13DD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PropertyPlantAndEquipmentNet" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentNet_BAF32FCD028C70AF20C775998FAD13DD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentNet_BAF32FCD028C70AF20C775998FAD13DD" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentNet_BAF32FCD028C70AF20C775998FAD13DD" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherAssets_9C83D2267AEA41F8F66675998FADE4AE_terseLabel_en-US" xlink:label="lab_us-gaap_OtherAssets_9C83D2267AEA41F8F66675998FADE4AE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other (including $10,647 and $0 from VIEs, respectively)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherAssets" xlink:label="loc_us-gaap_OtherAssets_9C83D2267AEA41F8F66675998FADE4AE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherAssets_9C83D2267AEA41F8F66675998FADE4AE" xlink:to="lab_us-gaap_OtherAssets_9C83D2267AEA41F8F66675998FADE4AE" xlink:type="arc" />
    <link:label id="lab_us-gaap_Assets_EFB4A09D314AAB67ED9975998FADDEAF_totalLabel_en-US" xlink:label="lab_us-gaap_Assets_EFB4A09D314AAB67ED9975998FADDEAF" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">TOTAL ASSETS</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_Assets" xlink:label="loc_us-gaap_Assets_EFB4A09D314AAB67ED9975998FADDEAF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Assets_EFB4A09D314AAB67ED9975998FADDEAF" xlink:to="lab_us-gaap_Assets_EFB4A09D314AAB67ED9975998FADDEAF" xlink:type="arc" />
    <link:label id="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_21757EDBB2F446B7E29975998FADD44A_terseLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_21757EDBB2F446B7E29975998FADD44A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">LIABILITIES AND EQUITY</link:label>
    <link:label id="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_21757EDBB2F446B7E29975998FADD44A_label_en-US" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_21757EDBB2F446B7E29975998FADD44A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities and Equity [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="loc_us-gaap_LiabilitiesAndStockholdersEquityAbstract_21757EDBB2F446B7E29975998FADD44A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LiabilitiesAndStockholdersEquityAbstract_21757EDBB2F446B7E29975998FADD44A" xlink:to="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_21757EDBB2F446B7E29975998FADD44A" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccountsPayableCurrentAndNoncurrent_BC9AE5FE9425C7A4C48775998FAD7A62_terseLabel_en-US" xlink:label="lab_us-gaap_AccountsPayableCurrentAndNoncurrent_BC9AE5FE9425C7A4C48775998FAD7A62" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounts payable</link:label>
    <link:label id="lab_us-gaap_AccountsPayableCurrentAndNoncurrent_BC9AE5FE9425C7A4C48775998FAD7A62_label_en-US" xlink:label="lab_us-gaap_AccountsPayableCurrentAndNoncurrent_BC9AE5FE9425C7A4C48775998FAD7A62" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accounts Payable</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccountsPayableCurrentAndNoncurrent" xlink:label="loc_us-gaap_AccountsPayableCurrentAndNoncurrent_BC9AE5FE9425C7A4C48775998FAD7A62" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccountsPayableCurrentAndNoncurrent_BC9AE5FE9425C7A4C48775998FAD7A62" xlink:to="lab_us-gaap_AccountsPayableCurrentAndNoncurrent_BC9AE5FE9425C7A4C48775998FAD7A62" xlink:type="arc" />
    <link:label id="lab_us-gaap_CustomerAdvancesAndDeposits_DC25E898BA59711578B775998FAD5ADC_terseLabel_en-US" xlink:label="lab_us-gaap_CustomerAdvancesAndDeposits_DC25E898BA59711578B775998FAD5ADC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advance deposits</link:label>
    <link:label id="lab_us-gaap_CustomerAdvancesAndDeposits_DC25E898BA59711578B775998FAD5ADC_label_en-US" xlink:label="lab_us-gaap_CustomerAdvancesAndDeposits_DC25E898BA59711578B775998FAD5ADC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Customer Advances and Deposits</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CustomerAdvancesAndDeposits" xlink:label="loc_us-gaap_CustomerAdvancesAndDeposits_DC25E898BA59711578B775998FAD5ADC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CustomerAdvancesAndDeposits_DC25E898BA59711578B775998FAD5ADC" xlink:to="lab_us-gaap_CustomerAdvancesAndDeposits_DC25E898BA59711578B775998FAD5ADC" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccruedLiabilitiesCurrentAndNoncurrent_B26723CF88071A65DFFA75998FAD86A9_verboseLabel_en-US" xlink:label="lab_us-gaap_AccruedLiabilitiesCurrentAndNoncurrent_B26723CF88071A65DFFA75998FAD86A9" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Accrued liabilities (including $537 and $584 from VIEs, respectively)</link:label>
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    <link:label id="lab_us-gaap_DeferredRevenue_303FCE53269741D576D475998FAD862D_label_en-US" xlink:label="lab_us-gaap_DeferredRevenue_303FCE53269741D576D475998FAD862D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Revenue</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredRevenue" xlink:label="loc_us-gaap_DeferredRevenue_303FCE53269741D576D475998FAD862D" xlink:type="locator" />
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    <link:label id="lab_us-gaap_EmployeeRelatedLiabilitiesCurrentAndNoncurrent_F6BCE11AEE0D1EDA378F75998FAD1B13_terseLabel_en-US" xlink:label="lab_us-gaap_EmployeeRelatedLiabilitiesCurrentAndNoncurrent_F6BCE11AEE0D1EDA378F75998FAD1B13" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Payroll and benefits liability</link:label>
    <link:label id="lab_us-gaap_EmployeeRelatedLiabilitiesCurrentAndNoncurrent_F6BCE11AEE0D1EDA378F75998FAD1B13_label_en-US" xlink:label="lab_us-gaap_EmployeeRelatedLiabilitiesCurrentAndNoncurrent_F6BCE11AEE0D1EDA378F75998FAD1B13" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Employee-related Liabilities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EmployeeRelatedLiabilitiesCurrentAndNoncurrent" xlink:label="loc_us-gaap_EmployeeRelatedLiabilitiesCurrentAndNoncurrent_F6BCE11AEE0D1EDA378F75998FAD1B13" xlink:type="locator" />
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    <link:label id="lab_us-gaap_DeferredCompensationLiabilityCurrentAndNoncurrent_4815BED87B18E46D20E675998FADF12B_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredCompensationLiabilityCurrentAndNoncurrent_4815BED87B18E46D20E675998FADF12B" 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_DeferredCompensationLiabilityCurrentAndNoncurrent_4815BED87B18E46D20E675998FADF12B_label_en-US" xlink:label="lab_us-gaap_DeferredCompensationLiabilityCurrentAndNoncurrent_4815BED87B18E46D20E675998FADF12B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Compensation Liability, Current and Noncurrent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredCompensationLiabilityCurrentAndNoncurrent" xlink:label="loc_us-gaap_DeferredCompensationLiabilityCurrentAndNoncurrent_4815BED87B18E46D20E675998FADF12B" xlink:type="locator" />
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    <link:label id="lab_vac_DebtAndCapitalLeaseObligationsNet_E7A40AE7E2FE4853EF4975998FAD5673_verboseLabel_en-US" xlink:label="lab_vac_DebtAndCapitalLeaseObligationsNet_E7A40AE7E2FE4853EF4975998FAD5673" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Debt, net (including $671,221 and $738,362 from VIEs, respectively)</link:label>
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    <link:label id="lab_us-gaap_OtherLiabilities_E35B10D5E125ABBFEEF775998FAD840B_terseLabel_en-US" xlink:label="lab_us-gaap_OtherLiabilities_E35B10D5E125ABBFEEF775998FAD840B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherLiabilities" xlink:label="loc_us-gaap_OtherLiabilities_E35B10D5E125ABBFEEF775998FAD840B" xlink:type="locator" />
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    <link:label id="lab_us-gaap_DeferredTaxLiabilities_64AB28FE4D978718610D75998FADFDA5_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxLiabilities_64AB28FE4D978718610D75998FADFDA5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred taxes</link:label>
    <link:label id="lab_us-gaap_DeferredTaxLiabilities_64AB28FE4D978718610D75998FADFDA5_label_en-US" xlink:label="lab_us-gaap_DeferredTaxLiabilities_64AB28FE4D978718610D75998FADFDA5" 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/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredTaxLiabilities" xlink:label="loc_us-gaap_DeferredTaxLiabilities_64AB28FE4D978718610D75998FADFDA5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxLiabilities_64AB28FE4D978718610D75998FADFDA5" xlink:to="lab_us-gaap_DeferredTaxLiabilities_64AB28FE4D978718610D75998FADFDA5" xlink:type="arc" />
    <link:label id="lab_us-gaap_Liabilities_A3207CA31E5DD51868DC75998FAD0552_totalLabel_en-US" xlink:label="lab_us-gaap_Liabilities_A3207CA31E5DD51868DC75998FAD0552" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">TOTAL LIABILITIES</link:label>
    <link:label id="lab_us-gaap_Liabilities_A3207CA31E5DD51868DC75998FAD0552_label_en-US" xlink:label="lab_us-gaap_Liabilities_A3207CA31E5DD51868DC75998FAD0552" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_Liabilities" xlink:label="loc_us-gaap_Liabilities_A3207CA31E5DD51868DC75998FAD0552" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Liabilities_A3207CA31E5DD51868DC75998FAD0552" xlink:to="lab_us-gaap_Liabilities_A3207CA31E5DD51868DC75998FAD0552" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommitmentsAndContingencies_C4B03D0D5B297936838F75998FAE546E_terseLabel_en-US" xlink:label="lab_us-gaap_CommitmentsAndContingencies_C4B03D0D5B297936838F75998FAE546E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Contingencies and Commitments (Note 8)</link:label>
    <link:label id="lab_us-gaap_CommitmentsAndContingencies_C4B03D0D5B297936838F75998FAE546E_label_en-US" xlink:label="lab_us-gaap_CommitmentsAndContingencies_C4B03D0D5B297936838F75998FAE546E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Commitments and Contingencies</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CommitmentsAndContingencies" xlink:label="loc_us-gaap_CommitmentsAndContingencies_C4B03D0D5B297936838F75998FAE546E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommitmentsAndContingencies_C4B03D0D5B297936838F75998FAE546E" xlink:to="lab_us-gaap_CommitmentsAndContingencies_C4B03D0D5B297936838F75998FAE546E" xlink:type="arc" />
    <link:label id="lab_us-gaap_PreferredStockValue_C4A054114D00CE9DAE9575998FAE86E5_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockValue_C4A054114D00CE9DAE9575998FAE86E5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Preferred stock &#8212; $0.01 par value; 2,000,000 shares authorized; none issued or outstanding</link:label>
    <link:label id="lab_us-gaap_PreferredStockValue_C4A054114D00CE9DAE9575998FAE86E5_label_en-US" xlink:label="lab_us-gaap_PreferredStockValue_C4A054114D00CE9DAE9575998FAE86E5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Preferred Stock, Value, Issued</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PreferredStockValue" xlink:label="loc_us-gaap_PreferredStockValue_C4A054114D00CE9DAE9575998FAE86E5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PreferredStockValue_C4A054114D00CE9DAE9575998FAE86E5" xlink:to="lab_us-gaap_PreferredStockValue_C4A054114D00CE9DAE9575998FAE86E5" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommonStockValue_8F9CC11D3B8CE4E99C8F75998FAE4ADA_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockValue_8F9CC11D3B8CE4E99C8F75998FAE4ADA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common stock &#8212; $0.01 par value; 100,000,000 shares authorized; 36,839,064 and 36,633,868 shares issued, respectively</link:label>
    <link:label id="lab_us-gaap_CommonStockValue_8F9CC11D3B8CE4E99C8F75998FAE4ADA_label_en-US" xlink:label="lab_us-gaap_CommonStockValue_8F9CC11D3B8CE4E99C8F75998FAE4ADA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock, Value, Issued</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CommonStockValue" xlink:label="loc_us-gaap_CommonStockValue_8F9CC11D3B8CE4E99C8F75998FAE4ADA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockValue_8F9CC11D3B8CE4E99C8F75998FAE4ADA" xlink:to="lab_us-gaap_CommonStockValue_8F9CC11D3B8CE4E99C8F75998FAE4ADA" xlink:type="arc" />
    <link:label id="lab_us-gaap_TreasuryStockValue_FFAF48094A460819DF8F75998FAE93AC_negatedLabel_en-US" xlink:label="lab_us-gaap_TreasuryStockValue_FFAF48094A460819DF8F75998FAE93AC" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Treasury stock &#8212; at cost; 9,669,970 and 9,643,562 shares, respectively</link:label>
    <link:label id="lab_us-gaap_TreasuryStockValue_FFAF48094A460819DF8F75998FAE93AC_label_en-US" xlink:label="lab_us-gaap_TreasuryStockValue_FFAF48094A460819DF8F75998FAE93AC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Treasury Stock, Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_TreasuryStockValue" xlink:label="loc_us-gaap_TreasuryStockValue_FFAF48094A460819DF8F75998FAE93AC" xlink:type="locator" />
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    <link:label id="lab_us-gaap_AdditionalPaidInCapitalCommonStock_7D4042E94B9C8E3932C775998FAE0665_terseLabel_en-US" xlink:label="lab_us-gaap_AdditionalPaidInCapitalCommonStock_7D4042E94B9C8E3932C775998FAE0665" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additional paid-in capital</link:label>
    <link:label id="lab_us-gaap_AdditionalPaidInCapitalCommonStock_7D4042E94B9C8E3932C775998FAE0665_label_en-US" xlink:label="lab_us-gaap_AdditionalPaidInCapitalCommonStock_7D4042E94B9C8E3932C775998FAE0665" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Additional Paid in Capital, Common Stock</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AdditionalPaidInCapitalCommonStock" xlink:label="loc_us-gaap_AdditionalPaidInCapitalCommonStock_7D4042E94B9C8E3932C775998FAE0665" xlink:type="locator" />
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    <link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_71D905FEC524BA1AE39575998FAE3EC4_label_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_71D905FEC524BA1AE39575998FAE3EC4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accumulated Other Comprehensive Income (Loss), Net of Tax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:label="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_71D905FEC524BA1AE39575998FAE3EC4" xlink:type="locator" />
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    <link:label id="lab_us-gaap_RetainedEarningsAccumulatedDeficit_FD919F8553D132E0D45B75998FAE2FD5_label_en-US" xlink:label="lab_us-gaap_RetainedEarningsAccumulatedDeficit_FD919F8553D132E0D45B75998FAE2FD5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Retained Earnings (Accumulated Deficit)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RetainedEarningsAccumulatedDeficit" xlink:label="loc_us-gaap_RetainedEarningsAccumulatedDeficit_FD919F8553D132E0D45B75998FAE2FD5" xlink:type="locator" />
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    <link:label id="lab_us-gaap_StockholdersEquity_8DFDB1EA6CCD46C0673E75998FAE8CA4_label_en-US" xlink:label="lab_us-gaap_StockholdersEquity_8DFDB1EA6CCD46C0673E75998FAE8CA4" 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/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="loc_us-gaap_StockholdersEquity_8DFDB1EA6CCD46C0673E75998FAE8CA4" xlink:type="locator" />
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    <link:label id="lab_vac_ResortManagementAndOtherServicesExpenses_3F7598DEF1D0CAB64A669A0CA1D9D91F_label_en-US" xlink:label="lab_vac_ResortManagementAndOtherServicesExpenses_3F7598DEF1D0CAB64A669A0CA1D9D91F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Resort Management And Other Services Expenses</link:label>
    <link:label id="lab_vac_ResortManagementAndOtherServicesExpenses_3F7598DEF1D0CAB64A669A0CA1D9D91F_documentation_en-US" xlink:label="lab_vac_ResortManagementAndOtherServicesExpenses_3F7598DEF1D0CAB64A669A0CA1D9D91F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Resort management and other services expense include costs to operate the food and beverage and other ancillary operations and overall customer support services, including reservations.</link:label>
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    <link:label id="lab_us-gaap_FinancialServicesCosts_6563B852D4692A273DF29A0CA1D9F4C4_terseLabel_en-US" xlink:label="lab_us-gaap_FinancialServicesCosts_6563B852D4692A273DF29A0CA1D9F4C4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financing</link:label>
    <link:label id="lab_us-gaap_FinancialServicesCosts_6563B852D4692A273DF29A0CA1D9F4C4_label_en-US" xlink:label="lab_us-gaap_FinancialServicesCosts_6563B852D4692A273DF29A0CA1D9F4C4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Services Costs</link:label>
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    <link:label id="lab_vac_RentalExpenses_C01005E1B8A9331F29399A0CA1D9211E_terseLabel_en-US" xlink:label="lab_vac_RentalExpenses_C01005E1B8A9331F29399A0CA1D9211E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Rental</link:label>
    <link:label id="lab_vac_RentalExpenses_C01005E1B8A9331F29399A0CA1D9211E_label_en-US" xlink:label="lab_vac_RentalExpenses_C01005E1B8A9331F29399A0CA1D9211E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Rental Expenses</link:label>
    <link:label id="lab_vac_RentalExpenses_C01005E1B8A9331F29399A0CA1D9211E_documentation_en-US" xlink:label="lab_vac_RentalExpenses_C01005E1B8A9331F29399A0CA1D9211E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Costs including maintenance fees on unsold inventory, costs to provide alternate usage rights, subsidy payments to property owner associations, and marketing costs and direct operating and related expenses in connection with the rental business, including housekeeping, credit card expenses and reservation services.</link:label>
    <link:loc xlink:href="vac-20170630.xsd#vac_RentalExpenses" xlink:label="loc_vac_RentalExpenses_C01005E1B8A9331F29399A0CA1D9211E" xlink:type="locator" />
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    <link:label id="lab_us-gaap_GeneralAndAdministrativeExpense_DA049D5A8DB12D418A459A0CA1D9D209_verboseLabel_en-US" xlink:label="lab_us-gaap_GeneralAndAdministrativeExpense_DA049D5A8DB12D418A459A0CA1D9D209" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">General and administrative</link:label>
    <link:label id="lab_us-gaap_GeneralAndAdministrativeExpense_DA049D5A8DB12D418A459A0CA1D9D209_label_en-US" xlink:label="lab_us-gaap_GeneralAndAdministrativeExpense_DA049D5A8DB12D418A459A0CA1D9D209" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">General and Administrative Expense</link:label>
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    <link:label id="lab_us-gaap_GainLossRelatedToLitigationSettlement_495C67FB90945C4974AB9A0CA1D9F1FD_negatedLabel_en-US" xlink:label="lab_us-gaap_GainLossRelatedToLitigationSettlement_495C67FB90945C4974AB9A0CA1D9F1FD" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Litigation settlement</link:label>
    <link:label id="lab_us-gaap_GainLossRelatedToLitigationSettlement_495C67FB90945C4974AB9A0CA1D9F1FD_label_en-US" xlink:label="lab_us-gaap_GainLossRelatedToLitigationSettlement_495C67FB90945C4974AB9A0CA1D9F1FD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gain (Loss) Related to Litigation Settlement</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_GainLossRelatedToLitigationSettlement" xlink:label="loc_us-gaap_GainLossRelatedToLitigationSettlement_495C67FB90945C4974AB9A0CA1D9F1FD" xlink:type="locator" />
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    <link:label id="lab_vac_ConsumerFinancingInterestExpense_F3BD4F4EAFE50CB33A4C9A0CA1D9F43E_terseLabel_en-US" xlink:label="lab_vac_ConsumerFinancingInterestExpense_F3BD4F4EAFE50CB33A4C9A0CA1D9F43E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Consumer financing interest</link:label>
    <link:label id="lab_vac_ConsumerFinancingInterestExpense_F3BD4F4EAFE50CB33A4C9A0CA1D9F43E_label_en-US" xlink:label="lab_vac_ConsumerFinancingInterestExpense_F3BD4F4EAFE50CB33A4C9A0CA1D9F43E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Consumer Financing Interest Expense</link:label>
    <link:label id="lab_vac_ConsumerFinancingInterestExpense_F3BD4F4EAFE50CB33A4C9A0CA1D9F43E_documentation_en-US" xlink:label="lab_vac_ConsumerFinancingInterestExpense_F3BD4F4EAFE50CB33A4C9A0CA1D9F43E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Consumer financing interest expense represents interest expense associated with the debt from our non-recourse warehouse credit facility and from the securitization of our vacation ownership notes receivable in the asset-backed securities market.</link:label>
    <link:loc xlink:href="vac-20170630.xsd#vac_ConsumerFinancingInterestExpense" xlink:label="loc_vac_ConsumerFinancingInterestExpense_F3BD4F4EAFE50CB33A4C9A0CA1D9F43E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vac_ConsumerFinancingInterestExpense_F3BD4F4EAFE50CB33A4C9A0CA1D9F43E" xlink:to="lab_vac_ConsumerFinancingInterestExpense_F3BD4F4EAFE50CB33A4C9A0CA1D9F43E" xlink:type="arc" />
    <link:label id="lab_us-gaap_RoyaltyExpense_0D4E6B7B4520FECB1C199A0CA1D9B3A7_terseLabel_en-US" xlink:label="lab_us-gaap_RoyaltyExpense_0D4E6B7B4520FECB1C199A0CA1D9B3A7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Royalty fee</link:label>
    <link:label id="lab_us-gaap_RoyaltyExpense_0D4E6B7B4520FECB1C199A0CA1D9B3A7_label_en-US" xlink:label="lab_us-gaap_RoyaltyExpense_0D4E6B7B4520FECB1C199A0CA1D9B3A7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Royalty Expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RoyaltyExpense" xlink:label="loc_us-gaap_RoyaltyExpense_0D4E6B7B4520FECB1C199A0CA1D9B3A7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RoyaltyExpense_0D4E6B7B4520FECB1C199A0CA1D9B3A7" xlink:to="lab_us-gaap_RoyaltyExpense_0D4E6B7B4520FECB1C199A0CA1D9B3A7" xlink:type="arc" />
    <link:label id="lab_us-gaap_CostOfReimbursableExpense_131D1748DEE94B9F26F09A0CA1D903E1_terseLabel_en-US" xlink:label="lab_us-gaap_CostOfReimbursableExpense_131D1748DEE94B9F26F09A0CA1D903E1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cost reimbursements</link:label>
    <link:label id="lab_us-gaap_CostOfReimbursableExpense_131D1748DEE94B9F26F09A0CA1D903E1_label_en-US" xlink:label="lab_us-gaap_CostOfReimbursableExpense_131D1748DEE94B9F26F09A0CA1D903E1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cost of Reimbursable Expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CostOfReimbursableExpense" xlink:label="loc_us-gaap_CostOfReimbursableExpense_131D1748DEE94B9F26F09A0CA1D903E1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CostOfReimbursableExpense_131D1748DEE94B9F26F09A0CA1D903E1" xlink:to="lab_us-gaap_CostOfReimbursableExpense_131D1748DEE94B9F26F09A0CA1D903E1" xlink:type="arc" />
    <link:label id="lab_us-gaap_CostsAndExpenses_BB58125C7BD64C69B5F29A0CA1D91255_totalLabel_en-US" xlink:label="lab_us-gaap_CostsAndExpenses_BB58125C7BD64C69B5F29A0CA1D91255" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">TOTAL EXPENSES</link:label>
    <link:label id="lab_us-gaap_CostsAndExpenses_BB58125C7BD64C69B5F29A0CA1D91255_label_en-US" xlink:label="lab_us-gaap_CostsAndExpenses_BB58125C7BD64C69B5F29A0CA1D91255" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Costs and Expenses</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CostsAndExpenses" xlink:label="loc_us-gaap_CostsAndExpenses_BB58125C7BD64C69B5F29A0CA1D91255" xlink:type="locator" />
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    <link:label id="lab_us-gaap_NonoperatingIncomeExpense_3AB64C694D5F0575EE3B9A0CA1D94081_terseLabel_en-US" xlink:label="lab_us-gaap_NonoperatingIncomeExpense_3AB64C694D5F0575EE3B9A0CA1D94081" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">(Losses) gains and other (expense) income</link:label>
    <link:label id="lab_us-gaap_NonoperatingIncomeExpense_3AB64C694D5F0575EE3B9A0CA1D94081_label_en-US" xlink:label="lab_us-gaap_NonoperatingIncomeExpense_3AB64C694D5F0575EE3B9A0CA1D94081" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Nonoperating Income (Expense)</link:label>
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    <link:label id="lab_us-gaap_InterestIncomeExpenseNonoperatingNet_3CC5601F309895D06CA79A0CA1D956EC_label_en-US" xlink:label="lab_us-gaap_InterestIncomeExpenseNonoperatingNet_3CC5601F309895D06CA79A0CA1D956EC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Income (Expense), Nonoperating, Net</link:label>
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    <link:label id="lab_vac_LongTermDebtMaturitiesRepaymentsOfPrincipalLineItems_3FA2A62CCE5048183CFEA4ED46EBA311_documentation_en-US" xlink:label="lab_vac_LongTermDebtMaturitiesRepaymentsOfPrincipalLineItems_3FA2A62CCE5048183CFEA4ED46EBA311" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Long Term Debt Maturities Repayments Of Principal [Line Items]</link:label>
    <link:loc xlink:href="vac-20170630.xsd#vac_LongTermDebtMaturitiesRepaymentsOfPrincipalLineItems" xlink:label="loc_vac_LongTermDebtMaturitiesRepaymentsOfPrincipalLineItems_3FA2A62CCE5048183CFEA4ED46EBA311" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vac_LongTermDebtMaturitiesRepaymentsOfPrincipalLineItems_3FA2A62CCE5048183CFEA4ED46EBA311" xlink:to="lab_vac_LongTermDebtMaturitiesRepaymentsOfPrincipalLineItems_3FA2A62CCE5048183CFEA4ED46EBA311" xlink:type="arc" />
    <link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear_29E8AD080D496C14AD1AA4ED46EB1618_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear_29E8AD080D496C14AD1AA4ED46EB1618" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2017, remaining</link:label>
    <link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear_29E8AD080D496C14AD1AA4ED46EB1618_label_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear_29E8AD080D496C14AD1AA4ED46EB1618" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-term Debt, Maturities, Repayments of Principal, Remainder of Fiscal Year</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear" xlink:label="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear_29E8AD080D496C14AD1AA4ED46EB1618" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear_29E8AD080D496C14AD1AA4ED46EB1618" xlink:to="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear_29E8AD080D496C14AD1AA4ED46EB1618" xlink:type="arc" />
    <link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_D9327CAB97299FDFC5FAA4ED46EB6657_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_D9327CAB97299FDFC5FAA4ED46EB6657" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2018</link:label>
    <link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_D9327CAB97299FDFC5FAA4ED46EB6657_label_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_D9327CAB97299FDFC5FAA4ED46EB6657" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-term Debt, Maturities, Repayments of Principal in Year Two</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo" xlink:label="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_D9327CAB97299FDFC5FAA4ED46EB6657" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_D9327CAB97299FDFC5FAA4ED46EB6657" xlink:to="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_D9327CAB97299FDFC5FAA4ED46EB6657" xlink:type="arc" />
    <link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_EF63D1D180A5BC26ACA6A4ED46EB1B08_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_EF63D1D180A5BC26ACA6A4ED46EB1B08" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2019</link:label>
    <link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_EF63D1D180A5BC26ACA6A4ED46EB1B08_label_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_EF63D1D180A5BC26ACA6A4ED46EB1B08" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-term Debt, Maturities, Repayments of Principal in Year Three</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree" xlink:label="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_EF63D1D180A5BC26ACA6A4ED46EB1B08" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_EF63D1D180A5BC26ACA6A4ED46EB1B08" xlink:to="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_EF63D1D180A5BC26ACA6A4ED46EB1B08" xlink:type="arc" />
    <link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_7FBB0031605259E32B88A4ED46EB41A8_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_7FBB0031605259E32B88A4ED46EB41A8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2020</link:label>
    <link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_7FBB0031605259E32B88A4ED46EB41A8_label_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_7FBB0031605259E32B88A4ED46EB41A8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-term Debt, Maturities, Repayments of Principal in Year Four</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour" xlink:label="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_7FBB0031605259E32B88A4ED46EB41A8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_7FBB0031605259E32B88A4ED46EB41A8" xlink:to="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_7FBB0031605259E32B88A4ED46EB41A8" xlink:type="arc" />
    <link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_CA0029BDCE3E62993077A4ED46EBFAD7_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_CA0029BDCE3E62993077A4ED46EBFAD7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2021</link:label>
    <link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_CA0029BDCE3E62993077A4ED46EBFAD7_label_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_CA0029BDCE3E62993077A4ED46EBFAD7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-term Debt, Maturities, Repayments of Principal in Year Five</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive" xlink:label="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_CA0029BDCE3E62993077A4ED46EBFAD7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_CA0029BDCE3E62993077A4ED46EBFAD7" xlink:to="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_CA0029BDCE3E62993077A4ED46EBFAD7" xlink:type="arc" />
    <link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_FAF986153B6C77979711A4ED46EC1939_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_FAF986153B6C77979711A4ED46EC1939" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Thereafter</link:label>
    <link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_FAF986153B6C77979711A4ED46EC1939_label_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_FAF986153B6C77979711A4ED46EC1939" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-term Debt, Maturities, Repayments of Principal after Year Five</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive" xlink:label="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_FAF986153B6C77979711A4ED46EC1939" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_FAF986153B6C77979711A4ED46EC1939" xlink:to="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_FAF986153B6C77979711A4ED46EC1939" xlink:type="arc" />
    <link:label id="lab_vac_DebtAndCapitalLeaseObligationsGross_2117FB9F1F71F681C142A4ED46EC1BC0_totalLabel_en-US" xlink:label="lab_vac_DebtAndCapitalLeaseObligationsGross_2117FB9F1F71F681C142A4ED46EC1BC0" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">June 30, 2017</link:label>
    <link:label id="lab_vac_DebtAndCapitalLeaseObligationsGross_2117FB9F1F71F681C142A4ED46EC1BC0_label_en-US" xlink:label="lab_vac_DebtAndCapitalLeaseObligationsGross_2117FB9F1F71F681C142A4ED46EC1BC0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt And Capital Lease Obligations Gross</link:label>
    <link:label id="lab_vac_DebtAndCapitalLeaseObligationsGross_2117FB9F1F71F681C142A4ED46EC1BC0_documentation_en-US" xlink:label="lab_vac_DebtAndCapitalLeaseObligationsGross_2117FB9F1F71F681C142A4ED46EC1BC0" 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, gross.</link:label>
    <link:loc xlink:href="vac-20170630.xsd#vac_DebtAndCapitalLeaseObligationsGross" xlink:label="loc_vac_DebtAndCapitalLeaseObligationsGross_2117FB9F1F71F681C142A4ED46EC1BC0" xlink:type="locator" />
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    <link:label id="lab_vac_PastDuePeriod_EDC641C61E6648C1FB3F75998E5738E9_terseLabel_en-US" xlink:label="lab_vac_PastDuePeriod_EDC641C61E6648C1FB3F75998E5738E9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Period in which loan considered past due</link:label>
    <link:label id="lab_vac_PastDuePeriod_EDC641C61E6648C1FB3F75998E5738E9_label_en-US" xlink:label="lab_vac_PastDuePeriod_EDC641C61E6648C1FB3F75998E5738E9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Past Due Period</link:label>
    <link:label id="lab_vac_PastDuePeriod_EDC641C61E6648C1FB3F75998E5738E9_documentation_en-US" xlink:label="lab_vac_PastDuePeriod_EDC641C61E6648C1FB3F75998E5738E9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Past Due Period</link:label>
    <link:loc xlink:href="vac-20170630.xsd#vac_PastDuePeriod" xlink:label="loc_vac_PastDuePeriod_EDC641C61E6648C1FB3F75998E5738E9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vac_PastDuePeriod_EDC641C61E6648C1FB3F75998E5738E9" xlink:to="lab_vac_PastDuePeriod_EDC641C61E6648C1FB3F75998E5738E9" xlink:type="arc" />
    <link:label id="lab_vac_PastDueLoanSuspendAccrualOfInterestPeriod_E680105A9ACA9671CC4A75998E575FDB_terseLabel_en-US" xlink:label="lab_vac_PastDueLoanSuspendAccrualOfInterestPeriod_E680105A9ACA9671CC4A75998E575FDB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Period in which loan suspend accrual of interest</link:label>
    <link:label id="lab_vac_PastDueLoanSuspendAccrualOfInterestPeriod_E680105A9ACA9671CC4A75998E575FDB_label_en-US" xlink:label="lab_vac_PastDueLoanSuspendAccrualOfInterestPeriod_E680105A9ACA9671CC4A75998E575FDB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Past Due Loan Suspend Accrual of Interest Period</link:label>
    <link:label id="lab_vac_PastDueLoanSuspendAccrualOfInterestPeriod_E680105A9ACA9671CC4A75998E575FDB_documentation_en-US" xlink:label="lab_vac_PastDueLoanSuspendAccrualOfInterestPeriod_E680105A9ACA9671CC4A75998E575FDB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Past Due Loan Suspend Accrual of Interest Period</link:label>
    <link:loc xlink:href="vac-20170630.xsd#vac_PastDueLoanSuspendAccrualOfInterestPeriod" xlink:label="loc_vac_PastDueLoanSuspendAccrualOfInterestPeriod_E680105A9ACA9671CC4A75998E575FDB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vac_PastDueLoanSuspendAccrualOfInterestPeriod_E680105A9ACA9671CC4A75998E575FDB" xlink:to="lab_vac_PastDueLoanSuspendAccrualOfInterestPeriod_E680105A9ACA9671CC4A75998E575FDB" xlink:type="arc" />
    <link:label id="lab_vac_LoanPaymentsDelinquencyPeriodBeyondWhichLoanIsConsideredDefaulted_05EA0D014C2E5502A2E675998E57DAD9_terseLabel_en-US" xlink:label="lab_vac_LoanPaymentsDelinquencyPeriodBeyondWhichLoanIsConsideredDefaulted_05EA0D014C2E5502A2E675998E57DAD9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Period in which loan considered default loan</link:label>
    <link:label id="lab_vac_LoanPaymentsDelinquencyPeriodBeyondWhichLoanIsConsideredDefaulted_05EA0D014C2E5502A2E675998E57DAD9_label_en-US" xlink:label="lab_vac_LoanPaymentsDelinquencyPeriodBeyondWhichLoanIsConsideredDefaulted_05EA0D014C2E5502A2E675998E57DAD9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loan Payments Delinquency Period Beyond which Loan is Considered Defaulted</link:label>
    <link:label id="lab_vac_LoanPaymentsDelinquencyPeriodBeyondWhichLoanIsConsideredDefaulted_05EA0D014C2E5502A2E675998E57DAD9_documentation_en-US" xlink:label="lab_vac_LoanPaymentsDelinquencyPeriodBeyondWhichLoanIsConsideredDefaulted_05EA0D014C2E5502A2E675998E57DAD9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Loan Payments Delinquency Period Beyond which Loan is Considered Defaulted</link:label>
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    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vac_LoanPaymentsDelinquencyPeriodBeyondWhichLoanIsConsideredDefaulted_05EA0D014C2E5502A2E675998E57DAD9" xlink:to="lab_vac_LoanPaymentsDelinquencyPeriodBeyondWhichLoanIsConsideredDefaulted_05EA0D014C2E5502A2E675998E57DAD9" xlink:type="arc" />
    <link:label id="lab_vac_NotesReceivableEstimatedAverageDefaultRates_AA4613AADA975EFDA1B675998E5759DD_terseLabel_en-US" xlink:label="lab_vac_NotesReceivableEstimatedAverageDefaultRates_AA4613AADA975EFDA1B675998E5759DD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Notes receivable estimated average remaining default rates</link:label>
    <link:label id="lab_vac_NotesReceivableEstimatedAverageDefaultRates_AA4613AADA975EFDA1B675998E5759DD_label_en-US" xlink:label="lab_vac_NotesReceivableEstimatedAverageDefaultRates_AA4613AADA975EFDA1B675998E5759DD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Notes Receivable, Estimated Average Default Rates</link:label>
    <link:label id="lab_vac_NotesReceivableEstimatedAverageDefaultRates_AA4613AADA975EFDA1B675998E5759DD_documentation_en-US" xlink:label="lab_vac_NotesReceivableEstimatedAverageDefaultRates_AA4613AADA975EFDA1B675998E5759DD" 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-20170630.xsd#vac_NotesReceivableEstimatedAverageDefaultRates" xlink:label="loc_vac_NotesReceivableEstimatedAverageDefaultRates_AA4613AADA975EFDA1B675998E5759DD" xlink:type="locator" />
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    <link:label id="lab_vac_ResultOfIncreaseInEstimatedDefaultRate_A0A7A3CC1E65758B535775998E5778A0_terseLabel_en-US" xlink:label="lab_vac_ResultOfIncreaseInEstimatedDefaultRate_A0A7A3CC1E65758B535775998E5778A0" 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_A0A7A3CC1E65758B535775998E5778A0_label_en-US" xlink:label="lab_vac_ResultOfIncreaseInEstimatedDefaultRate_A0A7A3CC1E65758B535775998E5778A0" 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_A0A7A3CC1E65758B535775998E5778A0_documentation_en-US" xlink:label="lab_vac_ResultOfIncreaseInEstimatedDefaultRate_A0A7A3CC1E65758B535775998E5778A0" 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_us-gaap_InterestPaidNet_28EA339327436D0655449E0ED5B67B20_label_en-US" xlink:label="lab_us-gaap_InterestPaidNet_28EA339327436D0655449E0ED5B67B20" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Paid, Net</link:label>
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    <link:loc xlink:href="vac-20170630.xsd#vac_NumberOfNotesReceivablePoolsUnderPerformanceTriggers" xlink:label="loc_vac_NumberOfNotesReceivablePoolsUnderPerformanceTriggers_DED731F3D105B21154EE9E0ED5B614C0" xlink:type="locator" />
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    <link:label id="lab_vac_NumberOfConsolidatedNotesReceivablePoolsOutstanding_32222695610C5B8349F29E0ED5B61638_terseLabel_en-US" xlink:label="lab_vac_NumberOfConsolidatedNotesReceivablePoolsOutstanding_32222695610C5B8349F29E0ED5B61638" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of notes receivable pools outstanding</link:label>
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    <link:label id="lab_vac_ValuesOfVacationOwnershipNotesReceivableThatWereSecuritizedDuringThePeriod_3ABBEFD11CC1DCDE1B089E0ED5B60965_terseLabel_en-US" xlink:label="lab_vac_ValuesOfVacationOwnershipNotesReceivableThatWereSecuritizedDuringThePeriod_3ABBEFD11CC1DCDE1B089E0ED5B60965" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Values of vacation ownership notes receivable that were securitized during the period</link:label>
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    <link:label id="lab_vac_CashFlowsBetweenTransfereeAndTransferorProceeds_B809567E09E66BBB95249E0ED5B6729F_terseLabel_en-US" xlink:label="lab_vac_CashFlowsBetweenTransfereeAndTransferorProceeds_B809567E09E66BBB95249E0ED5B6729F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash flows between transferee and transferor proceeds</link:label>
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    <link:label id="lab_us-gaap_ProceedsFromAccountsReceivableSecuritization_81ACA48B2EDBB97A85F89E0ED5B6B666_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromAccountsReceivableSecuritization_81ACA48B2EDBB97A85F89E0ED5B6B666" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from accounts receivable securitization</link:label>
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    <link:label id="lab_us-gaap_LineOfCreditFacilityCommitmentFeePercentage_88BD38602842D1C5F26A9E0ED5B6752D_terseLabel_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityCommitmentFeePercentage_88BD38602842D1C5F26A9E0ED5B6752D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Line of credit facility, commitment fee percentage</link:label>
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    <link:label id="lab_vac_SurfersParadiseAustraliaMember_EECCE931D5977977E8B49E0ED5D76B2C_terseLabel_en-US" xlink:label="lab_vac_SurfersParadiseAustraliaMember_EECCE931D5977977E8B49E0ED5D76B2C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Surfers Paradise Australia</link:label>
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    <link:label id="lab_us-gaap_PaymentsToAcquireBusinessesGross_0BA11799106451839CD69E0ED5D79EDF_terseLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireBusinessesGross_0BA11799106451839CD69E0ED5D79EDF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash paid for acquisition of operating property</link:label>
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    <link:label id="lab_vac_NumberOfUnitsDisposedOfInConnectionWithDispositionOfAsset_D85DBBC7A41D3317FE3E9E0ED5D72C2F_terseLabel_en-US" xlink:label="lab_vac_NumberOfUnitsDisposedOfInConnectionWithDispositionOfAsset_D85DBBC7A41D3317FE3E9E0ED5D72C2F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of units disposed</link:label>
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    <link:label id="lab_vac_SignificantAcquisitionsAndDisposalsAcquisitionCashProceeds_E1CCC222C7B98FD957FB9E0ED5D800BE_terseLabel_en-US" xlink:label="lab_vac_SignificantAcquisitionsAndDisposalsAcquisitionCashProceeds_E1CCC222C7B98FD957FB9E0ED5D800BE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash proceeds</link:label>
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