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SECURITIZED DEBT - Additional Information (Details)
3 Months Ended 6 Months Ended
Jul. 22, 2020
USD ($)
May 22, 2020
USD ($)
Jun. 30, 2020
USD ($)
Loan
Jun. 30, 2019
USD ($)
Jun. 30, 2020
USD ($)
Loan
Jun. 30, 2019
USD ($)
Aug. 07, 2020
Debt Instrument [Line Items]              
Number of notes receivable pools under performance triggers | Loan     0   0    
Number of notes receivable pools outstanding | Loan     12   12    
Debt, stated interest rate     6.125%   6.125%    
Repayments of debt         $ (302,000,000) $ (496,000,000)  
Payments of Debt Issuance Costs         $ 9,000,000 $ 6,000,000  
Number of notes receivable pools out of compliance | Loan     0   0    
Warehouse Credit Facility              
Debt Instrument [Line Items]              
Proceeds from vacation ownership notes receivable securitizations       $ (202,000,000)      
Values of vacation ownership notes receivable that were securitized during the period       $ (240,000,000)      
Advance rate for securitization       84.00%      
Cash flows between transferee and transferor proceeds       $ 201,000,000      
Cash flows between transferee and transfer or funding of restricted cash (less than for third quarter of 2019)       $ (1,000,000)      
Warehouse Credit Facility              
Debt Instrument [Line Items]              
Proceeds from vacation ownership notes receivable securitizations     $ (113,000,000)        
Credit facility   $ 531,000,000 350,000,000   $ 350,000,000    
Values of vacation ownership notes receivable that were securitized during the period     $ (132,000,000)        
Advance rate for securitization     86.00%        
Cash flows between transferee and transferor proceeds     $ 113,000,000        
Cash flows between transferee and transfer or funding of restricted cash (less than for third quarter of 2019)     $ (1,000,000)        
Line of credit facility, increase in maximum borrowing capacity   $ 181,000,000          
Subsequent event              
Debt Instrument [Line Items]              
Values of Vacation Ownership Notes Receivable that Were Purchased By Trust During the Period $ 383,000,000            
Proceeds from vacation ownership notes receivable securitizations (368,000,000)            
Proceeds for general corporate purposes 53,000,000            
Payments of Debt Issuance Costs 7,000,000            
Cash flows between transferee and transfer or funding of restricted cash (less than for third quarter of 2019) (15,000,000)            
Subsequent event | Warehouse Credit Facility              
Debt Instrument [Line Items]              
Repayments of debt (300,000,000)            
Subsequent event | Secured Debt | MVW-2020-1 LLC              
Debt Instrument [Line Items]              
Proceeds from vacation ownership notes receivable securitizations (375,000,000)            
Debt, stated interest rate             2.53%
Subsequent event | Secured Debt | Class A notes | MVW-2020-1 LLC              
Debt Instrument [Line Items]              
Proceeds from vacation ownership notes receivable securitizations (238,000,000)            
Debt, stated interest rate             1.74%
Subsequent event | Secured Debt | Class B notes | MVW-2020-1 LLC              
Debt Instrument [Line Items]              
Proceeds from vacation ownership notes receivable securitizations (72,000,000)            
Debt, stated interest rate             2.73%
Subsequent event | Secured Debt | Class C notes | MVW-2020-1 LLC              
Debt Instrument [Line Items]              
Proceeds from vacation ownership notes receivable securitizations (44,000,000)            
Debt, stated interest rate             4.21%
Subsequent event | Secured Debt | Class D notes | MVW-2020-1 LLC              
Debt Instrument [Line Items]              
Proceeds from vacation ownership notes receivable securitizations $ (21,000,000)            
Debt, stated interest rate             7.14%
London Interbank Offered Rate (LIBOR) | Warehouse Credit Facility              
Debt Instrument [Line Items]              
Basis spread on variable rate   1.40%     1.10%