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Hilton Grand Vac - HGV STOCK NEWS

Welcome to our dedicated page for Hilton Grand Vac news (Ticker: HGV), a resource for investors and traders seeking the latest updates and insights on Hilton Grand Vac stock.

Hilton Grand Vacations Inc. (HGV) is a leading timeshare company and a division of Hilton Hotels Corporation. Headquartered in Orlando, Florida, HGV specializes in the development, marketing, and management of high-quality vacation ownership resorts in select travel destinations.

Core Business: The company operates in two main segments: Real Estate Sales and Financing and Resort Operations and Club Management. The Real Estate Sales and Financing segment predominately generates revenue from the sale of Vacation Ownership Interests (VOIs) and related financing. The Resort Operations and Club Management segment provides comprehensive management services to a network of resorts. This includes managing owner rental programs, recreational programs, and retail outlets.

Membership Programs: HGV operates two exclusive club membership programs: Hilton Grand Vacations Club® and The Hilton Club®. These programs offer over 127,000 members exclusive access to exchange, leisure travel, and reservation services, enhancing their vacation experience.

Recent Achievements and Current Projects: The company has been expanding its portfolio with new properties in top vacation destinations. It's recognized for its successful resale programs for managed resort properties, ensuring the value of ownership remains strong. HGV also focuses on enhancing customer experience through innovative services and world-class hospitality, which are hallmarks of the Hilton brand.

Financial Condition: The majority of HGV's revenue is derived from its Real Estate Sales and Financing segment, showcasing a robust financial model. The company is committed to maintaining strong financial health to support its strategic growth initiatives.

Partnerships: As part of the Hilton Hotels Corporation, HGV leverages its association with one of the most recognized names in global hospitality to provide exceptional vacation experiences. Their strategic partnerships continue to drive customer satisfaction and operational excellence.

Significance: Hilton Grand Vacations Inc. stands out in the timeshare industry for its quality offerings and strong brand reputation. Investors and travelers alike recognize the value of its well-managed resorts and innovative vacation solutions.

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Bluegreen Vacations Holding Corporation (BVH) announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, with respect to the acquisition by Hilton Grand Vacations Inc. (HGV) for $75.00 per share in cash. The waiting period expired on December 14, 2023, satisfying one of the closing conditions of the transaction. The completion remains subject to other closing conditions, including approval by the Company’s shareholders.
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Hilton Grand Vacations Inc. (NYSE:HGV) to host 2024 Tournament of Champions with 50 entertainment and sports stars alongside LPGA Tour pros
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Hilton Grand Vacations Inc. (NYSE:HGV) has been ranked first in the Hotel and Travel Industry category for the fourth consecutive year on the Dave Thomas Foundation’s 'Best Adoption-Friendly Workplaces' list. The company offers up to $10,000 per child in adoption assistance benefits and 12 weeks of paid parental leave for eligible U.S. team members. This recognition reflects HGV's commitment to supporting adoptive parents and families, aligning with their 'Putting People First' mission.
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Hilton Grand Vacations Inc. (NYSE:HGV) announces the addition of 90 new luxury rooms at its premiere Las Vegas resort with the opening of Elara, a Hilton Club. The expansion includes adding four top floors of new penthouses to the property, which is already home to Elara, a Hilton Grand Vacations Club. The new units include 34 studios, 40 one-bedroom suites, and 16 two-bedroom suites with modern amenities and floor-to-ceiling windows offering spectacular views of the Las Vegas Strip and surrounding landscapes. Elara, a Hilton Club also offers an elevated, private experience with exclusive owners' lounge and dedicated check-in area. Developed as a joint venture with affiliates of Blackstone Real Estate, Elara features a newly renovated grand lobby, a tropical pool, fitness center, electric vehicle charging, and adjoining access to the Miracle Mile Shops. HGV will host a premier on-track clubhouse for the upcoming FORMULA 1 HEINEKEN SILVER LAS VEGAS GRAND PRIX.
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Hilton Grand Vacations Inc. (HGV) has announced its acquisition of Bluegreen Vacations for $1.5 billion. This deal will add over 200,000 members and 48 managed resorts in 14 new geographies to HGV's portfolio. The acquisition is expected to generate approximately $100 million in projected run-rate cost synergies and expand HGV's lead flow through Bluegreen Vacations' strategic partnerships, including an exclusive 10-year marketing agreement with Bass Pro Shops.
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Bluegreen Vacations Holding Corporation (NYSE: BVH) has entered into a definitive agreement to be acquired by Hilton Grand Vacations Inc. (NYSE: HGV) for $75.00 per share in an all cash transaction. The deal represents a total enterprise value of approximately $1.5 billion, inclusive of net debt. Bluegreen Vacations is a leading vacation ownership company with 49 Club Resorts and 24 Associate Resorts in popular vacation destinations. The acquisition will enhance Hilton Grand Vacations' vacation ownership offering and broaden its reach.
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Hilton Grand Vacations Inc. reports its Q3 2023 results. Total contract sales were $603 million, member count was 526,000, and consolidated Net Owner Growth (NOG) for the 12 months ended Sept. 30, 2023, was 2.1%. Total revenues for the quarter were $1,018 million, a decrease compared to the same period in 2022. Net income for the quarter was $92 million, a decrease compared to the same period in 2022. Adjusted EBITDA for the quarter was $269 million, a decrease compared to the same period in 2022.
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Hilton Grand Vacations to report Q3 2023 financial results on November 6, 2023
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Hilton Grand Vacations Inc. has been named to Newsweek's 'Top 100 Most Loved Workplaces®' in the U.K. list, ranking No. 13 overall and is the highest-ranked timeshare company.
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Hilton Grand Vacations successfully lowers pricing on its Term Loan B, resulting in annual interest savings of over $3 million.
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FAQ

What is the current stock price of Hilton Grand Vac (HGV)?

The current stock price of Hilton Grand Vac (HGV) is $41.01 as of February 21, 2025.

What is the market cap of Hilton Grand Vac (HGV)?

The market cap of Hilton Grand Vac (HGV) is approximately 4.1B.

What does Hilton Grand Vacations Inc. do?

Hilton Grand Vacations Inc. develops, markets, and manages high-quality vacation ownership resorts and operates exclusive club membership programs.

Where is Hilton Grand Vacations Inc. headquartered?

Hilton Grand Vacations Inc. is headquartered in Orlando, Florida.

What are the main business segments of Hilton Grand Vacations Inc.?

The main business segments are Real Estate Sales and Financing, and Resort Operations and Club Management.

How does Hilton Grand Vacations Inc. generate most of its revenue?

Most of its revenue is generated through the Real Estate Sales and Financing segment, primarily from VOI sales and related financing.

What are the club membership programs offered by Hilton Grand Vacations Inc.?

The company offers Hilton Grand Vacations Club® and The Hilton Club®, providing exclusive exchange, leisure travel, and reservation services.

What kind of services does Hilton Grand Vacations Inc. provide at its resorts?

The company provides management services including owner rental programs, recreational programs, and retail outlets.

How many members are part of Hilton Grand Vacations' club programs?

There are over 127,000 members in Hilton Grand Vacations' club programs.

Is Hilton Grand Vacations Inc. associated with Hilton Hotels Corporation?

Yes, Hilton Grand Vacations is a division of Hilton Hotels Corporation.

Where does Hilton Grand Vacations Inc. have its resorts?

The company has vacation ownership resorts in select premier vacation destinations.

What is the significance of Hilton Grand Vacations Inc. in the industry?

Hilton Grand Vacations is recognized for its high-quality resorts, innovative services, and strong brand reputation in the timeshare industry.
Hilton Grand Vac

NYSE:HGV

HGV Rankings

HGV Stock Data

4.14B
90.62M
1.38%
104.48%
6.64%
Resorts & Casinos
Hotels, Rooming Houses, Camps & Other Lodging Places
Link
United States
ORLANDO