Hilton Grand Vacations

Summary

Hilton Grand Vacations Inc., a timeshare company, develops, markets, sells, and manages vacation ownership resorts primarily under the Hilton Grand Vacations brand. The company operates in two segments, Real Estate Sales and Financing, and Resort Operations and Club Management. It sells vacation ownership intervals and vacation ownership interests; manages resorts and clubs; operates points-based vacation clubs and resort amenities; and finances and services loans provided to consumers for their timeshare purchases. The company also manages and operates the points-based Hilton Grand Vacations Club and Hilton Club exchange programs, and Diamond Clubs, which provide exchange, leisure travel, and reservation services to approximately 333,000 members, as well as engages in the rental of inventory made available due to ownership exchanges through its club programs. As of December 31, 2021, it had 154 properties located in the United States. The company was founded in 1992 and is headquartered in Orlando, Florida.

History

A year after investing, HNA Group was in talks to sell some or all of its 25% share in Hilton Grand Vacations, a timeshare business which had spun off from Hilton Worldwide Holdings the year before.Hilton Grand Vacation announced its intention to acquire Diamond Resorts International on March 10, 2021 for $1.4 billion. The acquisition was completed on August 2nd.

Mission

By putting people first, we will ensure Team Members become family, guests become Owners, and Owners become the heart of everything we do.

Vision

Inspiring people to go further and share more.

References

https://en.wikipedia.org/wiki/Hilton_Grand_Vacations

https://in.investing.com/equities/hilton-grand-vacations-inc

https://finance.yahoo.com/quote/HGV/profile?p=HGV

https://www.comparably.com/companies/hilton-grand-vacations/mission

https://www.crunchbase.com/organization/hilton-grand-vacations

https://sec.report/CIK/0001674168

https://companiesmarketcap.com/