HGV

Hilton Grand Vacations Inc. operates as a timeshare company developing, marketing, selling, and managing timeshare resorts and vacation ownership plans. Headquartered in Orlando, Florida, HGV functions as the vacation ownership arm separated from Hilton Worldwide in 2017. The company manages a portfolio of over 154 properties across more than 30 destinations, offering club memberships and points-based vacation ownership products primarily under the Hilton Grand Vacations, The Luxury Exchange, and Hilton Club brands. HGV serves approximately 345,000 members across its various club programs. The company generates revenue through vacation ownership sales, financing consumer purchases of vacation ownership intervals, resort operations and club management, and rental income from unsold inventory. In 2021, HGV completed its merger with Diamond Resorts International, significantly expanding its geographic footprint and member base. The combined entity employs approximately 12,000 team members worldwide. HGV operates through two primary business segments: Real Estate Sales and Financing, which encompasses marketing, sales, and consumer financing of vacation ownership intervals; and Resort Operations and Club Management, which includes operating resorts within its system, managing club programs, and providing exchange services. The company maintains strategic licensing agreements with Hilton to use its brand names and access its Hilton Honors loyalty program, creating cross-marketing opportunities between traditional hotel stays and vacation ownership experiences.