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Hilton Grand Vacations ($HGV)

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HGV Overview

Hilton Grand Vacations, a timeshare company, develops, markets, and operates 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; manages resorts; operates a points-based vacation club; 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, which provide exchange, leisure travel, and reservation services to approximately 326,000 members, as well as engages in the rental of inventory made available due to ownership exchanges through its club programs.As of December 31, 2019, it had 59 resorts comprising 9,540 units located in the Hawaiian Islands, New York City, Orlando, South Carolina, Washington D.C., and Las Vegas; and Europe.The company was founded in 1992 and is headquartered in Orlando, Florida. (From: StockAnalysis.com)

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