Hilton Grand Vacations Inc.

Hilton Grand Vacations Inc. is a leading timeshare company that develops, markets, sells and manages vacation ownership resorts. Founded in 1992 and headquartered in Orlando, Florida, 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, 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. Additionally, it engages in the rental of inventory made available due to ownership exchanges through its club programs.

In 2021, Hilton Grand Vacations Inc. achieved record-breaking growth, with a 24% increase in revenue to $1.5 billion compared to 2020. This was driven by a 20% increase in total timeshare sales volume, a 14% increase in timeshare contract sales, and a 5% increase in timeshare loan receivables. The company also achieved a 20% increase in total timeshare sales volume and a 14% increase in timeshare contract sales. As of December 31, 2021, Hilton Grand Vacations Inc. had 154 properties located in the United States.

In 2021, Hilton Grand Vacations Inc. continued to expand its portfolio of resorts and clubs. The company opened two new resorts in Hawaii, the Grand Waikikian and the Grand Islander, and acquired the Grand Mayan resort in Mexico. The company also opened two new club locations in Las Vegas, Nevada and Kissimmee, Florida. Additionally, it opened four new club locations in the United States and two in Europe.

In 2021, Hilton Grand Vacations Inc. also launched a new loyalty program, Hilton Grand Vacations Club, which provides members with exclusive access to discounts, special offers and rewards. Through this program, members can earn points for each stay at a Hilton Grand Vacations resort or club. The points can be redeemed for discounts on future stays, as well as for exclusive experiences, such as spa treatments, golf lessons and more. The company also launched a new mobile app, which allows members to manage their points and book their stays.

In 2021, Hilton Grand Vacations Inc. was recognized by Forbes as one of the World’s Most Innovative Companies. The company was also named one of the Top 100 Best Places to Work by Glassdoor. Additionally, it was named one of the Top 50 Companies to Work For by Fortune Magazine.