Hilton Grand Vacations Will Open its First Timeshare Resort in Japan

January 30, 2018

Hilton Grand Vacations (NYSE:HGV) announces its real estate purchase from Hilton (NYSE:HLT) including existing buildings and land for development within the Hilton Odawara Resort & Spa, located in the Kanagawa Prefecture, Japan. The purchase marks Hilton Grand Vacations’ second announced project in Japan and will be the first resort to open in the country. Adding to the existing properties, HGV plans to create timeshare units with ocean views on the purchased land.

“We are pleased to announce our first resort to open in Japan, in collaboration with our esteemed partner Hilton, in this scenic location close to Tokyo, which has consistently been a top choice for vacations by our owners and guests,” says Mark Wang, president and CEO, Hilton Grand Vacations. “We look forward to working with the city of Odawara to promote tourism and contribute to the vibrant local economy,” he adds.

Hilton Odawara Resort & Spa is located just 30 minutes by bullet train from Tokyo. The hotel was the recipient of the ‘Japan’s Leading Resort’ award from World Travel Awards in 2017. Hilton will continue to own the hotel and resort amenities as well as manage the property, which is close to attractions such as the Fuji Hakone Izu National Park and Odawara Castle. Guests will have access to the many recreational facilities and resort amenities of Hilton Odawara Resort & Spa.

“With the Japanese government’s aim to welcome 40 million tourists by 2020, we see great continuing potential in providing more offerings to an ever-expanding and diverse group of travellers,” says Tim Soper, vice president of operations for Japan, Korea and Micronesia with Hilton. “Part of how we will do so is to offer our guests the best of both worlds by working with key tourism players, including Hilton Grand Vacations.”

Renowned Japanese design firm Hashimoto Yukio Design Studio has been appointed as designer for the project.

Hilton Grand Vacations Donates $25,000 to Volcano Recovery Fund

August 23, 2018

In an effort to support the volcano recovery effort on Hawai‘i Island, Hilton Grand Vacations has donated $25,000 to the Hawai‘i Island Volcano Recovery Fund at the Hawai‘i Community Foundation (HCF). To date, the fund has raised over $750,000 to support Hawai‘i Island communities affected by the Kilauea volcano eruption.

“Hilton Grand Vacations has significant operations on both Hawai‘i Island and O‘ahu where our Team Members live and work and our owners and guests vacation,” says Mark Wang, president and CEO, Hilton Grand Vacations. “We care deeply about our communities and are pleased to support the tremendous efforts of the Hawai‘i Community Foundation to help with disaster relief and recovery.”

“We are grateful for the many individuals and companies, including Hilton Grand Vacations, that have stepped up to care for these communities while they recover,” says Diane Chadwick, HCF’s director of community philanthropy on the Island of Hawai‘i. “Contributions like these support efforts that provide housing, case management, legal and other essential services for those impacted by the Kīlauea Volcano eruption.”

Donations made to the Hawai‘i Island Volcano Recovery Fund support organizations serving three priority needs:

• Response – immediate support for urgent needs for those
• Recovery – providing support for some level of normalcy for families and communities disrupted with temporary housing, reopening of
• Rebuild – longer term assessment and support for those communities affected by the

Contributions to this fund can be made online at HawaiiCommunityFoundation.org/volcanorecovery or by mail to Hawai‘i Community Foundation, 827 Fort Street Mall, Honolulu, HI, 96813.

About Hilton Grand Vacations Inc.

Hilton Grand Vacations Inc. (NYSE:HGV) is recognized as a leading global timeshare company. With headquarters in Orlando, Fla., Hilton Grand Vacations develops, markets and operates a system of brand-name, high-quality vacation ownership resorts in select vacation destinations. The Company also manages and operates two innovative club membership programs: Hilton Grand Vacations Club® and The Hilton Club®, providing exclusive exchange, leisure travel and reservation services for more than 295,000 Club Members. For more information, visit www.hgv.com  and  www.hiltongrandvacations.com.

About Hawai‘i Community Foundation

With over 100 years of community service, Hawai‘i Community Foundation (HCF) is the leading philanthropic institution in the state. HCF is a steward of more than 850 funds, including more than 250 scholarship funds, created by donors who desire to transform lives and improve communities. In 2017, HCF distributed more than $59 million in grants and contracts statewide, including more than $6 million in scholarships. HCF also serves as a resource on community issues and trends in the nonprofit sector.

Hilton Grand Vacations announces new development in Waikiki

September 26, 2018

Hilton Grand Vacations Inc.(NYSE:HGV) announces it has purchased from BSC KVSC, LLC (“BSC”) a 1.05-acre site that currently includes King’s Village, Hale Waikiki Apartments and Prince Edward Apartments. HGV plans to develop a 32-story tower on the site, which will be its sixth property in Honolulu.

“Building on our local development history that started with the Lagoon Tower in 2000, our latest project in Waikiki will assure that HGV continues to offer lifetime vacation experiences to our next generation of owners,” says Mark Wang, president and CEO, Hilton Grand Vacations. “We’re also excited that this project will be the first Hawaii location for our Hilton Club, which offers premium levels of design and amenities.”

Purchasing the King’s Village project is part of HGV’s continued efforts to expand its portfolio on Oahu. Current timeshare occupancy is at 90 percent with strong interest from existing domestic and Japanese owner families, which achieved a milestone of 60,000 Japanese Club Members this year. This project will be HGV’s sixth resort on Oahu, increasing the total count to 1,429 units. HGV’s most recent property was The Grand Islander by Hilton Grand Vacations Club, which opened in March 2017.

Construction is anticipated to begin in the second quarter of 2019, with project completion in the first quarter of 2022. The start of sales for the property is expected to begin in the middle of 2020.

“We are glad to see the project moving forward under the current approvals, as we believe it will be good for the neighborhood, the Waikiki area and our local economy,” says Bryan Li of BSC KVSC, LLC. “Hilton Grand Vacations has a strong track record of operating exceptional properties in Hawaii, and we wish them continued success.”

Located in the heart of Waikiki, the property will include 191 units, comprised of studios and one-, two- and three-bedroom suites, many of which will offer ocean views. Planned resort amenities include a fitness center, pool, business center and owners’ lounge.

Important Notice

Statements in this press release that are not historical facts may be forward-looking statements. Words such as “anticipate,” “believe,” “expect” and “intend” indicate a forward-looking statement, although not all forward-looking statements include these words.  Forward-looking statements involve risks and uncertainties that could cause the outcome to be materially different.

About Hilton Grand Vacations Inc.
Hilton Grand Vacations Inc. (NYSE:HGV) is recognized as a leading global timeshare company. With headquarters in Orlando, Fla., Hilton Grand Vacations develops, markets and operates a system of brand-name, high-quality vacation ownership resorts in select vacation destinations. The Company also manages and operates two innovative club membership programs: Hilton Grand Vacations Club^® and The Hilton Club^®, providing exclusive exchange, leisure travel and reservation services for more than 295,000 Club Members. For more information, visit www.hgv.com and www.hiltongrandvacations.com.

About BSC KVSC, LLC

BSC KVSC, LLC is a partnership that includes BlackSand Capital, The MacNaughton Group, Kobayashi Group and others. BlackSand Capital is a real estate private equity firm focused solely on Hawaii real estate across all property sectors. The MacNaughton Group specializes in luxury residential, retail and hospitality development, acquisition and management. Kobayashi Group is a privately owned and managed boutique real estate and development firm with its focus solely in Hawaii.

Hilton Grand Vacations announces its first Caribbean resort

September 10, 2018

ORLANDO, Fla. (Sept. 10, 2018) – Hilton Grand Vacations Inc. (NYSE:HGV) announces it has acquired interests in The Crane Resort in Saint Philip, Barbados. The timeshare weeks that will be available to HGV owners and guests will be branded “Hilton Grand Vacations at The Crane.” This will be HGV’s first offering in the highly desirable Caribbean market.

“Our owners tell us how much they love beach vacations, so we couldn’t be more excited to offer our first Caribbean destination within a world-class resort and a spectacular location,” says Mark Wang, president and CEO, Hilton Grand Vacations. “This new project is one more way we’re continuing to expand our brand presence and maximize customer experience.”

The Crane Resort was founded as Barbados’ first resort in 1887 and is the oldest continuously operating resort in the Caribbean. This resort is located on 40 acres of beachfront property on one of the top beaches in the world.

Resort amenities include a 1.5-acre cascading cliff-top pool complex, day spa, retail, fitness center, kids’ club, gardens, rooftop terraces and award-winning dining with seven restaurant and beverage options. In addition, many suites have large, private swimming pools.

To continue expanding its resort portfolio and offer new destinations to Club Members, HGV is acquiring existing one-, two- and three-bedroom suite inventory in phases from Millennium Investments Limited for an anticipated total project investment of $54.6 million over three years. Sales are planned to start in the fourth quarter of 2018, and HGV Club Membership occupancy is expected to begin in January 2019.

Important Notice

Statements in this press release that are not historical facts may be forward-looking statements. Words such as “anticipate,” “believe,” “expect” and “intend” indicate a forward-looking statement, although not all forward-looking statements include these words.  Forward-looking statements involve risks and uncertainties that could cause the outcome to be materially different.

About Hilton Grand Vacations Inc.
Hilton Grand Vacations Inc. (NYSE:HGV) is recognized as a leading global timeshare company. With headquarters in Orlando, Fla., Hilton Grand Vacations develops, markets and operates a system of brand-name, high-quality vacation ownership resorts in select vacation destinations. The Company also manages and operates two innovative club membership programs: Hilton Grand Vacations Club^® and The Hilton Club^®, providing exclusive exchange, leisure travel and reservation services for more than 295,000 Club Members. For more information, visit www.hgv.com and www.hiltongrandvacations.com.

Millennium Investments Ltd.
Millennium Investments Ltd. is a privately owned real estate development company in Barbados. A fully vertically integrated industry leader, the company has considerable experience in developing and operating Caribbean resort residences. Its flagship property, The Crane Resort, has earned numerous global accolades for its world-class product and service and boasts consistently high levels of customer satisfaction. A second residential resort, Beach Houses, is under construction on Barbados’ Southeast coast, which upon completion will add an exclusive selection of free-standing, luxury, oceanfront villas to the company’s portfolio. For more information, visit www.craneresorts.com.

Hilton Grand Vacations open The Residences by Hilton Club in New York

September 27, 2018

NEW YORK (Sept. 27, 2018) – Hilton Grand Vacations Inc. (NYSE:HGV) celebrated today the opening of its third timeshare in New York City, The Residences by Hilton Club. Located at the top of the New York Hilton Midtown, its design was inspired by the hotel’s iconic penthouses where Conrad Hilton once lived.

The Residences brings a unique resort option to New York City’s growing tourism market, offering 47 high-end units featuring luxurious design inspired by its former celebrity residents.

“With urban vacations on the rise, we are always looking to expand our properties in highly desired cities across the world,” says Mark Wang, president and CEO, Hilton Grand Vacations. “The Residences also continues to showcase our strong partnership with Hilton, as we launch another project that mixes timeshare and hotel in one property.”

Amenities include a private owners’ lounge, full access to the New York Hilton Midtown’s fitness center and retail outlets. The property also offers prime views of Central Park and is within walking distance of shopping, dining, nightlife and many of New York City’s top attractions.

The Residences is part of HGV’s continued efforts to expand its portfolio of urban vacation options available to Club members. Previously, HGV opened two properties in Manhattan, The Hilton Club – New York in Midtown in 2002 and West 57th Street by Hilton Club in 2009, which was the first purpose-built timeshare property ever constructed in New York City. In May 2017, HGV opened The District by Hilton Club – the largest timeshare in Washington, D.C.

Important Notice

Statements in this press release that are not historical facts may be forward-looking statements. Words such as “anticipate,” “believe,” “expect” and “intend” indicate a forward-looking statement, although not all forward-looking statements include these words.  Forward-looking statements involve risks and uncertainties that could cause the outcome to be materially different.

About Hilton Grand Vacations Inc.
Hilton Grand Vacations Inc. (NYSE:HGV) is recognized as a leading global timeshare company. With headquarters in Orlando, Fla., Hilton Grand Vacations develops, markets and operates a system of brand-name, high-quality vacation ownership resorts in select vacation destinations. The Company also manages and operates two innovative club membership programs: Hilton Grand Vacations Club^® and The Hilton Club^®, providing exclusive exchange, leisure travel and reservation services for more than 295,000 Club Members. For more information, visit www.hgv.com and www.hiltongrandvacations.com.

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Hilton Grand Vacations expands urban footprint with fifth New York City property

May 8, 2019

ORLANDO, Fla. (May 8, 2019) – Hilton Grand Vacations Inc. (NYSE:HGV), announces its fifth New York City property, The Central at 5th by Hilton Club. The ground-up, 34-story project developed by Hidrock Properties exclusively for HGV, is a result of HGV’s continued efforts to deliver new product offerings in highly coveted urban and vacation destinations.

“New York City has long been a top travel destination for our owners and guests,” says Mark Wang, president and CEO of Hilton Grand Vacations. “As current and potential owners reiterate the importance of vacation ownership opportunities in the Big Apple, we are thrilled to provide them with a premier new property that is ideally positioned near some of the best attractions the city has to offer. We are confident that this expansion will drive our Net Owner Growth by fulfilling the desires of current and future owners.”

The Central at 5th is situated on East 48th Street mid-block between Fifth Avenue and Madison Avenue, and located just steps from the world-class shops of Fifth Avenue and renowned attractions like Rockefeller Center, Radio City Music Hall and the Theater District. Resort amenities are expected to include a fitness center, outdoor terrace and private owners’ lounge.

HGV will acquire the property in two phases consisting of a total of 161 studio and one-bedroom units. The resort is anticipated to open in spring of 2020. Sales began in March 2019.

“Hidrock is proud to continue developing first class projects in New York City, and we are extremely excited to be adding this exceptional property to the Hilton Grand Vacations portfolio,” says Abie Hidary, CEO of Hidrock.

Joseph Ginex, chief development officer of Hidrock adds, “The collaborative effort with HGV has allowed our design team to create a unique facade and interiors, which will make this property one of the premier timeshares in Manhattan.”

HGV’s commitment to enhance its urban portfolio in New York City has led the company to develop several product offerings in the market. Last year, HGV opened The Residences by Hilton Club and acquired The Quin Central Park by Hilton Club – a well-known luxury lifestyle hotel in Midtown Manhattan that will be converted into 213 studios and one- and two-bedroom timeshare units. Additional HGV properties in New York City include The Hilton Club – New York, which opened in 2003, and West 57th by Hilton Club, which opened in 2009.

Important Notice

The statements in this press release that are not historical facts may be forward-looking statements. These forward looking statements involve substantial risks and uncertainties that could cause the outcome to be materially different. Words such as “may,” “will,” “seeks,” “anticipates,” “believes,” “estimates,” “expects,” “plans,” “intends,” “would,” or similar expressions indicate a forward-looking statement, however, not all forward-looking statements include these identifying words. Actual results may differ materially from those contemplated by such forward-looking statements, including those set forth in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of HGV’s most recent Annual Report on Form 10-K, as such Risk Factors may be updated from time to time in subsequent reports. Further, forward-looking statements speak only as of the date they are made, and HGV undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time, except as required by law.

About Hilton Grand Vacations Inc.

Hilton Grand Vacations Inc. (NYSE: HGV) is recognized as a leading global timeshare company. With headquarters in Orlando, Florida, HGV develops, markets and operates a system of brand-name, high-quality vacation ownership resorts in select vacation destinations. The company also manages and operates two innovative club membership programs: Hilton Grand Vacations Club and The Hilton Club, providing exclusive exchange, leisure travel and reservation services for more than 310,000 club members. For more information, visit https://www.hgv.com and www.hiltongrandvacations.com.

About Hidrock Properties

Hidrock Properties is a fully integrated, commercial real estate investment and development company with experience across multiple property sectors in New York City and the metropolitan area. Formed in the 1980s, over the last decade Hidrock has acquired or developed assets valued at over $2 billion, including residential, office, retail and award winning hospitality properties. Hidrock acquires and builds projects with a long-term view towards ownership, which enables it to consistently deliver the highest level of quality and has earned it a reputation for its experience and integrity in the New York real estate community and beyond.

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Hilton Grand Vacations named a top company to work for in Central Florida

August 12, 2019

ORLANDO, Fla. – Hilton Grand Vacations Inc. (NYSE:HGV) announces it ranked fourth in the “Top Large Workplaces” category on Orlando Sentinel’s “Top Workplaces” list, which recognized 80 outstanding companies to work for in Central Florida.

This is HGV’s second consecutive year on the Orlando Sentinel’s prestigious list since becoming an independent, public company in January 2017. In total, this marks the eighth time the company has received this honor.

“Every day, our outstanding team members live our values of Hospitality, Integrity, Leadership, Teamwork, Ownership and Now,” says Mark Wang, president and CEO of Hilton Grand Vacations. “It is through their hard work and dedication that we are able to fulfill our vision of inspiring people to go further and share more. Congratulations to everyone who makes HGV a great place to work.”

Companies across Central Florida entered the two-part submission process. The companies are ranked based on feedback gathered from an employee survey as well as an entry focusing on the organization’s culture, leadership, benefits and more.

About Hilton Grand Vacations, Inc.

Hilton Grand Vacations Inc. (NYSE:HGV) is recognized as a leading global timeshare company. With headquarters in Orlando, Florida, Hilton Grand Vacations develops, markets and operates a system of brand-name, high-quality vacation ownership resorts in select vacation destinations. The Company also manages and operates two innovative club membership programs: Hilton Grand Vacations Club® and The Hilton Club®, providing exclusive exchange, leisure travel and reservation services for more than 315,000 Club Members. For more information, visit http://www.hgv.com and www.hiltongrandvacations.com.

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Hilton Grand Vacations named top company in Hawaii by Hawaii Business Magazine

August 20, 2019

Vacation-ownership company ranks 26th on Hawaii Business Magazine’s ‘Top 250’ list

HONOLULU – Hilton Grand Vacations Inc. (NYSE:HGV) announces it was ranked 26^th on Hawaii Business Magazine’s “Top 250” list, which highlights the state’s largest companies based on gross sales, a key indicator of market dominance and influence. Additionally, the company was the highest-ranking timeshare business on this year’s list.

This is HGV’s first time on the list since becoming an independent, public company in January 2017.

“Hawaii is a highly sought-after destination and continues to be one of the most desirable markets for both U.S.-based and international owners and guests,” says Derek Kanoa, senior vise president, sales Hawaii Hilton Grand Vacations. “The region houses one of the largest portfolio of resorts for Hilton Grand Vacations. We opened our ninth property in Hawaii, Ocean Tower by Hilton Grand Vacations Club, in early 2018.  With two new properties in Waikiki and Maui currently under development, we look forward to continuing to expand our footprint in Hawaii.”

Businesses are selected for the list through public sources, such as filings with the federal Securities and Exchange Commission, reports from the Department of Commerce and Consumer Affairs and current investor relations reports.

About Hilton Grand Vacations, Inc.
Hilton Grand Vacations Inc. (NYSE:HGV) is recognized as a leading global timeshare company. With headquarters in Orlando, Florida, Hilton Grand Vacations develops, markets and operates a system of brand-name, high-quality vacation ownership resorts in select vacation destinations. The Company also manages and operates two innovative club membership programs: Hilton Grand Vacations Club® and The Hilton Club®, providing exclusive exchange, leisure travel and reservation services for more than 315,000 Club Members. For more information, visit http://www.hgv.com and www.hiltongrandvacations.com.

GRAND Parental Leave Program Announcement

September 1, 2019

We’re excited to announce a grand update to our Parental Leave Program and Adoption Benefits (for U.S. Team Members), effective September 1.

At Hilton Grand Vacations, we know that welcoming a new family member is one of the most important experiences in anyone’s life. We are here to support our Team Members through this special time, which is why birth and adoptive mothers and fathers will now have a total of 12 weeks fully paid time off after welcoming a new child.

“Every day, we strive to put our people first. As a result, we have developed one of the most comprehensive parental leave programs in the country.” Hear more about this exciting new offering from our Vice President of Health and Well Being, Ted Nelson, here. To learn more about Hilton Grand Vacations’ other extensive benefit offerings, visit our benefits website.