Hilton Grand Vacations (NYSE:HGV), founded in 1992 and headquartered in Orlando, Florida, is a leading global timeshare company and a spin-off from Hilton Worldwide Holdings Inc. The company develops, markets and operates a network of vacation ownership resorts under the Hilton Grand Vacations brand. Since its separation in 2017, Hilton Grand Vacations has grown its portfolio through strategic acquisitions and organic resort development to enhance its offerings and expand its presence in key leisure destinations.
The core business of Hilton Grand Vacations centers on the sale of vacation ownership interests, which provide members with the right to enjoy stays at resort properties through a points-based system. These properties range from urban high-rise condominiums to beachfront and mountain resorts, catering to diverse travel preferences. In addition to timeshare sales, the company offers exchange opportunities through partnerships with external vacation networks, allowing members to trade their allotted time at Hilton Grand Vacations resorts for stays at other affiliated destinations.
Hilton Grand Vacations’ portfolio spans North America, Europe and Asia Pacific, with major markets including the United States, Italy and Japan. Signature resorts are located in vacation hotspots such as Las Vegas, Hawaii, Orlando and Phuket, providing a mix of family-oriented, romantic and adventure-driven experiences. The company’s resort management services encompass on-site hospitality, guest services, housekeeping and property maintenance, ensuring brand consistency and high standards of service across its global footprint.
Under the leadership of President and Chief Executive Officer Mark Wang, Hilton Grand Vacations focuses on product innovation, member engagement and strategic partnerships to drive long-term growth. The management team emphasizes sustainable practices in resort development and operations, aiming to enhance guest experiences while minimizing environmental impact. With a commitment to delivering premium vacation experiences and fostering a loyal membership base, Hilton Grand Vacations continues to strengthen its position in the vacation ownership industry.
