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Hilton Grand Vacations Inc - HGV STOCK NEWS

Welcome to our dedicated news page for Hilton Grand Vacations (Ticker: HGV), a resource for investors and traders seeking the latest updates and insights on Hilton Grand Vacations.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Hilton Grand Vacations's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Hilton Grand Vacations's position in the market.

News
Hilton Grand Vacations Wins Eight ARDA Awards
Rhea-AI Summary
Hilton Grand Vacations Inc. (NYSE:HGV) has been honored with eight awards in the 2024 American Resort Development Association (ARDA) Awards Program, including two prestigious ARDA Circle of Excellence (ACE) Awards for Project of Excellence and Philanthropy and Community Service. The company's Elara property in Las Vegas received the ACE Project of Excellence award, and they were recognized for their impactful response to the Maui wildfire relief efforts. CEO Mark Wang expressed pride in the team's hard work and dedication, emphasizing the company's commitment to excellence and putting people first. HGV's success in various categories over the years reflects the recognition of their team members' efforts and achievements.
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Hilton Grand Vacations and Great Wolf Lodge Partner to Offer New Travel Experiences for Families
Rhea-AI Summary
Hilton Grand Vacations (HGV) partners with Great Wolf Lodge to offer new travel experiences for families, allowing HGV members to stay at Great Wolf Lodge locations using club points and introducing Great Wolf Lodge guests to HGV's vacation offerings. The partnership enhances family travel options, strengthens HGV's position in experiential travel, and aims to deepen relationships with existing members while attracting new customers.
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Hilton Grand Vacations Unveils 2024 Brand Ambassadors to Headline Exclusive Member Experiences
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Hilton Grand Vacations (HGV) unveils its 2024 Brand Ambassadors, including Annika Sörenstam, Joey Fatone, Katharine McPhee, and others, to enhance exclusive member experiences. The company aims to offer unique events like concerts, sporting events, and private chef dinners to its members, leading the industry in experiential travel. The partnerships with brand ambassadors will help expand HGV's vacation offerings and reach a broader audience, with upcoming events planned in Las Vegas, Orlando, Honolulu, and Myrtle Beach.
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-1.1%
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Hilton Grand Vacations Successfully Reprices Term Loan B
Rhea-AI Summary
Hilton Grand Vacations Inc. (NYSE:HGV) successfully re-prices its $1.3 billion Term Loan B, reducing pricing by 25 basis points and removing credit spread adjustment. The company aims to save over $4.5 million annually, leveraging its strong balance sheet for strategic priorities.
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Hilton Grand Vacations Elevates Dan Mathewes to President and Chief Financial Officer, Appoints Dusty Tonkin as EVP, Chief Sales & Marketing Officer
Rhea-AI Summary
Hilton Grand Vacations Inc. (NYSE:HGV) announced the promotion of Dan Mathewes to president and CFO, while Dusty Tonkin is named EVP, chief sales & marketing officer. Mathewes will focus on integrating the recent acquisition of Bluegreen Vacations, aiming for market expansion and efficiency enhancement. Tonkin brings 28 years of industry experience to lead global sales & marketing, following his successful tenure at Bluegreen Vacations and Wyndham Destinations.
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Hilton Grand Vacations Wins National Top Workplace Recognition
Rhea-AI Summary
Hilton Grand Vacations Inc. (HGV) has been recognized as a national winner of the 2024 Top Workplaces USA awards for its people-first culture and robust benefits packages. The company made its debut on the list, highlighting its outstanding workplace culture. HGV team members participated in an annual survey and emphasized the company's commitment to prioritizing and empowering its employees. The recognition follows a year of growth for HGV, including significant acquisitions and partnerships. HGV continues to invest in its workforce and is actively seeking new talent to join its team.
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Hilton Grand Vacations Partners with American Red Cross to Support Urgent Disaster Relief for “Early Giving Day” Campaign
Rhea-AI Summary
Hilton Grand Vacations Inc. partners with the American Red Cross for the third annual 'Early Giving Day' fundraiser campaign, matching donations dollar-for-dollar up to $50,000. The initiative aims to support disaster relief efforts following a year of costly weather-related disasters in the U.S. totaling over $92 billion. HGV's commitment to community resilience and disaster relief reflects its ongoing corporate social responsibility efforts.
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Hilton Grand Vacations Reports Fourth Quarter and Full Year 2023 Results
Rhea-AI Summary
Hilton Grand Vacations Inc. (NYSE: HGV) reports its Q4 and full-year 2023 results, with total contract sales at $572 million. The company faced challenges from Maui wildfires and a sales system outage, impacting revenues. Net income for Q4 was $68 million, with adjusted net income at $111 million. Adjusted EBITDA was $270 million, affected by deferrals and challenges. The company repurchased shares worth $99 million and expects 2024 Adjusted EBITDA to be $1.2-$1.26 billion.
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-7.73%
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Hilton Grand Vacations to Report Fourth Quarter and Full Year 2023 Results
Rhea-AI Summary
Hilton Grand Vacations Inc. (HGV) will report Q4 and full-year 2023 financial results on Feb. 29, 2024. The teleconference at 11 a.m. (ET) can be accessed online or via phone. Replay available until March 7, 2024.
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Lydia Ko Wins 2024 Hilton Grand Vacations Tournament of Champions, Jeff McNeil Claims Celebrity Title
Rhea-AI Summary
Hilton Grand Vacations Inc. (NYSE:HGV) extends its partnership with LPGA for five years, increasing the tournament purse to $2.5 million by 2029. Lydia Ko wins the 2024 Hilton Grand Vacations Tournament of Champions at Lake Nona Golf & Country Club. MLB All-Star Jeff McNeil emerges as the celebrity field champion. Ko secures the Professional Title, marking her 20th LPGA Tour win. The tournament integrates HGV Serves CSR program, making a $100,000 donation to the ANNIKA Foundation and inviting youth from Boys & Girls Clubs of Central Florida.
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Stock HGV logo
Hilton Grand Vacations Inc

NYSE:HGV

HGV Rankings

#1246 Ranked by Market Cap
#2606 Ranked by Stock Gains
N/A Ranked by Dividends

HGV Stock Data

4.56B
53.58M
1.35%
103.34%
4.36%
Hotels (except Casino Hotels) and Motels
Accommodation and Food Services
Link
US
Orlando

About HGV

hilton grand vacations company, llc, is a division of hilton hotels corporation, recognized as the leading global hospitality company. headquartered 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 127,000 club members. hilton grand vacations provides comprehensive on-site management services to all club resorts, including the operation of owner rental programs, resort recreational programs and retail outlets. additionally the company operates one of the industry’s most successful resale programs for its managed resort properties.