Welcome to our dedicated page for Hilton Grand Vac news (Ticker: HGV), a resource for investors and traders seeking the latest updates and insights on Hilton Grand Vac stock.
Hilton Grand Vacations Inc. (NYSE: HGV) generates a steady flow of news through its activities as a global timeshare and vacation ownership company headquartered in Orlando, Florida. As the exclusive vacation ownership partner of Hilton, the company regularly issues updates on financial performance, capital markets activity, experiential events and strategic developments that are relevant to investors and followers of the hospitality and vacation ownership sector.
News about Hilton Grand Vacations often includes quarterly earnings releases, where the company reports contract sales, segment revenues, Adjusted EBITDA, construction-related revenue deferrals and recognitions, and details on its Real Estate Sales and Financing and Resort Operations and Club Management segments. These releases are typically furnished to the SEC on Form 8-K and provide insight into trends in VOI sales, financing revenue and resort operations.
Another key news category involves financing and securitization transactions. Hilton Grand Vacations frequently announces term note securitizations of timeshare loans through trusts such as Hilton Grand Vacations Trust and Hilton Grand Vacations Japan Trust. These updates describe the size and structure of the securitizations, coupon rates on various classes of notes, and the intended use of proceeds, such as paying down debt and supporting general corporate purposes.
The company also issues news about experiential and sponsorship initiatives tied to its HGV Ultimate Access platform. Examples include announcements related to the Hilton Grand Vacations Tournament of Champions, an LPGA Tour season opener that combines professional golf with celebrity participants and a private concert series, and the HGV Clubhouse at the FORMULA 1 HEINEKEN LAS VEGAS GRAND PRIX, a trackside hospitality experience with live entertainment. These stories highlight how Hilton Grand Vacations integrates travel, sports and live entertainment into its member offerings.
Additional news items may cover share repurchase authorizations and activity, secondary offerings by existing stockholders, and the filing of financial information related to acquisitions such as Bluegreen Vacations Holding Corporation. For investors and observers, following HGV news provides visibility into the company’s operating performance, capital structure decisions and evolving portfolio of vacation ownership and experiential offerings.
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Hilton Grand Vacations Inc. (NYSE:HGV) will report its Q1 2023 financial results on April 27, 2023, before the markets open. A teleconference will follow at 11 a.m. ET, allowing participants to join via the HGV Investor Relations website.
Investors can dial in by phone at 1-877-407-0784 (U.S./Canada) or +1-201-689-8560 (international) about 15 minutes prior to the start. A replay will be available post-call until May 4, 2023, by calling 1-844-512-2921 (U.S.) or +1-412-317-6671 (international) using ID# 13735179.
For more information, visit www.corporate.hgv.com.
Hilton Grand Vacations Inc. (NYSE:HGV) has achieved a significant legal victory in its lawsuit against third-party timeshare exit companies accused of false advertising. The federal court ruling determined that these companies misled timeshare owners into believing they could exit their contracts legally, often charging hefty fees exceeding
Hilton Grand Vacations (HGV) is launching its second annual fundraising campaign with the American Red Cross, coinciding with Red Cross Giving Day on March 22. The initiative, dubbed 'Early Giving Day', will match public donations up to $50,000 on March 14 to support disaster relief. Each year, natural disasters in the U.S. cause over $150 billion in damages. HGV's partnership aims to assist the Red Cross in providing essential aid to disaster-affected communities. This initiative showcases HGV's commitment to corporate social responsibility and community support through its HGV Serves program.
Hilton Grand Vacations (NYSE: HGV) reported strong fourth quarter 2022 results with total revenues of $992 million, up from $838 million in 2021. Contract sales reached $634 million, reflecting a 21.9% increase in tours. Net income improved to $78 million from $75 million a year prior, with diluted EPS rising to $0.67. Adjusted EBITDA was $252 million, slightly down from $264 million in Q4 2021. The company repurchased 2.5 million shares for $100 million during the quarter. Looking ahead, HGV forecasts 2023 Adjusted EBITDA between $1,090 million and $1,120 million.
Hilton Grand Vacations (NYSE:HGV) will announce its financial results for Q4 and full year 2022 on March 1, 2023, before markets open. This will be followed by a teleconference at 11 a.m. ET. Investors can access the live webcast through the HGV Investor Relations website. For phone access, dial 1-877-407-0784 in the U.S. or +1-201-689-8560 internationally. A replay of the call will be available three hours after its completion until March 8, 2023. The company specializes in vacation ownership resorts and caters to over 725,000 owners globally. More information is available at http://investors.hgv.com.
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Hilton Grand Vacations (HGV) announces its Tournament of Champions set for January 19-22, 2023, at Lake Nona Golf & Country Club in Orlando, Florida, featuring 30 top LPGA players competing for a
Hilton Grand Vacations (NYSE:HGV) will host the 2023 HGV Tournament of Champions in Orlando, featuring approximately 50 celebrities alongside LPGA professionals. This star-studded event will take place from January 19-22, 2023, with a total prize pool of $2 million. Notable participants include Roger Clemens, Annika Sörenstam, and Vince Carter. The tournament aims to boost women’s golf visibility and will be televised on NBC and Golf Channel. HGV's commitment to experiential events continues with entertainment from renowned artists.