Company Description
Hilton Grand Vacations Inc. (NYSE: HGV) is a global timeshare and vacation ownership company and the exclusive vacation ownership partner of Hilton. Headquartered in Orlando, Florida, the company develops, markets and operates a system of brand-name, vacation ownership resorts in select vacation destinations. According to its public disclosures, Hilton Grand Vacations focuses on delivering high-quality vacation experiences for guests and a large base of Club Members through branded resorts and membership programs.
Hilton Grand Vacations operates through two primary business segments: Real Estate Sales and Financing, and Resort Operations and Club Management. The Real Estate Sales and Financing segment generates revenue from the sale of vacation ownership interests (VOIs) and from financing those purchases through timeshare loans. The Resort Operations and Club Management segment focuses on managing the resorts and vacation clubs, including club membership services and related fees. Company filings highlight that a significant portion of total revenue is earned through the Real Estate Sales and Financing segment.
In its Real Estate Sales and Financing activities, Hilton Grand Vacations reports contract sales of VOIs, financing revenue from its originated portfolio of timeshare loans, and fee-for-service commissions, package sales and other fees. The company also utilizes securitization and non-recourse credit markets to finance timeshare loans, as reflected in term note securitizations completed through entities such as Hilton Grand Vacations Trust and Hilton Grand Vacations Japan Trust. These securitizations are used to monetize timeshare receivables and support liquidity and capital allocation.
Within Resort Operations and Club Management, Hilton Grand Vacations reports segment revenues and Adjusted EBITDA related to managing its system of resorts and clubs. The company’s disclosures describe a substantial contract sales pipeline, including owned inventory and fee-for-service inventory that is either currently available for sale or planned to be made available at future or existing projects. This structure supports ongoing VOI sales and membership growth over time.
Hilton Grand Vacations emphasizes its role as a vacation ownership partner of Hilton and describes itself in company materials as a premier vacation ownership and experiences company. The business is built around branded vacation ownership resorts and membership programs that offer flexibility and access to select vacation destinations. The company also highlights its reputation for delivering a consistent standard of service and memorable vacation experiences for guests and hundreds of thousands of Club Members worldwide.
Beyond core timeshare sales and resort management, Hilton Grand Vacations has developed an experiential platform known as HGV Ultimate Access. Company news describes HGV Ultimate Access as an experience platform that offers thousands of distinct offerings each year, connecting members and guests through sport, travel, live entertainment and other events. Examples include the Hilton Grand Vacations Tournament of Champions, an LPGA Tour season-opening golf event that combines professional competition with celebrity participants and a private concert series, and the HGV Clubhouse at the FORMULA 1 HEINEKEN LAS VEGAS GRAND PRIX, an all-inclusive, trackside hospitality experience.
Hilton Grand Vacations also reports on its capital allocation and financing strategies in its financial releases and SEC filings. These include share repurchase programs authorized by its board of directors, the use of securitizations of timeshare loans to generate cash flow, and the use of non-recourse debt facilities such as a timeshare facility and revolving credit facilities. The company discloses metrics such as contract sales, segment revenues, Adjusted EBITDA, construction-related deferrals and recognitions under ASC 606, and the estimated value of its total contract sales pipeline.
According to its public statements, membership with Hilton Grand Vacations provides programs, services and flexibility for members around the world. The company positions its membership offering as providing exclusive services and a high level of flexibility in how members use their vacation ownership. Its resorts operate under the Hilton Grand Vacations brand, and the company notes that it is recognized as a leading global timeshare company in its sector.
Business Segments and Operations
Real Estate Sales and Financing encompasses VOI sales, contract sales metrics, and financing revenues from timeshare loans. Company disclosures describe contract sales growth over time, changes in tours and volume per guest (VPG), and the mix between owned and fee-for-service contract sales. Financing revenue is influenced by the average balance of the originated portfolio and the amortization of premiums on acquired timeshare financing receivables.
Resort Operations and Club Management covers management of resorts and club activities, including revenues and Adjusted EBITDA associated with these operations. The segment benefits from the ongoing management of vacation ownership resorts and the services provided to Club Members.
Experiential and Event-Based Offerings
Hilton Grand Vacations highlights several high-profile experiential offerings tied to its HGV Ultimate Access platform. The Hilton Grand Vacations Tournament of Champions is described as a flagship event that opens the LPGA Tour season, pairing LPGA champions with celebrity athletes and entertainers and featuring a multi-night concert series. The company also partners with the FORMULA 1 HEINEKEN LAS VEGAS GRAND PRIX, hosting an HGV Clubhouse with trackside viewing, dining and live performances. These events are presented as exclusive experiences for members, guests and sponsors.
Capital Markets and Financing Activities
Company news and SEC filings describe multiple securitizations of timeshare loans through dedicated trusts, with classes of notes issued to investors. Proceeds from these securitizations are used to pay down debt and for general corporate purposes. Hilton Grand Vacations also discloses share repurchase activity under board-authorized repurchase plans, and provides information on its corporate and non-recourse debt, cash and restricted cash balances, and borrowing capacity under various credit facilities.
Corporate Developments
Hilton Grand Vacations has reported the acquisition of Bluegreen Vacations Holding Corporation, with related audited financial statements and pro forma financial information filed with the SEC. The company also provides regular quarterly earnings updates via press releases and Form 8-K filings, covering results of operations, segment performance and construction-related revenue deferrals and recognitions.
FAQs about Hilton Grand Vacations Inc. (HGV)
Stock Performance
Hilton Grand Vac (HGV) stock last traded at $41.64, down 4.25% from the previous close. Over the past 12 months, the stock has gained 9.2%, ranking #862 in 52-week price change. At a market capitalization of $3.4B, HGV is classified as a mid-cap stock with approximately 81.3M shares outstanding.
Latest News
Hilton Grand Vac has 10 recent news articles, with the latest published 2 days ago. Of the recent coverage, 5 articles coincided with positive price movement and 5 with negative movement. Key topics include earnings, earnings date, conferences. View all HGV news →
SEC Filings
Hilton Grand Vac has filed 5 recent SEC filings, including 2 Form 4, 1 Form ARS, 1 Form DEF 14A, 1 Form 8-K. The most recent filing was submitted on March 17, 2026. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all HGV SEC filings →
Financial Highlights
Hilton Grand Vac generated $5.0B in revenue over the trailing twelve months, and net income was $81.0M, reflecting a 1.6% net profit margin. Diluted earnings per share stood at $0.89. The company generated $300.0M in operating cash flow.
Upcoming Events
Short Interest History
Short interest in Hilton Grand Vac (HGV) currently stands at 6.0 million shares, up 12.9% from the previous reporting period, representing 10.9% of the float. Over the past 12 months, short interest has decreased by 15.9%. This moderate level of short interest indicates notable bearish positioning. The 8.2 days to cover indicates moderate liquidity for short covering.
Days to Cover History
Days to cover for Hilton Grand Vac (HGV) currently stands at 8.2 days, up 8.6% from the previous period. This moderate days-to-cover ratio suggests reasonable liquidity for short covering, requiring about a week of average trading volume. The ratio has shown significant volatility over the period, ranging from 3.3 to 9.6 days.
HGV Company Profile & Sector Positioning
Hilton Grand Vac (HGV) operates in the Resorts & Casinos industry within the broader Hotels, Rooming Houses, Camps & Other Lodging Places sector and is listed on the NYSE. In monthly performance, the stock ranks #731 among all tracked companies.
Investors comparing HGV often look at related companies in the same sector, including Melco Resorts And Entmnt Ltd (MLCO), Marriott Vacations Worldwide C (VAC), Vail Resorts (MTN), Penn Ent (PENN), and Red Rock Resorts Inc (RRR). Comparing financial metrics, valuation ratios, and stock performance across these peers can help investors evaluate HGV's relative position within its industry.