HGV Reports Full-Year and Fourth Quarter 2018 Results

Nasdaq (2/27) shares the press release announcing Hilton Grand Vacations’ full year and fourth quarter 2018 results. Full year highlights include total revenues of $2.0 billion, net income of $298 million and diluted EPS of $3.05. Adjusted EBITDA was $503 million, contract sales increased 10.6 percent and Net Owner Growth (NOG) was...

Read more

Hilton Grand Vacations Opens Ocean Tower by Hilton Grand Vacations Club

Stockwatch (2/7) shares HGV’s press release announcing the opening of Ocean Tower by HGV and hosting a traditional Hawaiian blessing and ceremony. It notes that this is HGV’s fourth property in Waikoloa.   This release also appears on Business Insider (2/7), Finanzen.ch (2/7), Market Screener (2/7), Digital Journal (2/7), Nasdaq (2/7), Global Banking & Finance Review (2/7), Wall Street Online (2/7), Business Insider (2/7), Morning Star (2/7), Herald Chronicle (2/7), DMN Newswire (2/7), World...

Read more

Hilton Grand Vacations to Expand Hawaii Portfolio, Offer First Property on Maui

Nasdaq (1/25) carries a press release announcing Maui Bay Villas by Hilton Grand Vacations.   Additional coverage provided by: Pacific Business News (1/25), Hotel Business (1/25), Hotel News Resource (1/25), WorldNews.se (1/25), The Business Journals (1/25), Perspective Magazine (1/25), Wallstreet Online (1/25), WBTW News13 (1/25), Global Banking & Finance Review (1/25), Barchart (1/25), Benzinga (1/25), Digital Journal (1/25), Elk Valley Times (1/25), Finanzen.ch (1/25), Markets Insider (1/25), MarketScreener.com (1/25), Morningstar.com (1/25), The Maui News (1/26), Travel and Tour World (1/28), Maui Now (1/28),  Inside...

Read more

Hilton Grand Vacations promotes Pam Fredel to vice president, asset and relationship management

HotelNewsResource.com (1/16) carries a press release announcing that Pam Fredel was promoted to vice president, asset and relationship management.   Additional coverage provided by: Hospitality Trends (1/16), Manchester Times (1/16), Elk Valley Times (1/16), The Business Journals (1/16), SC Now (1/16), WBTW.com (1/16), OA Online (1/16),   Benzinga.com (1/16), Business Insider (1/16), Stockwatch (1/16), Finanzen.net (1/16), Nasdaq (1/16), Digital Journal (1/16), Inside the...

Read more

HGV appoints Tim Loughman as East Coast vice president of resort operations

Business Insider (1/10) carries a press release announcing that Tim Loughman has been appointed as East Coast area vice president of resort operations.   Additional coverage provided by: Stockwatch (1/10), Nasdaq (1/10), Finanzen.net (1/10), WallStreetOnline (1/10), VBProfiles (1/10), MarketScreener.com (1/10),Predict Wall Street (1/10), Press of Atlantic City (1/10), AvanzaBank (1/10),...

Read more

Hilton Grand Vacations’ investor day to highlight dynamic value creation strategies

NASDAQ (12/4) carries an HGV press release announcing it will host its annual “investor day in New York City today to discuss the company’s strategy and financial outlook.” The company’s “senior leadership team, including Mark Wang, president and CEO; Allen Klingsick, chief accounting officer; Sherri Silver, chief marketing officer; Stan...

Read more

Hilton Grand Vacations increases credit facility to $1 billion

Barchart (11/28) is reporting that HGV has increased its credit facility to $1 billion. The company “refinanced and increased the capacity under the existing revolving facility by $600 million to $800 million. As of the transaction close, $745 million remains available under the revolver.”   Also reporting are Business Insider (11/28, GmbH),...

Read more

Hilton Grand Vacations appoints Daniel J. Mathewes as chief financial officer

The Associated Press (11/27) carries an HGV press release announcing the appointment of Daniel J. Mathewes as CFO. Mathewes “brings extensive global finance experience to the company and will serve a critical role as a business partner across the executive team to develop and implement HGV’s corporate and financial strategies to...

Read more

Hilton Grand Vacations announces stock repurchase program

Barchart (11/28) carries an HGV press release announcing HGV’s board has approved a new buyback program for up to $200 million worth of shares. In a statement, HGV CEO Mark Wang said, “Given the positive trajectory of our business and flexibility provided by our new credit facility, we’re pleased to...

Read more

Gordon Gurnik named executive vice president, chief operating officer for Hilton Grand Vacations

Business Insider (11/19) reports Hilton Grand Vacations has appointed Gordon Gurnik as its new COO, effective December 3. In his new role, “Gurnik will be responsible for leading global delivery and execution of enterprise-wide business operations; shared services; new product development; sales and marketing in Asia; and information technology services.”...

Read more