Hilton Grand Vacations JV to Develop SC Resort

In a partnership with Strand Capital Group, the company will invest $10 million in the Liberty Place Charleston by Hilton Club, its first property in the Charleston market.

Hilton Grand Vacations Inc. and Strand Capital Group have formed a joint venture to develop Liberty Place Charleston by Hilton Club resort in Charleston,S.C. The resort will be HGV’s first asset in Charleston.  

“Charleston is a highly desirable market, and adding this property to our portfolio advances all of our strategic priorities, especially growing our member base and expanding our brand presence,”said Mark Wang, president & CEO of Hilton Grand Vacations, in a prepared statement. “HGV continues to deploy resources and add new destinations, which is a key driver of Net Owner Growth as it attracts new owners and increases product options for our existing owners.” ...

Source: CP Executive

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