Hilton Grand Vacations Reports Third-Quarter 2017 Results

November 1, 2017

ORLANDO, Fla. (Nov. 1, 2017) Hilton Grand Vacations Inc. (NYSE:HGV) (“HGV” or the “Company”) today reported its third-quarter and nine-months 2017 results. Highlights include:
  • EPS was $0.43 for the third quarter, a 22.9 percent increase from the same period in 2016.
  • Net income for the third quarter was $43 million, a 22.9 percent increase from the same period in 2016.
  • Adjusted EBITDA for the third quarter was $94 million, a 1.1 percent increase from the same period in 2016.
  • Contract sales for the third quarter increased 6.5 percent from the same period in 2016.
  • Net Owner Growth (NOG) for the 12 months ending Sept. 30, 2017, was 7.1 percent.
  • Subsequent to the third quarter, the Company acquired the remaining inventory and other assets of Sunrise Lodge, a Hilton Grand Vacations Club, located in Park City, Utah.
  • Pursuant to the Company’s effective shelf registration, HGV announced the pricing of 5.1 million secondary common shares, at a price per share of $35.91, by certain selling stockholders affiliated with The Blackstone Group L.P.

Click here to view the full release

Search News

Media Kit

Media Contact

L‍auren George
Senior Manager, External Communications
Hilton Grand Vacations

P: 1-407-613-8431 
E: lauren.george@hgv.com

X
Cookies help us improve your website experience.
By using our website, you agree to our use of cookies.
Confirm