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17.07.25 - 22:21
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Hilton Grand Vacations to Report Second Quarter 2025 Results (Business Wire)
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ORLANDO, Fla.--(BUSINESS WIRE)--Hilton Grand Vacations Inc. (NYSE:HGV) announces it will report financial results for the second quarter of 2025 before the financial markets open on Thursday, July 31, 2025, followed by a teleconference at 11 a.m. (ET).
Participants are encouraged to listen to the live webcast by logging onto the HGV Investor Relations website at http://investors.hgv.com/events-and-presentations.
To access the live teleconference via phone, please dial 1-877-407-0784 in the U.S./Canada (or +1-201-689-8560 internationally) approximately 15 minutes prior to the teleconference's start time. In the event of audio difficulties during the call on the toll-free number, participants are advised that accessing the call using the +1-201-689-8560 dial-in number may bypass the source of audio difficulties.
A replay will be available beginning three hours after the teleconference's completion through Aug. 14, 2025. To access the replay, please dial 1-844-512-2921 in the U.S. (+1-412-317-6671 internat...
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18.06.25 - 22:18
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Hilton Grand Vacations Completes $300 Million Term Securitization (Business Wire)
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ORLANDO, Fla.--(BUSINESS WIRE)--Hilton Grand Vacations Inc. (NYSE:HGV) announces today the completion of a $300 million securitization of timeshare loans through Hilton Grand Vacations Trust 2025-1 (“the Trust” or “HGVT”). Three classes of Notes were issued by the Trust, including approximately $166.5 million of Class A Notes, approximately $87 million of Class B Notes and approximately $46.5 million of Class C Notes.
The Class A Notes have a coupon rate of 4.88%, the Class B Notes have a coupon rate of 5.18%, and the Class C Notes have a coupon rate of 5.52%, for an overall weighted average coupon rate of 5.07%, and an overall advance rate of 97%.
“We continue to see robust investor demand for paper issued on our HGVT platform with peak oversubscription reaching approximately 12x during the marketing process,” said Dan Mathewes, president and chief financial officer of Hilton Grand Vacations. “The ability to issue notes at attractive rates in this environment is testament to the strength of...
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01.05.25 - 14:06
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Hilton Grand Vacations Reports First Quarter 2025 Results (Business Wire)
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ORLANDO, Fla.--(BUSINESS WIRE)--Hilton Grand Vacations Inc. (NYSE: HGV) (“HGV” or “the Company”) today reports its first quarter 2025 results.
First Quarter of 2025 highlights1
Total contract sales were $721 million, an increase of 14% compared to the first quarter of 2024, or 10% on a pro forma basis.
Member count was 725,000. Consolidated Net Owner Growth (NOG) for the 12 months ended March 31, 2025, was 0.9%.
Total revenues for the first quarter of 2025 were $1.148 billion compared to $1.156 billion for the same period in 2024.
Total revenues were affected by a net deferral of $126 million in the current period compared to a net recognition of $2 million in the same period in 2024.
Net loss attributable to stockholders for the first quarter was $(17) million compared to $(4) million net loss attributable to stockholders for the same period in 2024.
Adjusted net income attributable to stockholders for the first quarter was $9 million compared to $99 million for the same period in 2024.
Net incom...
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17.04.25 - 22:21
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Hilton Grand Vacations to Report First Quarter 2025 Results (Business Wire)
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ORLANDO, Fla.--(BUSINESS WIRE)--Hilton Grand Vacations Inc. (NYSE:HGV) announces it will report financial results for the first quarter of 2025 before the financial markets open on Thursday, May 1, 2025, followed by a teleconference at 11 a.m. (ET).
Participants are encouraged to listen to the live webcast by logging onto the HGV Investor Relations website at http://investors.hgv.com/events-and-presentations.
To access the live teleconference via phone, please dial 1-877-407-0784 in the U.S./Canada (or +1-201-689-8560 internationally) approximately 15 minutes prior to the teleconference's start time. In the event of audio difficulties during the call on the toll-free number, participants are advised that accessing the call using the +1-201-689-8560 dial-in number may bypass the source of audio difficulties.
A replay will be available beginning three hours after the teleconference's completion through May 15, 2025. To access the replay, please dial 1-844-512-2921 in the U.S. (+1-412-317-6671 internationa...
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27.02.25 - 13:33
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Hilton Grand Vacations Reports Fourth Quarter and Full Year 2024 Results (Business Wire)
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ORLANDO, Fla.--(BUSINESS WIRE)--Hilton Grand Vacations Inc. (NYSE: HGV) (“HGV” or “the Company”) today reports its fourth quarter and full year 2024 results.
Fourth quarter of 2024 highlights1
Total contract sales were $837 million.
Member count was 724,000. Consolidated Net Owner Growth (NOG) for the year ended Dec. 31, 2024, was 1.1%.
Total revenues for the fourth quarter were $1.284 billion compared to $1.019 billion for the same period in 2023.
Total revenues were affected by a net deferral of $90 million in the current period compared to a net deferral of $21 million in the same period in 2023.
Net income attributable to stockholders for the fourth quarter was $20 million compared to $68 million for the same period in 2023.
Adjusted net income attributable to stockholders for the fourth quarter was $49 million compared to $111 million for the same period in 2023.
Net income attributable to stockholders and adjusted net income attributable to stockholders were affected by a net deferral of $49...
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13.02.25 - 22:27
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Hilton Grand Vacations to Report Fourth Quarter and Full Year 2024 Results (Business Wire)
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ORLANDO, Fla.--(BUSINESS WIRE)--Hilton Grand Vacations Inc. (NYSE:HGV) announces it will report financial results for the fourth quarter and full year of 2024 before the financial markets open on Thursday, Feb. 27, 2025, followed by a teleconference at 11 a.m. (ET).
Participants are encouraged to listen to the live webcast by logging onto the HGV Investor Relations website at http://investors.hgv.com/events-and-presentations.
To access the live teleconference via phone, please dial 1-877-407-0784 in the U.S./Canada (or +1-201-689-8560 internationally) approximately 15 minutes prior to the teleconference's start time. In the event of audio difficulties during the call on the toll-free number, participants are advised that accessing the call using the +1-201-689-8560 dial-in number may bypass the source of audio difficulties.
A replay will be available beginning three hours after the teleconference's completion through March 13, 2025. To access the replay, please dial 1-844-512-2921 in the U.S. (+1-412-31...
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05.02.25 - 16:06
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Hilton Grand Vacations Announces New Partnership with Operation Homefront (Business Wire)
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ORLANDO, Fla.--(BUSINESS WIRE)--Hilton Grand Vacations Inc. (NYSE:HGV), the premier vacation ownership and experiences company, is proud to announce a new partnership with Operation Homefront, the national nonprofit dedicated to building strong, stable and secure military families. This partnership aims to support Operation Homefront's work to help military families thrive in the communities they have worked so hard to protect.
As the newest national partner in its corporate social responsibility program, HGV Serves, HGV will donate $100,000 to Operation Homefront to support its critical programs, including the Back-to-School Brigade® and Holiday Meals for Military®.
"We're honored to support Operation Homefront's vital mission as part of our dedication to driving positive change through our CSR initiatives," said Mark Wang, CEO of Hilton Grand Vacations. "Our passionate team is continually seeking ways to give back to our local communities, and we're excited to support initiatives th...
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03.02.25 - 22:18
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Hilton Grand Vacations Refinances Credit Facility and Term Loans (Business Wire)
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ORLANDO, Fla.--(BUSINESS WIRE)--Hilton Grand Vacations Inc. (NYSE:HGV) announces today the successful recast of its Revolving Credit Facility (“the Revolver”) and re-pricing of its Term Loan B due 2028, and incremental TLB (“TLB”) due 2031. The terms of the Revolver were amended to reduce pricing spreads, expand covenants, reset certain incurrence baskets and extend maturity to January 2030. Additionally, the Term Loan A, due January 2028, was repriced to SOFR plus 165 basis points, down from SOFR plus 175.
The $828 million TLB, maturing August 2028 was repriced to SOFR plus 200 basis points, down from SOFR plus 250, and the $839 million TLB, maturing January 2031 was repriced to SOFR plus 200, down from SOFR plus 225.
“We're extremely pleased with the successful repricing and maturity extension of our revolver and other debt,” said Dan Mathewes, president and chief financial officer of Hilton Grand Vacations. “These initiatives demonstrate the continued optimization of our capital structur...
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