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For the former parent company, see Hilton Worldwide.
Hilton Grand Vacations Inc.
Company type
Public company
Traded as
NYSE: HGV
S&P 400 component
Industry
Timeshares
Founded
1992; 32 years ago (1992)
Founder
Hilton Worldwide
Headquarters
Orlando, Florida
,
U.S.
Number of locations
Over 200
92 Under Hilton Branding
Area served
North America
Europe
Asia
Caribbean
Key people
Mark Wang (CEO)
Products
Timeshare(s)
Brands
Hilton Grand Vacation Club
Hilton Vacation Club
Hilton Club
Diamond Resorts
Embarc Resorts
Bluegreen Vacations
Subsidiaries
Diamond Resorts
Embarc Resorts
Bluegreen Corporation
Website
hgv.com
Hilton Grand Vacations Inc. is a multi-national company that is based in Orlando, Florida, United States. It manages and operates the Hilton Worldwide timeshare and vacation ownership brands under an exclusive licensing agreement with Hilton Worldwide. HGV was formerly a wholly owned subsidiary of Hilton Worldwide until it was spun off into a publicly traded company in 2017. Even though HGV is an independent company post spin-off, Hilton Worldwide still retains full ownership of the Hilton Grand Vacation Club, Hilton Vacation Club, and Hilton Club brands that HGV manages and operates for them. These timeshare brands are all part of Hilton Worldwide's portfolio of 22 hotel and resort brands.[1]
As of December 2023, HGV has over 700,000 club members and over 200 properties. 92 of the properties are under the Hilton Worldwide timeshare brands (Hilton Grand Vacation Club, Hilton Vacation Club, and Hilton Club), and the remaining properties are under HGV's subsidiary brands (Diamond Resorts, Embarc Resorts, and Bluegreen Corporation).[2]
Dealing in timeshares and vacation ownership, Hilton Grand Vacations develops, manages, markets, and operates a system of vacation club ownership resorts under the Hilton Worldwide timeshare brands. HGV also has several subsidiary brands which are not brands which came from their purchase of smaller independent timeshare companies, but HGV plans to rebrand the majority of these resorts to the Hilton timeshare brands. Resort villas are jointly owned by members who have exclusive use of the properties for limited periods of time through a points-based ownership system. Club members can also exchange their points or interval weeks for vacations at affiliated resorts worldwide, and they are eligible to become part of the Hilton Honors program.
^"Hilton Brands | Global Hospitality Company". www.hilton.com. Retrieved January 24, 2024.
^"Hilton Grand Vacations Completes Acquisition of Bluegreen Vacations" (Press release). Hilton Grand Vacations. January 17, 2024.
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