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Press Release

Hilton Grand Vacations Celebrates Grand Opening of The Central at 5th, a Hilton Club in the Heart of Manhattan

Luxurious resort offers historic architectural elements with a modern twist in prime Midtown location

L‍auren George

ORLANDO, Fla. (Oct. 14, 2022) – Hilton Grand Vacations Inc. (NYSE:HGV), the industry-leading global vacation ownership company, celebrates the grand opening of its newest Midtown Manhattan property, The Central at 5th, a Hilton Club. The high-end resort offers unique rooms and prime amenities in a modern, refined building just steps away from Central Park, Rockefeller Center, The Museum of Modern Art, St. Patrick’s Cathedral and more.

With suites that span nearly 600 square feet, the property’s 161 pristinely designed rooms feature modern amenities, updated bathrooms that include heated floors in the penthouse suites and abundant natural light thanks to expansive windows. In addition, the resort features a state-of-the-art fitness center and an exclusive owner’s lounge with an elegant outdoor terrace.

Built in collaboration with world-class architectural and interior design firms Handel Architects and Rottet Studio, the Central at 5th draws inspiration from the style of the neighborhood’s historic buildings – reinterpreting them with a modern twist. HGV also worked in close step with real estate private equity investment firm 54 Madison Partners, to complete this project.

“While New York City may be the city that never sleeps, our owners and guests still deserve the best possible place to rest their heads at the end of a long day,” said Mark Wang, president and CEO of Hilton Grand Vacations. “We believe tourism in New York is back in a big way because we hear from our owners and guests every day about how they can’t wait to visit. We’re thrilled to expand our footprint in New York with this new purpose-built property, which provides even more opportunities for our owners to experience everything the city has to offer.”

HGV is the first vacation ownership company to construct a purpose-build property in Manhattan and now has five properties throughout the city. The Central at 5th joins sister properties The Hilton Club – New York; The Residences, a Hilton Club; West 57th Street, a Hilton Club; and The Quin, a Hilton Club to offer vacation ownership experiences in New York.  

With leisure travel returning to pre-pandemic norms, the city has seen a significant rebound in tourism, especially from younger travelers. In addition to opening new properties such as The Central at 5th location, HGV is redesigning and rebranding a number of its more than 150 resorts around the country, ensuring that its properties are consistently being elevated to the company’s exceptional standards.

About Hilton Grand Vacations Inc.
Hilton Grand Vacations Inc. (NYSE: HGV) is recognized as a leading global timeshare company. With headquarters in Orlando, Florida, Hilton Grand Vacations develops, markets and operates a system of brand-name, high-quality vacation ownership resorts in select vacation destinations. As one of Hilton’s 18 premier brands, Hilton Grand Vacations has a reputation for delivering a consistently exceptional standard of service, and unforgettable vacation experiences for guests and more than 720,000 owners. Membership with the Company provides best-in-class programs, exclusive services and maximum flexibility for our Members around the world. For more information, visit www.hiltongrandvacations.com.

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HGV

L‍auren George

Senior Director, Corporate Communications
Hilton Grand Vacations
P: 1-407-613-8431 
E: lauren.george@hgv.com