Cookie Statement

This website uses cookies to ensure users get the best experience on our website. Learn More.

Travel Alert

Novel Coronavirus Alert: Important Information for HGV Owners & Guests: LEARN MORE

Press Release

Hilton Grand Vacations Reports Third-Quarter 2017 Results

L‍auren George
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

logo_hiltongrandvacations

L‍auren George

Director, Corporate Communications
Hilton Grand Vacations
P: 1-407-613-8431 
E: [email protected]