Timeshares have had a bad reputation among travelers historically due to strict visitation schedules, high fees, and the difficulty of breaking contracts. However, the industry has transitioned to points-based model that offers more flexibility and value for buyers. Hilton Grand Vacations is a strong player in the industry with an attractive business model and attractive economies of scale.
Hilton Grand Vacations shares have underperformed, losing 22% in the past year, amid questionable M&A and a slowing consumer. Q2 earnings missed expectations, with interest costs offsetting M&A growth and significant margin pressure leading to reduced EBITDA guidance. Despite aggressive financial policy and margin pressure, HGV is no longer a sell as the bad news is already reflected, but evide...
Hilton Grand Vacations, Inc. (NYSE:HGV ) Q2 2024 Earnings Conference Call August 8, 2024 11:00 AM ET Company Participants Mark Melnyk - SVP, Investor Relations Mark Wang - CEO & Director Daniel Mathewes - President & CFO Conference Call Participants David Katz - Jefferies Patrick Scholes - Truist Brandt Montour - Barclays Ben Chaiken - Credit Suisse Chris Woronka - Deutsche Bank Operator Good m...
ORLANDO, Fla.--(BUSINESS WIRE)--Hilton Grand Vacations Announces Appointment of Christine Cahill to its Board of Directors.
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