Articles tagged “hilton grand vacations”

Hilton’s Timeshare Business Fires a Top Exec for ‘Behavior’ Issue

Hilton’s Timeshare Business Fires a Top Exec for ‘Behavior’ Issue

Peter Jeffrey, Bloomberg

We are certain to learn more details about why Hilton Grand Vacations fired its chief financial officer. Will other heads roll, too?

1 year ago

Major Timeshare Brand Buys Historic Hotel on a Prime New York City Block

Major Timeshare Brand Buys Historic Hotel on a Prime New York City Block

Patrick Clark and Gillian Tan, Bloomberg

This isn't your grand aunt's timeshare. Hilton Grand Vacations is making a bet that a timeshare can be an effective product among upper-class travelers by acquiring property in one of Manhattan's most expensive districts.

1 year ago

HNA Group Sells Stake in Hilton Grand Vacations for $1.1 Billion

HNA Group Sells Stake in Hilton Grand Vacations for $1.1 Billion

Prudence Ho, Bloomberg

HNA Group has achieved what nobody thought possible: Making money on a time-share investment.

1 year ago

HNA Group Is Selling Stake in Hilton Grand Vacations as Asset Disposals Accelerate

HNA Group Is Selling Stake in Hilton Grand Vacations as Asset Disposals Accelerate

Patrick Clark, Bloomberg

China wants HNA Group to dispose of some of its foreign assets, so it's no surprise it's selling its stake in Hilton Grand Vacations. That investment was a good one — up about 88 percent from what it paid in just one year.

1 year ago