Articles tagged “hilton grand vacations”

Litigation against timeshare resorts isn't uncommon. But, even if the lawsuits get class action status, the damages for publicly traded companies including Hilton, Marriott and Travel + Leisure Co. are unlikely to be significant as it is part of "normal course of business."

It's time to discard everything you think you know about timeshares. Hilton Grand Vacations and Travel + Leisure Co joined Skift for a webinar dispelling the industry’s biggest myths and unpacking the appeal of modern shared vacation ownership.

Today’s edition of Skift’s daily podcast looks at Increased region tourism in the Middle East, Hilton Grand Vacations’ grand plan, and Yosemite’s overtourism strategy.

They've got a pitch for you. What's more, you won't enter any commitments by reading this personal preview of their strategy.

Vacation ownership is having a boom time this year as the travel sector broadly recovers from the pandemic.

The rapid, explosive surge of Omicron cases around the world is weighing heavy on Asia-Pacific countries that were only just beginning to reopen their international borders. The latest variant once again puts those border reopening on ice — not ideal when the Winter Olympics is only weeks away.

In Skift’s top stories this week, United sees a potential full recovery in 2022, Kayak launches Kayak for Business, and Canada reopens its borders for fully vaccinated U.S. travelers.

The timeshare sector is underway with overdue change. Chasing changing traveler tastes, millennials, and eventually Gen Z buyers means pushing into cities and offering more flexibility.

Major travel companies like Hilton Grand Vacations are pumping millions, if not billions, of dollars into the idea travelers favor the familiarity of a brand. If it pays off, the vacuum of boutique offerings will be the next travel investment opportunity.

The timeshare sector continues to see a significant level of acquisitions fit into the branded-is-better argument. Other types of hotel deals are still a ways off, if at all, due to uncertainty in the recovery.