Hilton Grand Vacations Inc. (NYSE:HGV) Files An 8-K Results of Operations and Financial Condition
Item2.02
|
Results of Operations and Financial Condition. |
On March 1, 2017, Hilton Grand Vacations Inc. (the Company)
issued a press release announcing the results of the Companys
operations for the quarter and year ended December31, 2016. The
full text of the press release is furnished as Exhibit 99.1 to
this Current Report on Form 8-K and is incorporated herein by
reference.
The information in this Current Report on Form 8-K, including
Exhibit 99.1 hereto, is being furnished to Item2.02 of Form8-K
and shall not be deemed to be filed for purposes of Section18 of
the Securities Exchange Act of 1934, as amended (the Exchange
Act), or otherwise subject to the liabilities of that section,
nor shall it be deemed incorporated by reference in any filing
made by the Company under the Securities Act of 1933, as amended,
or the Exchange Act, except as shall be expressly set forth by
specific reference in such a filing.
| Item9.01 | Financial Statements and Exhibits. |
(d)Exhibits.
|
Exhibit No. |
Description |
|
| Exhibit99.1 |
Press release of Hilton Grand Vacations Inc., dated March1, 2017, announcing results for the quarter and year ended December31, 2016. |
About Hilton Grand Vacations Inc. (NYSE:HGV)
Hilton Grand Vacations Inc. is a timeshare company that markets and sells vacation ownership intervals (VOIs), manages resorts in leisure and urban destinations, and operates a points-based vacation club. The Company operates its business across two segments: Real Estate Sales and Financing, and Resort Operations and Club Management. As of September 30, 2016, the Company had 46 resorts, representing 7,592 units, and approximately 265,000 Hilton Grand Vacations Club (the Club) members. Club members can exchange their Club points for stays at any resort or any property in the Hilton system of various brands across over 4,700 properties, as well as various vacation options, such as cruises and guided tours. VOI product allows customers to purchase a lifetime of vacations. The Company offers amenities, such as full kitchens, in-unit washers and dryers, spas and kids’ clubs along with beach-front locations. Hilton Grand Vacations Inc. (NYSE:HGV) Recent Trading Information
Hilton Grand Vacations Inc. (NYSE:HGV) closed its last trading session up +0.97 at 30.91 with 696,331 shares trading hands.
