HGV News & Events

Hilton Grand Vacations announces the closing on an upsized $1B revolving warehouse facility. The facility continues to accommodate both deeded and trust inventory, including loans from Elara, a Hilton Grand Vacations Club, the company's flagship resort in Las Vegas, which was acquired in April 2026. The facility includes customary used and unused fees and the maximum advance rate remains at 90%. The facility's revolving period will end in May 2028, with a final maturity in May 2029.

In an interview with Hilton Grand Vacations President and CFO Dan Mathewes, the executive said that demand right now is "still very strong," Bloomberg reports. Mathewes noted that while rising gas prices are a concern, its predominantly regional owner base helps mitigate travel cost sensitivity, with risk more concentrated in long-haul destinations such as Hawaii where higher airline fares driven by fuel prices could more directly impact demand and occupancy trends. Hilton Grand Vacations is largely at capacity following recent acquisitions, including the transformative Diamond Resorts deal, which significantly expanded its geographic footprint and strengthened its position in the vacation ownership market, Mathewes told Bloomberg. Shares of Hilton Grand Vacations are up over 4% to $46.73 following the interview and a price target increase at Truist on Monday morning.