Name | Value |
---|---|
Revenues | 1,007.0M |
Cost of Revenue | 367.0M |
Gross Profit | 640.0M |
Operating Expense | 470.0M |
Operating I/L | 154.0M |
Other Income/Expense | -11.0M |
Interest Income | 44.0M |
Pretax | 115.0M |
Income Tax Expense | 35.0M |
Net Income/Loss | 80.0M |
Hilton Grand Vacations Inc. is a timeshare company that operates in two segments: Real Estate Sales and Financing, and Resort Operations and Club Management. The company develops, markets, sells, and manages vacation ownership resorts primarily under the Hilton Grand Vacations brand. It generates revenue by selling vacation ownership intervals and interests, managing resorts and clubs, operating points-based vacation clubs and resort amenities, and financing consumer loans for timeshare purchases. Additionally, it manages exchange programs and Diamond Clubs, providing exchange, leisure travel, and reservation services to approximately 333,000 members, and engages in the rental of inventory through its club programs.