Latest news with #MarkWang
Business Wire
11-07-2025
- Business
- Business Wire
Hilton Grand Vacations Completes ¥9.5188 Billion Term Securitization
ORLANDO, Fla.--(BUSINESS WIRE)-- Hilton Grand Vacations Inc. (NYSE:HGV) announces today the completion of a ¥9.5188 billion securitization of timeshare loans through Hilton Grand Vacations Japan Trust 2025-1 ('the Trust' or 'SMRAI'). One class of Notes were issued by the Trust, bearing a rating of AAA by Standard & Poor's. The Note has a coupon rate of 1.41%. 'This achievement represents the culmination of decades of effort, underscoring not only the strength of our industry-leading presence in Japan but also the power of our team's ability to collaborate and deliver results on a global scale,' said Mark Wang, CEO of Hilton Grand Vacations. 'I want to extend my congratulations to everyone involved in bringing this landmark deal to life.' HGV has nearly 75,000 members in Japan and currently operates two world-class properties across the country: The Beach Resort Sesoko, a Hilton Club, which opened in October 2021, and The Bay Forest Odawara, a Hilton Club, which opened in 2018. The company's latest addition, Tradimo Kyoto Gojo, a Hilton Grand Vacations Club, anticipated to be completed in the first quarter of 2026, will feature 63 modern one-bedroom timeshare units. This new property will be ideally located in the historic Kyoto tourism and business district. 'This deal marks an exciting milestone as it builds on our financing business optimization strategy and demonstrates our ability to execute novel and complex cross-border transactions,' said Dan Mathewes, president and chief financial officer of Hilton Grand Vacations. 'Although modest in scale to start, this deal unlocks access to highly cost-effective capital. As the program grows, it offers a source of inexpensive capital and creates a unique opportunity to generate highly accretive returns through share repurchases coupled with inexpensive financing.' Proceeds of the issuance, net of fees, will be used for general corporate purposes. MUFG served as the Structuring Lead Manager and Bookrunner. Greenberg Traurig, LLP (Tokyo), and Alston and Bird LLP represented HGV as issuer counsel. Important Notice This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements convey management's expectations as to the future of HGV, and are based on management's beliefs, expectations, assumptions and such plans, estimates, projections and other information available to management at the time HGV makes such statements. Forward-looking statements include all statements that are not historical facts, and may be identified by terminology such as the words 'outlook,' 'believe,' 'expect,' 'potential,' 'goal,' 'continues,' 'may,' 'will,' 'should,' 'could,' 'would,' 'seeks,' 'approximately,' 'projects,' 'predicts,' 'intends,' 'plans,' 'estimates,' 'anticipates,' 'future,' 'guidance,' 'target,' or the negative version of these words or other comparable words, although not all forward-looking statements may contain such words. The forward-looking statements contained in this press release include statements related to HGV's revenues, earnings, taxes, cash flow and related financial and operating measures, and expectations with respect to future operating, financial and business performance and other anticipated future events and expectations that are not historical facts. HGV cautions you that our forward-looking statements involve known and unknown risks, uncertainties and other factors, including those that are beyond HGV's control, which may cause the actual results, performance or achievements to be materially different from the future results. Any one or more of these risks or uncertainties could adversely impact HGV's operations, revenue, operating profits and margins, key business operational metrics, financial condition or credit rating. For a more detailed discussion of these factors, see the information under the captions 'Risk Factors' and 'Management's Discussion and Analysis of Financial Condition and Results of Operations' in HGV's most recent Annual Report on Form 10-K, which may be supplemented and updated by the risk factors in HGV's quarterly reports, current reports and other filings HGV makes with the SEC. HGV's forward-looking statements speak only as of the date of this communication or as of the date they are made. HGV disclaims any intent or obligation to update any 'forward-looking statement' made in this communication to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time. About Hilton Grand Vacations Inc. Hilton Grand Vacations Inc. (NYSE:HGV) is recognized as a leading global timeshare company and is the exclusive vacation ownership partner of Hilton. With headquarters in Orlando, Florida, Hilton Grand Vacations develops, markets, and operates a system of brand-name, high-quality vacation ownership resorts in select vacation destinations. Hilton Grand Vacations has a reputation for delivering a consistently exceptional standard of service, and unforgettable vacation experiences for guests and nearly 725,000 Club Members. Membership with the Company provides best-in-class programs, exclusive services and maximum flexibility for our Members around the world. For more information, visit Follow us on Instagram, Facebook, LinkedIn, X (formerly Twitter), Pinterest and YouTube.
Yahoo
09-06-2025
- Business
- Yahoo
Hilton Grand Vacations Named One of Nation's Best Adoption-Friendly Workplaces by Dave Thomas Foundation for Adoption
Vacation-ownership company leads Hotel and Travel Industry in adoption benefits category for sixth consecutive year ORLANDO, Fla., June 09, 2025--(BUSINESS WIRE)--Hilton Grand Vacations Inc. (NYSE:HGV), the premier vacation ownership and experiences company, has yet again been ranked among the top 100 companies on Dave Thomas Foundation's "Best Adoption-Friendly Workplaces" list, which honors organizations that support its employees in building their families through adoption and foster care. For the sixth consecutive year, HGV leads in the hotel and travel industry on the Foundation's "Best By Industry" list. "It's an incredible honor to be recognized once again by the Dave Thomas Foundation for our exceptional adoption assistance benefits," said Mark Wang, CEO of Hilton Grand Vacations. "This award underscores our unwavering commitment to supporting our team members at every stage of life. Our adoption assistance and parental leave programs exemplifies our family-first culture and our dedication to helping team members achieve their personal goals and dreams outside of work." The company offers corporate, hourly and resort-based team members an adoption assistance benefit of up to $10,000 per child to help offset the cost of adoption. HGV also provides 12 weeks of paid parental leave for all eligible U.S. team members who have been with the company for 90 days. The parental leave program applies to birth and adoptive mothers and fathers, as well as team members who have a child via surrogacy. "We know that these benefits can play a role in a family's decision to grow through foster care or adoption," said Rita Soronen, president and CEO of the Dave Thomas Foundation for Adoption. "The organizations recognized this year demonstrate that these supports are not optional perks — they are essential elements of a workplace that values and strengthens families." The Foundation partnered with RTI International, an independent, nonprofit research institute, to survey employers across the U.S. and score participants based on three criteria: financial reimbursement, paid leave and the percentage of employees eligible for those benefits. In addition to the 100 Best and Adoption Advocates lists, the Foundation ranks employers by size, industry, paid leave, foster care benefits and impact. View the complete 2025 Best Adoption-Friendly Workplaces list at To learn more about HGV's culture, benefits and available openings, visit About Hilton Grand Vacations Inc. Hilton Grand Vacations Inc. (NYSE:HGV) is recognized as a leading global timeshare company and is the exclusive vacation ownership partner of Hilton. With headquarters in Orlando, Florida, Hilton Grand Vacations develops, markets, and operates a system of brand-name, high-quality vacation ownership resorts in select vacation destinations. Hilton Grand Vacations has a reputation for delivering a consistently exceptional standard of service, and unforgettable vacation experiences for guests and nearly 725,000 Club Members. Membership with the Company provides best-in-class programs, exclusive services and maximum flexibility for our Members around the world. For more information, visit Follow us on Instagram, Facebook, LinkedIn, X (formerly Twitter), Pinterest and YouTube. About the Dave Thomas Foundation for Adoption The Dave Thomas Foundation for Adoption is a national nonprofit public charity dedicated to finding permanent homes for the more than 140,000 children waiting in North America's foster care systems. Created by Wendy's® founder Dave Thomas who was adopted, the Foundation implements evidence-based, results-driven national service programs, foster care adoption awareness campaigns and innovative grantmaking. Through its signature program, Wendy's Wonderful Kids, the Foundation supports the hiring of adoption professionals who implement the Foundation's evidence-based, child-focused recruitment model. This model has been proven up to three times more effective at serving youth who have been in foster care the longest, including teenagers, children with special needs and siblings. More than 12,000 children now have loving homes and permanent families thanks to the Wendy's Wonderful Kids program and the Foundation's generous donors. To learn more, visit View source version on Contacts Media Contact: Lauren Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
09-06-2025
- Business
- Yahoo
Hilton Grand Vacations Named One of Nation's Best Adoption-Friendly Workplaces by Dave Thomas Foundation for Adoption
Vacation-ownership company leads Hotel and Travel Industry in adoption benefits category for sixth consecutive year ORLANDO, Fla., June 09, 2025--(BUSINESS WIRE)--Hilton Grand Vacations Inc. (NYSE:HGV), the premier vacation ownership and experiences company, has yet again been ranked among the top 100 companies on Dave Thomas Foundation's "Best Adoption-Friendly Workplaces" list, which honors organizations that support its employees in building their families through adoption and foster care. For the sixth consecutive year, HGV leads in the hotel and travel industry on the Foundation's "Best By Industry" list. "It's an incredible honor to be recognized once again by the Dave Thomas Foundation for our exceptional adoption assistance benefits," said Mark Wang, CEO of Hilton Grand Vacations. "This award underscores our unwavering commitment to supporting our team members at every stage of life. Our adoption assistance and parental leave programs exemplifies our family-first culture and our dedication to helping team members achieve their personal goals and dreams outside of work." The company offers corporate, hourly and resort-based team members an adoption assistance benefit of up to $10,000 per child to help offset the cost of adoption. HGV also provides 12 weeks of paid parental leave for all eligible U.S. team members who have been with the company for 90 days. The parental leave program applies to birth and adoptive mothers and fathers, as well as team members who have a child via surrogacy. "We know that these benefits can play a role in a family's decision to grow through foster care or adoption," said Rita Soronen, president and CEO of the Dave Thomas Foundation for Adoption. "The organizations recognized this year demonstrate that these supports are not optional perks — they are essential elements of a workplace that values and strengthens families." The Foundation partnered with RTI International, an independent, nonprofit research institute, to survey employers across the U.S. and score participants based on three criteria: financial reimbursement, paid leave and the percentage of employees eligible for those benefits. In addition to the 100 Best and Adoption Advocates lists, the Foundation ranks employers by size, industry, paid leave, foster care benefits and impact. View the complete 2025 Best Adoption-Friendly Workplaces list at To learn more about HGV's culture, benefits and available openings, visit About Hilton Grand Vacations Inc. Hilton Grand Vacations Inc. (NYSE:HGV) is recognized as a leading global timeshare company and is the exclusive vacation ownership partner of Hilton. With headquarters in Orlando, Florida, Hilton Grand Vacations develops, markets, and operates a system of brand-name, high-quality vacation ownership resorts in select vacation destinations. Hilton Grand Vacations has a reputation for delivering a consistently exceptional standard of service, and unforgettable vacation experiences for guests and nearly 725,000 Club Members. Membership with the Company provides best-in-class programs, exclusive services and maximum flexibility for our Members around the world. For more information, visit Follow us on Instagram, Facebook, LinkedIn, X (formerly Twitter), Pinterest and YouTube. About the Dave Thomas Foundation for Adoption The Dave Thomas Foundation for Adoption is a national nonprofit public charity dedicated to finding permanent homes for the more than 140,000 children waiting in North America's foster care systems. Created by Wendy's® founder Dave Thomas who was adopted, the Foundation implements evidence-based, results-driven national service programs, foster care adoption awareness campaigns and innovative grantmaking. Through its signature program, Wendy's Wonderful Kids, the Foundation supports the hiring of adoption professionals who implement the Foundation's evidence-based, child-focused recruitment model. This model has been proven up to three times more effective at serving youth who have been in foster care the longest, including teenagers, children with special needs and siblings. More than 12,000 children now have loving homes and permanent families thanks to the Wendy's Wonderful Kids program and the Foundation's generous donors. To learn more, visit View source version on Contacts Media Contact: Lauren Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
09-06-2025
- Business
- Business Wire
Hilton Grand Vacations Named One of Nation's Best Adoption-Friendly Workplaces by Dave Thomas Foundation for Adoption
ORLANDO, Fla.--(BUSINESS WIRE)-- Hilton Grand Vacations Inc. (NYSE:HGV), the premier vacation ownership and experiences company, has yet again been ranked among the top 100 companies on Dave Thomas Foundation's 'Best Adoption-Friendly Workplaces' list, which honors organizations that support its employees in building their families through adoption and foster care. For the sixth consecutive year, HGV leads in the hotel and travel industry on the Foundation's 'Best By Industry' list. 'It's an incredible honor to be recognized once again by the Dave Thomas Foundation for our exceptional adoption assistance benefits,' said Mark Wang, CEO of Hilton Grand Vacations. 'This award underscores our unwavering commitment to supporting our team members at every stage of life. Our adoption assistance and parental leave programs exemplifies our family-first culture and our dedication to helping team members achieve their personal goals and dreams outside of work.' The company offers corporate, hourly and resort-based team members an adoption assistance benefit of up to $10,000 per child to help offset the cost of adoption. HGV also provides 12 weeks of paid parental leave for all eligible U.S. team members who have been with the company for 90 days. The parental leave program applies to birth and adoptive mothers and fathers, as well as team members who have a child via surrogacy. 'We know that these benefits can play a role in a family's decision to grow through foster care or adoption,' said Rita Soronen, president and CEO of the Dave Thomas Foundation for Adoption. 'The organizations recognized this year demonstrate that these supports are not optional perks — they are essential elements of a workplace that values and strengthens families.' The Foundation partnered with RTI International, an independent, nonprofit research institute, to survey employers across the U.S. and score participants based on three criteria: financial reimbursement, paid leave and the percentage of employees eligible for those benefits. In addition to the 100 Best and Adoption Advocates lists, the Foundation ranks employers by size, industry, paid leave, foster care benefits and impact. View the complete 2025 Best Adoption-Friendly Workplaces list at To learn more about HGV's culture, benefits and available openings, visit About Hilton Grand Vacations Inc. Hilton Grand Vacations Inc. (NYSE:HGV) is recognized as a leading global timeshare company and is the exclusive vacation ownership partner of Hilton. With headquarters in Orlando, Florida, Hilton Grand Vacations develops, markets, and operates a system of brand-name, high-quality vacation ownership resorts in select vacation destinations. Hilton Grand Vacations has a reputation for delivering a consistently exceptional standard of service, and unforgettable vacation experiences for guests and nearly 725,000 Club Members. Membership with the Company provides best-in-class programs, exclusive services and maximum flexibility for our Members around the world. For more information, visit Follow us on Instagram, Facebook, LinkedIn, X (formerly Twitter), Pinterest and YouTube. About the Dave Thomas Foundation for Adoption The Dave Thomas Foundation for Adoption is a national nonprofit public charity dedicated to finding permanent homes for the more than 140,000 children waiting in North America's foster care systems. Created by Wendy's ® founder Dave Thomas who was adopted, the Foundation implements evidence-based, results-driven national service programs, foster care adoption awareness campaigns and innovative grantmaking. Through its signature program, Wendy's Wonderful Kids, the Foundation supports the hiring of adoption professionals who implement the Foundation's evidence-based, child-focused recruitment model. This model has been proven up to three times more effective at serving youth who have been in foster care the longest, including teenagers, children with special needs and siblings. More than 12,000 children now have loving homes and permanent families thanks to the Wendy's Wonderful Kids program and the Foundation's generous donors. To learn more, visit
Yahoo
05-06-2025
- Business
- Yahoo
Hilton Grand Vacations Named One of America's Greatest Workplaces 2025 by Newsweek
Premier vacation ownership and experiences company celebrated for its dedication to creating a strong and impactful workplace environment ORLANDO, Fla., June 05, 2025--(BUSINESS WIRE)--Hilton Grand Vacations Inc. (NYSE: HGV), the premier vacation ownership and experiences company, has been named one of America's Greatest Workplaces 2025 by Newsweek and Plant-A Insights Group. HGV earned this recognition for its commitment to creating an engaging and inclusive workplace culture, while fostering a strong sense of belonging among its team members. This marks the second time the company has received this accolade, achieving a rating of four and a half stars out of five on their score. This recognition honors HGV's mission of "Putting People First" and its ongoing efforts to cultivate a welcoming, supportive and respectful environment for the company's more than 22,000 team members globally. HGV's commitment to supporting employee well-being and fostering career growth opportunities ensures that its team members are successful both professionally and personally. "We're proud to be recognized once again for our commitment to fostering a workplace where our team members feel valued, supported and empowered," said Mark Wang, CEO of Hilton Grand Vacations. "This accolade is a testament to the passion and dedication we have for our team members, who are the heart of our company. We will continue to prioritize their well-being, professional growth and happiness." Providing comprehensive benefits and perks is a top priority for HGV to ensure its team members feel engaged and valued for their hard work. The company provides industry-leading travel benefits where team members can participate in the Go Hilton travel program. The company also offers eligible team members access to all benefits on day one of employment, including: medical, dental, vision, optional supplemental insurance, and a DailyPay option so team members can be paid instantly. Most recently, HGV opened a Wellness Center at its global headquarters in Orlando, Florida, offering healthcare services and physical therapy for over 4,000 team members and dependents, alongside a state-of-the-art fitness center. HGV strives to foster an inclusive work culture by offering 12 Team Member Resource Groups (TMRGs), where those with similar interests can come together to support their careers, cultures and the growth of the business. All team members are invited to join any TMRG, and a few examples of the groups include: Women, Pride, Young Professionals and Military & Families. Newsweek and Plant-A Insights Group recognized companies through a comprehensive assessment involving employee interviews, company reviews, publicly accessible data and an analysis of over 120 key performance indicators. Newsweek's America's Greatest Workplaces 2025 list is available online at: This year, HGV has also been recognized by USA Today's Top Workplaces USA list, U.S. News Best Companies to Work For lists for Overall, Hospitality and Entertainment, and South, and additional America's Greatest Workplaces lists for Inclusion/Diversity, Black Americans, Women, by State, Gen-Z, Hispanics/Latinos and LGBTQ+, as well as earning its Great Place To Work Certification® for the third consecutive year. HGV is seeking motivated and passionate individuals to join positions across various departments. To explore open roles at HGV, visit About Hilton Grand Vacations Inc. Hilton Grand Vacations Inc. (NYSE:HGV) is recognized as a leading global timeshare company and is the exclusive vacation ownership partner of Hilton. With headquarters in Orlando, Florida, Hilton Grand Vacations develops, markets, and operates a system of brand-name, high-quality vacation ownership resorts in select vacation destinations. Hilton Grand Vacations has a reputation for delivering a consistently exceptional standard of service, and unforgettable vacation experiences for guests and nearly 725,000 Club Members. Membership with the Company provides best-in-class programs, exclusive services and maximum flexibility for our Members around the world. For more information, visit Follow us on Instagram, Facebook, LinkedIn, X (formerly Twitter), Pinterest and YouTube. View source version on Contacts Media Contact: Lauren Sign in to access your portfolio
