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Hilton Grand Vacations Tag

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Hilton Grand Vacations to Acquire Diamond Resorts
15 Mar 2021

Hilton Grand Vacations to Acquire Diamond Resorts

Hilton Grand Vacations has entered into a definitive agreement to acquire Diamond Resorts International, inc. the largest independent timeshare operator, in a stock-based transaction value of 1.4 billion, according to the news release. The combined company will have 720,000 owners and 154 resorts. The acquisition of Diamond Resorts International from Apollo Global Management Inc. also will expand and diversify Hilton Grand Vacation’s resort portfolio into more than 20 new markets. Diamond’s 92 leisure resorts and nearly 400,000 owners uniquely complement Hilton’s 62 upscale and luxury properties and more than 325,000 owners. “I’m excited to announce our transformational agreement to add Diamond Resorts to the Hilton...

Richard McIntosh leaves Hilton Grand Vacations
31 Aug 2017

Richard McIntosh leaves Hilton Grand Vacations

Following a highly successful 33-year career with Hilton Grand Vacations EMEA, Richard McIntosh is to stand down from his position as Managing Director at the end of August. This follows the separation of Hilton Grand Vacations (HGV) from Hilton Worldwide, which now operates as an independent company listed on the New York Stock Exchange (NYSE). As a result of this change, a decision was made to adopt the same reporting structure for the European business as other regions of the company.  As a consequence Richard’s role as Managing Director, Hilton Grand Vacations EMEA, based in Europe, will no longer exist...