Hilton Grand Vacations (HGV) Investor presentation summary

Business overview and key statistics

• Generated $4.0B in total revenue and $1.0B in adjusted EBITDA in 2023, with over 710,000 members and more than 200 resorts globally.

• Operates four business lines: real estate, rental & ancillary, financing, and club & resort management.

• Three resort collections target luxury, upper upscale, and upscale segments, broadening market reach.

• Partnerships with major brands like Hilton, Bass Pro Shops, and Great Wolf Lodge enhance lead generation and customer value.

• Focus on experiential offerings and exclusive member events, with over 3,000 Ultimate Access events in 2023.

Resilient business model

• Vacation ownership model benefits from recurring income streams and is insulated from inflationary pressures.

• Demonstrated sales resilience through economic cycles, with only a 3% sales decline during the financial crisis.

• Maintains the broadest chain scale offering in the industry, from midscale to luxury.

• Over 90% of owners live within a four-hour drive of a resort, supporting strong regional demand.

• More than 50% of segment adjusted EBITDA comes from recurring sources like financing and club management.

Growth and embedded value

• Wide range of products and price points expands the addressable market, increasing the core market by over 31%.

• Embedded value of $6.9B from future owner upgrades, club management, and financing profits.

• Owners are upgrading faster and more often, driving incremental revenue.

• Inventory optimization and recapture strategies provide future cash flow support, with $1.8B in owned inventory.

• Recent acquisitions (Diamond, Bluegreen) expected to deliver $250M in cost synergies and significant revenue synergies through rebranding and integration.