Mori Trust, Hilton Grand Vacations and Hilton Announce New Development on Sesokojima Island, Okinawa

Mori Trust, Hilton Grand Vacations (NYSE: HGV) and Hilton (NYSE: HLT) today announced an agreement to construct a new mixed-use development on Sesokojima Island, Okinawa, marking the first alliance between Mori Trust and Hilton Grand Vacations, as well as the latter’s first announced dedicated timeshare resort in the Japanese market.

Hilton Grand Vacations and Blackstone Form Joint Venture to Purchase Elara, One of the World’s Largest Timeshare Resorts

Acquisition expected to be accretive in 2017 to Total Adjusted EBITDA and EPS July 20, 2017 – Hilton Grand Vacations Inc. (NYSE: HGV) (“HGV” or “the company”) announces the formation of a joint venture with affiliates of Blackstone Real Estate Partners VIII L.P., which purchased Elara, a Hilton Grand Vacations Club. With 1,201 units, Elara is one of…