Hilton Grand Vacations Reports Third Quarter 2026 Results
Business Wire•29/10/2026•07:00 ET
0
Key Highlights
- ➤Full-year 2026 Adjusted EBITDA guidance cut to $1.165 billion-$1.180 billion
- ➤Third-quarter contract sales $807 million, down 11.0% year over year
- ➤Third-quarter revenue reached $1.961 billion, including $536 million construction recognition
- ➤Adjusted diluted EPS was $4.03; adjusted net income totaled $317 million
- ➤HGV repurchased 2.4 million shares for $110 million during the quarter
Expert Statements
Mark Wang, CEO of Hilton Grand Vacations
“The underlying business model, recurring revenue streams, and cash flow generation of our business remained resilient in the third quarter, but our sales results fell short of our expectations as the initiatives we put in place over the summer to improve execution are taking longer to ramp than we anticipated”
Mark Wang, CEO of Hilton Grand Vacations
“While we are not satisfied with our third quarter results, we were encouraged to see initial signs of progress as we exited the quarter, and we’ve accelerated our implementation efforts while adding new measures to drive conversion.”
Mark Wang, CEO of Hilton Grand Vacations
“Looking ahead, we are updating our outlook to reflect our year-to-date performance and a more realistic view on the timing and ramp of our initiatives,”
Mark Wang, CEO of Hilton Grand Vacations
“Our near-term priorities are clear: enhance sales execution by increasing our conversion rates and return the business to consistent and profitable growth. We remain confident in our business model, the quality of our brands and service, and our product and inventory position, including the recent opening of Ka Haku, a Hilton Club in Waikiki.”
Hilton Grand Vacations Inc. (NYSE: HGV) (“HGV” or “the Company”) today reports its third quarter 2026 results.
* Total contract sales were $807 million, a decrease of 11.0% compared to the third quarter of 2025.
Get started
Create a free account to read the full story.