Hilton

Peachtree Hotel Group Recognized with 2020 Hilton Legacy Award

Thursday, June 17, 2021 - 2:00pm

Peachtree Hotel Group today announced it has been recognized with a 2020 Hilton Legacy Award for North America Conversion - Cumberland House Knoxville, Tapestry Collection by Hilton.

Key Points: 
  • Peachtree Hotel Group today announced it has been recognized with a 2020 Hilton Legacy Award for North America Conversion - Cumberland House Knoxville, Tapestry Collection by Hilton.
  • We are honored to be recognized for this award and grateful for our partnership with Hilton, said Mitul Patel, managing principal, and chief operating officer of Peachtree Hotel Group.
  • To see the full list of Hiltons 2020 Legacy Award winners click here .
  • Peachtree finances, owns, operates, manages, and develops full-, select-, limited-service, and extended-stay hotel assets primarily under the Marriott, Hilton, Hyatt and InterContinental Hotels Group flags.

Hilton Grand Vacations Prices Upsized Offering of Senior Notes

Monday, June 14, 2021 - 9:18pm

Hilton Grand Vacations Inc. (NYSE: HGV) (HGV or the Company) has priced an offering of $500 million aggregate principal amount of new 4.875% senior unsecured notes due 2031 (the notes) to be issued by its wholly-owned subsidiaries, Hilton Grand Vacations Borrower Escrow, LLC and Hilton Grand Vacations Borrower Escrow, Inc. (the Offering).

Key Points: 
  • Hilton Grand Vacations Inc. (NYSE: HGV) (HGV or the Company) has priced an offering of $500 million aggregate principal amount of new 4.875% senior unsecured notes due 2031 (the notes) to be issued by its wholly-owned subsidiaries, Hilton Grand Vacations Borrower Escrow, LLC and Hilton Grand Vacations Borrower Escrow, Inc. (the Offering).
  • Upon the closing of the Companys proposed acquisition (the Merger) of Dakota Holdings Inc. (Diamond), Hilton Grand Vacations Borrower Escrow, LLC and Hilton Grand Vacations Borrower Escrow, Inc. will merge with and into Hilton Grand Vacations Borrower LLC and Hilton Grand Vacations Borrower Inc., respectively, each a wholly-owned subsidiary of the Company, and the escrow proceeds will be released.
  • Hilton Grand Vacations Borrower LLC and Hilton Grand Vacations Borrower Inc. will thereupon assume the obligations under the notes.
  • Upon the closing of the Merger, the notes will be guaranteed by Hilton Grand Vacations Inc., Hilton Grand Vacations Parent LLC, also a wholly-owned subsidiary of the Company, and certain of Hilton Grand Vacations Borrower LLCs existing and future subsidiaries, including certain subsidiaries of Diamond.

Hilton Grand Vacations Hires Andrea A. Agnew to Lead Diversity, Equity and Inclusion

Monday, June 14, 2021 - 3:00pm

Hilton Grand Vacations Inc. (NYSE:HGV) announced today that Andrea A. Agnew has joined the company as vice president of diversity, equity and inclusion (DE&I).

Key Points: 
  • Hilton Grand Vacations Inc. (NYSE:HGV) announced today that Andrea A. Agnew has joined the company as vice president of diversity, equity and inclusion (DE&I).
  • View the full release here: https://www.businesswire.com/news/home/20210614005022/en/
    Andrea A. Agnew, vice president of diversity, equity and inclusion (DE&I) at Hilton Grand Vacations.
  • About Hilton Grand Vacations Inc.
    Hilton Grand Vacations Inc. (NYSE:HGV) is recognized as a leading global timeshare company.
  • 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 Announces Proposed Offering of Senior Notes

Monday, June 14, 2021 - 1:00pm

Hilton Grand Vacations Inc. (NYSE: HGV) (HGV or the Company) is launching an offering of $425 million of new senior unsecured notes to be issued by its wholly-owned subsidiaries, Hilton Grand Vacations Borrower Escrow LLC and Hilton Grand Vacations Borrower Escrow Inc. (the Offering).

Key Points: 
  • Hilton Grand Vacations Inc. (NYSE: HGV) (HGV or the Company) is launching an offering of $425 million of new senior unsecured notes to be issued by its wholly-owned subsidiaries, Hilton Grand Vacations Borrower Escrow LLC and Hilton Grand Vacations Borrower Escrow Inc. (the Offering).
  • Upon the closing of the Companys proposed acquisition (the Merger) of Dakota Holdings Inc. (Diamond), Hilton Grand Vacations Borrower Escrow LLC and Hilton Grand Vacations Borrower Escrow Inc. will merge with and into Hilton Grand Vacations Borrower LLC and Hilton Grand Vacations Borrower Inc., respectively, each a wholly-owned subsidiary of the Company, and the escrow proceeds will be released.
  • Hilton Grand Vacations Borrower LLC and Hilton Grand Vacations Borrower Inc. will thereupon assume the obligations under the notes.
  • Upon the closing of the Merger, the notes will be guaranteed by Hilton Grand Vacations Inc., Hilton Grand Vacations Parent LLC and certain of Hilton Grand Vacations Borrower LLCs existing and future subsidiaries.

A Fair and Square Win! MCR Purchases the Hilton Garden Inn Louisville Mall of St. Matthews in Derby City

Friday, June 11, 2021 - 2:00pm

The countrys 4th-largest hotel owner-operator has acquired the 150-room Hilton Garden Inn Louisville Mall of St. Matthews in the heart of Kentucky.

Key Points: 
  • The countrys 4th-largest hotel owner-operator has acquired the 150-room Hilton Garden Inn Louisville Mall of St. Matthews in the heart of Kentucky.
  • View the full release here: https://www.businesswire.com/news/home/20210611005014/en/
    The Hilton Garden Inn Louisville Mall of St. Matthews (yes, that is Kentucky bluegrass) (Photo: Business Wire)
    The hotel is 10 minutes from Louisville International Airport and 15 minutes to downtown Louisville.
  • Before heading home to the Hilton Garden Inn Mall of St. Matthews, wash down a Hot Brown an open-faced sandwich with turkey, bacon and Mornay sauce with an old fashioned.
  • The Hilton Garden Inn Louisville Mall of St. Matthews is located at 400 Sherburn Lane and features:
    150 rooms with mini fridges, microwaves and HDTVs
    The Garden Grille & Bar, an onsite restaurant that serves breakfast, dinner and cocktails

Hilton Grand Vacations Wins 13 ARDA Awards

Thursday, June 10, 2021 - 3:00pm

Hilton Grand Vacations Inc. (NYSE:HGV) was honored with 13 awards in the 2021 American Resort Development Association (ARDA) Awards program, including earning its first ARDA Circle of Excellence (ACE) Award for Employee of the Year, which represents the highest level of excellence within the resort industry.

Key Points: 
  • Hilton Grand Vacations Inc. (NYSE:HGV) was honored with 13 awards in the 2021 American Resort Development Association (ARDA) Awards program, including earning its first ARDA Circle of Excellence (ACE) Award for Employee of the Year, which represents the highest level of excellence within the resort industry.
  • We are immensely proud of our 13 ARDA Award winners, along with the 36 finalists who represented our company and their ongoing commitment to excellence, said Mark Wang, president and CEO of Hilton Grand Vacations.
  • About Hilton Grand Vacations Inc.
    Hilton Grand Vacations Inc. (NYSE:HGV) is recognized as a leading global timeshare company.
  • The Company also manages and operates two innovative club membership programs: Hilton Grand Vacations Club and The Hilton Club, providing exclusive exchange, leisure travel and reservation services for nearly 330,000 club members.

Peachtree Hotel Group Announces Grand Opening of a Dual-Flag Hotel, Hilton Garden Inn and Home2 Suites by Hilton in Orlando, Florida

Monday, June 7, 2021 - 1:55pm

Peachtree Hotel Group ("Peachtree") announced the grand opening of its newest hotels, the dual-flag Hilton Garden Inn Orlando Downtown and Home2 Suites by Hilton Orlando Downtown.

Key Points: 
  • Peachtree Hotel Group ("Peachtree") announced the grand opening of its newest hotels, the dual-flag Hilton Garden Inn Orlando Downtown and Home2 Suites by Hilton Orlando Downtown.
  • The eight-story property, operated by Peachtree Hospitality Management ("PHM"), a division of Peachtree, is located at 401 North Magnolia Avenue and includes 224 rooms 123 Hilton Garden Inn guest rooms and 101 pet-friendly Home2 Suites rooms.
  • Hilton Garden Inn Orlando Downtown offers amenities, including a 24-hour business center and cooked-to-order breakfasts and dinners.
  • For more information or to make reservations, please visit Hilton Garden Inn Orlando Downtown or Home2 Suites by Hilton Orlando Downtown .

Groups360 Launches Global Direct Booking Solution for Group Room Blocks with Hilton

Thursday, June 3, 2021 - 5:01am

Groups360 and Hilton (NYSE: HLT) today announced the global launch of GroupSync Engage, the hospitality industrys first integrated direct booking solution for group room blocks, across the majority of the Hilton portfolio.

Key Points: 
  • Groups360 and Hilton (NYSE: HLT) today announced the global launch of GroupSync Engage, the hospitality industrys first integrated direct booking solution for group room blocks, across the majority of the Hilton portfolio.
  • View the full release here: https://www.businesswire.com/news/home/20210602005166/en/
    This integrated booking solution is resolving a long-standing frustration among event planners the inability to see at-a-glance whether a hotel has the guest room capacity to accommodate their group.
  • By expanding direct online booking for small group room blocks to nearly all of our properties around the world, we are creating a more seamless and reliable group booking experience for everyone, said Oral Muir, vice president, Global Distribution, Hilton.
  • Planners can book Hilton room blocks directly in GroupSync or evaluate availability prior to sending an RFP for guest rooms and event space.

Atrium Hospitality Debuts Newly Branded Hilton Charlotte Airport Featuring Multimillion-Dollar Hotel Renovation

Wednesday, June 2, 2021 - 1:21pm

The newly branded Hilton Charlotte Airport at 2800 Coliseum Centre Drive in Charlotte is well prepared to welcome back guests as travel resumes.

Key Points: 
  • The newly branded Hilton Charlotte Airport at 2800 Coliseum Centre Drive in Charlotte is well prepared to welcome back guests as travel resumes.
  • The Hilton Charlotte Airport features 28,300 square feet of newly renovated meeting space and is operated by Alpharetta, Georgia-based Atrium Hospitality, which is ranked as one of the nations largest hotel operators.
  • View the full release here: https://www.businesswire.com/news/home/20210602005309/en/
    The newly branded Hilton Charlotte Airport at 2800 Coliseum Centre Drive in Charlotte is well prepared to welcome back guests as travel resumes.
  • The Hilton Charlotte Airport features 28,300 square feet of newly renovated meeting space and is operated by Alpharetta, Georgia-based Atrium Hospitality, which is ranked as one of the nations largest hotel operators.

Hilton Grand Vacations Opens Luxury Timeshare Resort in Historic Downtown Charleston

Tuesday, June 1, 2021 - 3:00pm

Hilton Grand Vacations Inc. (NYSE:HGV) announces the opening of Liberty Place Charleston by Hilton Club in Charleston, South Carolina, near the site where the iconic Liberty Tree once stood.

Key Points: 
  • Hilton Grand Vacations Inc. (NYSE:HGV) announces the opening of Liberty Place Charleston by Hilton Club in Charleston, South Carolina, near the site where the iconic Liberty Tree once stood.
  • (Photo: Business Wire)
    Were thrilled to expand our diverse portfolio into the vibrant and remarkable city of Charleston with Liberty Place Charleston by Hilton Club, said Mark Wang, president and CEO of Hilton Grand Vacations.
  • We are pleased to continue to work with the entire Hilton Grand Vacations team and look forward to entering the Charleston market together.
  • About Hilton Grand Vacations Inc.
    Hilton Grand Vacations Inc. (NYSE:HGV) is recognized as a leading global timeshare company.