Short-Term Rentals

Hilton Grand Vacations’ $1.5 Billion Deal

Srividya Kalyanaraman

Skift Take

Hilton Grand Vacations made an acquisition proposal to Bluegreen Vacations, two publicly traded vacation ownership companies.

Welcome to a brand new week, folks! If you’re like me, you’re reading this and going, “what is time?” Well, it’s a thing that flies.We have a packed bulletin today, let’s hit it. 

On the itinerary: 

Hilton Grand Vacations - Bluegreens Vacations merger Martha Vineyard’s tax money Limehome and Timbers expansion Timeshare Titans

Hilton Grand Vacations made an acquisition proposal to Bluegreen Vacations, two publicly traded vacation ownership companies. Hilton Grand Vacations, a 2017 spin-off from Hilton, said in the announcement it is proposing an all-cash transaction at $75 per share, totaling approximately $1.5 billion, including net debt. The merger aims to enhance Hilton Grand Vacations’ competitive standing within the vacation ownership and experiences industry, Skift Hospitality Editor Sean O’Neill wrote. 

Hilton Grand Vacations specializes in marketing and selling vacation ownership