Hilton Grand Vacations Inc. Q4 2025 Earnings Call Summary

Achieved 10% contract sales growth in 2025, the highest since 2022, driven by a 35% increase in HGV Max memberships and strong execution across owner and new buyer channels. Realized the $100 million cost synergy target from the Bluegreen acquisition several months ahead of schedule, supporting a 250 basis point expansion in adjusted EBITDA margins. Surpassed pro forma 2019 tour flow levels for the first time, supported by the opening of 41 new marketing sites with partners like Hilton, Bass Pro, and ...