Hilton Grand Vacations Q1 2021 Earnings Report
Key Takeaways
Hilton Grand Vacations reported a total revenue of $235 million for Q1 2021, compared to $351 million for the same period in 2020. The company experienced a net loss of $7 million, a decrease from the $8 million net income reported in Q1 2020. Adjusted EBITDA for the quarter was $42 million, up from $33 million in the previous year.
Contract sales in the first quarter were $139 million.
Net Owner Growth (NOG) for the 12 months ended March 31, 2021, was (0.1)%.
Total revenues for the first quarter were $235 million compared to $351 million for the same period in 2020.
Adjusted EBITDA for the first quarter was $42 million compared to $33 million for the same period in 2020.
Hilton Grand Vacations
Hilton Grand Vacations
Hilton Grand Vacations Revenue by Segment
Forward Guidance
The company anticipates the transaction to close during the summer of 2021.
Revenue & Expenses
Visualization of income flow from segment revenue to net income