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Dec 31, 2022
Hilton Grand Vacations Q4 2022 Earnings Report
Hilton Grand Vacations reported strong Q4 2022 results, marked by increased revenues and strategic progress.
Key Takeaways
Hilton Grand Vacations Inc. reported Q4 2022 results with total revenues of $992 million, a net income of $78 million, and adjusted EBITDA of $252 million. The company saw growth in contract sales and made advancements in integrating Diamond Resorts.
Total revenues increased to $992 million from $838 million in the same period of 2021.
Net income rose to $78 million compared to $75 million in the prior year.
Adjusted EBITDA reached $252 million.
Contract sales increased to $634 million.
Hilton Grand Vacations
Hilton Grand Vacations
Forward Guidance
The Company expects full-year 2023 Adjusted EBITDA excluding deferrals and recognitions to be in a range of $1,090 million to $1,120 million.