Hilton Grand Vacations acquisition will triple footprint in Hawaii

Hilton Grand Vacations will more than double its footprint in Hawaii and the United States with the acquisition of Diamond Resorts International in a deal worth $1.4 billion that will add 19 isle properties to the Hilton time-share portfolio, including The Modern Honolulu.

Orlando, Florida-based Hilton Grand Vacations (NYSE: HGV) said Wednesday it has entered into an agreement to acquire Diamond Resorts International Inc. from funds managed by affiliates of Apollo Global Management Inc. (NYSE: APO),…

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *