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Hilton Grand Vacations Inc.(HGV), a leading player in the vacation o wnership industry, has reported its financial results for the second quarter of 2023. The company achieved a net income of $80 million during this period, showcasing a positive trajectory in its financial performance. Furthermore, Hilton Grand Vacations Inc. recorded total revenues of $1.007 billion, reinforcing its robust position in the market

Hilton Grand Vacations Inc. Reports $80 Million Net Income in Q2 2023

The company's revenue reaches $1.007 billion for the second quarter of 2023

By USInMinutes
Published - Sep 06, 2023, 09:11 AM ET
Last Updated - Aug 23, 2024, 05:23 AM EDT

Hilton Grand Vacations Inc.(HGV), a leading player in the vacation o wnership industry, has reported its financial results for the second quarter of 2023. The company achieved a net income of $80 million during this period, showcasing a positive trajectory in its financial performance. Furthermore, Hilton Grand Vacations Inc. recorded total revenues of $1.007 billion, reinforcing its robust position in the market.

Quarterly Financial Snapshot

Revenue Performance

- Sales of Vacation Ownership Interests (VOIs) generated $355 million in revenue for the second quarter of 2023, compared to $361 million in the same period last year.

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