has agreed to buy its peer Bluegreen Vacations
as the industry struggles due to high
inflation weighing on domestic travel
The deal aims to get more customers for
its timeshares and expand its offerings
It's expected to close during the first half of 2024
It will increase Hilton Grand's membership base
from around 525,000 to more than 740,000
and its resort portfolio from
150 to nearly 200 properties
It will also expand Hilton's presence along the East
Coast, while adding some outdoor and ski destinations