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First hgvc in japan

Discussion in 'Hilton Grand Vacations Club / HGVC' started by Jason245, Nov 13, 2017.

  1. Jason245

    Jason245 TUG Member

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    https://finance.yahoo.com/news/mori-trust-hilton-grand-vacations-141200637.html
    Mori Trust, Hilton Grand Vacations and Hilton today announced an agreement to construct a new mixed-use development on Sesokojima Island, Okinawa, marking the first alliance between Mori Trust and Hilton Grand Vacations, as well as the latter’s first announced dedicated timeshare resort in the Japanese market.

    Sent from my SAMSUNG-SM-N910A using Tapatalk
     
  2. Maverick1963

    Maverick1963 TUG Member

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  3. Cyberc

    Cyberc TUG Member

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    This is definitely only to cater for the Japanese market. I guess that’s why the resort will be a Smaller one.

    Will be fun to follow with price points and such.
     
  4. Jason245

    Jason245 TUG Member

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    Why only to cater? Okinawa is full of history. . I want to go.. :)

    Sent from my SAMSUNG-SM-N910A using Tapatalk
     
  5. Helios

    Helios TUG Member

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    Same here. Perhaps @Cyberc is referring to the resort being small so it will be hard to make a reservation.
     
  6. Jason245

    Jason245 TUG Member

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    132 rooms doesn't seem that small in my mind. ..

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  7. GT75

    GT75 Moderator

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    With ~20% Japanese owners in the HGVC system, it makes sense that they would add a resort on Japanese soil. I like having new locations. It will also give us new options. I just hope that they keep expanding.
     
  8. Jason245

    Jason245 TUG Member

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    3 more resorts all over japan would be amazing. Follow that up with maybe a few in Vietnam, Singapore and south Korea, add a few more in Europe . ..and all of a sudden hgvc becomes a true multinational timeshare system...

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  9. GT75

    GT75 Moderator

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    I agree 100% but I would also add the caribbean to your list. I could use South Korea now on your list since we have family there and are traveling every couple of years. Jeju Island & Seoul in South Korea would be great locations for HGVC.
     
  10. Jason245

    Jason245 TUG Member

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    Carribean is pretty low on my list. I get the desire.. but in my experience. .quality control of island accommodations isn't always up to expectations. Probably why I prefer the large floating hotels. ;)

    Sent from my SAMSUNG-SM-N910A using Tapatalk
     
  11. Helios

    Helios TUG Member

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    132 is not that big either. The number of units may also be relative because of how densely populated Japan is.
     
  12. Helios

    Helios TUG Member

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    Agree, that would be nice...
     
  13. jehb2

    jehb2 TUG Member

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    We just spent 3 weeks traveling through Japan this past summer. We stayed at Airbnbs. It would have been nice to spend a little time at an HGVC timeshare. Of course any HGVC timeshare in Japan is likely to be where Japanses want to vacation and probably not in major metropolitan areas.
     
  14. 1Kflyerguy

    1Kflyerguy TUG Review Crew: Rookie TUG Member

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    They are going to keep expanding, at least in the short term. At the last investor call they said they had lots of expansion planned, with 3 new resorts to be announced soon. The highlighted Mexico, Caribbean, and Japan as the most promising. Obviously Japan has now been announced. Hopefuly the others will be announced soon.
     
  15. GT75

    GT75 Moderator

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    Always good to hear about expansion. Have you posted the link to the investor call?
     
  16. 1Kflyerguy

    1Kflyerguy TUG Review Crew: Rookie TUG Member

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  17. Helios

    Helios TUG Member

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    As someone based out of the NE, the Caribbean sounds very appealing to me. Already own 3 weeks at Harborside Atlantis and 3 weeks at Westin St John. WSJ will take some time to come back after the storms. So, having another option will be nice.
     
  18. Helios

    Helios TUG Member

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  19. 1Kflyerguy

    1Kflyerguy TUG Review Crew: Rookie TUG Member

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    Glad you found that useful, i usually read or listen to these calls and will try to post the links in the future. While geared towards stockholders or financial analysts, there is often stuff relevant to timeshare owners as well...
     
  20. GT75

    GT75 Moderator

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    Thanks, please do. I also find them useful. It gives all of us insight into where HGVC is heading.
     
  21. GT75

    GT75 Moderator

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    Phase II of Ocean Oaks on Hilton Head Island (~65 additional all 2-Bd units) is expected to break ground later this month.
     
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  22. Helios

    Helios TUG Member

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    Good to hear, although I think parking will be a nightmare.
     
  23. CalGalTraveler

    CalGalTraveler TUG Member

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    Any word about Ocean Tower at Waikoloa?
     
  24. GT75

    GT75 Moderator

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    Yes, stated start sales in early 18 and expect to open the first phase in fourth quarter of 18. This project is going to be a higher price product than others at Waikoloa.
     
  25. Brenda Joyce Freeman

    Brenda Joyce Freeman Guest

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    I was told at a recent time share presentation that some charities will take vacation weeks to raffle as fun raisers. How true is that?
     

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