Strong Contract Sales Growth
Contract sales were up 17% to $907 million, marking a record for the business on a pro forma basis.
Adjusted EBITDA Growth
Adjusted EBITDA was $302 million with margins of 24%, reflecting nearly double-digit growth.
Broad-based Sales Performance
The company reported mid-teens contract sales growth at both legacy and Bluegreen businesses, with VPG up 15% year-over-year.
HGV Max Membership Growth
HGV Max added 70,000 members over the past 12 months, surpassing 250,000 total members, including nearly 30,000 legacy Bluegreen members.
Bluegreen Integration Progress
Achieved $94 million in run rate cost synergies from Bluegreen acquisition, on track for $100 million in savings.
Share Repurchase Program
Repurchased 3.3 million shares for $150 million in the quarter, with a total of 12.4 million shares repurchased year-to-date.