Strong Contract Sales Growth
Reported contract sales were up 10% to $834 million, driven by double-digit VPG expansion and strong tour flow trends.
Adjusted EBITDA Performance
Adjusted EBITDA was $278 million with margins excluding reimbursements of 23%.
Member Growth and Engagement
HGV Max membership grew with nearly 21,000 legacy Bluegreen members joining, and a net owner growth of 0.6%.
Successful Financial Transactions
Closed a JPY 9.5 billion timeshare securitization in Japan at a 1.41% borrowing rate, marking the first such transaction by a U.S. operator.
Shareholder Returns
Returned $300 million to shareholders this year, including $150 million in the quarter, with plans to return $600 million in total for the year.
Bluegreen Integration Progress
Achieved $92 million of run rate cost synergies nearing the $100 million goal and made significant progress in integrating sales technology and rebranding initiatives.