product is the marketing and selling of fee-simple timeshare interests deeded in perpetuity, developed either by the company or by third parties. This ownership interest is an interest in real estate equivalent to annual usage rights, generally for one week, at the timeshare resort where the timeshare interval was purchased. Each purchaser is automatically enrolled in the HGV Club, giving the purchaser an annual allotment of club points that allow the purchaser to exchange his or her annual usage rights for various options, including a priority reservation period to stay at his or her home resort where his or her timeshare interval is deeded, stays at any resort in the Hilton Grand Vacations system, reservations for experiential travel, such as cruises, conversion to Hilton HHonors points for stays at the company’s hotels and other options, including stays at approximately 5,000 resorts included in the RCI timeshare vacation exchange network. In addition, the company operates the Hilton Club, which operates for owners of timeshare intervals at the Hilton New York, but whose members also enjoy exchange benefits with the HGV Club. As of December 31, 2015, Hilton Grand Vacations managed a global system of 45 resorts and the HGV Club and the Hilton Club had approximately 250,000 members in total. Brand Portfolio Waldorf Astoria Hotels & Resorts: What began as an iconic hotel in New York City is a portfolio of 25 luxury hotels and resorts. In landmark destinations worldwide, Waldorf Astoria Hotels & Resorts reflect their locations, each providing the inspirational environments and personalized attention that are the source of unforgettable moments. Properties typically include spa and wellness facilities, restaurants, golf courses (at resort properties), 24-hour room service, fitness and business centers, meeting, wedding and banquet facilities and special event and concierge services. Conrad Hotels & Resorts: Conrad is a global luxury brand of 23 properties offering guests personalized experiences with locally inspired surroundings and a service model based on customization and control, as demonstrated by the Conrad Concierge mobile application that enables guest control of on-property amenities and services. Properties typically include spa and wellness facilities, enticing restaurants, room service, fitness and business centers, multi-purpose meeting facilities and special event and concierge services. Canopy by Hilton: Canopy by Hilton represents a new hotel concept that has defined a lifestyle category, targeting the upper upscale price point segment. Canopy represents an energizing, new hotel in the neighborhood offering guest-directed service, thoughtful local choices and comfortable spaces. Each property is designed as a natural extension of its neighborhood, with local design, food and drink and culture. As of December 31, 2015, 28 properties were in the pipeline or in various states of approval. The first Canopy hotel is expected to open in March 2016. Hilton Hotels & Resorts: Hilton is the company’s global primary brand, with 572 hotels and resorts in 85 countries and territories across 6 continents. The brand primarily serves business and leisure upper upscale travelers and meeting groups. Hilton hotels are full service hotels that typically include meeting, wedding and banquet facilities and special event services, restaurants and lounges, food and beverage services, swimming pools, gift shops, retail facilities and other services. Curio – A Collection by Hilton: Curio – A Collection by Hilton is created for travelers who seek local discovery and one-of-a-kind experiences. Curio is made up of a collection of hand-picked hotels that retain their identity but are able to leverage the benefits of the Hilton Worldwide global platform, including the company’s common reservation and customer care service and Hilton HHonors guest loyalty program. As of December 31, 2015, Curio had 18 properties open, contributing 4,704 rooms to the company’s portfolio, and 66 properties were in the pipeline or in various states of approval. DoubleTree by Hilton: DoubleTree by Hilton is an upscale, full service hot
hilton worldwide holdings in
(HLT:New York Consolidated)
7930 Jones Branch Drive
McLean, VA 22102
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