Hilton Grand Vacations HGV Cost of VOI sales — Expenses

Other product segments

Similar metrics at other companies

TNLVacation Ownership — Cost of vacation ownership interests

$16M-30.4%

TNLVOI incentive revenue — Contract Liabilities

$90M+4.7%

VACSale of vacation ownership products — Expenses

$46M+9.5%

TNLTravel and Membership — Cost of vacation ownership interests

$47M-7.8%

TNLVOI incentive revenue — Remaining performance obligations

$90M+4.7%

TNLVOI incentive revenue — Contract with Customer, Liability, Revenue Recognition Term

0—

Questions, answered.

What is Hilton Grand Vacations's cost of VOI sales — expenses?

Hilton Grand Vacations (HGV) reported cost of VOI sales — expenses of $45M in Q1 2026.

How has Hilton Grand Vacations's cost of VOI sales — expenses changed year-over-year?

Hilton Grand Vacations's cost of VOI sales — expenses increased by 80.0% year-over-year, from $25M to $45M.

What is the long-term trend for Hilton Grand Vacations's cost of VOI sales — expenses?

Over 4 years (2021 to 2025), Hilton Grand Vacations's cost of VOI sales — expenses has grown at a -8.1% compound annual growth rate (CAGR), from $213M to $152M.

What does cost of VOI sales — expenses mean?

This metric represents the direct costs associated with the sale of vacation ownership intervals, including the capitalized inventory costs recognized upon the transfer of control to the customer. It reflects the cost of goods sold specifically for timeshare interests and is a primary indicator of the profitability of the real estate sales segment. Monitoring this expense helps investors evaluate the efficiency of inventory management and the margin profile of the company's core timeshare development business.