HGV Hilton Grand Vacations Inc

Vacation-ownership company and developer Strand Capital Group celebrate grand opening of 27-story, oceanfront tower

Hilton Grand Vacations Inc. (NYSE:HGV) celebrates today the grand opening of its third Myrtle Beach property, Ocean Enclave by Hilton Grand Vacations Club. The property is also the third Myrtle Beach-based HGV resort developed by Strand Capital Group.

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Leaders from Hilton Grand Vacations, Strand Capital Group and the city of Myrtle Beach celebrate the grand opening of Ocean Enclave by Hilton Grand Vacations Club. (Photo: Business Wire)

“Ocean Enclave is a best-in-class, unique resort that offers owners and guests magnificent views of the beautiful Grand Strand coastline as well as stand-out amenities for the ultimate vacation,” says Mark Wang, president and CEO of Hilton Grand Vacations. “Our owners and guests expect the highest quality properties and service. This stunning beachfront resort showcases our commitment to creating unforgettable vacation experiences through guest-focused service in a highly desirable destination.”

The resort is comprised of 330 one-, two- and three-bedroom suites, full kitchens, private balconies and spacious living and dining areas.

“The opening of Ocean Enclave marks our third resort in collaboration with Hilton Grand Vacations in Myrtle Beach,” says Loyd Daniel, managing partner of Strand Capital Group. “We are pleased to have once again had the opportunity to work with the entire Hilton Grand Vacations team.”

Resort amenities include oceanfront and indoor pools, a pool bar/terrace and deli and a fitness center. Additionally, each unit at Ocean Enclave is equipped with an innovative connected TV solution, Innspire, which allows guests to wirelessly stream content from their personal devices to their in-room TV without having to download an app or installing software.

HGV first entered the Myrtle Beach market in 2012 with the opening of Hilton Grand Vacations Club at Anderson Ocean Club. Following this, the company opened Ocean 22 by Hilton Grand Vacations Club in 2015. Most recently, HGV moved down the South Carolina coastline with the opening of its first Hilton Head Island property, Ocean Oak Resort by Hilton Grand Vacations Club, in 2016. The company completed the second phase of the Ocean Oak resort earlier this year.

About Hilton Grand Vacations Inc.

Hilton Grand Vacations Inc. (NYSE: HGV) is recognized as a leading global timeshare company. With headquarters in Orlando, Florida, HGV develops, markets and operates a system of brand-name, high-quality vacation ownership resorts in select vacation destinations. The company also manages and operates two innovative club membership programs: Hilton Grand Vacations Club and The Hilton Club, providing exclusive exchange, leisure travel and reservation services for more than 315,000 club members. For more information, visit www.hgv.com and www.hiltongrandvacations.com.

About Strand Capital Group

Strand Capital Group is the premier real estate development firm along the Carolina Coast specializing in oceanfront timeshare and resort condominium development in South Carolina. The firm is also active in commercial, residential, and mixed-use projects. For more information, visit www.strandcapital.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20191009005606/en/

Lauren George 407-613-8431 Lauren.George@hgv.com

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