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Florida Timeshare News: February 3, 2018

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ORLANDO & JAPAN: Hilton Grand Vacations has completed a real estate purchase from Hilton that includes existing buildings and land for development within the Hilton Odawara Resort & Spa, located in the Kanagawa Prefecture, Japan. The purchase marks Hilton Grand Vacations’ second announced project in Japan and will be the first resort to open in the country.

Adding to the existing properties, HGV plans to create timeshare units with ocean views on the purchased land.

The purchase, which does not include the hotel and resort amenities, will continue to be owned and managed by Hilton.

Located near attractions such as the Fuji Hakone Izu National Park and Odawara Castle, the resort just 30 minutes by bullet train from Tokyo.

Details of the new resort’s features, such as types of accommodations, points chart, amenities, etc. are still in the “Coming Soon” stage, though the proposed images (“subject to change”) provided on the resort’s brand new partial website suggest very sleek, modern interiors with a strong Japanese ethic.

This was the second resort HGV has announced for Japan in about three months, though it will be the first of the two resorts to open. Look for the initial part of the Odawara resort to open this year.

In November 2017 HGV announced its first dedicated timeshare resort in the Japanese market, to be a new mixed-use development on Sesokojima Island, Okinawa. The new-build development, to be constructed by Mori Trust, will comprise a 132-unit timeshare resort that will be owned and managed by Hilton Grand Vacations, as well as a Hilton-managed hotel with approximately 300 rooms. Hilton Okinawa Sesoko Resort is set to open in 2020, while the HGV timeshare resort is expected to commence operations in 2021.



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