Hilton Grand Vacations Purchases The Citadines Kyoto Karasuma Gojo In Kyoto, Japan; No Terms Disclosed
Portfolio Pulse from Benzinga Newsdesk
Hilton Grand Vacations has acquired The Citadines Kyoto Karasuma Gojo in Kyoto, Japan, marking its first property in Kyoto and third in Japan. Renovations are set to start in Q2 2025, with completion in Q1 2026. Sales are expected to begin in Q2 2025.
October 08, 2024 | 9:32 pm
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Hilton Grand Vacations has acquired a new property in Kyoto, Japan, expanding its presence in the country. This strategic move could enhance its market position in Asia.
The acquisition of a property in a popular tourist destination like Kyoto is likely to strengthen HGV's market presence in Asia. The timeline for renovations and sales suggests a strategic long-term investment, which could positively impact HGV's growth prospects.
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