The Trump Organization has announced today that it will be bringing Luxury Vacation Ownership to Trump International Hotel Las Vegas through Hilton Grand Vacations, the timeshare division of Hilton Worldwide.
Trump International Hotel Las Vegas has sold approximately 300 condominium units to Hilton, and Hilton Grand Vacations will use those units as luxury timeshare accommodations beginning next spring.
“When it comes to vacation ownership in Las Vegas, Hilton truly does an outstanding job. We are confident that this relationship will not only add to the tremendous appeal of Trump Las Vegas but also will provide great benefit to our existing owners. The property continues to garner incredible accolades and is one of the most sought after in all of Las Vegas,” said Donald J. Trump, Chairman and President of the Trump Organization.
According to Mark Wang, president of Hilton Grand Vacations, “Our collaboration with the Trump Organization will yield a remarkable new ownership opportunity at one of the most celebrated properties in Las Vegas. This innovative venture strengthens the momentum of our industry-leading performance in the Las Vegas market and adds a new product tier to our diverse resort portfolio.”
First occupancy of the Hilton Grand Vacations units at Trump International Hotel Las Vegas is anticipated to begin in early 2013. Trump Hotel Collection, the award winning hotel management company, will continue to manage every aspect of Trump International Hotel Las Vegas.Hilton Grand Vacations will be responsible for the sale of timeshare intervals.