Hilton Grand Vacations Inc. (NYSE: HGV) announced plans for Ocean Reserve, a new 227-unit oceanfront vacation ownership resort in Myrtle Beach, South Carolina. This development marks the company's fourth property in Myrtle Beach and its eighth in the state.

The resort is positioned adjacent to Ocean 22, another Hilton Grand Vacations Club property. This proximity allows members and guests to enjoy a campus-style experience with shared access to amenities across both locations. Construction began in December 2025, and occupancy is anticipated in the second quarter of 2028.

Project Details and Amenities

Ocean Reserve will feature spacious one-, two- and three-bedroom suites, all equipped with full kitchens and in-unit washers and dryers. The property also includes expansive presidential suites overlooking a rooftop pool deck with views of the Atlantic Ocean.

Planned resort amenities include:

• Indoor pool
• Bar and deli
• Fitness center
• Multi-purpose activity area

Sales for the property began in July 2026. The location at 23rd Avenue North and North Ocean Boulevard provides access to Myrtle Beach’s dining, shopping and entertainment options, including the "Golden Mile" coastline.

Strategic Partnership

This project represents HGV’s sixth collaboration with South Carolina-based Strand Capital Group, LLC. J. Patrick Lowe, founding partner of Strand Capital Group, highlighted the long-standing relationship between the two firms.

"We appreciate the opportunity to continue our long-standing relationship with Hilton Grand Vacations through Ocean Reserve," Lowe said. "Together, we’re building a resort that will be a wonderful addition to Myrtle Beach."

Mark Wang, CEO of Hilton Grand Vacations, noted that the addition enhances choice and flexibility for the company’s more than 720,000 Club Members.

What the Numbers Show

The expansion into Myrtle Beach reflects a concentrated geographic strategy. With eight properties in South Carolina alone, HGV is leveraging existing infrastructure and brand recognition in a single high-demand coastal market to drive membership value through cross-property amenity access.

Clifford Sosin's CAS Investment Partners has disclosed a 6.5% stake in Hilton Grand Vacations, marking a significant entry into the hospitality company's shareholder base. The disclosure was made via a Schedule 13D filing with the US Securities and Exchange Commission (SEC), which also revealed that the investment firm has initiated discussions with management concerning board composition.

The filing indicates an active engagement strategy by CAS Investment Partners, moving beyond passive ownership to seek influence over corporate governance. By initiating talks on board composition, the firm signals its intent to shape strategic decisions at Hilton Grand Vacations.

Regulatory Disclosure Details

The Schedule 13D filing serves as the primary source of information regarding the stake acquisition and subsequent engagement efforts. Key details from the filing include:

• Investor: CAS Investment Partners
• Beneficial Owner: Clifford Sosin
• Stake Size: 6.5%
• Action: Initiated board composition talks with management

What the Numbers Show

The 6.5% stake represents a substantial ownership position, typically sufficient to exert meaningful influence on corporate governance matters such as board representation. The immediate initiation of board composition talks suggests that CAS Investment Partners views this stake not merely as a financial investment but as a platform for active engagement in the company's strategic direction.