has agreed to buy its peer Bluegreen Vacations

as the industry struggles due to high

inflation weighing on domestic travel

The deal aims to get more customers for

its timeshares and expand its offerings

It's expected to close during the first half of 2024

It will increase Hilton Grand's membership base

from around 525,000 to more than 740,000

and its resort portfolio from

150 to nearly 200 properties

It will also expand Hilton's presence along the East

Coast, while adding some outdoor and ski destinations