Ocean Tower by Hilton Grand Vacations — Photo by Hilton Grand Vacations Inc.

Hilton Grand Vacations Inc. (NYSE: HGV) celebrates today the opening of Ocean Tower by Hilton Grand Vacations Club with a traditional Hawaiian blessing and ceremony. The resort is HGV's fourth property in Waikoloa and its first on Hawaii Island with direct oceanfront views.

Over the course of this multi-phase project, there will be approximately 350 units comprised of studios, one-, two- and three- bedroom suites including upgraded penthouse residences. The project's initial phase, which is now complete, features 72 units consisting of 18 studios, 24 one-bedroom suites, 24 two-bedroom suites and six three-bedroom suites.

All completed suites offer resort or ocean views, and have a full kitchen, private balcony, sleek walk-in shower with soaking tub and spacious living and dining areas. A unique Hawaiian design is showcased throughout the resort with textures and finishes that are native to the Big Island's rich, natural environment.

Amenities include a check-in and departure lounge and an exclusive fitness center, which will be available in the near future. Owners and guests will also have access to the amenities of the Hilton Waikoloa Village, including three pools, a salt water lagoon, Dolphin Quest, tennis courts, a tram and boat system, resort shops, restaurants and the Kohala Spa.

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