Robert LaFleur | Vice President of Investor Relations |
Mark Wang | President and Chief Executive Officer |
James Mikolaichik | Executive Vice President and Chief Financial Officer |
Bradford Dalinka | SunTrust Robinson Humphrey |
Stephen Grambling | Goldman Sachs |
Brandt Montour | J.P. Morgan |
Good morning and welcome to the Hilton Grand Vacations fourth quarter and full-year 2017 earnings conference call. Today's call is being recorded and will be available for replay beginning at 2 PM Eastern Time today. The dial-in number is 888-203-1112 and enter pin number 51999320. At this time, all participants have been placed in a listen-only mode and the floor will be open for your questions following the presentation. [Operator Instructions].