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Who does Diamond Resorts own?
Hilton Grand Vacations Inc.
Hilton Grand Vacations Inc. is acquiring Diamond Resorts International Inc., the time-share company owned by Apollo Global Management Inc., in a stock deal with an equity value of about $1.4 billion, according to a statement Wednesday.
Does Hilton Own Diamond Resorts?
Hilton Grand Vacations has entered into a definitive agreement to acquire Diamond Resorts International, the largest independent timeshare operator, in a stock-based transaction value of 1.4 billion, according to a news release. The combined company will have 720,000 owners and 154 resorts.
Does Marriott Own Diamond Resorts?
20 Blue Diamond Resorts properties to join Marriott International’s portfolio. This agreement will elevate the positioning of 20 of our Blue Diamond Resorts properties which are becoming part of Marriott’s Autograph Collection and Tribute Portfolio brands. See below for more details and properties.
How many properties does Diamond Resorts own?
Whether you’re looking for a weekend getaway or an adventure halfway across the world, our network of over 400 resorts offers you comfort, choice and flexibility.
Can you cancel Diamond Resorts membership?
Cancellation: For a full refund of your Deposit, Owner(s) may cancel at any time within 10 days upon receipt of the confirmation letter (the “Cancellation Period”). Please send cancellation requests to Diamond Events, 10615 Park Run Drive, Las Vegas, NV, 89144 or call 1.800. 391.7840.
Is Apollo selling diamond resorts?
Apollo Global Management and Reverence Capital Partners have agreed to sell Diamond Resorts International to Hilton Grand Vacations for about $1.4 billion. The deal is expected to close this summer. Based in Las Vegas, Diamond Resorts International Inc is a timeshare company.
Did Marriott buy Royalton resorts?
Royalton Will Be Part of the All-Inclusive by Marriott International Portfolio.
What is the best Royalton resort?
One of the most respected and credible luxury travel publications, Conde Nast Traveler has ranked Royalton Punta Cana and CHIC Punta Cana among the Top Resorts in the Caribbean for its 2016 Reader’s Choice Awards.
Who is the current owner of Diamond Resorts?
After the acquisition, Diamond Resorts re-branded the Intrawest Resort Club Group as Embarc Resorts. On June 29, 2016, Apollo Global Management made a successful offer to purchase Diamond Resorts International.
Where are Diamond Resorts located in the world?
Diamond Resorts is a timeshare company headquartered in Las Vegas, Nevada, with regional offices in Orlando, Florida, Lancaster, United Kingdom. The company has a network of more than 379 vacation destinations in 35 countries around the world and sells vacation ownership points.
Do you have to be a member of Diamond Resorts?
A points based membership where you can reserve nights and weeks at any of the Diamond owned Timeshare resorts and also many of the Affiliated resorts within the system. To be a club member you must have purchased your ownership directly from Diamond Resorts or obtained from a family transfer of an original ownership.
When did Diamond Resorts acquire Amber Vacation Club?
That same month, acquired Amber Vacation Club in March 2018 and will assume operations at Amber’s managed resorts, Sunrise Ridge Resort in Pigeon Forge, Tennessee and Alhambra Villas and Alhambra at Poinciana in Kissimmee, Florida. In April 2018, Diamond Resorts announced it had acquired The Modern Honolulu, a boutique hotel in Honolulu, Hawaii.