Who bought Diamond Resorts International?

Hilton Grand Vacations
Hilton Grand Vacations has completed the previously announced acquisition of Diamond Resorts International, creating the largest upper upscale and luxury timeshare operator in a stock-based transaction with an equity value of approximately $1.4 billion, according to a press release from Hilton Grand Vacations.

How many owners does Diamond Resorts have?

400,000 owners
Diamond’s 92 leisure resorts and nearly 400,000 owners uniquely complement HGV’s 62 upscale and luxury properties and over 325,000 owners, and the combination will create the premier vacation ownership company with the broadest offering in the industry.

Is Diamond Resorts being bought by Hilton?

Hilton Grand Vacations has announced that they will be acquiring Diamond Resorts, who is the largest independent timeshare operator. The agreement between Hilton Grand Vacations Inc. and Diamond Resorts International, Inc. will be a stock based transaction, with the estimated value of approximately 1.4 billion.

Is Diamond Resorts part of Interval International?

MIAMI–(BUSINESS WIRE)–Interval International, a prominent worldwide provider of vacation services and an operating business of Interval Leisure Group (Nasdaq: IILG), and Diamond Resorts International® (NYSE: DRII), a global leader in the hospitality and vacation ownership industries, today announced a multi-year …

What happened Diamond Resorts?

It’s officially official: Hilton Grand Vacations’ $1.4 billion acquisition of Diamond Resorts has closed. As we previously reported in March, when the merger was first announced, the deal caused shockwaves through the timeshare industry.

Are Diamond Resorts still in business?

How do I cancel my Diamond Resorts timeshare?

342.3689, emailing [email protected] or by logging in and visiting the Transitions section of the Member Area. You must have no existing loan balance or other lien encumbering the vacation ownership. You must be current on the payment of all maintenance fees up to the year for which you are relinquishing.

What happened to CEO of Diamond Resorts?

Cloobeck stepped down as chairman and chief executive officer of Diamond Resorts International when the company was purchased by Apollo Global Management, LLC in June 2016.