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Hilton Grand Vacations to Acquire Diamond Resorts

Hilton Grand Vacations to Acquire Diamond Resorts Hilton Grand Vacations Inc. (“HGV” or “the Company”) announced that it has entered into a definitive agreement to acquire Diamond Resorts International, Inc. (“Diamond”) from funds (the “Apollo Funds”) managed by affiliates of Apollo Global Management, Inc. (together with its consolidated subsidiaries, “Apollo”), funds managed by affiliates of Reverence Capital Partners (“Reverence”), and other Diamond stockholders, in a stock-based transaction with an equity value of approximately $1.4 billion 1. Under the terms of the agreement, the Apollo Funds and other Diamond stockholders will receive 34.5 million shares of HGV common stock, subject to customary adjustments. The acquisition will combine the strength of HGV’s brand and culture with Diamond, the largest independent timeshare operator. Diamond’s 92 leisure resorts and nearly 400,000 owners uniquely complement HGV’s 62 upscale and luxury prop

Hilton Grand Vacations to Acquire Diamond Resorts, Creating the Premier Leisure Operator With the Broadest Offering in the Vacation Ownership Industry

Hilton Grand Vacations to Acquire Diamond Resorts, Creating the Premier Leisure Operator With the Broadest Offering in the Vacation Ownership Industry
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Bachelor star Ben Higgins talks golf tournament, Disney and more

"Bachelor" star Ben Higgins talks about his upcoming appearance at Diamond Resorts Tournament of Champions (Jan. 21-24), what he's looking forward to doing in Orlando and more.

Diamond Resorts Announces the Highly Anticipated Reopening of its St Maarten Properties – Hospitality Net

Royal Palm Beach Resort Photo: Flamingo Beach Resort & Royal Palm Beach Resort Diamond Resorts ®, a global leader in the hospitality, vacation ownership and entertainment industries, is thrilled to announce the highly anticipated reopening of its resorts on beautiful St. Maarten. After extensive, multi-million dollar renovations and the addition of many exciting new amenities, Royal Palm Beach Resort and Flamingo Beach Resort will start welcoming guests back to the Friendly Island on January 1, 2021. We are thrilled to celebrate this exciting new chapter for our two beloved St. Maarten properties, said Mike Flaskey, CEO of Diamond Resorts. At Royal Palm Beach Resort and Flamingo Beach Resort, the very best of the Caribbean is at your fingertips. With world-class amenities, unrivaled beaches and stunning scenery, our St. Maarten resorts are the perfect destination. When the time is right to book your next getaway, we are proud to welcome guests back for a s

Diamond Resorts Announces the Highly Anticipated Reopening of Flamingo Beach Resort & Royal Palm Beach Resort on Beautiful St Maarten

Share this article LAS VEGAS, Dec. 22, 2020 /PRNewswire/  Diamond Resorts ®, a global leader in the hospitality, vacation ownership and entertainment industries, is thrilled to announce the highly anticipated reopening of its resorts on beautiful St. Maarten. After extensive, multi-million dollar renovations and the addition of many exciting new amenities, Royal Palm Beach Resort and Flamingo Beach Resort will start welcoming guests back to the Friendly Island on January 1, 2021. We are thrilled to celebrate this exciting new chapter for our two beloved St. Maarten properties, said Mike Flaskey, CEO of Diamond Resorts. At Royal Palm Beach Resort and Flamingo Beach Resort, the very best of the Caribbean is at your fingertips. With world-class amenities, unrivaled beaches and stunning scenery, our St. Maarten resorts are the perfect destination. When the time is right to book your next getaway, we are proud to welcome guests back for a safe and relaxing stay.

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