Diamond Resorts

Diamond Resorts
Company typeSubsidiary
IndustryVacation Ownership, Timeshare
Founded1992; 32 years ago (1992)
HeadquartersLas Vegas, Nevada, U.S.
Number of locations
56 resorts (Many slated to be rebranded to Hilton brands)
Area served
Worldwide
Key people
Stephen J. Cloobeck, (Founder)
Michael Flaskey (CEO)[1][2]
ProductsVacation Ownership, Timeshare
RevenueIncrease$230.7 million (EBITDA, 2013)[3]
OwnerHilton Grand Vacations
Websitediamondresorts.com

Diamond Resorts is a wholly owned subsidiary of Hilton Grand Vacations. Diamond Resorts was an independent timeshare and vacation ownership company until it was purchased by HGV in 2021. Following the purchase, Diamond's resorts became part of HGV's resort portfolio, and Diamond itself became a brand and subsidiary of HGV. The majority of Diamond Resorts have been or will be rebranded as Hilton vacation Club properties, however the original brand will continue to exist as some resorts are slated to retain the Diamond Resorts name.

  1. ^ "Diamond Resorts Holdings, LLC". businessweek.com. Archived from the original on June 10, 2013.
  2. ^ "DRII Board of Directors". diamondresorts.com. Archived from the original on 2015-03-09.
  3. ^ "Diamond Resorts International's CEO Discusses Q4 2013 Results - Earnings Call Transcript". www.nasdaq.com.