Diamond Resorts International Bought for $2.2 Billion

Cash rich Apollo Global Management made an offer of $2.2 Billion for Diamond Resorts which they accepted. Not that Diamond needed to be rescued but the additional financing will allow Diamond Resorts to continue to grow and enhance their services and expand their owner base.

Diamond Lake Tahoe

Diamond Resorts Lake Tahoe Timeshare

After reading this story I began looking further into what Diamond has done to set themselves apart from the traditional timeshare week sales model. I’m becoming more and more convinced of the advantages that Diamond Resorts owners have in comparison to other timeshare plans.

For example, when you think of New York City in terms of timeshare most people would only name the Manhattan Club or the Hilton. Not so with Diamond. Through Diamond Resorts points and affiliates programs these participating hotels are available as well:

AKA Times Square at 123 West 44th St

Club Quarters opposite Rockefeller Center at 25 West 51st St.

Hotel Boutique at Grand Central, 447 Lexington Avenue

The Jewel facing Rockefeller Center 11 West 51st St

World Center Hotel, NYC  144 Washington St.

PLUS two cruise lines out of New York:

Norwegian Gem Canada And New England Cruise

Norwegian Breakaway Bahamas and Florida Cruise

Gatlinburg Town Square Timeshare Resort

Gatlinburg Town Square Timeshare Resort

Diamond Resorts’ home page declares they have 350+ destinations available to their members. They have vacation condos available in Australia, Africa, Asia, Europe, Mexico, the Caribbean, South America, the US, and Canada.

Diamond Resorts also offers countless numbers of special deals to their members like 3 night rentals for $149, Golf Tournaments, Cruise package deals, and the list goes on. They are proactive in making their program more beneficial for the owners by packing as much as possible into their timeshare interval ownership.
So the bottom line for Diamond timeshare owners is that in the future you should have more options and locations to choose from as the developer makes their brand more competitive.
RPMLS.com has a terrific selection of timeshares for sale from Diamond resorts as well as all the other resort systems including Marriott, Hilton Grand Vacations, Wyndham, Westgate, Starwood, Bluegreen, Silverleaf and many others.

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