Hilton Grand Vacations to Acquire Diamond Resorts

Hilton Grand Vacations (HGV) has just announced the company’s agreement to acquire Diamond Resorts International from funds managed by affiliates of Apollo Global Management Group (Apollo Funds), Reverence Capital Partners, and other Diamond stockholders. This acquisition is a stock-based transaction valued at approximately $1.4 billion and is expected to close in the summer of 2021. [Read more…]

Diamond Resorts Introduces “Stay Vacationed” Packages Amidst COVID-19

Leading vacation ownership and hospitality company Diamond Resorts International has announced new, COVID-safe “Stay Vacationed” packages for their guests through their condo-style accommodations. Aimed at families who are working and schooling remotely, the company wants to help guests break up their daily routine with a getaway to one of their many resort locations. [Read more…]

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Diamond Resorts Names Jim Mikolaichik New CFO

International vacation ownership and hospitality leader Diamond Resorts has just announced its newest Chief Financial officer, Jim Mikolaichik.

Mikolaichik has over 25 years of global financial and strategic planning experience including budgeting, financial services, resort operations, sales and marketing management, corporate HOA accounting, and corporate development. He has most recently served as Executive Vice President and Chief Financial Officer at Hilton Grand Vacations where he led all finance-related matters in the tax-free spin of Hilton Grand Vacations and the acquisition of Elara by HGV in Las Vegas. [Read more…]

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Diamond Resorts Promises Improved Communication and Connection with Brand Refresh

Diamond Resorts has begun to make some great changes, starting with a brand refresh and a slight change of name. This hospitality and vacation ownership leader has shortened its name from the former Diamond Resorts International® and is now focused on helping their members make the most of their vacation by, “making a habit of breaking from the routine.” [Read more…]

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