Diamond Resorts International® Eyes Alternative Pathways For Customers

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Global hospitality and vacation ownership company recognizes timeshare resale opportunities

Diamond Resorts International® (DRI), a global leader in the hospitality and vacation ownership industries, has today announced it is working closely with its European membership who have authorized a third party reseller, Travel & Leisure Group (TLG), to act as reseller for Diamond Resorts European Collection (DREC) points. This is the first time DREC members have had the opportunity to deal directly with an authorized reseller.

Travel & Leisure Group International Timeshare Resale Brokerage, is a family owned company working closely with developers and helping owners to sell their timeshare and buyers to make the right choice when it comes to vacation holiday ownership. A financially sound international timeshare company, TLG have steadily consolidated and expanded their business throughout the world, and says Maria Mills-Farinas, Managing Director of TLG, "we are delighted to be able to offer the consumer this new opportunity and to assist Diamond Resorts European Collection members with a never before offered opportunity as well as a reputable partner and process. Many of the members have been with Diamond for a very long time and it's time for them to let someone else enjoy what they have for so many years. And we are glad to be a part of that process, to help them find an alternative."

DRI is also exploring alternative pathways for its points members in North America. According to Stephen J. Cloobeck, Chairman and Chief Executive Officer, Diamond Resorts International®, "The U.S. market is over-saturated with resale companies. Just turn on any cable television station and you can hear the enticing ads. We owe it to our members to provide them with the due diligence to explore the best possible resale opportunities available, if they exist, so we will take the time to monitor our European business model with a single authorized reseller and see if that transposes in the U.S. and adheres to state regulations, our club constitutions and our home owners associations."

Diamond Resorts International® continues to expand and seek efficiencies in all facets of its operations. Now, more than ever before, DRI is helping families enjoy the benefits of vacation ownership and the importance of spending time with each other.

Annually, nearly 1.4 million owners, members and guests enjoy the simplicity, choice and comfort Diamond Resorts International® offers through our branded hospitality experience.

Diamond Resorts International®, with global headquarters in Las Vegas, Nev., is one of the largest vacation ownership companies in the world with more than 160 branded and affiliated resorts and over 24,000 guest beds in 26 countries with destinations throughout the continental United States and Hawaii, Canada, Mexico, the Caribbean, Europe, Asia, Australia and Africa. Offering simplicity, choice and comfort to more than 400,000 owners and members through the branded hospitality service of more than 5,500 team members worldwide, Diamond Resorts International® is dedicated to providing its guests with effortless and relaxing vacation experiences every time, for a lifetime. To learn more, visit DiamondResorts.com.


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Kimberly Perette
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