Diamond Resorts International® Chairman and CEO Meets with White House to Support Travel Strategy

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As a leader in the travel industry, Chairman and CEO of Diamond Resorts International® expresses support for President Obama’s national travel and tourism strategy.

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DIAMOND RESORTS INTERNATIONAL® (Diamond) Chairman and Chief Executive Officer, Stephen J. Cloobeck, together with CEOs from the nation’s leading travel industry companies, met with senior Administration officials at the White House to express support for President Obama’s national travel and tourism strategy on March 28, 2012.

President Obama’s national travel and tourism strategy would increase travel and foreign tourism to the United States, spurring economic growth and job creation. As a cornerstone of the U.S. economy and one of our nation’s leading service sectors, the $1.9 trillion travel industry supports 14.4 million U.S. jobs and with the appropriate policies in place, has the potential to quickly provide opportunities for unemployed workers across the country.

Mr. Cloobeck expressed his continued support for President Obama’s Executive Order given in January which included: A new pilot program and rule change for visa processing in China and Brazil; a final rule to expand and make the Global Entry program permanent; the appointment of new members to the U.S. Travel and Tourism Advisory Board; and the Nomination of Taiwan to the Visa Waiver Program.

According to Stephen J. Cloobeck, Chairman and Chief Executive Officer, Diamond Resorts International®, "As a global leader in the travel and vacation ownership industries, it’s my responsibility to be actively involved, united with fellow travel industry leaders, and supporting vital travel initiatives as the U.S. seeks to become the top tourist destination in the world.”

Alongside Mr. Cloobeck, some of the other CEOs representing the travel industry at the White House meeting included: Jim Atchison, President & Chief Executive Officer, Seaworld Parks & Entertainment; Roger Dow, President and Chief Executive Officer, U.S. Travel Association; Dara Khosrowshahi, President and Chief Executive Officer, Expedia, Inc.; Christopher Nassetta, President and Chief Executive Officer, Hilton Worldwide; Rossi Ralenkotter, President & Chief Executive Officer, Las Vegas Convention and Visitors Authority; John Sprouls, Executive Vice President & Chief Administrative Officer, Universal Parks and Resorts; and Frits van Paasschen, President and Chief Executive Officer, Starwood Hotels & Resorts Worldwide.

Diamond Resorts International®, with global headquarters in Las Vegas, Nevada, is one of the largest hospitality companies in the world with more than 200 branded and affiliated resorts and over 27,000 guest beds in 28 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 418,000 owners and members through the branded hospitality service of approximately 5,000 team members worldwide, Diamond Resorts International® is dedicated to providing its guests with effortless and relaxing vacation experiences every time, for a lifetime.

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

About Diamond Resorts Corporation
Diamond Resorts Corporation and its subsidiaries develop, own, operate and manage vacation ownership resorts and, through resort and partner affiliation agreements, provide owners and members with access to 71 managed resorts and 144 affiliated resorts and four cruise itineraries through THE Club® at Diamond Resorts International®. To learn more, visit DiamondResorts.com.

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