gold key resorts
Diamond Resorts International Completes Acquisition of Gold Key Resorts
October 20, 2015
October 20, 2015 - LAS VEGAS - Diamond Resorts International, Inc. (NYSE:DRII), announced today that it has completed the previously disclosed acquisition of the vacation ownership business of Gold Key Resorts, adding five vacation ownership resorts in Virginia Beach, VA and one in the Outer Banks, NC. The acquisition adds two new East Coast locations to Diamond Resorts, bringing its global portfolio to a total of 99 managed resorts. David Palmer, President and Chief Executive Officer, Diamond Resorts International, said, "We are pleased to have completed this acquisition, which expands our presence on the East Coast and brings to Diamo...
Diamond Resorts International Acquires Gold Key Resorts for $167.5 million
Gold Key Resorts | August 17, 2015
LAS VEGAS--August 17, 2015--Diamond Resorts International, Inc. (NYSE:DRII), announced today that it has executed an agreement to purchase the vacation ownership business of Gold Key Resorts, which manages five vacation ownership resorts in Virginia Beach, VA and one in the Outer Banks, NC, for $167.5 million. "This is an exciting acquisition that provides us with a platform to expand into a new, complementary geography and owner base," said David Palmer, President and Chief Executive Officer, Diamond Resorts International. "We are purchasing a business with a history of a strong operating performance, and we believe that we can leverag...
