$DRII News

Last published 10y ago

10y agoDRII APODiamond Resorts International, Inc. and Affiliates of Certain Funds Managed by Affiliates of Apollo Global Management, LLC Announce the Closing of the Previously Announced Transaction amongst the PartiesBusiness WireLAS VEGAS--(BUSINESS WIRE)--Diamond Resorts International, Inc. (“Diamond Resorts” or the “Company”) (NYSE:DRII) and affiliates of certain funds (the “Apollo Funds”) managed by affiliates of Apollo Global Management, LLC (together with its consolidated subsidiaries, “Apollo”) (NYSE:APO) today announced the successful completion of the previously announced transaction amongst the parties, whereby a ...
10y agoDRIIStatue Unveiled in Honor of Diamond Resorts Ambassador and Baseball Hall of Famer Gaylord PerryBusiness WireLAS VEGAS--(BUSINESS WIRE)--Diamond Resorts International® (NYSE: DRII), a global leader in the hospitality and vacation ownership industries, delivered a once-in-a-lifetime vacation experience for members to attend the statue unveiling and special tribute to baseball Hall of Famer Gaylord Perry at San Francisco’s AT&T Park on Saturday, August 13 at 1:00 p.m., followed by a private luncheon with P ...
10y agoDRII APODiamond Resorts International, Inc. Reports Second Quarter 2016 Financial ResultsBusiness WireLAS VEGAS--(BUSINESS WIRE)--Diamond Resorts International, Inc. (NYSE: DRII) (“Diamond”, “We” or the “Company”), today announced results for the second quarter ended June 30, 2016. In light of the Company’s recently announced entry into the Merger Agreement (as defined below), guidance will not be provided in this release.
10y agoDRIIINVESTOR NOTICE: Goldberg Law PC Announces an Investigation of Claims Against Diamond Resorts International, Inc. and Advises Investors With Losses to Contact the FirmBusiness WireLOS ANGELES--(BUSINESS WIRE)--Goldberg Law PC announces that it is investigating Diamond Resorts International, Inc. (“Diamond” or the “Company”) (NYSE: DRII) concerning possible violations of federal securities laws.
10y agoDRIISHAREHOLDER NOTICE: Khang & Khang LLP Announces an Investigation of Diamond Resorts International, Inc. and Reminds Investors with Losses to Contact the FirmBusiness WireIRVINE, Calif.--(BUSINESS WIRE)--Khang & Khang LLP (the “Firm”) announces that it is investigating claims against Diamond Resorts International, Inc. (“Diamond” or the “Company”) (NYSE: DRII) concerning possible violations of federal securities laws.
10y agoDRIIIMPORTANT INVESTOR NOTICE: Lundin Law PC Announces an Investigation of Diamond Resorts International, Inc. and Advises Investors with Losses to Contact the FirmBusiness WireLOS ANGELES--(BUSINESS WIRE)--Lundin Law PC (http://lundinlawpc.com/) announces that it is investigating claims against Diamond Resorts International, Inc. (“Diamond” or the “Company”) (NYSE: DRII) concerning possible violations of federal securities laws.
10y agoDRIIDiamond Resorts International Postpones its Second Quarter 2016 Earnings ReleaseBusiness WireLAS VEGAS--(BUSINESS WIRE)--Diamond Resorts International, Inc. (“Diamond Resorts” or the “Company”) (NYSE: DRII) today announced that it is postponing its second quarter 2016 earnings release because its independent registered public accounting firm, BDO USA, LLP, (“BDO USA”), has expressed the view that the Company may not have correctly applied the relative sales value inventory valuation model ...
10y agoDRIIDiamond Resorts International Announces Second Quarter 2016 Earnings Release DateBusiness WireLAS VEGAS--(BUSINESS WIRE)--Diamond Resorts International, Inc. (NYSE: DRII) will issue a press release to report its results for the second quarter ended June 30, 2016 on August 1, 2016. Due to the planned merger with Apollo Global Management, the Company will not host a conference call for its second quarter financial results.
10y agoAPO DRIICertain Funds Affiliated with Apollo Global Management Announce Commencement of Tender Offer for All Outstanding Shares of Diamond ResortsBusiness WireNEW YORK--(BUSINESS WIRE)--Certain funds affiliated with Apollo Global Management, LLC (NYSE:APO) (together with its consolidated subsidiaries, “Apollo”) announced the commencement of a cash tender offer to purchase all of the outstanding shares of common stock of Diamond Resorts International, Inc. (NYSE: DRII) (“Diamond Resorts”). The tender offer is being made pursuant to the merger agreement ( ...
10y agoDRII APODiamond Resorts International, Inc. Enters into Definitive Merger Agreement to Be Acquired by Affiliates of Certain Funds Managed by Affiliates of Apollo Global Management for $30.25 Per Share in CashBusiness WireLAS VEGAS--(BUSINESS WIRE)--Diamond Resorts International, Inc. (“Diamond Resorts” or the “Company”) (NYSE: DRII) today announced that it has entered into an Agreement and Plan of Merger (the “Merger Agreement”) with affiliates of certain funds (the “Apollo Funds”) managed by affiliates of Apollo Global Management, LLC (together with its consolidated subsidiaries, “Apollo”) (NYSE: APO), pursuant t ...
10y agoDRIIDiamond Resorts International Completes $100 Million Warehouse FacilityBusiness WireLAS VEGAS--(BUSINESS WIRE)--Diamond Resorts International, Inc. (NYSE:DRII) announced today that it has completed a $100 million warehouse facility for its loans receivable with Capital One Bank. The facility provides for a $10 million sub-limit of Canadian dollar- denominated receivables. The facility has a 30 month advance period with a stated maturity of May 11, 2020. Pursuant to the terms of t ...
10y agoDRIIDiamond Resorts International Joins CBS’s THE TALK in Celebrating Mother’s Day with Surprise Vacation GiveawayBusiness WireLAS VEGAS--(BUSINESS WIRE)--Happy cheers erupted in the audience at CBS’s Emmy Award-winning THE TALK on Friday, May 6, as the hosts announced that Diamond Resorts International® was giving away 275 vacations in honor of Mother’s Day.
10y agoDRIIDiamond Resorts International Celebrates Mother’s Day With the Hosts of CBS’s Emmy Award-Winning Daytime Show THE TALKBusiness WireLAS VEGAS--(BUSINESS WIRE)--Audience members of CBS’s Emmy Award-winning THE TALK will receive a big surprise from Diamond Resorts International® later this week. On Friday, Diamond Resorts and THE TALK will share a secret for creating a memorable Mother’s Day.
10y agoDRIIDiamond Resorts International, Inc. Reports Record First Quarter 2016 Financial ResultsBusiness WireLAS VEGAS--(BUSINESS WIRE)--Diamond Resorts International, Inc. (NYSE:DRII) (“Diamond”, “We” or the “Company”), today announced results for the first quarter ended March 31, 2016.
10y agoDRIIDiamond Resorts International® Expands Efforts in Social ResponsibilityBusiness WireLAS VEGAS--(BUSINESS WIRE)--For Diamond Resorts International®, socially responsible outreach has long been a key component of its corporate mission. In 2016 these efforts will be in effect both locally in Nevada and in its resort communities around the world.
10y agoDRIIDiamond Resorts International Announces First Quarter 2016 Earnings Conference Call - Wednesday, May 4, 2016, 5:00 PM ETBusiness WireLAS VEGAS--(BUSINESS WIRE)--Diamond Resorts International, Inc. (NYSE:DRII) announced today that it will release its first quarter 2016 earnings results after the market closes on Wednesday, May 4, 2016. Management will hold a conference call to discuss the quarter's results at 5:00 p.m. ET that day.
10y agoDRIISplash into Summer Fun! Diamond Resorts International® Introduces New Kids Camp and Pool at Cabo Azul ResortBusiness WireLAS VEGAS--(BUSINESS WIRE)--This spring and summer, kids can join in on a Buccaneer Treasure Hunt, cannonball contests, boogie board races and more at the new Camp Tortuga kids camp at Cabo Azul Resort in San Jose del Cabo, Mexico, a Diamond Resorts International®property. Chock full of entertaining events, turtle arts and crafts, fun educational activities and lots of time in a brand new, dedicat ...
10y agoDRIIThe Diamond Resorts International Events of a Lifetime 2016 Concert Series is Music to Members’ EarsBusiness WireLAS VEGAS--(BUSINESS WIRE)--As champions of happier and healthier living through the power of vacations, Diamond Resorts International (DRII) continues to deliver on its promise of providing unique and exciting vacation experiences to its members and owners by introducing the 2016 concert series through Events of a Lifetime®.
10y agoDRIIDiamond Resorts International's (DRII) CEO David Palmer on SunTrust Robinson Humphrey to Host a Discussion with Management of Diamond Resorts International -Call TranscriptEarnings Call Transcripts
10y agoDRIISunTrust Robinson Humphrey to Host a Discussion with Management of Diamond Resorts InternationalBusiness WireLAS VEGAS--(BUSINESS WIRE)--Diamond Resorts International, Inc. (NYSE: DRII) announced today that its management team will participate in a discussion hosted by SunTrust Robinson Humphrey on Monday, March 14, 2016 at 2:00 PM ET.
10y agoDRIIDiamond Resorts International to Present at J.P. Morgan Gaming, Lodging, Restaurant & Leisure ForumBusiness WireLAS VEGAS--(BUSINESS WIRE)--Diamond Resorts International, Inc., (NYSE:DRII) announced today that Executive Vice President and Chief Financial Officer, Al Bentley, and Senior Vice President, Investor Relations and Financial Planning, Frank Acito, are scheduled to present at the J.P. Morgan Gaming, Lodging, Restaurant & Leisure Forum at 11:20 AM PT on Friday, March 11, 2016 at Encore at Wynn Las Ve ...
10y agoDRIIDiamond Resorts International's (DRII) CEO David Palmer on Q4 2015 Results - Earnings Call TranscriptEarnings Call Transcripts
10y agoDRIIDiamond Resorts International Announces Exploration of Strategic AlternativesBusiness WireLAS VEGAS--(BUSINESS WIRE)--The Board of Directors (the “Board”) of Diamond Resorts International, Inc. (NYSE:DRII) (“the Company”) announced today that it has formed a Committee of Independent Directors to explore strategic alternatives to maximize shareholder value. The Committee has retained Centerview Partners LLC as its financial advisor.
10y agoDRIIDiamond Resorts International, Inc. Reports Record Fourth Quarter 2015 Financial ResultsBusiness WireLAS VEGAS--(BUSINESS WIRE)--Diamond Resorts International, Inc. (NYSE: DRII) (“Diamond”, “We” or the “Company”), today announced results for the fourth quarter and full year ended December 31, 2015.
10y agoDRIIDiamond Resorts International Announces Fourth Quarter 2015 Earnings Conference Call - Wednesday, February 24, 2016, 5:00 PM ETBusiness WireLAS VEGAS--(BUSINESS WIRE)--Diamond Resorts International, Inc. (NYSE:DRII) announced today that it will release its fourth quarter 2015 earnings results after the market closes on Wednesday, February 24, 2016. Management will hold a conference call to discuss the quarter's results at 5:00 p.m. ET that day.
10y agoDRIIDiamond Resorts International Completes Acquisition of Intrawest Resort Club GroupBusiness WireLAS VEGAS--(BUSINESS WIRE)--Diamond Resorts International, Inc. (NYSE:DRII), announced today that it has completed the previously disclosed acquisition of the vacation ownership business of Intrawest Resort Club Group from Intrawest Resort Holdings, Inc.
10y agoDRIISports and Entertainment Celebrities at Diamond Resorts Invitational Help Raise $503,000 for Florida Hospital for ChildrenBusiness WireLAS VEGAS--(BUSINESS WIRE)--As champions of happier and healthier living through the power of vacations, DIAMOND RESORTS INTERNATIONAL® (NYSE: DRII), with the support of more than 70 sports and entertainment celebrities, successfully raised $503,000 in net proceeds to benefit the Walt Disney Pavilion at Florida Hospital for Children (FHFC) at the Diamond Resorts Invitational Champion’s Gala and au ...
10y agoDRIICountry Music Artist Jana Kramer Signs on as Diamond Resorts International Brand AmbassadorBusiness WireLAS VEGAS--(BUSINESS WIRE)--Diamond Resorts International® (NYSE: DRII), a global leader in the hospitality and vacation ownership industries, announces a new alliance and sponsorship arrangement with award-winning country music artist and actress Jana Kramer.
10y agoDRIIDiamond Resorts International Provides Update on Share Repurchase ProgramBusiness WireLAS VEGAS--(BUSINESS WIRE)--Diamond Resorts International, Inc. (NYSE:DRII) announced today that since commencing its share repurchase program in October, 2014, the Company has acquired approximately 6.4 million shares of its common stock at an average price per share of approximately $28.23, representing a total share repurchase to date of approximately $179.5 million. As a result of these transa ...
10y agoDRIIDiamond Resorts International Gives Back This Holiday Season with Initiatives Across Resort CommunitiesBusiness WireLAS VEGAS--(BUSINESS WIRE)--Diamond Resorts International® spreads joy this season with the kickoff of its annual holiday fundraising initiatives. Continuing its efforts to support organizations that touch the lives of people, Diamond Resorts International® will once again support the U.S. Marine Corps Reserve Toys for Tots Foundation as well as many other local organizations in its resort and cor ...
10y agoDRIIDiamond Resorts International Announces Brand Ambassador Brittany Lincicome, LPGA Tour ProfessionalBusiness WireLAS VEGAS--(BUSINESS WIRE)--Diamond Resorts International® (NYSE: DRII), a global leader in the hospitality and vacation ownership industries, announces a new sponsorship arrangement and welcomes LPGA Tour professional Brittany Lincicome as a Diamond Resorts ambassador.
10y agoDRIIDiamond Resorts International Closes $150 Million Incremental Term Loan Under Its Senior Secured Credit FacilityBusiness WireLAS VEGAS--(BUSINESS WIRE)--Diamond Resorts International, Inc. (NYSE:DRII) announced today the completion of the Second Amendment and First Incremental Assumption Agreement (the “Second Amendment”) to the Company’s existing Credit Agreement. The Second Amendment provides for a $150 million incremental term loan made as part of the Company’s senior secured credit facility, which had an outstanding ...
10y agoDRII SNOWDiamond Resorts International to Acquire Intrawest Resort Club GroupBusiness WireLAS VEGAS--(BUSINESS WIRE)--Diamond Resorts International, Inc. (NYSE:DRII), announced today that it has entered into a definitive agreement to purchase Intrawest Resort Club Group (“IRCG”) from Intrawest Resorts Holdings, Inc. (NYSE: SNOW) for $85 million, subject to certain closing date adjustments. The transaction is expected to be completed by the first quarter of 2016.
10y agoDRIIDiamond Resorts International Completes $180 Million Securitization of Vacation Ownership ReceivablesBusiness WireLAS VEGAS--(BUSINESS WIRE)--Diamond Resorts International, Inc. (NYSE:DRII) announced today that it has completed a securitization involving the issuance of $180 million of investment-grade rated securities. The issuance was completed through Diamond Resorts Owner Trust (“DROT”) 2015-2 and is comprised of $159.38 million of AA- rated vacation ownership loan backed notes and $20.62 million of A- ra ...
11y agoDRIIDiamond Resorts International to Attend Upcoming ConferencesBusiness WireLAS VEGAS--(BUSINESS WIRE)--Diamond Resorts International, Inc., (NYSE:DRII) announced today that President and Chief Executive Officer David Palmer is scheduled to present at the Goldman Sachs US Emerging / SMID Cap Conference at 3:10 pm ET on November 19, 2015 at the Crowne Plaza Times Square in New York, NY. Mr. Palmer will also attend the SunTrust Lodging and Leisure Conference on December 2, ...
11y agoDRIIDiamond Resorts International, Inc. Reports Record Third Quarter 2015 Financial ResultsBusiness WireLAS VEGAS--(BUSINESS WIRE)--Diamond Resorts International, Inc. (NYSE:DRII) (“Diamond”, “We” or the “Company”), today announced results for the third quarter ended September 30, 2015.
11y agoDRIIManagement Team of Diamond Resorts Provides Statement in Response to Letter from FrontFour Capital Group LLC and ADW Capital Partners L.P.Business WireLAS VEGAS--(BUSINESS WIRE)--Diamond Resorts International, Inc. (NYSE:DRII) today issued the following statement from its management team in response to a letter received from FrontFour Capital Group LLC and ADW Capital Partners L.P.
11y agoDRIIDiamond Resorts International Completes Acquisition of Gold Key Resorts and Delivers More Exciting Vacation DestinationsBusiness WireLAS VEGAS--(BUSINESS WIRE)--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 ...
11y agoDRIIDiamond Resorts International Announces Third Quarter 2015 Earnings Conference Call - Wednesday, October 28, 2015, 5:00 PM ETBusiness WireLAS VEGAS--(BUSINESS WIRE)--Diamond Resorts International, Inc. (NYSE:DRII) announced today that it will release its third quarter 2015 earnings results after the market closes on Wednesday, October 28, 2015. Management will hold a conference call to discuss the quarter's results at 5:00 p.m. ET that day.
11y agoDRIILittle Passports Enters Agreement with Diamond Resorts International®Business WireSAN FRANCISCO & LAS VEGAS--(BUSINESS WIRE)--Little Passports, the award-winning subscription service that inspires children to learn about the world through fun and engaging monthly content, today announced an agreement with Diamond Resorts International®, a global leader in the hospitality and vacation ownership industries. Customized Little Passports World Edition subscriptions are now available ...
11y agoDRIIDiamond Resorts International to Present at Upcoming ConferencesBusiness WireLAS VEGAS--(BUSINESS WIRE)--Diamond Resorts International, Inc., (NYSE: DRII) announced today that President and Chief Executive Officer David Palmer and Senior Vice President, Investor Relations and Financial Planning, Frank Acito are scheduled to attend the following upcoming conferences:
11y agoDRIIDiamond Resorts International Expands East Coast Vacation Destinations Through Gold Key Resorts AcquisitionBusiness WireLAS VEGAS--(BUSINESS WIRE)--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.
11y agoDRIIDiamond Resorts International Announces Board ChangeBusiness WireLAS VEGAS--(BUSINESS WIRE)--Diamond Resorts International, Inc. (NYSE: DRII) announced today that B. Scott Minerd, Chairman of Investments and Global Chief Investment Officer at Guggenheim, has stepped down from the Board of Directors, effective July 28, 2015. Mr. Minerd had served on the Board of the Company and its predecessor since 2010. Stephen J. Cloobeck, Chairman of Diamond Resorts Internat ...
11y agoDRIIDiamond Resorts International, Inc. Reports Record Second Quarter 2015 Financial ResultsBusiness WireLAS VEGAS--(BUSINESS WIRE)--Diamond Resorts International, Inc. (NYSE:DRII) (“Diamond”, “We” or the “Company”), today announced results for the second quarter ended June 30, 2015.
11y agoDRII OZMDiamond Resorts Announces New Hawaii DevelopmentBusiness WireLAS VEGAS--(BUSINESS WIRE)--Diamond Resorts International, Inc. (NYSE:DRII) announced today that it has entered into an agreement with an affiliate of Och-Ziff Real Estate for the development of a new resort in Kona, Hawaii. The resort will be developed consistent with Diamond’s approach to sourcing inventory in a capital-light, cost efficient manner. The resort is expected to offer 144 units.
11y agoDRIIDiamond Resorts International Announces Second Quarter 2015 Earnings Conference Call - Wednesday, July 29, 2015, 5:00 PM ETBusiness WireLAS VEGAS--(BUSINESS WIRE)--Diamond Resorts International, Inc. (NYSE:DRII) announced today that it will release its second quarter 2015 earnings results after the market closes on Wednesday, July 29, 2015. Management will hold a conference call to discuss the quarter's results at 5:00 p.m. ET that day.
11y agoDRIIDiamond Resorts International Announces The Diamond Resorts Invitational Celebrity Golf Tournament with a $500,000 Purse featured on NBC’s Golf ChannelBusiness WireLAS VEGAS--(BUSINESS WIRE)--As champions of happier and healthier living through the power of vacations, DIAMOND RESORTS INTERNATIONAL® (NYSE: DRII) presents the Diamond Resorts Invitational benefiting Florida Hospital for Children, set to take place January 12 – 17, 2016 at The Golden Bear Club in Windermere, Florida. The week-long, world-class event will feature an 84-person field in a 54-hole c ...
11y agoDRIIDiamond Resorts International to Present at Upcoming ConferencesBusiness WireLAS VEGAS--(BUSINESS WIRE)--Diamond Resorts International, Inc., (NYSE:DRII) announced today that President and Chief Executive Officer David Palmer, Executive Vice President and Chief Financial Officer Alan Bentley and Senior Vice President, Investor Relations and Financial Planning, Frank Acito are scheduled to attend several upcoming conferences, including:
11y agoDRIIDiamond Resorts International, Inc. Reports Record First Quarter 2015 Financial ResultsBusiness WireLAS VEGAS--(BUSINESS WIRE)--Diamond Resorts International, Inc. (NYSE:DRII) (“Diamond” or the “Company”), today announced results for the first quarter ended March 31, 2015.
11y agoDRIIDiamond Resorts International Announces First Quarter 2015 Earnings Conference Call - Wednesday, April 29, 2015, 5:00 PM ETBusiness WireLAS VEGAS--(BUSINESS WIRE)--Diamond Resorts International, Inc. (NYSE: DRII) announced today that it will release its first quarter 2015 earnings results after the market closes on Wednesday, April 29, 2015. Management will hold a conference call to discuss the quarter's results at 5:00 p.m. ET that day.