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FAQs
Diamond Resorts is a wholly owned subsidiary of Hilton Grand Vacations. Diamond Resorts was an independent timeshare and vacation ownership company until it was purchased by HGV in 2021.
As of 2023, there are only 131 Five Diamond hotels on the list. The AAA Diamond Ratings System is similar to the globally recognized 5 Star classification system, rating hotels in the United States, Canada, Mexico, and the Caribbean.
Hilton Grand Vacations. Diamond Resorts is part of the Hilton Grand Vacations timeshare portfolio of hotels and resorts.);})();(function(){window.jsl.dh(gvXFZumuMOKTxc8PvoawiAk__49,
$1.4 billion. It's officially official: Hilton Grand Vacations' $1.4 billion acquisition of Diamond Resorts has closed. As we previously reported in March, when the merger was first announced, the deal caused shockwaves through the timeshare industry. Why?);})();(function(){window.jsl.dh(gvXFZumuMOKTxc8PvoawiAk__53,
Just like with any other Timeshare, all owners have 3 options available to them:
- Find a new owner on the resale market even if it means giving it away for free.
- Give the ownership back to the DRI/HVC.
- Stop paying and let them eventually foreclose.