Apparently Diamond Resorts has been sold. It will be interesting to see what happens to Flamingo and Royal Palm.

Watch out Flamingo & Royal Palm owners according to Jeff Burger Diamond along with both Resorts included have been sold! Remember what happened with the Maintenance fees when Diamond took over, I think we are in for another expensive ride. Although Diamond did a great job of updating the Resorts.

We own at the Flamingo and yesterday she got an e-mail from Diamond Resorts saying that they sold the business.

Here is the email I received.

Dear Members and Owners,

Today we announced that we have entered into a merger agreement under which an affiliate of Apollo Global Management, LLC will acquire Diamond Resorts International, Inc. We wanted to reach out to you directly to assure you that this transaction will not impact your membership or ownership in any way and you may continue to look forward to a lifetime of vacation experiences with us. Our top priority remains providing our members and owners with the unparalleled vacation experiences they have come to expect, and we will continue to deliver exceptional hospitality.

We look forward to seeing you on your next vacation.

Stay happy, Stay healthy and Stay Vacationed.™

Sincerely,
Diamond Resorts International®