Diamond Resorts Reports First Quarter 2021 Financial Results

Rhea-AI Summary

Diamond Resorts announced its investor materials due to the pending merger with Hilton Grand Vacations (NYSE: HGV). The quarterly report for the period ended March 31, 2021, is publicly accessible. Key materials include the Q1 2021 earnings summary and a transcript of the investor call. The company emphasizes its focus on providing quality experiences for members. For further inquiries, investors can contact Diamond's or Hilton's investor relations departments.

Positive

• Pending merger with Hilton Grand Vacations may enhance growth opportunities.
• Public release of comprehensive investor materials increases transparency.

Negative

• Pending merger introduces uncertainty to operational continuity.

ORLANDO, Fla., April 30, 2021 /PRNewswire/ -- Diamond Resorts ("Diamond" or "the Company"), today announced that as a result of its pending merger agreement with Hilton Grand Vacations (NYSE: HGV), it is publicly releasing its investor materials for the quarter ended March 31, 2021.

The materials, which can be accessed by clicking on the corresponding hyperlinks below, include the following:

• Dakota Holdings, Inc. and Subsidiaries (Diamond Resorts) – Quarterly Report for the Period Ended March 31, 2021

• Diamond Resorts First Quarter 2021 Earnings Summary

• Diamond Resorts First Quarter 2021 Investor Call Transcript
  A replay of the teleconference is also available through May 6, 2021 and can be accessed by dialing 404-537-3406; and referencing ID# 4847855.

For inquiries regarding Diamond's first quarter 2021 results, please contact Diamond's investor relations department. For inquiries regarding Diamond's pending merger agreement with Hilton Grand Vacations, please contact Hilton Grand Vacations' investor relations department.

About Diamond Resorts  
Diamond Resorts offers destinations, events and experiences to help members make a habit of breaking from the routine. From unforgettable getaways to exclusive concert series to VIP receptions and dinners, members turn to Diamond to recharge, reconnect and remind each other what matters most. Our focus on quality resorts, customer service and flexibility means members can return to a favorite resort, book a cruise to explore new countries or attend a once-in-a-lifetime event with the same level of confidence and anticipation. With access to a world of entertainment and activities, a Diamond membership ensures travelers look forward to being on vacation.

Investor Contact
Sven Scheffler 
407-414-1605 
Sven.scheffler@diamondresorts.com 

 

View original content:http://www.prnewswire.com/news-releases/diamond-resorts-reports-first-quarter-2021-financial-results-301281473.html

SOURCE Diamond Resorts

FAQ

What are the key highlights from Diamond Resorts' Q1 2021 earnings report?

Diamond Resorts publicly released its Q1 2021 earnings summary as part of its merger with Hilton Grand Vacations.

How does the merger with Hilton Grand Vacations impact HGV's stock?

The merger may provide growth opportunities for HGV, but it also adds operational uncertainty during the transition.

When is the replay available for the Diamond Resorts Q1 2021 investor call?

The replay of the investor call is available until May 6, 2021.

What is the significance of the investor materials released by Diamond Resorts?

The investor materials signify a commitment to transparency and provide insight into the company's performance before the merger.