Diamond Resorts International Expands Global Footprint Through Alliance with Dorsett Hospitality International

As a leader in the travel industry, Diamond Resorts International engages in an international alliance and expands its global presence in Asia offering more destination choices to its members, owners and guests

Las Vegas, USA – 23 May 2013 – Diamond Resorts International, a global leader in the hospitality and vacation ownership industries, engages in a strategic alliance with Dorsett Hospitality International (Dorsett) and now offers its members, owners and guests new destination choices in Asia.

Dorsett owns and manages 20 hotels in China, Hong Kong, Singapore and Malaysia. Dorsett Tsuen Wan is scheduled to open within the third quarter of 2013. Future initiatives for Dorsett include Silka Tsuen Wan, Hong Kong, Dorsett Grand Zhuji and Dorsett Zhongshan, and are expected to launch in 2014. With plans to expand into the United Kingdom, the group’s first venture beyond Asia is the Dorsett Shepherds Bush in London, which is expected to be operational in 2014, to be followed by Dorsett City, London located at Aldgate in 2015.

According to Stephen J. Cloobeck, Founder and Chairman, Diamond Resorts International, “This strategic alliance with Dorsett Hospitality International moves us one step further in our growth initiative, and I am confident that it will prove to be equally beneficial for both parties involved. I made a promise to our members, owners and guests that we would continually work to expand our portfolio and offer new destination choices, and I am proud to deliver on that promise once again and offer these new affiliate vacation destinations in Asia.”

Diamond attended a signing ceremony hosted by Dorsett in Hong Kong on April 9, 2013 to solidify the relationship. While at the ceremony, Ms. Winnie Chiu, President and Executive Director of Dorsett Hospitality International, said, “Whilst we continue to pursue our ‘Chinese Wallet’ strategy, we also believe it is important to also focus on market segments in other continents which are of importance to us as well. Through this affiliation, Dorsett Hospitality International will be able to strengthen and expand its brand presence at a faster pace as well as to increase the arrivals of US and Europe travellers into Hong Kong, by tapping into the existing Diamond Resorts International network of nearly 1.4 million owners, members and guests who visit annually.”

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