Diamond Resorts International® Expands Global Footprint through Alliance with Dorsett Hospitality International

DIAMOND RESORTS INTERNATIONAL® (Diamond), 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 in 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, 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 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 U.S. and Europe travellers into Hong Kong, by tapping into the existing Diamond Resorts International® network of nearly 1.4 million members, owners and guests who visit annually.”

About Diamond Resorts International®
Diamond Resorts International®, with its network of more than 300 vacation destinations located in 33 countries throughout the continental United States, Hawaii, Canada, Mexico, the Caribbean, South America, Central America, Europe, Asia, Australia and Africa provides members, owners and guests with choices and flexibility as they design their dream vacation, whether they’re traveling an hour away or around the world. Our hassle-free, relaxing vacations give guests a truly memorable experience every time, for a lifetime. For more information on Diamond Resorts International®, visit: DiamondResorts.com.

About Dorsett Hospitality International
Dorsett Hospitality International (HKEx Stock Code 2266), formerly known as Kosmopolito Hotels International, is a spin-off from Far East Consortium Limited. With three brands under its umbrella – the upscale and midscale Dorsett Hotels & Resorts and a Collection comprising a range of charismatic boutique hotels, and the value-led Silka Hotels – the group currently owns and manages 19 hotels in China, Hong Kong, Singapore and Malaysia with six more opening within the next two years in China, Hong Kong, and United Kingdom. For more information on Dorsett Hospitality International, visit: www.dorsett.com.

Original Source: Diamond Resorts International® Expands Global Footprint through Alliance with Dorsett Hospitality International
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