Diamond Resorts International® Assessing Damages after Hurricane Irma

Category 5 Hurricane Irma caused expected damage to resorts in St.
Maarten; Florida resorts received minimal damage

LAS VEGAS–(BUSINESS WIRE)–Diamond Resorts International®, a global leader in the hospitality and
vacation ownership industries, has begun assessing the full impact
Hurricane Irma had on the company’s two resorts in St. Maarten and
across its Florida resorts. Though professional damage assessments have
yet to be completed, all members, owners and guests were immediately
accounted for after the storm in both areas, and the company continues
to reach out to all affected team members and their families.

Hurricane Irma made direct landfall in St. Maarten on Wednesday,
September 6, 2017, as a powerful Category 5 hurricane, causing
widespread damage to the island. Both of Diamond Resorts’ properties in
St. Maarten, the Royal Palm Beach and Flamingo Beach resorts, suffered
damage to be expected of such a strong storm. A full professional
assessment will be completed once the island’s airport resumes
operations. As a precaution, Diamond Resorts has canceled all
reservations at the resorts through November.

Since the storm, Diamond Resorts team members have been working closely
with the military and government authorities to ensure all guests are
safely evacuated off the island. The safety of all guests has remained a
top priority, along with following all government mandated curfews and
orders.

Diamond Resorts expertly prepared for the storm well in advance at both
locations. In Florida, initial assessments revealed that most of the
Orlando-area resorts suffered minor damage. The Crescent Resort on South
Beach and the Charter Club Resort of Naples Bay suffered minimal damage,
and although there was some water intrusion and wind damage to Daytona
Beach Regency and The Cove on Ormond Beach, the full extent is not yet
known. Professional assessments are expected to be completed in the
coming days.

Diamond Resorts continues to reach out to all of its affected team
members and is working to fully understand the impact Irma had on its
properties. For more information about Diamond Resorts, visit DiamondResorts.com.

About
Diamond Resorts International®

Diamond Resorts International® (Diamond Resorts) is a worldwide leader
in the hospitality and vacation ownership industries with a network of
more than 400 vacation destinations located in 35 countries throughout
the continental United States, Hawaii, Canada, Mexico, the Caribbean,
South America, Central America, Europe, Asia, Australasia and Africa.

Diamond Resorts offers its members the opportunity to create priceless
memories through innovative vacation choices including
once-in-a-lifetime excursions to world-renowned landmarks, unforgettable
guided tours to dream destinations, and access to exclusive VIP concert
experiences, high-energy sporting events and exciting shows. With
high-quality resorts in desirable destinations, we provide the kind of
vacation experiences that help our members, owners and guests reconnect
with loved ones, collect a lifetime of meaningful memories and keep that
Stay Vacationed® feeling all year long.

Contacts

Diamond Resorts International®
Stevi Wara, 702-823-7534
media@diamondresorts.com