Industry Veteran Appointed as Senior Vice President, Resort Acquisition & Development for Diamond Resorts International®
Diamond Resorts International® (DRI), a global leader in the vacation ownership industry, has hired Doug Kinsey as Senior Vice President, Resort Acquisition & Development. Kinsey's primary responsibilities will be the acquisition, planning, design and development of DRI properties to support the company's aggressive growth strategy.
Las Vegas, NV (Issues Wire / PRWEB) April 24, 2008 -- Diamond Resorts International® (DRI), a global leader in the vacation ownership industry, has hired Doug Kinsey as Senior Vice President, Resort Acquisition & Development. Kinsey's primary responsibilities will be the acquisition, planning, design and development of DRI properties to support the company's aggressive growth strategy. Kinsey will report to Stephen J. Cloobeck, Chairman and Chief Executive Officer of DRI.
"We have a responsibility to both our investors and our owners and members to ensure our growth is well planned and well-managed," says Stephen J. Cloobeck, Chairman and Chief Executive Officer of DRI. "Doug has a proven track record in identifying and leveraging strategic acquisition and development opportunities that will support our plans for sustained growth and ongoing profitability."
Prior to his engagement at DRI Kinsey served as Senior Vice President of Acquisitions and Development at Bluegreen Corporation where he developed the company's product standards, construction processes and procedures and led an acquisition and development team that developed over 1200 units in 31 locations with a capital development budget of over $250 Million. During the time Kinsey was with Bluegreen, annual sales volumes grew from $200M to over $600M. Prior to Bluegreen, Kinsey served as Senior Vice President of Real Estate Acquisitions for Fairfield Resorts. Under his direction, Fairfield acquired three vacation ownership companies and 17 new projects representing over 2,700 condominium units, with acquisition and development costs of approximately $870 million and over $3.5 billion in timeshare inventories. During this same period Fairfield's sales volume grew from less than $70 million to over $600 million annually.
Prior to Fairfield, Kinsey served as Senior Vice President of Sales and Marketing at NACO/Thousand Trails, Inc. In this position, he was responsible for leading 370 management, sales and support staff at 9 full-service resorts and 29 RV Parks in eighteen states.
"Doug's expertise in all areas of resort development is key to the Diamond Resorts International® growth strategy," says Simon Crawford-Welch, Ph.D., RRP, President and COO of DRI. "His insight and ability to understand the big picture make him the ideal addition to the team. Our goals are aggressive and Doug is the perfect candidate to meet and exceed them."
Mr. Kinsey holds a B.S.B.A. in finance from Western Carolina University.
Diamond Resorts International®, based in Las Vegas, Nev., is one of the largest vacation ownership companies in the world with more than 110 branded and affiliated resorts in 14 countries with destinations throughout the continental United States and Hawaii, Canada, Mexico, the Caribbean and Europe. Offering simplicity, choice and comfort to its more than 360,000 owners and members through the branded service of more than 5,000 team members worldwide, Diamond Resorts International® is dedicated to providing its guests with effortless and relaxing vacation experiences every time, for a lifetime.
For more information, please visit DiamondResorts.com
Contact: Kimberly Perette
Tel US: (702) 261 1005
Tel International UK: +44 (0)1524 845517
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