Tuesday, January 29, 2008

Diamond Resorts International® Hires Tax Professional as Vice President and Tax Counsel


Diamond Resorts International® Hires Tax Professional as Vice President and Tax Counsel

Las Vegas - January 29, 2008 -- Diamond Resorts International® (DRI), a global leader in the vacation ownership industry, has appointed Keith Holmes as Vice President & Tax Counsel. Holmes joins a strong finance team reporting to David Palmer, Chief Financial Officer of DRI.

Prior to joining DRI, Holmes held the position of Vice President and Tax Counsel with Caesars Entertainment, Inc., providing tax and legal counsel on development, joint ventures, mergers and acquisitions, federal, state and international tax planning, structuring, audit defense & compliance. Holmes also served as a tax consultant to international clients in the gaming and lodging industries during his nearly 10 year tenure with Arthur Andersen LLP.

"Keith brings with him a wealth of experience in all areas of tax law, M&A and corporate finance,” says Simon Crawford-Welch, Ph.D., RRP, President and COO of DRI. “We welcome his expertise and experience to ensure that every transaction and opportunity is fully researched and structured in such a manner as to ensure compliance and optimal benefits to Diamond Resorts International.”

Holmes received a B.S. in Accounting from the University of Nevada, Reno, Juris Doctor at Pepperdine University Law School and L.L.M. in Taxation from Georgetown University Law Center. He is a member of the State Bar of California.

“Keith’s experience will be leveraged to create and enhance tax efficiencies in existing operations and evaluate tax aspects of expansion opportunities,” says David Palmer, Chief Financial Officer of DRI. “Having an internal resource will ensure timely decisions and consistent communications with our external tax service providers to support our plans for sustained growth and profitability.”

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 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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