Diamond Resorts International®, has announced that Matt Avril will assume the role of chief executive officer effective January 1, 2017.
In his previous role as chief executive officer of Starwood Vacation Ownership from 2015 and 2016, Avril led the day to day operation of the Company and led the SEC process for the planned public company spinoff which was valued at approximately $1.3 billion. With over 30 years of experience in executive leadership roles, principally in the hospitality and vacation ownership industries, Avril held senior positions within Starwood Hotels and at Starwood Vacation Ownership including serving as President of Starwood’s Global Hotel Group, where he led worldwide operations for Starwood’s nine hotel brands at over 1,000 properties in more than 100 countries.
According to Matt Avril, Appointed CEO, Diamond Resorts International®, “I am very excited for the opportunity to lead Diamond Resorts. It is incredible to see what this team has accomplished. I look forward to the road ahead as we continue to enhance our guest experience and continue to focus on strategic goals and initiatives across the business.”
“I have known Matt for several years and am very pleased that he has accepted this role,” said David Palmer, President and CEO, Diamond Resorts International®. “I have complete confidence in him and have no doubt that with his background and undeniable track record, he is prepared to lead the global team to new heights.”
Effective December 31, 2016, David Palmer will retire as President and CEO of the Company. Palmer will continue to support Diamond Resorts over the next two years through an advisory role with Apollo Global Management. Additionally, Executive Vice President and Chief Sales and Marketing Officer, Michael Flaskey, will assume the role of President of Vacation Ownership for Diamond Resorts.
According to David Sambur, Partner at Apollo, “David, the management team and the over 8,000 team members at Diamond Resorts have done an incredible job delivering industry leading hospitality experiences. We wish David the best of luck in his retirement at the end of the year and look forward to his continuing support in an advisory role. We are very excited to welcome Matt as the new CEO and are looking forward to working with him and the rest of the team to even further grow and enhance the business. Further, we congratulate Mike on his promotion and are excited to work with him in his expanded role.”