Is Diamond Resorts a Timeshare?
Yes. Diamond Resorts is a points-based timeshare (vacation ownership) operated by Hilton Grand Vacations, Inc. (acquired 2021), covering 70+ (now operating under HGV Max) resorts. On this site's brand file, Diamond Points carry an estimated secondary-market rental value of 8¢–18¢ per points; a typical 51,250-points year is about $4,100–$9,225 in rental value — an estimate, not a payout.
Yes — vacation ownership, not a hotel stay
The Diamond Resorts brand page describes Diamond Points as an annual allocation deployed against the program's point charts — reservations priced by resort, season, and unit size, with banking and borrowing rules set by Hilton Grand Vacations, Inc. (acquired 2021). This answer does not replace that brand page, and we do not publish official point charts here.
Not anymore. Hilton Grand Vacations acquired Diamond Resorts International in 2021, and former Diamond resorts now operate under HGV Max (launched 2022). Diamond points still function as their own allocation for many legacy owners, but the corporate owner is HGV, Inc.
What the points are worth
Published rental value on this site: 8¢–18¢ per points. A typical 51,250-points year is about $4,100–$9,225. Those figures come from the brand file — the same rates as our point-values table and what Diamond Resorts points are worth. We are not inventing a different rate for this answer.
Selling or exiting
Because Diamond sits under HGV, exit and cash-out paths mirror HGV’s: HGV does not operate a public buyback like Wyndham Ovation, so owners use buyer services or licensed resale brokers. Right of first refusal applies on resale.
Get a cash offer on Diamond points
Run the calculator first for a realistic rental-value range — or ask about a free cash offer with no owner fee.
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Frequently asked questions
Is Diamond Resorts a timeshare?
Yes. Diamond Resorts is points-based vacation ownership — a timeshare — operated by Hilton Grand Vacations, Inc. (acquired 2021) across 70+ (now operating under HGV Max) resorts.
Is Diamond Resorts still its own company?
Not anymore. Hilton Grand Vacations acquired Diamond Resorts International in 2021, and former Diamond resorts now operate under HGV Max (launched 2022). Diamond points still function as their own allocation for many legacy owners, but the corporate owner is HGV, Inc.
What are Diamond Points worth?
On this site's brand file, Diamond Points rent for about 8¢–18¢ per points. A typical 51,250-points allocation works out to roughly $4,100–$9,225 per year in estimated rental value. These are published ranges from the same rates as our point-values table — not guaranteed payouts.
How do I sell or exit my Diamond ownership?
Because Diamond sits under HGV, exit and cash-out paths mirror HGV’s: HGV does not operate a public buyback like Wyndham Ovation, so owners use buyer services or licensed resale brokers. Right of first refusal applies on resale.