Bluegreen Corp., an operator of vacation ownership plans and planned residential communities has reached a nonbinding agreement to be purchased by Diamond Resorts International for about $500 million, excluding debtt

Close to the news that Americans gave up $60B worth of vacation time last year as per our May 1 newsletter , we’ve come across yet another report, this time from findings of Destination Analysts' bi-annual The State of the American Traveler survey, which shows that 45.8% of the 1000 American leisure travelers surveyed expect to reduce the number of leisure trips they will take in the coming year in direct response to the overall economic climate.

Starwood Hotels & Resorts Worldwide Inc. reported a 27.6% decline in second-quarter profit, hurt by lower lodging demand in the U.S due to the deteriorating economy.

Diamond Resorts International has selected Noble Systems Corporation’s Noble Solution for blended inbound and outbound contact management in its membership sales and service center. Noble's unified system is expected to give Diamond Resorts International a single platform to increase the productivity and efficiency of their contact center