DiamondRock Hospitality

DiamondRock Hospitality Co. is a real estate investment trust which focuses on lodging properties. It engages in the acquisition, ownership, asset management, and renovation of hotels and resorts. Its brands include Autograph Collection Hotels, Courtyard Marriott, Hilton Garden Inn, Hilton Hotels & Resorts, JW Marriott, and Kimpton Hotels & Restaurants. The company was founded by Mark W. Brugger, William W. McCarten, and John L. Williams in 2004 and is headquartered in Bethesda, MD.

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DiamondRock Hospitality reports record 2022 performance and eyes strategic growth

DiamondRock Hospitality's 2022 performance showcased record revenues and margins, driven by strong operating performance and strategic acquisitions.
Despite challenges in maintaining rates and optimizing staffing, the company's focus on efficiency and portfolio strength positions them well for growth.
Opportunities lie in maximizing profits through strategic initiatives and capital deployment, supported by a resilient financial position and operational efficiency.
With a positive outlook for 2023 and a commitment to portfolio optimization, DiamondRock remains poised for continued success in the travel industry.

DiamondRock Hospitality reports record Q1 results, eyes growth opportunities

DiamondRock Hospitality delivered exceptional Q1 results driven by strong performance across urban and resort properties. While facing challenges in certain markets and upcoming margin pressures, the company remains well-positioned with a diverse portfolio and strategic focus on growth opportunities. By balancing short-term disruptions with long-term profitability goals, DiamondRock aims to sustain its positive momentum.

DiamondRock Hospitality reports solid Q2 performance and optimistic outlook

DiamondRock Hospitality reported solid Q2 performance with revenue growth and strong RevPAR in urban and resort segments. The company's strategic focus on ROI opportunities, acquisitions, and expense management reflects a proactive approach to value creation.
While facing challenges in business travel recovery and expense management, DiamondRock remains optimistic about the travel industry outlook. Opportunities lie in property acquisitions, revenue optimization, and long-term growth strategies.
Overall, DiamondRock's performance, strengths, and opportunities position the company well for future growth, despite challenges in the macroeconomic environment and expense management. Strategic acquisitions and revenue enhancement strategies support a positive outlook for the company.

DiamondRock Hospitality reports record revenue and optimistic outlook for 2024

DiamondRock Hospitality's Q3 2023 Earnings Call showcased strong revenue performance, strategic investments, and a positive outlook for the future. Despite challenges in business transient levels, the company's focus on expense management and asset optimization positions it well for growth.

DiamondRock Hospitality excels in 2023, eyes growth opportunities in acquisitions

DiamondRock Hospitality's strong 2023 performance, focus on quality acquisitions, and strategic outlook for 2024 position the company well for growth. Challenges include analyzing the drivers behind corporate transient business decline and managing property transitions. Opportunities lie in acquisitions, dividend policy, and maintaining a competitive edge in the market.

DiamondRock Hospitality reports Q1 revenue growth amidst market challenges

DiamondRock Hospitality's Q1 performance showed revenue growth despite RevPAR decline, with a strong focus on maximizing shareholder value and strategic decision-making. Challenges include market impacts in Charleston and rising benefits costs, while opportunities lie in urban acquisitions and efficient capital deployment. The company's emphasis on aligning leadership views and incentives signals a commitment to bold decision-making and value creation.

DiamondRock Hospitality exceeds Q2 expectations, eyes growth opportunities ahead

DiamondRock Hospitality delivered robust Q2 performance, showcasing growth in key financial metrics and strategic initiatives to drive profitability.
While facing challenges in managing capital expenditures and potential portfolio restructuring, the company remains focused on maximizing efficiency and shareholder value.
With a positive outlook for 2024 and ongoing efforts to enhance operational capabilities, DRH is well-positioned to capitalize on growth opportunities and deliver sustainable returns.

DiamondRock Hospitality posts solid Q3 results amidst operational enhancements

DiamondRock Hospitality demonstrated resilience with solid performance and operational efficiency.
While facing challenges from external factors like Hurricane Helene, the company maintained growth.
Strategic initiatives and strong financial position position the company well for future opportunities.
Continued focus on enhancing operations and shareholder value underpins the company's growth trajectory.

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BETHESDA, Md. , March 30, 2022 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) today announced that Executive Vice President and Chief Operating Officer Thomas G.

DIAMONDROCK HOSPITALITY ANNOUNCES RESIGNATION OF CHIEF OPERATING OFFICER THOMAS HEALY

BETHESDA, Md., March 16, 2022 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) announced the debut of Hotel Clio, a Luxury Collection Hotel, Denver Cherry Creek.

DIAMONDROCK HOSPITALITY DEBUTS HOTEL CLIO, A LUXURY COLLECTION HOTEL, DENVER CHERRY CREEK

DiamondRock Hospitality Company (DRH) CEO Mark Brugger on Q4 2021 Results - Earnings Call Transcript

BETHESDA, Md., Feb. 17, 2022 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH), a lodging-focused real estate investment trust that owns a portfolio of 33 premium hotels in the United States, today announced results of operations for the quarter and year ended December 31, 2021.

DIAMONDROCK HOSPITALITY COMPANY REPORTS FOURTH QUARTER AND FULL YEAR 2021 RESULTS

BETHESDA, Md., Jan. 24, 2022 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) announced today the following tax treatment of its 2021 dividend distributions to the holders of the Company's preferred stock.

DIAMONDROCK HOSPITALITY COMPANY ANNOUNCES TAX TREATMENT OF 2021 DIVIDENDS

BETHESDA, Md., Jan. 18, 2022 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) will report financial results for the fourth quarter 2021 on Thursday, February 17, 2022 after the market closes.

DIAMONDROCK HOSPITALITY ANNOUNCES FOURTH QUARTER 2021 EARNINGS RELEASE AND CONFERENCE CALL

BETHESDA, Md., Jan. 10, 2022 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company" or "DiamondRock") (NYSE: DRH) today announced that it has acquired two luxury coastal Florida resorts – the 170-room Henderson Beach Resort in Destin, Florida, and the 103-unit (231 bedrooms) Tranquility Bay Beachfront Resort in Marathon, Florida.

DIAMONDROCK CAPS OFF A TRANSFORMATIONAL YEAR WITH THE $175.5MM ACQUISITION OF TWO FLORIDA RESORTS

BETHESDA, Md., Nov. 16, 2021 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) announced the grand opening of its Margaritaville Beach House Key West following a $3.5 million investment to bring the full Margaritaville experience to life along Key West's largest beach.

DiamondRock Debuts Margaritaville Beach House Key West

BETHESDA, Md., Nov. 11, 2021 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) announced the debut of The Hythe, a Luxury Collection Resort, Vail.

DiamondRock Debuts The Hythe, A Luxury Collection Resort, Vail Colorado

DiamondRock Hospitality Company (DRH) CEO Mark Brugger on Q3 2021 Results - Earnings Call Transcript

DiamondRock Hospitality (DRH) delivered FFO and revenue surprises of 0.00% and 12.20%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

DiamondRock Hospitality (DRH) Q3 FFO Meet Estimates

BETHESDA, Md., Nov. 4, 2021 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH), a lodging-focused real estate investment trust that owns a portfolio of 31 premium hotels in the United States, today announced results of operations for the quarter ended September 30, 2021.

DiamondRock Hospitality Company Reports Third Quarter Results

BETHESDA, Md., Oct. 15, 2021 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) was named today a Global Listed Sector Leader by the Global Real Estate Sustainability Benchmark ("GRESB"), achieving the top position in the Hotel Sector for the second consecutive year, for its outstanding corporate responsibility program.

DiamondRock Hospitality Company Ranked #1 Among Hotel Peers By GRESB for Second Consecutive Year

BETHESDA, Md., Sept. 27, 2021 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) will report financial results for the third quarter 2021 on Thursday, November 4 th, 2021 after the market closes.

DiamondRock Hospitality Announces Third Quarter 2021 Earnings Release and Conference Call

DiamondRock Hospitality Company (DRH) CEO Mark Brugger on Q2 2021 Results - Earnings Call Transcript

DiamondRock Hospitality (DRH) delivered FFO and revenue surprises of 266.67% and 15.17%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

DiamondRock Hospitality (DRH) Tops Q2 FFO and Revenue Estimates

BETHESDA, Md., Aug. 5, 2021 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH), a lodging-focused real estate investment trust that owns a portfolio of 31 premium hotels in the United States, today announced results of operations for the quarter ended June 30, 2021.

DiamondRock Hospitality Company Reports Second Quarter Results

BETHESDA, Md., July 15, 2021 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) announced today that it has completed the repositioning of The Lodge at Sonoma and the resort joined Marriott International, Inc.'s Autograph Collection on July 1, 2021.

DiamondRock Hospitality Company Unveils Property-Wide Transformation Of The Lodge At Sonoma Resort, An Autograph Collection Hotel

BETHESDA, Md., July 1, 2021 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) announced today that it completed the disposition of the 725-room Lexington Hotel in New York City on June 30, 2021 for $185.3 million.

DiamondRock Hospitality Company Completes Disposition Of The 725-Room Lexington Hotel In New York City

BETHESDA, Md., June 28, 2021 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) will report financial results for the second quarter 2021 on Thursday, August 5 th, 2021 after the market closes.

DiamondRock Hospitality Announces Second Quarter 2021 Earnings Release and Conference Call

BETHESDA, Md., May 13, 2021 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) and Margaritaville Holdings announced Margaritaville Beach House Key West will open in the fall of 2021.

DiamondRock Hospitality Company Brings Margaritaville Beach House To Key West

DiamondRock Hospitality Company (DRH) CEO Mark Brugger on Q1 2020 Results - Earnings Call Transcript

DiamondRock Hospitality (DRH) delivered FFO and revenue surprises of 20.00% and 9.24%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

DiamondRock Hospitality (DRH) Reports Q1 Loss, Tops Revenue Estimates

BETHESDA, Md.--(BUSINESS WIRE)--DiamondRock Hospitality Company (“DiamondRock”) (NYSE: DRH), announced today that it sold the 478-room Frenchman's Reef Marriott Resort & Spa and Noni Beach, Autograph Collection project in St. Thomas, U.S.V.I. (collectively, “Frenchman's Reef”) to an affiliate of Fortress Investment Group LLC (“Fortress”). As consideration, DiamondRock has received an upfront cash payment as well as a participation right in the future profits of the hotel once certain return

DiamondRock Hospitality Company and Fortress Investment Group LLC Announce a Transaction for the Frenchman's Reef Marriott Resort & Spa and Noni Beach, Autograph Collection Project in St. Thomas, U.S.V.I.

BETHESDA, Md., May 5, 2021 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) today announced the election of Tabassum Zalotrawala to its Board of Directors effective May 5, 2021.

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