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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DiamondRock Hospitality (DRH) delivered FFO and revenue surprises of 7.69% and 3.14%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

DiamondRock Hospitality (DRH) Q3 FFO and Revenues Top Estimates

Record Third Quarter Revenue & Profits Completed $1.2 Billion Financing BETHESDA, Md. , Nov. 3, 2022 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH), a lodging-focused real estate investment trust that owns a portfolio of 34 premium hotels and resorts in the United States, today announced results of operations for the quarter ended September 30, 2022.

DIAMONDROCK HOSPITALITY COMPANY REPORTS THIRD QUARTER RESULTS

BETHESDA, Md., Sept. 28, 2022 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) today announced that it successfully refinanced its primary unsecured credit facility to further enhance the strength and flexibility of its balance sheet.

DIAMONDROCK HOSPITALITY COMPLETES $1.2 BILLION REFINANCING

DiamondRock owns a portfolio of hotels in the USA and is benefiting from the rebound in travel. The AFFO and AFFO per share increased by double digits compared to the second quarter of 2019, the last pre-COVID year.

DiamondRock Hospitality: An 8.8% Yield To Call With The Preferred Shares

BETHESDA, Md. , Sept. 1, 2022 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) today announced that its Board of Directors has declared a quarterly dividend of $0.

DIAMONDROCK HOSPITALITY DECLARES DIVIDEND OF $0.03 PER SHARE

BETHESDA, Md. , Aug. 31, 2022 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) will report financial results for the third quarter 2022 on Thursday, November 3, 2022 after the market closes.

DIAMONDROCK HOSPITALITY ANNOUNCES THIRD QUARTER 2022 EARNINGS RELEASE AND CONFERENCE CALL

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DiamondRock Hospitality (DRH) Just Overtook the 200-Day Moving Average

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DiamondRock Hospitality Company (NYSE:DRH ) Q2 2022 Earnings Conference Call August 4, 2022 9:00 AM ET Company Participants Briony Quinn - SVP & Treasurer Mark Brugger - President & CEO Jeff Donnelly - CFO Justin Leonard - COO & Head, Asset Management Conference Call Participants Dori Kesten - Wells Fargo Michael Bellisario - Baird Austin Wurschmidt - KeyBanc Anthony Powell - Barclays Chris Woronka - Deutsche Bank Bill Crow - Raymond James Chris Darling - Green Street Duane Pfennigwerth - Evercore ISI Floris van Dijkum - Compass Point Operator Good day and thank you for standing by. Welcome to the DiamondRock Hospitality Company Second Quarter 2022 Earnings Conference Call.

DiamondRock Hospitality Company's (DRH) CEO Mark Brugger on Q2 2022 Results - Earnings Call Transcript

DiamondRock Hospitality (DRH) delivered FFO and revenue surprises of 16.13% and 6.70%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

DiamondRock Hospitality (DRH) Surpasses Q2 FFO and Revenue Estimates

The mean of analysts' price targets for DiamondRock Hospitality (DRH) points to a 26.5% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

How Much Upside is Left in DiamondRock Hospitality (DRH)? Wall Street Analysts Think 27%

BETHESDA, Md. , July 15, 2022 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) will report financial results for the second quarter 2022 on Wednesday, August 3, 2022 after the market closes.

DIAMONDROCK HOSPITALITY ANNOUNCES UPDATED SCHEDULE FOR SECOND QUARTER 2022 EARNINGS RELEASE AND CONFERENCE CALL

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BETHESDA, Md. , July 13, 2022 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) today announced the appointment of Justin Leonard as Executive Vice President and Chief Operating Officer effective July 18, 2022.

DIAMONDROCK HOSPITALITY APPOINTS JUSTIN LEONARD AS EXECUTIVE VICE PRESIDENT AND CHIEF OPERATING OFFICER

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DiamondRock Hospitality: The 7.3% Yielding Preferred Shares Appear To Be A Good Bet

BETHESDA, Md. , June 28, 2022 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) will report financial results for the second quarter 2022 on Wednesday, August 3, 2022 after the market closes.

DIAMONDROCK HOSPITALITY ANNOUNCES SECOND QUARTER 2022 EARNINGS RELEASE AND CONFERENCE CALL

BETHESDA, Md. , June 2, 2022 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) today announced that its Board of Directors has declared a dividend of $0.515625 per share on its 8.250% Series A Cumulative Redeemable Preferred Stock.

DIAMONDROCK HOSPITALITY DECLARES DIVIDEND ON 8.250% SERIES A CUMULATIVE REDEEMABLE PREFERRED STOCK

DiamondRock Hospitality Company (NYSE:DRH ) Q1 2022 Earnings Conference Call May 6, 2022 8:00 AM ET Company Participants Mark Brugger - President and CEO Jeff Donnelly - EVP and Chief Financial Officer Conference Call Participants Dori Kesten - Wells Fargo Smedes Rose - Citi Chris Woronka - Deutsche Bank Austin Wurschmidt - KeyBanc Gregory Miller - Truist Securities Bill Crow - Raymond James Anthony Powell - Barclays Michael Bellisario - Baird Operator Ladies and gentlemen thank you for standing by and welcome to DiamondRock Hospitality's First Quarter 2022 Earnings Release. At this time all participants are in a listen-only mode.

DiamondRock Hospitality Company (DRH) CEO Mark Brugger on Q1 2022 Results - Earnings Call Transcript

DiamondRock Hospitality (DRH) delivered FFO and revenue surprises of 100% and 8.65%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

DiamondRock Hospitality (DRH) Surpasses Q1 FFO and Revenue Estimates

SIGNIFICANT VALUE CREATION OPPORTUNITIES IN OPERATIONS & SYNERGIES BETHESDA, Md. , May 5, 2022 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company" or "DiamondRock") (NYSE: DRH) today announced it acquired a fee-simple interest in The Kimpton Fort Lauderdale Beach Resort, a boutique lifestyle beach resort in Fort Lauderdale, Florida, for a total investment of $35.3 million ($367,700/key).

DIAMONDROCK ACQUIRES KIMPTON FORT LAUDERDALE BEACH RESORT

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BETHESDA, Md. , April 5, 2022 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) will report financial results for the first quarter 2022 on Thursday, May 5, 2022 after the market closes.

DIAMONDROCK HOSPITALITY ANNOUNCES FIRST QUARTER 2022 EARNINGS RELEASE AND CONFERENCE CALL

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.

News for DiamondRock Hospitality Stock (DRH)