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

Rhea-AI Summary

DiamondRock Hospitality Company (NYSE: DRH) was recognized as a Global Listed Sector Leader by the Global Real Estate Sustainability Benchmark (GRESB) for the second consecutive year, achieving top rank in the Hotel Sector. Key highlights include:

• 1st GRESB Score among hotel peers
• 2nd Performance Score among hotel peers
• 16th Performance Score in the Americas (Top 20%)
• GRESB Green Star recipient
• 3rd in U.S. Hotel peer set with an 'A' score

DiamondRock's sustainability report offers insights into its ongoing commitment to environmental, social, and governance (ESG) initiatives.

Positive

• Achieved 1st GRESB Score among hotel peers, reflecting top sustainability practices.
• Recognized as GRESB Global Listed Sector Leader for the second year.
• Received GRESB Green Star, demonstrating excellence in sustainable performance.
• Ranked 2nd in Performance Score among Hotel Listed peer set, indicating strong operational efficiency.

Negative

• None.

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.

"We are honored GRESB recognized our industry-leading sustainability policies and practices. Our award-winning corporate responsibility program reflects DiamondRock's deep commitment to sustainability initiatives that create value for our communities, associates, assets and shareholders," said Mark Brugger, President and Chief Executive Officer of DiamondRock Hospitality Company. 

GRESB Real Estate Assessment (2021)

• Recognized as Global Listed Sector Leader
• Ranked 1^st GRESB Score among Hotel Listed peer set
• Ranked 2^nd Performance Score among Hotel Listed peer set
• Ranked 16^th Performance Score among Listed companies in the Americas (Top 20%)
• Ranked 18^th GRESB Score among Listed companies in the Americas (Top 20%)
• Received GRESB Green Star

GRESB Public Disclosure (2021)

• Ranked 3^rd within the U.S. Hotel peer set with a score of "A"

ISS ESG Corporate Rating – Prime Status (2020)

• Achieved Prime Status distinction in 2020 for Corporate ESG Performance, a performance-based rating reserved for the top five percent (5%) of all participating companies worldwide. 
• DiamondRock placed 2^nd among 137 U.S. real estate companies.
• ISS ESG is one of the world's leading rating agencies for sustainable investment. The ISS ESG Corporate Rating considers Environment, Social and Governance ("ESG") practices by evaluating over 100 industry specific indicators. 

DiamondRock's sustainability report, available here, provides a summary of past performance along with future commitments.

About the Company

DiamondRock Hospitality Company is a self-advised real estate investment trust (REIT) that owns a portfolio of hotels located in highly desirable destination resort markets and key gateway cities.  The Company's 31 high quality hotels contain over 9,100 rooms and are strategically positioned under either leading global brands or as unique boutique hotels/resorts in the lifestyle segment.  For further information on the Company and its portfolio, please visit DiamondRock Hospitality Company's website at www.drhc.com.

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SOURCE DiamondRock Hospitality Company

FAQ

What recognition did DiamondRock Hospitality Company receive on October 15, 2021?

DiamondRock Hospitality Company was named a Global Listed Sector Leader by GRESB for the second consecutive year, ranking 1st in the Hotel Sector.

How did DiamondRock rank in the GRESB Real Estate Assessment for 2021?

In the 2021 GRESB Real Estate Assessment, DiamondRock ranked 1st for GRESB Score and 2nd for Performance Score among hotel peers.

What is the significance of the GRESB Green Star awarded to DiamondRock?

The GRESB Green Star recognizes companies for outstanding sustainability performance, highlighting DiamondRock's commitment to ESG initiatives.

Where can I find DiamondRock's sustainability report?

DiamondRock's sustainability report is available on their investor website, detailing past performance and future commitments.

What was DiamondRock's rank in the ISS ESG Corporate Rating?

DiamondRock achieved Prime Status in the ISS ESG Corporate Rating, placing 2nd among 137 U.S. real estate companies.