Welcome to our dedicated page for Diamondrock Hospitality Co news (Ticker: DRH), a resource for investors and traders seeking the latest updates and insights on Diamondrock Hospitality Co stock.
DiamondRock Hospitality Company (DRH) is a self-advised lodging REIT whose news flow centers on the performance and capital management of its U.S. hotel and resort portfolio. Company press releases highlight quarterly earnings results, guidance updates, capital expenditure plans and changes to its capital structure.
Investors following DRH news will see regular updates on metrics such as RevPAR, total RevPAR, hotel adjusted EBITDA and adjusted funds from operations, along with commentary on demand trends across leisure and business travel segments. Earnings releases also describe comparable versus actual operating results, giving context on how the portfolio is performing over time.
DiamondRock’s news also covers balance sheet and financing actions. Recent announcements include the completion of a refinancing and upsizing of its senior unsecured credit facility, the repayment of property-specific mortgage loans and the resulting shift to a fully unsecured, unencumbered hotel portfolio after those repayments. The company has also reported on its share repurchase activity under an authorized program and on decisions to redeem its 8.250% Series A Cumulative Redeemable Preferred Stock.
Dividend declarations are another recurring topic, with releases detailing quarterly cash dividends on common stock, stub dividends and preferred stock dividends. In addition, DiamondRock issues notices about the timing of earnings releases and conference calls, and about its transfer of common stock listing from the New York Stock Exchange to the Nasdaq Global Select Market.
For readers interested in DRH, this news page aggregates these updates in one place, making it easier to review the company’s operating trends, capital allocation decisions and corporate actions over time.
DiamondRock Hospitality (NYSE: DRH) reported Q3 2025 results on Nov 6, 2025, highlighting mixed operational and balance-sheet progress.
Key figures: Net income $20.1M (Q3), Adjusted EBITDA $79.1M (+2.7% YoY), Adjusted FFO/share $0.29 (+7.4% YoY). Portfolio metrics: Comparable RevPAR $214.21 (-0.3% YoY); Total RevPAR $323.29 (+1.5% YoY).
Balance sheet moves: upsized senior unsecured credit facility to $1.5B, repaid $220.1M of mortgages, resulting in a fully unencumbered portfolio; total debt $1.1B, cash ~$145.3M. Year-to-date share repurchases: 4.8M shares for ~$37.1M; remaining repurchase capacity ~$137M. 2025 guidance midpoint raised: Adjusted EBITDA +$6M, Adjusted FFO +$6.5M.
DiamondRock Hospitality Company (NYSE:DRH) amended and restated its senior unsecured credit facility, increasing capacity from $1.2 billion to $1.5 billion and extending maturities.
The Credit Facility now includes a $400M revolver maturing January 2031 (two six-month extension options), a $500M term loan maturing January 2029 (two six-month extensions), and two $300M term loans maturing January 2030 (one of which has two six-month extensions). Term loans are prepayable without penalty.
The company will use the incremental $300M to repay mortgage loans that matured or will mature in 2025, including the prior repayment of ~$125.0M in mortgages and a planned $166.6M prepayment in September 2025. After these actions, DiamondRock expects no debt maturities until January 2028 and a portfolio free of secured debt.
DiamondRock Hospitality (NYSE: DRH) has scheduled its third quarter 2025 earnings release and conference call. The company will release its financial results on Thursday, November 6, 2025 after market close, followed by a conference call on Friday, November 7, 2025, at 9:00 a.m. ET.
Participants can access the call through telephone and internet by registering via the provided link or visiting the investor relations website. A replay will be available on the company's website two hours after the live call.
DiamondRock Hospitality (NYSE:DRH), a lodging REIT owning 36 premium hotels in the US, reported Q2 2025 results with net income of $38.4 million ($0.18 per share), up 73.8% year-over-year. The company achieved comparable RevPAR of $226.95 (+0.1% YoY) and Total RevPAR of $350.00 (+1.1% YoY).
Key developments include completing a $1.5 billion refinancing of its senior unsecured credit facility with no debt maturities until 2028, and the repurchase of 3.6 million shares year-to-date at an average price of $7.64. The company increased its 2025 guidance midpoint for Adjusted EBITDA to $275-295 million and maintained Adjusted FFO per share guidance of $0.96-1.06.
DiamondRock Hospitality Company (NYSE: DRH) has scheduled its second quarter 2025 earnings release and conference call. The company will release its financial results on Thursday, August 7, 2025 after market close, followed by a conference call on Friday, August 8, 2025, at 9:00 a.m. ET to discuss the results and business outlook.
Participants can access the call via telephone and internet by registering through the provided link or visiting investor.drhc.com. A replay will be available on the company's website two hours after the call concludes.
DiamondRock Hospitality Company (NYSE: DRH) has scheduled its first quarter 2025 earnings release and conference call. The company will disclose its Q1 2025 financial results after market hours on Thursday, May 1, 2025, followed by a conference call on Friday, May 2, 2025 at 11:00 a.m. ET.
Interested participants can access the call details through a registration link available on the company's investor relations website. A replay of the conference call will be accessible on www.drhc.com for a time, starting two hours after the live call concludes.
DiamondRock Hospitality Company (NYSE: DRH) reported its Q4 and full year 2024 results, with Q4 showing a net loss of $13.7 million. The company experienced positive operational metrics with Q4 comparable revenues increasing 5.7% to $280.5 million and RevPAR growing 5.4% to $200.46.
Key 2024 highlights include net income of $38.2 million, comparable revenues of $1.1 billion (+4.3% YoY), and Adjusted FFO per share of $1.01 (+8.6%). The company completed several strategic moves, including acquiring AC Hotel Minneapolis Downtown for $30 million and selling Westin Washington D.C. City Center for $92 million.
Notable developments include the completion of Hotel Champlain Burlington rebranding, repayment of a $73.3 million mortgage loan, and share repurchases of 3.1 million shares at $8.33 per share. The company declared a Q1 2025 dividend of $0.08 per share and maintains $584.3 million in liquidity.
DiamondRock Hospitality Company (NYSE: DRH) has completed the sale of the 410-room Westin Washington, D.C. City Center for $92.0 million on February 19, 2025. The transaction represents significant metrics:
- 11.2x multiple on 2024 Hotel EBITDA
- 7.5% capitalization rate on 2024 Hotel net operating income
- 5.6% cap rate including projected capital expenditures
Excluding one-time property tax credit and temporary franchise fee discounts received in 2024, the metrics adjust to:
- 11.9x multiple on 2024 Hotel EBITDA
- 7.0% capitalization rate on net operating income
- 5.2% cap rate including projected capital expenditures
DiamondRock Hospitality Company (NYSE: DRH) has released the tax treatment details for its 2024 dividend distributions for both common and Series A preferred stockholders. For common stock, the company paid quarterly dividends of $0.03 per share for the first three quarters, followed by an increased dividend of $0.23 per share in the fourth quarter. The total common stock dividend for 2024 was $0.32 per share.
For Series A preferred stock, DRH maintained consistent quarterly payments of $0.515625 per share throughout 2024, totaling $2.0625 per share annually. All distributions for both common and preferred shares qualify as ordinary dividends and Section 199A dividends for tax purposes.