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Diamondrock Hospitality Co - DRH STOCK NEWS

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 Co (DRH), a leading lodging-focused REIT, provides investors and stakeholders with timely updates through this centralized news hub. Track the company’s latest press releases, earnings reports, and strategic developments in the hospitality sector.

This resource offers essential updates on acquisitions, portfolio enhancements, and operational milestones, ensuring stakeholders stay informed about DRH’s performance in key markets. Discover announcements related to asset management strategies, third-party partnerships, and financial results directly from the source.

Bookmark this page for streamlined access to DRH’s official communications, including updates on leisure destination properties and urban hotel operations. Regular visitors gain a competitive edge through organized, factual reporting tailored for both casual observers and professional analysts.

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DiamondRock Hospitality Company (DRH) announces quarterly cash dividend for common shareholders and preferred stockholders.
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DiamondRock Hospitality Company reports a 4.0% increase in total revenues for 2023 compared to 2022 and an 11.3% increase compared to 2019. The company also provides a positive outlook for 2024, with strong revenue growth. Despite some decreases in certain metrics, the overall financial performance remains solid. The acquisition of Chico Hot Springs Resort, share repurchases, and hotel rebranding initiatives showcase the company's strategic growth efforts.
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DiamondRock Hospitality Company (DRH) has announced the tax treatment of the 2023 distributions to holders of the Company's common and Series A preferred stock. The total distribution per share for common stock is $0.030000, and for Series A preferred stock is $0.515625. Shareholders are advised to consult with their personal tax advisors regarding the specific tax treatment of the Company's distributions.
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DiamondRock Hospitality Company (NYSE: DRH) will release its financial results for Q4 2023 on February 22, 2024, followed by a conference call on February 23, 2024. The call will be accessible via telephone and internet, with registration details available on the company's website. A webcast replay will also be available for a limited time.
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DiamondRock Hospitality Company (NYSE: DRH) declares a cash dividend of $0.03 per common share and a quarterly dividend of $0.515625 per share on its 8.250% Series A Cumulative Redeemable Preferred Stock. The cash dividend is payable on January 11, 2024, and the quarterly dividend is payable on December 29, 2023.
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DiamondRock Hospitality Company (NYSE: DRH) announced its Q3 2023 results. Net income was $27.3 million with earnings per diluted share of $0.12. Comparable total revenues were $277.1 million, a 0.1% increase from 2022 and a 12.0% increase from 2019. The company acquired Chico Hot Springs Resort for $33.0 million and completed the rebranding of Hilton Boston Downtown/Faneuil Hall to The Dagny, an independent lifestyle boutique hotel.
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DiamondRock Hospitality Company has been recognized by the Global Real Estate Sustainability Benchmark (GRESB) as a Real Estate Sector Leader for the fourth consecutive year. The company's outstanding corporate responsibility program and sustainability initiatives demonstrate its commitment to ESG transparency and improved performance.
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DiamondRock Hospitality Company releases updated investor presentation with preliminary estimate of Q3 2023 RevPAR compared to 2022 and 2019.
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DiamondRock Hospitality Company will report Q3 2023 financial results on November 1, 2023. Conference call scheduled at 10:00 a.m. ET. Registration details available on their website.
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DiamondRock Hospitality Company declares cash dividend of $0.03 per common share and quarterly dividend of $0.515625 per share on its preferred stock.
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Diamondrock Hospitality Co

NYSE:DRH

DRH Rankings

DRH Stock Data

1.46B
206.08M
1.29%
108.21%
8.34%
REIT - Hotel & Motel
Real Estate Investment Trusts
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United States
BETHESDA