DiamondRock Hospitality pany(DRH)
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DIAMONDROCK HOSPITALITY ANNOUNCES FOURTH QUARTER AND FULL YEAR 2024 EARNINGS RELEASE AND CONFERENCE CALL
Prnewswire· 2025-01-08 21:30
BETHESDA, Md., Jan. 8, 2025 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) will report financial results for the fourth quarter and full year 2024 after the market closes on Thursday, February 27, 2025. A conference call for investors and other interested parties is scheduled for the next day on Friday, February 28, 2025 at 10:00 a.m. Eastern Time (ET). The information to be discussed on the call will be contained in the Company's earnings release, which will be available in the ...
DIAMONDROCK HOSPITALITY ACQUIRES THE AC HOTEL MINNEAPOLIS DOWNTOWN
Prnewswire· 2024-11-15 13:00
BETHESDA, Md., Nov. 15, 2024 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) today announced it has acquired the fee simple interest in the 245-room AC Hotel Minneapolis Downtown (the "Hotel") for $30 million, or approximately $122,000 per key with cash on hand. The Hotel, constructed in 2016, is located in downtown Minneapolis, which has one of the largest concentrations of Fortune 1000 companies in the world and is also a major hub for biotechnology and medical innovation."The ...
DiamondRock Hospitality Company (DRH) Q3 2024 Earnings Conference Call Transcript
Seeking Alpha· 2024-11-08 19:06
DiamondRock Hospitality Company (NYSE:DRH) Q3 2024 Earnings Conference Call November 8, 2024 9:00 AM ET Company Participants Briony Quinn - CFO Jeff Donnelly - CEO Justin Leonard - President and COO Conference Call Participants Dori Kesten - Wells Fargo Securities Austin Wurschmidt - KeyBanc Capital Markets Smedes Rose - Citi Duane Pfennigwerth - Evercore ISI Chris Woronka - Deutsche Bank Michael Bellisario - Baird Chris Darling - Green Street Advisors Operator Good day and thank you for standing by. Welcom ...
DiamondRock Hospitality pany(DRH) - 2024 Q3 - Earnings Call Transcript
2024-11-08 19:06
DiamondRock Hospitality Company (NYSE:DRH) Q3 2024 Earnings Conference Call November 8, 2024 9:00 AM ET Company Participants Briony Quinn - CFO Jeff Donnelly - CEO Justin Leonard - President and COO Conference Call Participants Dori Kesten - Wells Fargo Securities Austin Wurschmidt - KeyBanc Capital Markets Smedes Rose - Citi Duane Pfennigwerth - Evercore ISI Chris Woronka - Deutsche Bank Michael Bellisario - Baird Chris Darling - Green Street Advisors Operator Good day and thank you for standing by. Welcom ...
DiamondRock Hospitality pany(DRH) - 2024 Q3 - Quarterly Report
2024-11-08 16:05
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission File Number: 001-32514 DIAMONDROCK HOSPITALITY COMPANY (Exact Name of Registrant as Specified in Its Charter) Mar ...
DiamondRock Hospitality (DRH) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-11-08 00:30
For the quarter ended September 2024, DiamondRock Hospitality (DRH) reported revenue of $285.13 million, up 3.1% over the same period last year. EPS came in at $0.26, compared to $0.12 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $286.98 million, representing a surprise of -0.64%. The company has not delivered EPS surprise, with the consensus EPS estimate being $0.26.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings - ...
DiamondRock Hospitality (DRH) Q3 FFO Match Estimates
ZACKS· 2024-11-08 00:10
DiamondRock Hospitality (DRH) came out with quarterly funds from operations (FFO) of $0.26 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.26 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this hotel and resort real estate investment trust would post FFO of $0.32 per share when it actually produced FFO of $0.34, delivering a surprise of 6.25%.Over the last four quarters, the company has surpassed consensus FFO est ...
DiamondRock Hospitality pany(DRH) - 2024 Q3 - Quarterly Results
2024-11-07 21:08
COMPANY CONTACT Briony Quinn Chief Financial Officer (240) 744-1196 DIAMONDROCK HOSPITALITY COMPANY REPORTS THIRD QUARTER 2024 RESULTS BETHESDA, Maryland, Thursday, November 7, 2024 – DiamondRock Hospitality Company (the "Company") (NYSE: DRH), a lodging real estate investment trust that owns a portfolio of 36 premium hotels and resorts in the United States, today announced results of operations for the quarter ended September 30, 2024. Third Quarter 2024 Highlights • Net Income: Net income was $26.6 millio ...
DIAMONDROCK HOSPITALITY COMPANY REPORTS THIRD QUARTER 2024 RESULTS
Prnewswire· 2024-11-07 21:05
BETHESDA, Md., Nov. 7, 2024 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH), a lodging real estate investment trust that owns a portfolio of 36 premium hotels and resorts in the United States, today announced results of operations for the quarter ended September 30, 2024.Third Quarter 2024 Highlights Net Income: Net income was $26.6 million, or $0.11 per diluted share. Comparable Revenues: $285.1 million, increased 2.5% compared to the third quarter of 2023. Comparable RevPAR: $2 ...
DiamondRock Hospitality: Wait For A Dip In The 8.25% Preferred Shares
Seeking Alpha· 2024-10-20 14:40
DiamondRock Hospitality (NYSE: DRH ) is a hotel REIT owning 36 properties with almost 10,000 rooms across the United States. About a third of its EBITDA was generated in Chicago, Boston and New York City, and interestingly, DiamondRock prefers its hotels to be He is the leader of the investment group European Small Cap Ideas which offers exclusive access to actionable research on appealing Europe-focused investment opportunities not found elsewhere. The a focus is on highquality ideas in the small-cap space ...