Core Insights - DiamondRock Hospitality (DRH) reported revenue of $274.53 million for the quarter ended December 2025, reflecting a decrease of 1.6% year-over-year [1] - The company's EPS was $0.27, a significant improvement from -$0.07 in the same quarter last year, indicating a positive trend in earnings [1] - The reported revenue was slightly below the Zacks Consensus Estimate of $274.95 million, resulting in a revenue surprise of -0.15% [1] - The company achieved an EPS surprise of +14.55%, surpassing the consensus estimate of $0.24 [1] Revenue Breakdown - Room revenues were reported at $178.16 million, which was lower than the estimated $179.62 million, marking a year-over-year decline of 2.7% [4] - Other revenues amounted to $27.66 million, exceeding the estimated $26.5 million, and showing a year-over-year increase of 4.4% [4] - Food and beverage revenues reached $68.71 million, slightly above the average estimate of $68.53 million, but represented a year-over-year decrease of 1% [4] Stock Performance - Over the past month, shares of DiamondRock Hospitality have returned +11.2%, outperforming the Zacks S&P 500 composite, which saw a change of +0.6% [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]

Theater outperformance of 7.6 percentage points against the industry was driven by strategic ticket price optimization during peak holiday demand and a favorable family-centric film mix. Hotel RevPAR growth of 3.5% exceeded the upper-upscale segment by 2.7 percentage points, attributed to high-margin leisure demand at recently renovated 'special assets'. The Hilton Milwaukee renovation served as a strategic inflection point, with the property outperforming competitive sets by over five percentage poin ...

will be accessible by telephone and through the internet. Interested individuals are requested to register for the call using this [link] to obtain dial-in and webcast details. Registration details are also available by visiting [https://investor.drhc.com]. A replay of the conference call webcast will be archived and available online.ABOUT THE COMPANYDiamondRock Hospitality Company is a self-advised real estate investment trust (REIT) that is an owner of a leading portfolio of geographically diversified hot ...

Financial Data and Key Metrics Changes - In Q4 2025, RevPAR improved sequentially by over 200 basis points compared to Q3 2025, resulting in a same-store RevPAR decline of 1.6% [4][5] - For the full year 2025, same-store RevPAR declined 1.8%, primarily due to lower average daily rates [7][21] - Adjusted EBITDA for Q4 was $39.7 million, and adjusted FFO was $22.3 million, or $0.18 per share [21][22] - Full year 2025 adjusted EBITDA was $174.8 million, and adjusted FFO was $0.85 per share [21][22] Business Line Data and Key Metrics Changes - Government and international inbound demand declined approximately 20%, impacting overall performance, while other segments showed stability [5][6] - Non-rooms revenue increased by 9% in Q4 and 5% for the full year 2025, driven by food and beverage sales and other ancillary revenue streams [19][21] - The company sold two non-core hotels in Q4, generating $39 million in gross proceeds, and has sold 13 non-core hotels since 2023, totaling approximately $200 million [8][9] Market Data and Key Metrics Changes - San Francisco saw over 40% year-over-year RevPAR growth in Q4, driven by citywide conventions and improving business travel [16] - Orlando properties experienced a 9% increase in RevPAR in Q4, while South Florida properties grew by 4% [17][18] - Nashville's performance was bolstered by strong sports-related and group demand [19] Company Strategy and Development Direction - The company is focused on optimizing hotel profitability, prudent capital allocation, and strengthening the balance sheet to drive long-term shareholder value [14][24] - The company anticipates modest top-line growth in 2026, supported by improving fundamentals and disciplined expense management [10][11] - The company is positioned to benefit from the FIFA World Cup and favorable convention calendars in key markets [10][11] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about improving demand trends and easing year-over-year comparisons starting in Q2 2026 [9][12] - The company expects RevPAR for 2026 to range from flat to up 3%, primarily driven by gains in average daily rates [11][26] - Management noted that the first quarter of 2026 is expected to be challenging due to difficult comparisons from the previous year [12][27] Other Important Information - The company has made significant progress in extending maturities and reducing borrowing costs, with no debt maturities until 2028 [24][25] - The board declared a quarterly common dividend of $0.08 per share, representing a yield of approximately 7.7% [25] Q&A Session Summary Question: Can you discuss the visibility and length of the booking window? - Management noted positive indications from pacing, with March pacing slightly positive and April showing mid-single-digit increases, driven by solid midweek performance and urban market demand [30][31] Question: What segments are expected to drive RevPAR growth? - Management indicated that the majority of growth is expected from business transient and group segments, with a mix of two-thirds from rate growth [32] Question: How much lift is expected from the World Cup? - Management expects the World Cup to add approximately 50 to 75 basis points to the full year expectations, with significant exposure in key markets [36] Question: What specific market drivers are boosting the forecast? - Management highlighted Fort Lauderdale's strong performance post-renovation, Asheville's recovery, and the expected benefits from World Cup markets [42][43] Question: Any changes in discounting or advanced purchase rates? - Management indicated stability in demand segments and less need for remixing business, with a focus on maintaining higher-rated demand [48]

Summit Hotel Properties (NYSE:INN) Q4 2025 Earnings call February 26, 2026 10:00 AM ET Company ParticipantsJonathan Stanner - President and CEOKevin Milota - Senior VP of Corporate FinanceTrey Conkling - EVP and CFOConference Call ParticipantsAustin Wurschmidt - Senior Research AnalystChris Woronka - Director and Senior Equity AnalystMichael Bellisario - Senior Research Analyst and MdOperatorGood day, and thank you for standing by. Welcome to the Summit Hotel Properties, Inc. Fourth Quarter 2025 conference ...

Service Properties Trust (NasdaqGS:SVC) Q4 2025 Earnings call February 26, 2026 10:00 AM ET Speaker6Good morning, welcome to the Service Properties Trust Fourth Quarter 2025 Earnings Conference Call. All participants will be in listen-only mode. Should you need assistance, please signal a conference specialist by pressing star then 0 on your telephone keypad. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star then 1 on your telephone keypad. To w ...

Financial Data and Key Metrics Changes - In Q4 2025, RevPAR improved sequentially by over 200 basis points compared to Q3 2025, resulting in a same-store RevPAR decline of 1.6% [4] - For the full year 2025, same-store RevPAR declined 1.8%, primarily due to lower average daily rates [6][20] - Adjusted EBITDA for Q4 2025 was $39.7 million, and adjusted FFO was $22.3 million, or $0.18 per share [20] - Full year 2025 adjusted EBITDA was $174.8 million, and adjusted FFO was $0.85 per share [20] Business Line Data and Key Metrics Changes - The company closed on the sale of two non-core hotels in Q4 2025, generating gross proceeds of $39 million [8] - Non-rooms revenue increased by 9% in Q4 2025, driven by food and beverage revenue and other ancillary revenue streams [19][20] - Contract labor costs declined nearly 9%, approaching pre-pandemic levels, contributing to improved employee retention and productivity [21] Market Data and Key Metrics Changes - Government and international inbound demand declined approximately 20% in Q4 2025, impacting overall performance [5] - RevPAR for San Francisco properties increased over 40% year-over-year in Q4 2025, driven by citywide conventions and improving business travel [16] - Orlando properties saw a 9% increase in RevPAR in Q4 2025, supported by strong demand and higher-rated retail channels [17] Company Strategy and Development Direction - The company is focused on optimizing hotel profitability, prudent capital allocation, and strengthening the balance sheet to drive long-term shareholder value [14] - The company expects to benefit from several special events in 2026, including the FIFA World Cup, which will provide a unique demand tailwind [10][11] - A disciplined capital recycling strategy has been implemented, with 13 non-core hotels sold since 2023, generating approximately $200 million in gross proceeds [9] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about improving demand trends and easing year-over-year comparisons starting in Q2 2026 [11][13] - The company anticipates RevPAR growth of 0%-3% for the full year 2026, primarily driven by gains in average daily rates [25] - Management highlighted that the first quarter of 2026 is expected to be the most challenging, with RevPAR trends in line with Q4 2025 results [12] Other Important Information - The company declared a quarterly common dividend of $0.08 per share, representing a yield of approximately 7.7% [24] - The 2026 pro rata capital expenditure guidance is set at $55 million-$65 million, consistent with 2025 spending levels [22] Q&A Session Summary Question: Can you discuss the visibility and length of the booking window that underlies your confidence in the trends ahead? - Management noted positive indications from pacing, with March pacing slightly positive and April showing mid-single-digit increases, driven by solid performance in urban markets [30] Question: Is rate growth consistent with the pace figures in the months ahead, and which segments will drive improvement? - Management indicated that the majority of the lift is expected from business transient and group segments, with a two-thirds contribution from rate growth [32] Question: How much lift do you expect from the World Cup, and how does it impact your RevPAR growth outlook? - Management expects the World Cup to add approximately 50 to 75 basis points to the full year expectations, with significant exposure in key markets [35]

for embarkation. Upon return, guests will again stay overnight at the hotel before flying back to Santiago.Guests will also have the opportunity to explore the natural beauty of Puerto Williams through activities such as nature walks, hiking, kayaking, and wildlife watching, further enriching their expedition experience. The hotel will operate seasonally from October to March, with dedicated staff trained in The Silversea Way, which reflects Silversea's philosophy of personalized service, destination expert ...

Core Insights - Pebblebrook Hotel reported revenue of $349.02 million for the quarter ended December 2025, reflecting a 3.4% increase year-over-year [1] - The company's EPS was $0.27, a significant improvement from -$0.51 in the same quarter last year, with an EPS surprise of +19.47% compared to the consensus estimate of $0.23 [1][3] - The stock has returned +8.2% over the past month, outperforming the Zacks S&P 500 composite's +0.6% change, but currently holds a Zacks Rank 5 (Strong Sell) indicating potential underperformance in the near term [3] Revenue Breakdown - Same-Property RevPAR growth rate was 2.9%, exceeding the average estimate of -0.8% from two analysts [4] - Room revenues were reported at $210.94 million, slightly below the average estimate of $213.73 million, but showing a +1.6% change year-over-year [4] - Other operating revenues reached $38.24 million, slightly above the average estimate of $38.03 million, representing a +5.9% year-over-year change [4] - Food and beverage revenues were $99.83 million, surpassing the average estimate of $97.46 million, with a +6.5% change compared to the previous year [4] - Net Earnings Per Share (Diluted) was reported at -$0.23, better than the average estimate of -$0.29 from three analysts [4]

Pebblebrook Hotel Trust (NYSE:PEB) Q4 2025 Earnings call February 26, 2026 09:00 AM ET Company ParticipantsAri Klein - Director of Equity ResearchDori Kesten - DirectorJon Bortz - CEO and Chairman of the BoardRaymond Martz - Co-President, CFO, Treasurer and SecretaryRich Hightower - Managing Director and U.S. REIT Equity ResearchSmedes Rose - DirectorThomas Fisher - Co-President and Chief Investment OfficerConference Call ParticipantsChris Darling - Senior Analyst and Head of U.S. Lodging and Gaming Researc ...