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DiamondRock Hospitality Co (DRH.N)

DRH.N on New York Stock Exchange

10.05USD
7 Dec 2018
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Latest Key Developments (Source: Significant Developments)

DiamondRock Hospitality Q3 Adjusted FFO Per Share $0.27
Monday, 5 Nov 2018 05:00pm EST 

Nov 5 (Reuters) - DiamondRock Hospitality Co ::MPANY REPORTS THIRD QUARTER 2018 RESULTS.Q3 ADJUSTED FFO PER SHARE $0.27.QTRLY COMPARABLE REVPAR 0.7% DECREASE.QTRLY REVENUES $219.1 MILLION VERSUS $217.9 MILLION.APPROVED AN INCREASE TO COMPANY'S SHARE REPURCHASE AUTHORIZATION FROM $150 MILLION TO $250 MILLION.SEES 2018 ADJUSTED FFO PER SHARE $0.99 - $1.01.SEES 2018 COMPARABLE REVPAR GROWTH 1.0 PERCENT TO 1.5 PERCENT.FY2018 FFO PER SHARE VIEW $1.01 -- THOMSON REUTERS I/B/E/S.Q3 FFO PER SHARE VIEW $0.26 -- THOMSON REUTERS I/B/E/S.  Full Article

Diamondrock Names Jay Johnson New Executive Vice President & Chief Financial Officer
Monday, 12 Mar 2018 08:30am EDT 

March 12 (Reuters) - Diamondrock Hospitality Co ::DIAMONDROCK NAMES JAY JOHNSON NEW EXECUTIVE VICE PRESIDENT & CHIEF FINANCIAL OFFICER.DIAMONDROCK HOSPITALITY - ‍PRIOR TO JOINING DIAMONDROCK, JOHNSON SERVED AS SENIOR VICE PRESIDENT AND TREASURER OF HOST HOTELS & RESORTS​.  Full Article

DiamondRock Acquires The Landing Resort & SpA In Lake Tahoe, California
Thursday, 1 Mar 2018 05:06pm EST 

March 1 (Reuters) - DiamondRock Hospitality Co ::DIAMONDROCK ACQUIRES THE LANDING RESORT & SPA IN LAKE TAHOE, CALIFORNIA.DIAMONDROCK HOSPITALITY CO - DEAL FOR ‍FOR $42 MILLION​.DIAMONDROCK HOSPITALITY CO - ‍ACQUIRED LANDING RESORT & SPA FOR $545,000 PER KEY​.DIAMONDROCK HOSPITALITY CO - ‍FUNDED ACQUISITION WITH EXISTING CORPORATE CASH​.  Full Article

DiamondRock Acquires The Hotel Palomar In Phoenix, AZ
Thursday, 1 Mar 2018 05:05pm EST 

March 1 (Reuters) - DiamondRock Hospitality Co ::DIAMONDROCK ACQUIRES THE HOTEL PALOMAR IN PHOENIX, AZ.DIAMONDROCK HOSPITALITY CO - DEAL FOR ‍PURCHASE PRICE OF $80 MILLION​.DIAMONDROCK HOSPITALITY CO - ‍FUNDED ACQUISITION WITH EXISTING CORPORATE CASH​.  Full Article

DiamondRock Hospitality Qtrly ‍adjusted FFO Per Diluted Share $0.25​
Monday, 26 Feb 2018 04:10pm EST 

Feb 26 (Reuters) - Diamondrock Hospitality Co ::MPANY REPORTS FOURTH QUARTER AND FULL YEAR 2017 RESULTS.QTRLY ‍ADJUSTED FFO PER DILUTED SHARE $0.25​.QTRLY ‍ REVPAR $184.24 VERSUS $177.45​.‍EXPECTS FULL YEAR 2018 COMPARABLE REVPAR GROWTH 0 PERCENT TO 2 PERCENT​.‍EXPECTS FULL YEAR 2018 ADJUSTED FFO PER SHARE $0.96 PER SHARE TO $1.01 PER SHARE​.Q4 FFO PER SHARE VIEW $0.23 -- THOMSON REUTERS I/B/E/S.FY2018 FFO PER SHARE VIEW $0.99 -- THOMSON REUTERS I/B/E/S.  Full Article

Diamondrock Announces CFO Transition
Monday, 8 Jan 2018 07:56am EST 

Jan 8 (Reuters) - Diamondrock Hospitality Co ::SAYS CFO SEAN M. MAHONEY RESIGNED.- CO CURRENTLY EXPECTS Q4 REVPAR GROWTH TO COME IN JUST UNDER HIGH END OF ITS IMPLIED GUIDANCE OF 4.0 PERCENT.DIAMONDROCK ANNOUNCES CFO TRANSITION & PROVIDES UPDATE ON FOURTH QUARTER OPERATIONS.DIAMONDROCK HOSPITALITY - EXPECTS TO RECOGNIZE $4 MILLION TO $5 MILLION OF BUSINESS INTERRUPTION INSURANCE INCOME RELATED TO RECENT NATURAL DISASTERS IN Q4.  Full Article

DiamondRock Hospitality reports third quarter 2017 results
Monday, 6 Nov 2017 04:05pm EST 

Nov 6 (Reuters) - Diamondrock Hospitality Co :DiamondRock Hospitality Company reports third quarter 2017 results.Q3 adjusted FFO per share $0.25.DiamondRock Hospitality Co qtrly ‍revpar was $195.13, a 2.1% increase from comparable period of 2016​.DiamondRock Hospitality Co sees 2017 comparable RevPAR growth‍​ of 2.0 percent to 2.5 percent.DiamondRock Hospitality Co sees 2017 affo earnings per share $0.95 to $0.98.FY2017 FFO per share view $0.99 -- Thomson Reuters I/B/E/S.  Full Article

Diamondrock Hospitality preliminary Q3 revenue $223.5 mln
Wednesday, 25 Oct 2017 08:00am EDT 

Oct 25 (Reuters) - Diamondrock Hospitality Co :Diamondrock announces preliminary third quarter results including comparable REVPAR growth of 2.1%.Preliminary Q3 revenues $223.5 million​.Preliminary Q3 net income $21.0 million - $21.8 million​.Preliminary Q3 adjusted FFO per share (based on 201.4 million shares) of $0.25 per share​.Estimate of financial impact of recent natural disasters on full year adjusted FFO is $4.7 million​.  Full Article

DiamondRock provides update on impact from Hurricane Irma
Friday, 8 Sep 2017 09:20am EDT 

Sept 8 (Reuters) - DiamondRock Hospitality Co ::Provides update on impact from Hurricane Irma.Portions of Frenchman's Reef & Morning Star Marriott Beach resort to be closed until final assessment is concluded .Co's Florida hotels are closed due to mandatory evacuations and are expected to reopen after hurricane passes on September 12​.‍Frenchman's Reef & Morning Star Marriott Beach resort located in St. Thomas incurred storm-related damage from Hurricane Irma​.Company also owns three hotels in Florida which may be impacted by Hurricane Irma in coming days.  Full Article

DiamondRock Hospitality reports second quarter 2017 results
Monday, 7 Aug 2017 04:05pm EDT 

Aug 7 (Reuters) - Diamondrock Hospitality Co :Q2 adjusted FFO per share $0.32.DiamondRock Hospitality Co qtrly ‍comparable RevPAR was $203.21, a 2.0 percent increase from comparable period of 2016​.DiamondRock Hospitality Co - ‍company expects to spend between $110 million and $120 million on capital improvements at its hotels in 2017​.DiamondRock Hospitality Co sees FY2017 comparable RevPAR growth 1.0 percent to 2.0 percent​.DiamondRock Hospitality Co sees ‍2017 adjusted FFO per share $0.97 per share to $1.01 per share​.DiamondRock Hospitality Co - expects about 25 percent to 26 percent of its FY2017 adjusted EBITDA and 24.5 percent to 25.5 percent of its FY2017 adjusted FFO to be earned during Q3 2017​.  Full Article