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DiamondRock Hospitality Company is a self-advised real estate investment trust (REIT) that owns a portfolio of 35 premium destination resorts and urban hotels in the U.S. containing over 9,600 rooms. Our goal is to be provide above-average, long-term total shareholder returns through a combination of dividends and capital appreciation. We strive to create significant long-term shareholder value by executing on three strategic principles: 1. Prudently allocating capital to hospitality investments with superior, risk-adjusted growth prospects. 2. Employing rigorous and innovative approaches to asset management that drive meaningful upside to underlying performance and maximize asset value. 3. Preserving a balance sheet that promotes strategic and financial flexibility, sustainable dividends and strong shareholder returns. Since 2010, we have repositioned our portfolio through the acquisition of nearly $3 billion of urban and resort hotels that align with our strategic goals while disposing of more than $1 billion in non-core hotels. These acquisitions have increase our exposure to unique destination markets such as Sedona, Lake Tahoe, Sonoma, Key West, and Charleston. Today, over 60% of our hotels are leisure-focused destination resorts and urban lifestyle hotels and nearly 95% are independently managed. DiamondRock is proud to named Global Listed Sector Leader by the Global Real Estate Sustainability Benchmark ("GRESB"), achieving the top position in the Hotel Sector for the second consecutive year, for its outstanding corporate responsibility program.

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Ticker DRH
Revenue $863 million
Funding $1.1 billion
Employees 39 (29 on RocketReach)
Founded 2004
Address 2 Bethesda Metro Center, Suite 1400, Bethesda, Maryland 20814, US
Phone (240) 744-1150
JavaScript, HTML, PHP +29 more (view full list)
Category Real Estate, Hospitality, Real Estate Investment Trusts (REITs), Travel and Tourism, Leisure, Community and Lifestyle, Lending, Financial Services, Real Estate Investment
Web Rank 4 Million
Keywords drh investor relations, diamondrock hospitality, diamondrock hospitality company, can a limited partner demand payment from capital account, diamondrock investor relations
Competitors Condor Hospitality Trust, Inc., Host Hotels & Resorts, New York Mortgage Trust, Inc., Pebblebrook Hotel Trust (NYSE: PEB), Strategic Hotels & Resorts
SIC 70, 701
NAICS 72, 7211, 721

DiamondRock Hospitality Questions

The DiamondRock Hospitality annual revenue was $863 million in 2023.

Jeff Donnelly is the CFO of DiamondRock Hospitality.

29 people are employed at DiamondRock Hospitality.

DiamondRock Hospitality is based in Bethesda, Maryland.

The NAICS codes for DiamondRock Hospitality are [72, 7211, 721].

The SIC codes for DiamondRock Hospitality are [70, 701].

Top DiamondRock Hospitality Employees

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