| Market Capitalization (Millions $) |
2,482 |
| Shares
Outstanding (Millions) |
207 |
| Employees |
35 |
| Revenues (TTM) (Millions $) |
1,124 |
| Net Income (TTM) (Millions $) |
105 |
| Cash Flow (TTM) (Millions $) |
-74 |
| Capital Exp. (TTM) (Millions $) |
77 |
Business Description
Diamondrock Hospitality Co. is a publicly traded real estate investment trust (REIT) headquartered in Bethesda, Maryland. The company was founded in 2004 and has quickly established itself as a major player in the hospitality industry, owning 31 premium hotels and resorts across the United States.
The company's portfolio includes resorts such as the Westin San Diego Gaslamp Quarter, a luxury hotel located in the heart of San Diego's historic Gaslamp district, and the Westin Boston Waterfront, a modern retreat on Boston's thriving waterfront. Diamondrock's hotels cater to both business and leisure travelers, offering high-end amenities and personalized service.
Diamondrock's investments are diversified and strategic, with a focus on premium-branded, urban hotels and resorts located in major metropolitan markets and popular tourist destinations. The company's properties are typically located in high-traffic areas like downtowns, convention centers, or within close proximity to airports. Diamondrock's properties range from upscale to luxury, with an average daily rate of $219.
Diamondrock has a highly experienced management team, with decades of experience in the hotel and tourism industries. The company's CEO, Mark Brugger, has over 30 years of experience in the hospitality industry, having held executive positions at Doubletree, PricewaterhouseCoopers, and Marriott.
The company's mission is to create long-term shareholder value by investing in high-quality hotels and resorts that offer attractive growth opportunities, while simultaneously providing exceptional guest experiences. Diamondrock's properties are managed by some of the most reputable hotel brands in the world, including Hilton, Marriott, and Hyatt.
Overall, Diamondrock Hospitality Co. is a leading player in the hospitality industry, with a strong portfolio of high-end hotels and resorts, a talented management team, and a focus on delivering exceptional experiences to its guests.
Company Address: 7373 Wisconsin Avenue, Suite 1900 Bethesda, 20814 MD
Company Phone Number: 744-1150 Stock Exchange / Ticker: NASDAQ DRH
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100 %