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Diamondrock Hospitality Co  (DRH)
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Price: $8.9900 $-0.32 -3.437%
Day's High: $9.24 Week Perf: -3.75 %
Day's Low: $ 8.99 30 Day Perf: -4.56 %
Volume (M): 3,225 52 Wk High: $ 9.99
Volume (M$): $ 28,991 52 Wk Avg: $8.51
Open: $9.24 52 Wk Low: $7.33



 Market Capitalization (Millions $) 1,911
 Shares Outstanding (Millions) 213
 Employees -
 Revenues (TTM) (Millions $) 1,075
 Net Income (TTM) (Millions $) 87
 Cash Flow (TTM) (Millions $) 60
 Capital Exp. (TTM) (Millions $) 121

Diamondrock Hospitality Co
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: 2 Bethesda Metro Center, Suite 1400, Bethesda, 20814 MD
   Company Phone Number: 744-1150   Stock Exchange / Ticker: NYSE DRH
   DRH is expected to report next financial results on May 02, 2024.


   

Stock Performances by Major Competitors

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Personnel Announcements

DiamondRock Hospitality Company: Navigating Change through Strong Leadership and Strategic Decision-making

Published Mon, Mar 25 2024 12:45 PM UTC



In an era marked by rapid technological advancements and evolving consumer preferences, adapting to change has become a crucial skill for businesses across industries. DiamondRock Hospitality Company, a prominent lodging-focused real estate investment trust, has recently announced the retirement of their General Counsel, Bill Tennis. This article will delve into th...

Dividend

DiamondRock Hospitality Declares Dividend, Driving Momentum in Company Shares

Published Mon, Mar 4 2024 9:15 PM UTC



In a recent press release, DiamondRock Hospitality Company (NYSE: DRH) announced the declaration of a quarterly cash dividend of $0.03 per common share. This move showcases the company's commitment to maximize shareholder value and highlights its strong financial position. Additionally, the impact of this news on the company shares has been positive, as DiamondRock...

Diamondrock Hospitality Co

DiamondRock Hospitality Co Faces Declining Profitability Despite Revenue Growth

DiamondRock Hospitality Co (DRH) recently disclosed declining earnings per share (EPS) despite an increase in revenue for the most recent fiscal period. The company reported a revenue growth of 3.329% to $263.55 million compared to $255.06 million the previous year. However, EPS dropped by -37.46% to $0.04 per share, compared to $0.07 per share in the same period a year before.
In the previous financial reporting period, DRH achieved a revenue of $276.52 million and a bottom line of $0.12 per share. The net profits of $10.983 million for the financial interval ending December 31, 2023, witnessed a decline of -40.27% from $18.389 million in the corresponding period the previous year. The company shifted its focus to improving sales in this period, resulting in a net margin of 4.17%. However, operating earnings fell by -23.64% to $226.869 million, leading to a decline in the operating margin from 116.49% to 86.08%.

Diamondrock Hospitality Co

Diamondrock Hospitality Co Reports Modest Revenue Growth in Q3 2023, Causing Mixed Reactions Among Investors

Diamondrock Hospitality Co (NYSE: DHC) has recently released its third-quarter earnings report for 2023, and the results have left investors with mixed sentiments. The company's income per share remained unchanged at $0.12 compared to the same quarter last year but experienced a decline of -29.41% from the previous quarter when it was $0.17 per share.
Despite the stagnant income per share, Diamondrock Hospitality Co managed to increase its revenue moderately by 3.099% to $276.52 million in the third quarter of 2023. This growth was compared to $268.21 million generated in the same quarter the previous year. However, the revenue declined sequentially by -5.057% from $291.25 million, marking a potential area of concern for investors.

Diamondrock Hospitality Co

Diamondrock Hospitality Co Revenue Sparkles with a 3.497% Rise, Despite Dip in EPS

As a stock market journalist, analyzing the latest financial results of Diamondrock Hospitality Co reveals some interesting trends and performance indicators.
In the fiscal period ending June 30, 2023, Diamondrock Hospitality Co reported a decline in earnings per share (EPS) despite an increase in revenue. Compared to the previous year, the company experienced a 3.497% rise in revenue, reaching $291.25 million. However, EPS dropped by -26.09% to $0.17 per share, while it was $0.23 per share in the same period the year prior. This decline in EPS is certainly a cause for concern and warrants further investigation.






 

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