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DiamondRock Hospitality Co (DRH.N)

DRH.N on New York Stock Exchange

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18 Jan 2019
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Latest Key Developments (Source: Significant Developments)

Diamondrock Acquires Cavallo Point, The Lodge At The Golden Gate Bridge, In Sausalito, California
Wednesday, 12 Dec 2018 

Dec 12 (Reuters) - DiamondRock Hospitality Co ::DIAMONDROCK ACQUIRES CAVALLO POINT, THE LODGE AT THE GOLDEN GATE BRIDGE, IN SAUSALITO, CALIFORNIA.DIAMONDROCK HOSPITALITY CO - DOES NOT ANTICIPATE HOTEL TO MATERIALLY CONTRIBUTE TO EBITDA DURING REMAINDER OF 2018.DIAMONDROCK HOSPITALITY - ACQUISITION FUNDED BY CASH ON HAND, NEW UNSECURED TERM LOAN PROCEEDS, ISSUANCE OF OP UNITS.DIAMONDROCK HOSPITALITY - ENTERED INTO NEW 5-YEAR $50 MILLION UNSECURED TERM LOAN TO MAINTAIN QUALIFIED NON-RECOURSE DEBT ASSOCIATED WITH PROPERTY.  Full Article

Diamondrock Hospitality Q2 Adjusted FFO Per Share $0.32
Thursday, 2 Aug 2018 

DiamondRock Hospitality Co ::MPANY REPORTS SECOND QUARTER 2018 RESULTS.Q2 ADJUSTED FFO PER SHARE $0.32.QTRLY REVPAR WAS $204.79, A 2.0% INCREASE FROM COMPARABLE PERIOD OF 2017.SEES 2018 COMPARABLE REVPAR GROWTH BETWEEN 1.5 PERCENT TO 2.5 PERCENT.SEES 2018 ADJUSTED FFO PER SHARE BETWEEN $0.99 TO $1.03.EXPECTS TO SPEND ABOUT $135 MILLION FOR CAPITAL IMPROVEMENTS IN 2018.  Full Article

Diamondrock Announces CFO Transition
Monday, 8 Jan 2018 

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 

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 

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