Headquartered in Bethesda, MD Fiscal year ends December NYSE: DRH drhc.com
DiamondRock Hospitality Company is a self-advised real estate investment trust (REIT) that owns a portfolio of 34 premium hotels and resorts with approximately 9,400 rooms across the United States. The company's portfolio is geographically diversified, concentrated in leisure destinations and top gateway markets including New York, Boston, Chicago, San Francisco, Denver, Fort Lauderdale, Key West, Sedona, Vail, and Salt Lake City. Hotels are operated under leading global brand families such as Marriott, Hilton, and IHG Hotels & Resorts, as well as independent boutique hotels in the lifestyle segment. The company employs third-party management companies including Aimbridge Hospitality, Sage Hospitality, HEI Hotels & Resorts, EOS Hospitality, Highgate Hotels, and others to operate its properties. DiamondRock's strategy, referred to as 'DiamondRock 2.0,' focuses on growing free cash flow through operational excellence, disciplined investment, and thoughtful capital allocation. The company trades on the Nasdaq under the ticker DRH. Updated
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DiamondRock Hospitality Company is a self-advised real estate investment trust (REIT) that owns a portfolio of 34 premium hotels and resorts with approximately 9,400 rooms across the United States.
The Wall Street consensus 12-month price target for DRH is $14.04.
