DiamondRock Hospitality Co - Company Profile
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DiamondRock Hospitality Co (DiamondRock) is a real estate investment trust, which owns, acquires, and invests in hotel properties in North America. Property portfolio, cash reserves, and brand portfolio are the company’s major strengths, even as operating performance remains a cause for concern. Positive outlook for travel and tourism industry in US, positive outlook for construction industry in US and growth initiatives are likely to provide growth opportunities to the company. However, inability to collect rent from tenants, increasing manpower costs in US, and real estate regulations in US could affect the company’s business performance.
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