DiamondRock Hospitality Co - Company Profile

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DiamondRock Hospitality Co: Overview

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DiamondRock Hospitality Co (DiamondRock) operates as a real estate investment trust. Its major focus is on lodging properties. The company owns, acquires, renovate, and invests in asset manage premium hotel properties in the United States . It owns and manages high-quality business hotels, luxury hotels, resorts, and selected urban hotels. The company’s hotels and resorts are categorized as upper upscale, upscale, and luxury, which are in key gateway cities and in resort destinations. The hotels are operated by third party by independent operator and brand operator such as Marriott International Inc. DiamondRock carries out various properties such as lake Austin spa resort, kimpton fort Lauderdale beach, bourbon orleans hotels, the landing, orchards inn, the lodge at Sonoma, and Havana cabana. The company’s hotels are located in New York City, Chicago, Boston, Georgia, Destin, Austin, Texas, , and Denver . Its major partners include Viceroy, Sage, Passport Resorts, HEI, and Highgate. The company provides services under various brands such as Westin, Renaissance, Marriot, Hilton, Embassy Suites, and Courtyard. DiamondRock is headquartered in Bethesda, Maryland, the US.

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Headquarters United States of America
Address Suite 1400, 2 Bethesda Metro Center, Maryland, 20814
Website drhc.com
Telephone 1 240 7441150
No of Employees 33
Industry Construction
Ticker Symbol & Exchange DRH (NYSE)
Revenue (2022) $1.1B 7.3% (2022 vs 2021)
EPS XYZ
Net Income (2022) XYZ -21% (2022 vs 2021)
Market Cap* $1.9B
Net Profit Margin (2022) XYZ -26.5% (2022 vs 2021)
* As of and is in US$
View DiamondRock Hospitality Co financials
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DiamondRock Hospitality Co premium industry data and analytics

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ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on DiamondRock Hospitality Co’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Services Brands
Real Estate Investment Autograph Collection
Resorts Courtyard
Luxury Hotels Embassy Suites
XYZ XYZ
XYZ XYZ
XYZ XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2023 Corporate Changes/Expansions In August, the company announced the rebranding and launch of The Dagny, an independent lifestyle hotel in Boston, Massachusetts, the US.
2023 Asset Purchase In August, the company purchased Chico Hot Springs Resort in the Paradise Valley for US$33 million.
2022 Acquisitions/Mergers/Takeovers In May, the company acquired a Kimpton-branded boutique lifestyle beach resort in Fort Lauderdale, Florida, the US for $35.3 million.
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Competitor Comparison

Key Parameters DiamondRock Hospitality Co Host Hotels & Resorts Inc Choice Hotels International Inc LaSalle Hotel Properties Strategic Hotels & Resorts Inc
Headquarters United States of America United States of America United States of America United States of America United States of America
City Bethesda Bethesda North Bethesda Bethesda Chicago
State/Province Maryland Maryland Maryland Maryland Illinois
No. of Employees 33 163 1,800 36 33
Entity Type Public Public Public Private Private
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Executives
Name Position Board Since Age
Jeffrey J. Donnelly Chief Executive Officer Senior Management 2024 -
Justin L. Leonard Chief Operating Officer; Executive Vice President Senior Management 2022 -
Troy G. Furbay Executive Vice President; Chief Investment Officer Senior Management 2014 -
William W. McCarten Chairman Non Executive Board 2004 -
William J. Tennis Executive Vice President; Secretary - Corporate; General Counsel Senior Management 2010 -
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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