Diamondrock Hospitality Co (N:DRH)
Business Focus: N/A
| Sector: N/A | Industry: N/A |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 2 Bethesda Metro Ctr Ste 1400 BETHESDA MD 20814-5390 |
| Tel: | N/A |
| Website: | https://drhc.com |
| IR: | See website |
| Key People | ||
| Justin L. Leonard President, Chief Operating Officer, Executive Vice President, Chief Investment Officer | Jeffrey J. Donnelly Chief Executive Officer | Briony R. Quinn Chief Financial Officer, Executive Vice President, Treasurer | William James Tennis Executive Vice President, General Counsel, Corporate Secretary |
| Business Overview |
| DiamondRock Hospitality Company is a self-advised real estate investment trust (REIT). The Company owns a portfolio of geographically diversified hotels concentrated in leisure destinations and gateway markets. It conducts its business through its subsidiaries, DiamondRock Hospitality Limited Partnership. The Company's primary business is to acquire, own, renovate and asset manage hotel properties in the United States. The Company's hotel properties include Chico Hot Springs Resort Lake Austin Spa Resort, Kimpton Shorebreak Fort Lauderdale Beach Resort, Tranquility Bay, Bourbon Orleans Hotel, Henderson Beach Resort, Henderson Park Inn, Cavallo Point, The Landing, Kimpton Palomar Phoenix, L'auberge De Sedona, Orchards Inn, The Lodge at Sonoma, Kimpton Shorebreak Resort, Westin San Diego, and Havana Cabana, among others. The Company owns a portfolio of approximately 36 hotels and resorts that contain over 9,700 guest rooms located in 25 different markets in the United States. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Diamondrock Hospitality Co revenues increased 7% to $1.07B. Net income applicable to common stockholders decreased 23% to $76.5M. Revenues reflect Rooms increase of 5% to $717.4M, Food and beverage increase of 9% to $259.8M, Other increase of 19% to $97.7M. Net income was offset by Interest Expense increase of 70% to $65.1M (expense). |
| Employees: | 33 as of Dec 31, 2023 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $2,906M as of Dec 31, 2023 |
| Annual revenue (TTM): | $1,075M as of Dec 31, 2023 |
| EBITDA (TTM): | $262.31M as of Dec 31, 2023 |
| Net annual income (TTM): | $76.52M as of Dec 31, 2023 |
| Free cash flow (TTM): | $74.99M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | $1,055M as of Dec 31, 2023 |
| Shares outstanding: | 210,780,349 as of Mar 8, 2024 |
| Index Membership: | S&P 600 Small Cap |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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