DiamondRock Hospitality (DRH) Company Report

DiamondRock Hospitality Company declared a fourth quarter dividend of $0.12 per common share, comprising a regular quarterly dividend of $0.08 and a stub dividend of $0.04, payable on January 14, 2026.
The total common dividends for 2025 amount to $0.36 per share, representing a 12.5% increase over 2024.
The company expects to declare regular quarterly dividends of $0.09 per common share in 2026.

2 days ago

DiamondRock Hospitality Announces Redemption of Preferred Stock

DRH

Dividends

DiamondRock Hospitality Company announced it will redeem all 4,760,000 outstanding shares of its 8.250% Series A Cumulative Redeemable Preferred Stock on December 31, 2025.
The redemption price will be $25.00 per share, plus accrued and unpaid dividends, and will be funded by approximately $121.5 million cash on hand.
A quarterly dividend of $0.515625 per share on the Series A Preferred Stock was declared on November 19, 2025, payable on December 31, 2025.
Beginning on the Redemption Date, the Series A Preferred Stock will no longer be outstanding, and dividends will no longer accrue on these securities.

Nov 20, 2025, 11:32 AM

DiamondRock Hospitality Announces Redemption of Series A Preferred Stock

DRH

Dividends

DiamondRock Hospitality Company will redeem all 4,760,000 outstanding shares of its 8.250% Series A Cumulative Redeemable Preferred Stock on December 31, 2025.
The company intends to use approximately $121.5 million cash on hand to fund the redemption price of $25.00 per share, plus accrued and unpaid dividends.
A quarterly dividend of $0.515625 per share on the Series A Preferred Stock was declared on November 19, 2025, payable on December 31, 2025.
Beginning on the Redemption Date, the Series A Preferred Stock will no longer be outstanding, and dividends will no longer accrue on these securities.

Nov 20, 2025, 11:30 AM

DRH Discusses Renovation Strategy, Expense Control, and Portfolio Optimization in Q3 2025

DRH

Guidance Update

New Projects/Investments

Revenue Acceleration/Inflection

DRH is focused on elongating hotel renovation cycles and reducing costs, with an extra two years on the renovation cycle leading to a 28% reduction in average annual expenditures. This strategy contributes to an expected 2025 free cash flow per share that is 2% above 2018 levels, while peers average 30% below.
The company highlighted the successful $25 million renovation of The Cliffs at L'Auberge, which realized a 65% ADR increase in its first full post-renovation quarter and is projected to achieve a 10% yield on cost at stabilization.
DRH is making strong progress on expense control through a company-wide focus on productivity and efficiency from existing employees, rather than headcount reduction.
The company is strategically evaluating upcoming franchise expirations for properties such as the Westin Boston, Kimpton Shorebreak, and Courtyard in Denver, considering options like upbranding or operating as independents to maximize value.
F&B and other revenues as a percentage of total revenues increased by approximately 120 basis points this quarter compared to last, primarily due to menu management and a higher volume of in-house group business.

Nov 7, 2025, 2:00 PM

DiamondRock Hospitality Company Reports Third Quarter 2025 Results

DRH

Earnings

Guidance Update

Share Buyback

DiamondRock Hospitality Company reported Q3 2025 net income attributable to common stockholders of $20.1 million, or $0.10 per diluted share, a decrease of 16.3% compared to the third quarter of 2024.
Adjusted EBITDA for Q3 2025 increased by 2.7% to $79.1 million, and Adjusted FFO per diluted share rose by 7.4% to $0.29 compared to the third quarter of 2024.
The company repurchased 4.8 million common shares year-to-date through November 6, 2025, for approximately $37.1 million at a weighted average price of $7.72 per share.
DiamondRock Hospitality Company raised the midpoint of its 2025 Adjusted EBITDA and Adjusted FFO guidance, with full-year Adjusted EBITDA now anticipated between $287 million and $295 million, and Adjusted FFO per share between $1.02 and $1.06.
On July 22, 2025, the company completed a $1.5 billion refinancing of its senior unsecured credit facility, extending maturities and repaying mortgage loans to achieve a fully unencumbered portfolio.

Nov 6, 2025, 9:07 PM

DiamondRock Hospitality Reports Third Quarter 2025 Results and Raises Full-Year Guidance

DRH

Earnings

Guidance Update

Share Buyback

DiamondRock Hospitality reported Q3 2025 net income attributable to common stockholders of $20.1 million, or $0.10 per diluted share, a 16.3% decrease from Q3 2024. During the same period, Adjusted EBITDA increased 2.7% to $79.1 million and Adjusted FFO per diluted share increased 7.4% to $0.29.
The company raised the midpoint of its full-year 2025 Adjusted EBITDA guidance to a range of $287 million to $295 million and Adjusted FFO guidance to a range of $213 million to $221 million.
Year-to-date through November 6, 2025, DiamondRock Hospitality repurchased 4.8 million shares of its common stock for approximately $37.1 million at a weighted average price of $7.72 per share.
On July 22, 2025, the company completed a $1.5 billion refinancing of its senior unsecured credit facility and subsequently repaid $220.1 million in mortgage loans, resulting in a fully unencumbered portfolio.

Nov 6, 2025, 9:05 PM

Earnings Transcripts

Quarterly earnings call transcripts for DiamondRock Hospitality.

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