nyse:drh
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3275973
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May 21st, 2019 12:00AM
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DiamondRock Hospitality
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853
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29.00
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Open
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Real Estate
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May 21st, 2019 03:06PM
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May 21st, 2019 03:06PM
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DiamondRock Hospitality Company, a self-advised real estate investment trust (REIT), owns a portfolio of 31 premium hotels and resorts containing over 10,000 rooms in the aggregate, concentrated in key gateway cities and destination resorts throughout North America and the U.S. Virgin Islands. Our vision is to be the premier allocator of capital in the lodging industry and our goal is to deliver above-average shareholder returns across the full lodging cycle. Our goal is to deliver returns through a combination of dividends and enduring capital appreciation.
We strive to create significant shareholder value by executing on three strategic principles:
Maintaining a diverse portfolio of high-quality assets with superior growth prospects in markets that have high barriers to entry.
Employing rigorous and innovative approaches to asset management that drive meaningful upside to underlying performance and maximize asset value.
Preserving a lowly levered and simple balance sheet that promotes strategic and financial flexibility, sustainable dividends and strong shareholder returns.
Since 2010, we have repositioned our portfolio through the acquisition of ~$2.2 billion of urban and resort hotels that align with our strategic goals while disposing of more than $0.8 billion in non-core hotels. These acquisitions increased our urban exposure with additional hotels in cities such as San Diego, San Francisco, Boston, Denver, Phoenix, and Washington, D.C., as well as our resort exposure with our recent acquisitions in Key West, Sedona, Lake Tahoe, and Fort Lauderdale. Over 90% of our portfolio EBITDA as of December 31, 2018 is derived from core urban and resort destination hotels and a majority of our hotels are operated by leading global hotel brands including Marriott International, Inc.™ (“Marriott”) and Hilton Worldwide™ (“Hilton”).
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Open
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Open
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2 Bethesda Metro Center, Suite 1400
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Bethesda
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Maryland
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US
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20814
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Diamondrock Hospitality
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Financials
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General Financial
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nyse:drh
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3275973
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Feb 17th, 2018 12:00AM
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DiamondRock Hospitality
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558
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25.00
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Open
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Real Estate
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Feb 17th, 2018 02:25PM
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Feb 17th, 2018 02:25PM
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DiamondRock, a lodging-focused Maryland corp. operates as a real estate investment trust (REIT), owns a portfolio of 26 premium hotels & resorts containing ~9,500 rooms, concentrated in key gateway cities and destination resorts throughout North America and the U.S.V.I. Our vision is to be the premier allocator of capital in the lodging industry and our goal is to deliver above-average shareholder returns across the full lodging cycle. We strive to differentiate ourselves from peers by executing on three strategic principles:
- Maintaining a balanced portfolio of high-quality assets with superior growth prospects in markets that have high barriers to entry.
- Employing disciplined and innovative approaches to asset management that drive meaningful upside to underlying performance.
- Preserving a clean, conservative balance sheet that supports strategic and financial flexibility, dividends and shareholder returns.
As an owner, as opposed to an operator, we receive all operating profits or losses generated by our hotels after we pay fees to the hotel managers, which are based on the revenues & profitability of the hotels. Each of our 26 hotels & resorts is managed by a third party. Most are operated under a brand owned by one of the leading global lodging companies: Marriott International, Inc.™, Starwood Hotels & Resorts Worldwide, Inc.™, or Hilton Worldwide™.
We regularly analyze all of the properties in our portfolio, as well as market conditions, to ensure that we are allocating capital to the highest return opportunities. Our ongoing capital allocation activities include renovation projects, marketing non-core assets for sale & acquisitions. Additionally, our conservative capital structure helps us achieve the optimal balance between value, risk and cost of capital. We seek to further enhance value through efficient corporate overhead, best-in-class corporate governance practices, and openness and transparency in our communications with investors.
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Diamondrock Hospitality
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Financials
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General Financial
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nyse:drh
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3275973
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Feb 16th, 2018 12:00AM
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DiamondRock Hospitality
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558
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25.00
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Open
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Real Estate
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Feb 16th, 2017 08:15AM
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Feb 16th, 2017 08:15AM
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DiamondRock, a lodging-focused Maryland corp. operates as a real estate investment trust (REIT), owns a portfolio of 26 premium hotels & resorts containing ~9,500 rooms, concentrated in key gateway cities and destination resorts throughout North America and the U.S.V.I. Our vision is to be the premier allocator of capital in the lodging industry and our goal is to deliver above-average shareholder returns across the full lodging cycle. We strive to differentiate ourselves from peers by executing on three strategic principles:
- Maintaining a balanced portfolio of high-quality assets with superior growth prospects in markets that have high barriers to entry.
- Employing disciplined and innovative approaches to asset management that drive meaningful upside to underlying performance.
- Preserving a clean, conservative balance sheet that supports strategic and financial flexibility, dividends and shareholder returns.
As an owner, as opposed to an operator, we receive all operating profits or losses generated by our hotels after we pay fees to the hotel managers, which are based on the revenues & profitability of the hotels. Each of our 26 hotels & resorts is managed by a third party. Most are operated under a brand owned by one of the leading global lodging companies: Marriott International, Inc.™, Starwood Hotels & Resorts Worldwide, Inc.™, or Hilton Worldwide™.
We regularly analyze all of the properties in our portfolio, as well as market conditions, to ensure that we are allocating capital to the highest return opportunities. Our ongoing capital allocation activities include renovation projects, marketing non-core assets for sale & acquisitions. Additionally, our conservative capital structure helps us achieve the optimal balance between value, risk and cost of capital. We seek to further enhance value through efficient corporate overhead, best-in-class corporate governance practices, and openness and transparency in our communications with investors.
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Diamondrock Hospitality
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Financials
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General Financial
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nyse:drh
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3275973
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Feb 15th, 2018 12:00AM
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DiamondRock Hospitality
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558
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25.00
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Open
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Real Estate
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Feb 15th, 2017 10:07AM
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Feb 15th, 2017 10:07AM
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DiamondRock, a lodging-focused Maryland corp. operates as a real estate investment trust (REIT), owns a portfolio of 26 premium hotels & resorts containing ~9,500 rooms, concentrated in key gateway cities and destination resorts throughout North America and the U.S.V.I. Our vision is to be the premier allocator of capital in the lodging industry and our goal is to deliver above-average shareholder returns across the full lodging cycle. We strive to differentiate ourselves from peers by executing on three strategic principles:
- Maintaining a balanced portfolio of high-quality assets with superior growth prospects in markets that have high barriers to entry.
- Employing disciplined and innovative approaches to asset management that drive meaningful upside to underlying performance.
- Preserving a clean, conservative balance sheet that supports strategic and financial flexibility, dividends and shareholder returns.
As an owner, as opposed to an operator, we receive all operating profits or losses generated by our hotels after we pay fees to the hotel managers, which are based on the revenues & profitability of the hotels. Each of our 26 hotels & resorts is managed by a third party. Most are operated under a brand owned by one of the leading global lodging companies: Marriott International, Inc.™, Starwood Hotels & Resorts Worldwide, Inc.™, or Hilton Worldwide™.
We regularly analyze all of the properties in our portfolio, as well as market conditions, to ensure that we are allocating capital to the highest return opportunities. Our ongoing capital allocation activities include renovation projects, marketing non-core assets for sale & acquisitions. Additionally, our conservative capital structure helps us achieve the optimal balance between value, risk and cost of capital. We seek to further enhance value through efficient corporate overhead, best-in-class corporate governance practices, and openness and transparency in our communications with investors.
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Diamondrock Hospitality
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Financials
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General Financial
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nyse:drh
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3275973
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Feb 14th, 2018 12:00AM
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DiamondRock Hospitality
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558
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25.00
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Open
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Real Estate
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Feb 14th, 2017 01:50PM
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Feb 14th, 2017 01:50PM
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DiamondRock, a lodging-focused Maryland corp. operates as a real estate investment trust (REIT), owns a portfolio of 26 premium hotels & resorts containing ~9,500 rooms, concentrated in key gateway cities and destination resorts throughout North America and the U.S.V.I. Our vision is to be the premier allocator of capital in the lodging industry and our goal is to deliver above-average shareholder returns across the full lodging cycle. We strive to differentiate ourselves from peers by executing on three strategic principles:
- Maintaining a balanced portfolio of high-quality assets with superior growth prospects in markets that have high barriers to entry.
- Employing disciplined and innovative approaches to asset management that drive meaningful upside to underlying performance.
- Preserving a clean, conservative balance sheet that supports strategic and financial flexibility, dividends and shareholder returns.
As an owner, as opposed to an operator, we receive all operating profits or losses generated by our hotels after we pay fees to the hotel managers, which are based on the revenues & profitability of the hotels. Each of our 26 hotels & resorts is managed by a third party. Most are operated under a brand owned by one of the leading global lodging companies: Marriott International, Inc.™, Starwood Hotels & Resorts Worldwide, Inc.™, or Hilton Worldwide™.
We regularly analyze all of the properties in our portfolio, as well as market conditions, to ensure that we are allocating capital to the highest return opportunities. Our ongoing capital allocation activities include renovation projects, marketing non-core assets for sale & acquisitions. Additionally, our conservative capital structure helps us achieve the optimal balance between value, risk and cost of capital. We seek to further enhance value through efficient corporate overhead, best-in-class corporate governance practices, and openness and transparency in our communications with investors.
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Diamondrock Hospitality
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Financials
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General Financial
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nyse:drh
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3275973
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Feb 13th, 2018 12:00AM
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DiamondRock Hospitality
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558
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25.00
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Open
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Real Estate
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Feb 13th, 2017 04:11PM
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Feb 13th, 2017 04:11PM
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DiamondRock, a lodging-focused Maryland corp. operates as a real estate investment trust (REIT), owns a portfolio of 26 premium hotels & resorts containing ~9,500 rooms, concentrated in key gateway cities and destination resorts throughout North America and the U.S.V.I. Our vision is to be the premier allocator of capital in the lodging industry and our goal is to deliver above-average shareholder returns across the full lodging cycle. We strive to differentiate ourselves from peers by executing on three strategic principles:
- Maintaining a balanced portfolio of high-quality assets with superior growth prospects in markets that have high barriers to entry.
- Employing disciplined and innovative approaches to asset management that drive meaningful upside to underlying performance.
- Preserving a clean, conservative balance sheet that supports strategic and financial flexibility, dividends and shareholder returns.
As an owner, as opposed to an operator, we receive all operating profits or losses generated by our hotels after we pay fees to the hotel managers, which are based on the revenues & profitability of the hotels. Each of our 26 hotels & resorts is managed by a third party. Most are operated under a brand owned by one of the leading global lodging companies: Marriott International, Inc.™, Starwood Hotels & Resorts Worldwide, Inc.™, or Hilton Worldwide™.
We regularly analyze all of the properties in our portfolio, as well as market conditions, to ensure that we are allocating capital to the highest return opportunities. Our ongoing capital allocation activities include renovation projects, marketing non-core assets for sale & acquisitions. Additionally, our conservative capital structure helps us achieve the optimal balance between value, risk and cost of capital. We seek to further enhance value through efficient corporate overhead, best-in-class corporate governance practices, and openness and transparency in our communications with investors.
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Diamondrock Hospitality
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Financials
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General Financial
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nyse:drh
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3275973
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Feb 12th, 2018 12:00AM
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DiamondRock Hospitality
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558
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25.00
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Open
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Real Estate
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Feb 12th, 2017 04:15AM
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Feb 12th, 2017 04:15AM
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DiamondRock, a lodging-focused Maryland corp. operates as a real estate investment trust (REIT), owns a portfolio of 26 premium hotels & resorts containing ~9,500 rooms, concentrated in key gateway cities and destination resorts throughout North America and the U.S.V.I. Our vision is to be the premier allocator of capital in the lodging industry and our goal is to deliver above-average shareholder returns across the full lodging cycle. We strive to differentiate ourselves from peers by executing on three strategic principles:
- Maintaining a balanced portfolio of high-quality assets with superior growth prospects in markets that have high barriers to entry.
- Employing disciplined and innovative approaches to asset management that drive meaningful upside to underlying performance.
- Preserving a clean, conservative balance sheet that supports strategic and financial flexibility, dividends and shareholder returns.
As an owner, as opposed to an operator, we receive all operating profits or losses generated by our hotels after we pay fees to the hotel managers, which are based on the revenues & profitability of the hotels. Each of our 26 hotels & resorts is managed by a third party. Most are operated under a brand owned by one of the leading global lodging companies: Marriott International, Inc.™, Starwood Hotels & Resorts Worldwide, Inc.™, or Hilton Worldwide™.
We regularly analyze all of the properties in our portfolio, as well as market conditions, to ensure that we are allocating capital to the highest return opportunities. Our ongoing capital allocation activities include renovation projects, marketing non-core assets for sale & acquisitions. Additionally, our conservative capital structure helps us achieve the optimal balance between value, risk and cost of capital. We seek to further enhance value through efficient corporate overhead, best-in-class corporate governance practices, and openness and transparency in our communications with investors.
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Diamondrock Hospitality
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Financials
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General Financial
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nyse:drh
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3275973
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Feb 11th, 2018 12:00AM
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DiamondRock Hospitality
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558
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25.00
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Open
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Real Estate
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Feb 11th, 2017 05:35AM
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Feb 11th, 2017 05:35AM
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DiamondRock, a lodging-focused Maryland corp. operates as a real estate investment trust (REIT), owns a portfolio of 26 premium hotels & resorts containing ~9,500 rooms, concentrated in key gateway cities and destination resorts throughout North America and the U.S.V.I. Our vision is to be the premier allocator of capital in the lodging industry and our goal is to deliver above-average shareholder returns across the full lodging cycle. We strive to differentiate ourselves from peers by executing on three strategic principles:
- Maintaining a balanced portfolio of high-quality assets with superior growth prospects in markets that have high barriers to entry.
- Employing disciplined and innovative approaches to asset management that drive meaningful upside to underlying performance.
- Preserving a clean, conservative balance sheet that supports strategic and financial flexibility, dividends and shareholder returns.
As an owner, as opposed to an operator, we receive all operating profits or losses generated by our hotels after we pay fees to the hotel managers, which are based on the revenues & profitability of the hotels. Each of our 26 hotels & resorts is managed by a third party. Most are operated under a brand owned by one of the leading global lodging companies: Marriott International, Inc.™, Starwood Hotels & Resorts Worldwide, Inc.™, or Hilton Worldwide™.
We regularly analyze all of the properties in our portfolio, as well as market conditions, to ensure that we are allocating capital to the highest return opportunities. Our ongoing capital allocation activities include renovation projects, marketing non-core assets for sale & acquisitions. Additionally, our conservative capital structure helps us achieve the optimal balance between value, risk and cost of capital. We seek to further enhance value through efficient corporate overhead, best-in-class corporate governance practices, and openness and transparency in our communications with investors.
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Diamondrock Hospitality
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Financials
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General Financial
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nyse:drh
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3275973
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Feb 10th, 2018 12:00AM
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DiamondRock Hospitality
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558
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25.00
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Open
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Real Estate
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Feb 10th, 2017 06:43AM
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Feb 10th, 2017 06:43AM
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DiamondRock, a lodging-focused Maryland corp. operates as a real estate investment trust (REIT), owns a portfolio of 26 premium hotels & resorts containing ~9,500 rooms, concentrated in key gateway cities and destination resorts throughout North America and the U.S.V.I. Our vision is to be the premier allocator of capital in the lodging industry and our goal is to deliver above-average shareholder returns across the full lodging cycle. We strive to differentiate ourselves from peers by executing on three strategic principles:
- Maintaining a balanced portfolio of high-quality assets with superior growth prospects in markets that have high barriers to entry.
- Employing disciplined and innovative approaches to asset management that drive meaningful upside to underlying performance.
- Preserving a clean, conservative balance sheet that supports strategic and financial flexibility, dividends and shareholder returns.
As an owner, as opposed to an operator, we receive all operating profits or losses generated by our hotels after we pay fees to the hotel managers, which are based on the revenues & profitability of the hotels. Each of our 26 hotels & resorts is managed by a third party. Most are operated under a brand owned by one of the leading global lodging companies: Marriott International, Inc.™, Starwood Hotels & Resorts Worldwide, Inc.™, or Hilton Worldwide™.
We regularly analyze all of the properties in our portfolio, as well as market conditions, to ensure that we are allocating capital to the highest return opportunities. Our ongoing capital allocation activities include renovation projects, marketing non-core assets for sale & acquisitions. Additionally, our conservative capital structure helps us achieve the optimal balance between value, risk and cost of capital. We seek to further enhance value through efficient corporate overhead, best-in-class corporate governance practices, and openness and transparency in our communications with investors.
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Diamondrock Hospitality
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Financials
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General Financial
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nyse:drh
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3275973
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Feb 9th, 2018 12:00AM
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DiamondRock Hospitality
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558
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25.00
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Open
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Real Estate
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Feb 9th, 2017 08:57AM
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Feb 9th, 2017 08:57AM
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DiamondRock, a lodging-focused Maryland corp. operates as a real estate investment trust (REIT), owns a portfolio of 26 premium hotels & resorts containing ~9,500 rooms, concentrated in key gateway cities and destination resorts throughout North America and the U.S.V.I. Our vision is to be the premier allocator of capital in the lodging industry and our goal is to deliver above-average shareholder returns across the full lodging cycle. We strive to differentiate ourselves from peers by executing on three strategic principles:
- Maintaining a balanced portfolio of high-quality assets with superior growth prospects in markets that have high barriers to entry.
- Employing disciplined and innovative approaches to asset management that drive meaningful upside to underlying performance.
- Preserving a clean, conservative balance sheet that supports strategic and financial flexibility, dividends and shareholder returns.
As an owner, as opposed to an operator, we receive all operating profits or losses generated by our hotels after we pay fees to the hotel managers, which are based on the revenues & profitability of the hotels. Each of our 26 hotels & resorts is managed by a third party. Most are operated under a brand owned by one of the leading global lodging companies: Marriott International, Inc.™, Starwood Hotels & Resorts Worldwide, Inc.™, or Hilton Worldwide™.
We regularly analyze all of the properties in our portfolio, as well as market conditions, to ensure that we are allocating capital to the highest return opportunities. Our ongoing capital allocation activities include renovation projects, marketing non-core assets for sale & acquisitions. Additionally, our conservative capital structure helps us achieve the optimal balance between value, risk and cost of capital. We seek to further enhance value through efficient corporate overhead, best-in-class corporate governance practices, and openness and transparency in our communications with investors.
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Diamondrock Hospitality
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Financials
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General Financial
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