March 1, 2017 / 12:20 AM / 5 months ago

BRIEF-DIAMONDROCK ACQUIRES L'AUBERGE DE SEDONA AND ORCHARDS INN SEDONA FOR $97 MLN

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Feb 28 (Reuters) - Diamondrock Hospitality Co

* DIAMONDROCK ACQUIRES L'AUBERGE DE SEDONA AND ORCHARDS INN SEDONA FOR $97 MILLION

* DIAMONDROCK HOSPITALITY CO - FUNDED ACQUISITION WITH EXISTING CORPORATE CASH AND CURRENTLY MAINTAINS OVER $100 MILLION IN UNRESTRICTED CORPORATE CASH

* DIAMONDROCK HOSPITALITY CO - SEES FY COMPARABLE REVPAR DOWN 1.0 PERCENT TO UP 1.0 PERCENT

* DIAMONDROCK HOSPITALITY CO SEES 2017 ADJUSTED FFO PER SHARE $0.96 TO $1.01

* FY2017 FFO PER SHARE VIEW $0.96 -- THOMSON REUTERS I/B/E/S Source text for Eikon: Further company coverage:

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