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DiamondRock Hospitality Co (DRH.N)

DRH.N on New York Stock Exchange

11.73USD
19 Jan 2018
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Latest Key Developments (Source: Significant Developments)

Diamondrock Announces CFO Transition
Monday, 8 Jan 2018 

Jan 8 (Reuters) - Diamondrock Hospitality Co ::SAYS CFO SEAN M. MAHONEY RESIGNED.- CO CURRENTLY EXPECTS Q4 REVPAR GROWTH TO COME IN JUST UNDER HIGH END OF ITS IMPLIED GUIDANCE OF 4.0 PERCENT.DIAMONDROCK ANNOUNCES CFO TRANSITION & PROVIDES UPDATE ON FOURTH QUARTER OPERATIONS.DIAMONDROCK HOSPITALITY - EXPECTS TO RECOGNIZE $4 MILLION TO $5 MILLION OF BUSINESS INTERRUPTION INSURANCE INCOME RELATED TO RECENT NATURAL DISASTERS IN Q4.  Full Article

DiamondRock Hospitality reports third quarter 2017 results
Tuesday, 7 Nov 2017 

Nov 6 (Reuters) - Diamondrock Hospitality Co :DiamondRock Hospitality Company reports third quarter 2017 results.Q3 adjusted FFO per share $0.25.DiamondRock Hospitality Co qtrly ‍revpar was $195.13, a 2.1% increase from comparable period of 2016​.DiamondRock Hospitality Co sees 2017 comparable RevPAR growth‍​ of 2.0 percent to 2.5 percent.DiamondRock Hospitality Co sees 2017 affo earnings per share $0.95 to $0.98.FY2017 FFO per share view $0.99 -- Thomson Reuters I/B/E/S.  Full Article

Diamondrock Hospitality preliminary Q3 revenue $223.5 mln
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - Diamondrock Hospitality Co :Diamondrock announces preliminary third quarter results including comparable REVPAR growth of 2.1%.Preliminary Q3 revenues $223.5 million​.Preliminary Q3 net income $21.0 million - $21.8 million​.Preliminary Q3 adjusted FFO per share (based on 201.4 million shares) of $0.25 per share​.Estimate of financial impact of recent natural disasters on full year adjusted FFO is $4.7 million​.  Full Article

DiamondRock Hospitality Q2 adjusted FFO per share $0.31
Friday, 5 Aug 2016 

DiamondRock Hospitality Co : DiamondRock Hospitality Company reports second quarter 2016 results . Q2 earnings per share $0.22 . Q2 adjusted FFO per share $0.31 . Q2 earnings per share view $0.20 -- Thomson Reuters I/B/E/S . Sees FY 2016 adj FFO shr $0.99-$1.04 . DiamondRock Hospitality Co qtrly revpar was $197.52, a 0.8% increase from comparable period of 2015 . DiamondRock Hospitality Co says expects modestly lower travel demand for remainder of 2016, particularly in transient segment . DiamondRock Hospitality Co says expects flat to 1 percent of revpar growth for full year 2016 . FY 2016 FFO per share view $1.04 -- Thomson Reuters I/B/E/S .Q2 FFO per share view $0.32 -- Thomson Reuters I/B/E/S.  Full Article

DiamondRock Hospitality completes sale of Orlando Airport Marriott Lakeside
Thursday, 23 Jun 2016 

DiamondRock Hospitality Co : Completed sale of Orlando Airport Marriott Lakeside for a total consideration of approximately $67 million . Cash proceeds from sale were used to repay $20 million outstanding on its senior unsecured credit facility .Sale will reduce company's Q2 adjusted EBITDA and adjusted FFO by approximately $0.3 million.  Full Article

DiamondRock Hospitality enters restated credit agreement
Friday, 6 May 2016 

DiamondRock Hospitality : On May 3, co entered into a fourth amended and restated credit agreement . 2016 revolving credit facility supersedes and replaces previous $200 million unsecured revolving credit facility .DiamondRock hospitality co says credit agreement provides for a $300 million unsecured revolving credit facility.  Full Article

DiamondRock Hospitality Q1 adjusted FFO per share $0.21
Friday, 6 May 2016 

Diamondrock Hospitality Co Sees 2016 Adjusted Ffo Per Share Of $1.04 Per Share : Diamondrock hospitality company reports first quarter 2016 results . Q1 adjusted FFO per share $0.21 . $1.09 per share . Q1 FFO per share view $0.18 -- Thomson Reuters I/B/E/S .Fy2016 FFO per share view $1.07 -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-Diamondrock Announces CFO Transition

* - CO CURRENTLY EXPECTS Q4 REVPAR GROWTH TO COME IN JUST UNDER HIGH END OF ITS IMPLIED GUIDANCE OF 4.0 PERCENT