DiamondRock Hospitality Company (DRH)

In the past six months, DiamondRock Hospitality Co.'s share price declined by 9.31% between October 23, 2024, and October 22, 2025. On August 8, 2025, DRH reported its second-quarter 2025 earnings, exceeding analysts' expectations. On July 23, 2025, DiamondRock Hospitality completed a $1.5 billion refinancing, enhancing its credit facility and extending debt maturities until 2028. The company announced on August 7, 2025, that it had repurchased 3.6 million common shares year-to-date. The company is scheduled to report its third-quarter 2025 financial results on November 6, 2025. On June 2, 2025, DiamondRock Hospitality celebrated its 20th anniversary of listing on the New York Stock Exchange.

Demand for hospitality REITs, including DiamondRock Hospitality Co., is influenced by the cyclical nature of demand and consumer discretionary trends. Urban hotels are expected to perform well due to business and group travel, while resort properties benefit from strong leisure travel demand. Group bookings show healthy growth, and luxury resorts maintain pricing power, indicating that high-end consumers continue to spend on discretionary travel. Overall, the sector experiences fluctuations, with performance varying across different markets and hotel categories.

DiamondRock Hospitality Co. is a self-advised REIT that owns and operates upscale and luxury hotels and resorts in the United States. The company acquires, owns, actively manages, and renovates full-service hotel properties, deriving revenue from room rentals, food and beverage sales, and other hotel services. DiamondRock's portfolio includes 36 premium hotels and resorts, totaling approximately 9,600 rooms, affiliated with leading global brands like Marriott and Hilton, as well as unique lifestyle and independent boutique hotels. Its customer base includes leisure transient, business transient, and group customers.

DiamondRock Hospitality Co. strategically concentrates its portfolio in key gateway cities and destination resort locations throughout the United States, including major urban centers such as New York City, Los Angeles, Chicago, Boston, and Atlanta. The company also has a significant presence in popular destination resorts like Sedona, Lake Tahoe, Sonoma, Key West, Charleston, and St. Thomas in the U.S. Virgin Islands.

DiamondRock Hospitality Co. has maintained a strong brand reputation, particularly in corporate responsibility and sustainability. The company was recognized by GRESB as a Global Listed Sector Leader for its corporate responsibility program and sustainability initiatives for the fourth consecutive year as of October 2023, and received GRESB Sector Leader Status and a #1 ranking among hotel peers for the fifth consecutive year in December 2024. In 2024, the company also received Nareit's Leader in the Light Award for the lodging and resorts sector.

DiamondRock Hospitality Co. exhibits an ownership structure predominantly held by institutional investors, holding between approximately 94% and 103.92% of the company's stock. Major institutional owners include BlackRock, Inc., Vanguard Group Inc., and State Street Corp. Company insiders own a smaller percentage, ranging from approximately 1.14% to 5.52% of the shares. Retail investors hold between 0.00% and 28.19% of the stock. Marriott International Inc. owns 1.45% of the company's shares.