Diamondrock Hospitality Co

DiamondRock Hospitality Company is a self-advised real estate investment trust (REIT) headquartered in Bethesda, Maryland. The company employs 42 people and generates annual revenue of $691 million. DiamondRock Hospitality Company focuses on owning and managing a portfolio of premium destination resorts and urban hotels. The company owns 35 hotels across the United States, containing over 9,600 rooms. They prioritize acquiring hotels in unique destination markets such as Sedona, Lake Tahoe, Sonoma, Key West, and Charleston. Over 60% of their hotels are leisure-focused destination resorts and urban lifestyle hotels, with nearly 95% independently managed. DiamondRock Hospitality Company is dedicated to delivering above-average, long-term total shareholder returns through a combination of dividends and capital appreciation. They achieve this through three core principles: prudent capital allocation to hospitality investments with superior growth prospects, employing innovative asset management strategies to maximize asset value, and maintaining a balanced sheet that supports strategic flexibility, sustainable dividends, and strong shareholder returns. You can learn more about DiamondRock Hospitality Company by visiting their website at drhc.com.