DiamondRock Hospitality Company

Hotel REIT owning premium hotels in leisure and gateway markets

What DiamondRock Hospitality does

DiamondRock Hospitality owns a portfolio of 34 upscale hotels with about 9,400 rooms across the United States. Its hotels are mostly in vacation destinations and major gateway cities. Some carry big global hotel brands, and others are independent boutique hotels.

How DiamondRock Hospitality makes money

As a hotel owner, it earns revenue from room bookings, food and beverage, and other guest spending at its properties, while the hotels are run under brand or independent management. As a REIT, it pays out most of its taxable income to shareholders as dividends.

Products & services

• Portfolio of 34 premium hotels
• About 9,400 hotel rooms
• Branded hotels under leading global brand families
• Independent boutique lifestyle hotels
• Leisure destination resorts
• Gateway market urban hotels