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Stock impact report

Diamondrock Hospitality Co (DRH) Reports Mixed Results for Q4 and Full Year 2023 [Yahoo! Finance]

Diamondrock Hospitality Company (DRH) 
Last diamondrock hospitality company earnings: 2/20 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investor.drhc.com
Company Research Source: Yahoo! Finance
Comparable RevPAR : Grew by 3.1% over 2022 to $203.41. Adjusted EBITDA : Decreased by 15.0% for Q4 and 3.2% for the full year. Adjusted FFO : Declined to $38.6 million for Q4 and $198.5 million for the full year. Capital Expenditures : Approximately $86.3 million invested in hotel improvements. Dividends : Quarterly cash dividend of $0.03 per common share paid on January 11, 2024. Warning! GuruFocus has detected 5 Warning Signs with DRH. On February 22, 2024, Diamondrock Hospitality Co ( NYSE:DRH ) released its 8-K filing , detailing its financial performance for the fourth quarter and full year of 2023. As a lodging-focused real estate investment trust with a portfolio of 36 premium hotels and resorts across the United States, DRH's results reflect the company's strategic positioning and operational focus. Company Overview Diamondrock Hospitality Company operates in the competitive lodging sector, focusing on full-service hotel properties in key U.S. cities such as C Show less Read more
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