DiamondRock Hospitality
Bethesda
About DiamondRock Hospitality
DiamondRock Hospitality, is a lodging-focused Maryland corporation operating as a real estate investment trust (REIT). It owns a portfolio of 27 premium hotels and resorts that contain 11,590 guest rooms. It also holds the senior note on a mortgage loan secured by an additional hotel and has the right to acquire, upon completion, a hotel under development. Its portfolio is concentrated in key gateway cities and destination resorts. Each of its hotels is managed by a third party and are operated under a brand owned by one of the global lodging brand companies (Marriott International, Inc. (Marriott), Starwood Hotels & Resorts Worldwide, Inc. (Starwood) or Hilton Worldwide (Hilton)). In November 2013, the Company sold the Torrance Marriott South Bay. In April 2014, DiamondRock Hospitality Co sold its Oak Brook Hills Resort which is located in suburb of Chicago.
Company Facts
- Operating status: Active
- Company type: For Profit
- IPO status: Public
- Employees: 11 – 50
- Estimated revenue: $100K – $500K
- Total funding: $1.5B
- Funding stage: IPO
- Last round: Post-IPO Debt (Sep 2022)
- Ticker: nasdaq:DRH
- Website: drhc.com
- Phone: +1 240 215 2053
Industries & Categories
Hospitality, Leisure, Lending, Real Estate, Real Estate Investment
Social Profiles
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