Business
DIAMONDROCK HOSPITALITY COMPANY REPORTS FIRST QUARTER 2025 RESULTS
DiamondRock Hospitality Company (the "Company") (NYSE: DRH), a lodging real estate investment trust that owns a portfolio of 36 premium hotels and resorts in the United States, today announced results of operations for the quarter ended March 31, 2025.
About this update from Diamondrock Hospitality Company
[{"type":"text","content":"Q1 Comparable RevPAR Increases 2.0%","length":35,"tagName":"p","attribs":{}},{"type":"text","content":"Declares Second Quarter 2025 Dividends","length":38,"tagName":"p","attribs":{}},{"type":"text","content":"BETHESDA, Md., May 1, 2025 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH), a lodging real estate investment trust that owns a portfolio of 36 premium hotels and resorts in the United States, today announced results of operations for the quarter ended March 31, 2025.","length":305,"tagName":"p"},{"type":"image","alt":"(PRNewsfoto/DiamondRock Hospitality Company)","displaySize":"","headline":null,"caption":"(PRNewsfoto/DiamondRock Hospitality Company)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":215,"url":"https://media.zenfs.com/en/prnewswire.com/565a6735581b743e28172adc1e0ebba4"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/6UEVB3H16CjgEnygW.bYqA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTM3OTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/565a6735581b743e28172adc1e0ebba4","width":400,"height":215}},"href":"https://mma.prnewswire.com/media/779900/DiamondRock_Hospitality_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Highlights","length":10,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Net Income: Net income attributable to common stockholders was $9.4 million, or $0.04 per diluted share, an increase of 59.3% compared to the first quarter of 2024.","length":164,"tagName":"p"}]},{"val":[{"type":"text","content":"Comparable Revenues: $251.8 million, an increase of 0.5% compared to the first quarter of 2024.","length":95,"tagName":"p"}]},{"val":[{"type":"text","content":"Comparable RevPAR: $186.20, an increase of 2.0% compared to the first quarter of 2024.","length":86,"tagName":"p"}]},{"val":[{"type":"text","content":"Comparable Hotel Adjusted EBITDA: $61.3 million, an increase of 2.2% compared to the first quarter of 2024.","length":107,"tagName":"p"}]},{"val":[{"type":"text","content":"Comparable Hotel Adjusted EBITDA Margin: 24.36%, an increase of 39 basis points compared to the first quarter of 2024.","length":118,"tagName":"p"}]},{"val":[{"type":"text","content":"Adjusted EBITDA: $56.1 million, which is approximately flat to the first quarter of 2024.","length":89,"tagName":"p"}]},{"va...