Diamondrock Hospitality Company · NASDAQ:DRH
Diamondrock Hospitality — Corporate Update (November 2018)
11 slides from Diamondrock Hospitality's corporate update, Nov 5, 2018
Slide 1: Frenchman's Reef Resort & Morning Star Beach Resort
Frenchman’s Reef Resort & Morning Star Beach Resort November 2018
Slide 2: Key Facts & Figures
Frenchman’s Reef Resort & Morning Star Beach Resort Key Facts & Figures Q2 2020 Projected Reopening $20M+ Brand Support $30M USVI Support $370+ Stabilized ADR $25M Stabilized EBITDA 2
Slide 3: Renowned Team of Experts Supporting Rebuild
Renowned Team of Experts Supporting Rebuild Kollin Altomare Architects WhiteSpace (Design) The Johnson Studio (F&B Design) Four Seasons Punta Mita Resort & Spa Four Seasons Scottsdale at Troon North The Ritz-Carlton Grand Cayman The Ritz-Carlton Laguna Niguel Four Seasons Hotel Austin (Blue, Seven,
Slide 4: Resort
Frenchman’s Reef Resort • Frenchman’s Reef Resort is St. Thomas’s flagship resort - Located on approximately 21 acres of picturesque land overlooking Charlotte Amalie Bay & the Atlantic Ocean - Features over 1,200 linear feet of beach - Iconic asset with the most visible location and view to island
Slide 5: Renovation Will Completely Reposition Frenchman's Reef
Renovation Will Completely Reposition Frenchman’s Reef Fully-renovated guestrooms New lobby and public spaces Redesigned pool, beach and spa experience Enhanced restaurant & bar experiences through partnership with celebrity chef Richard Sandoval Improved retail outlets and layout New po
Slide 6: Morning Star Repositioned as a Boutique, Luxury Resort
Morning Star Repositioned as a Boutique, Luxury Resort • 94 beachfront rooms will be up- branded to luxury, boutique resort • Distinct branding and luxury identity (e.g. Autograph Collection or Curio) • Targeting $500 ADR • Guestroom renovation ($150K per key) - Comp to Scrub Island Resort, Park Hya
Slide 7: Significant Upside with Two Vastly Improved Resorts
Significant Upside with Two Vastly Improved Resorts Average Daily Rate Completely renovated and rebuilt $502: Morning Star assets $372 +47% $253 $341: Frenchman’s Significant rate upside (47%) 2016A Stabilized Performance Independent manager to improve profitability and residual value EBITDA (
Slide 8: Main Lobby Rendering
Frenchman’s Reef Main Lobby Rendering 8
Slide 9: Main Tower Guestroom Rendering
Frenchman’s Reef Main Tower Guestroom Rendering 9
Slide 10: Morning Star Lobby Rendering
Morning Star Lobby Rendering 10
Slide 11: Morning Star Guestroom Rendering
Morning Star Guestroom Rendering 11
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