DRH News and Press, Diamondrock Hospitality Company From 02/28/23

(NewsDirect) DroneShield Ltd CEO Oleg Vomik sits down with Proactive's Tom Warner to discuss the company's record revenue year. DroneShield, the ASX's only drone defence company has reported a revenue increase by approximately 60% to $16.9 million backed by two recent $11 million orders from ...

Summary U.S. equity markets posted their worst week of the year as benchmark interest rates jumped to three-month highs on data showing a surprising reacceleration in inflation and economic activity in January. Declining for a third straight week - a skid that follows a stretch of four-...

DiamondRock Hospitality Company (DRH) Q4 2022 Earnings Conference Call February 21, 2023 8:30 AM ET Company Participants Briony Quinn - Senior Vice President and Treasurer Mark Brugger - President, Chief Executive Officer Jeff Donnelly - Executive Vice President and Ch...

The following slide deck was published by DiamondRock Hospitality Company in conjunction with their 2022 Q4 earnings call. For further details see: DiamondRock Hospitality Company 2022 Q4 - Results - Earnings Call Presentation

DiamondRock Hospitality press release ( NYSE: DRH ): Q4 FFO of $0.23 beats by $0.02 . Net income was $18.4M and earnings per diluted share was $0.07. Revenue of $255.1M (+34.3% Y/Y) beats by $3.56M . Comparable total revenues were $256.9M, a 22.6% increase over 202...

DIAMONDROCK HOSPITALITY COMPANY REPORTS FOURTH QUARTER AND FULL YEAR 2022 RESULTS PR Newswire Full Year 2022 Revenues 6.8% Above 2019 RevPAR Exceeds 2019 for 11th Consecutive Month BETHESDA, Md. , Feb. 21, 2023 /PRNewswire/ -- DiamondRock ...

Summary Despite lingering recession concerns and recent travel disruptions, Hotel REITs have been among the better-performing sectors over the past year, buoyed by steady post-pandemic operating improvement fueling long-awaited dividend resumptions. Several years of pent-up leisure dema...

Summary U.S. equity markets posted broad-based gains after the closely-watched CPI inflation report showed signs of easing inflationary pressures, strengthening the case for the Fed to slow its pace of rate hikes. Pushing its year-to-date gains to above 4% following a dismal year of per...

DiamondRock Hospitality ( NYSE: DRH ) on Wednesday reported preliminary Q4 comparable revenue grew 23.4% Y/Y and 8.5% from 2019. November comparable revenue increased 27.3% Y/Y and 7.1% from 2019, while December comparable revenue rose 10.5% Y/Y and 10.7% from 2019. "Diam...

Summary DiamondRock Hospitality REIT will likely post a full-year AFFO per share of in excess of $0.90, indicating the stock trades at just 9X AFFO. While that's cheap, it may get even cheaper as DiamondRock has started to buy back its own shares. I like the preferred shares as the ...