DRH News and Press, Diamondrock Hospitality Company From 07/03/22

DiamondRock Hospitality is a hotel REIT with a conservative balance sheet. The AFFO is increasing fast and I'm looking forward to the REIT's result in the current summer season. The preferred shares have a current yield of around 8%, but the yield to call is just over 7.3%. Ba...

DIAMONDROCK HOSPITALITY ANNOUNCES SECOND QUARTER 2022 EARNINGS RELEASE AND CONFERENCE CALL PR Newswire BETHESDA, Md. , June 28, 2022 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) will report financial results for the second q...

Home Depot (NYSE:HD) and Lowe’s (NYSE:LOW) fell to yearly lows on Thursday as the housing market cools off quickly in 2022. A surge in US Mortgage rates to nearly 6% this week, the greatest leap in 35 years, has cut into housing demand severely, judging by newly released data. On Thurs...

The following slide deck was published by DiamondRock Hospitality Company in conjunction with this event. For further details see: Diamond Rock Hospitality (DRH) Investor Presentation - Slideshow

The following slide deck was published by DiamondRock Hospitality Company in conjunction with this event. For further details see: DRH

The hotel industry is doing well as the economy reopens. In May, hotel companies like Marriott, Hilton, and Wyndham published strong quarterly results and forward guidance. One way to benefit from this hotel supercycle is through hotel REITs. These are companies that own buildings t...

Nearly 200 REITs have reported earnings results over the past three weeks, providing critical information on the state of the real estate industry amid the extreme volatility in early 2022. Results were generally better-than-expected with roughly 85% of equity REITs beating consensus ...

U.S. equity markets declined for a fifth-straight week - the worst losing streak since 2012 - after the Federal Reserve delivered a double rate-hike that flared intense volatility but didn't ease stagflation worries. Off to its worst start to a year since 1939, the S&P 500 decline...

DiamondRock Hospitality Company (DRH) Q1 2022 Earnings Conference Call May 06, 2022 08:00 AM ET Company Participants Mark Brugger - President and CEO Jeff Donnelly - EVP and Chief Financial Officer Conference Call Participants Dori Kesten - Wells Fargo Smedes Rose - Citi Chris Woronka - Deuts...

DiamondRock Hospitality press release (NYSE:DRH): Q1 FFO of $0.14 beats by $0.07. Revenue of $196.8M (+170.0% Y/Y) beats by $17.44M. Expects FY22 hotel revenues to meet or exceed 2019; common dividend expected to resume in Q3 of 2022. Comparable RevPAR was $155.76, a 122.3% increase over...