DiamondRock Hsp

DRH NYSE
9.41
-0.04
-0.42%
Opening 14:12 08/22 EDT
Open
9.47
Prev Close
9.45
High
9.49
Low
9.36
Volume
1.13M
Avg Vol (3M)
1.81M
52 Week High
12.08
52 Week Low
8.70
% Turnover
0.57%
Market Cap
1.88B
1D
5D
1M
3M
1Y
5Y

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Company Profile

DiamondRock Hospitality Company is a real estate investment trust (REIT). As of December 31, 2016, the Company owned a portfolio of 26 hotels and resorts that contains 9,472 guest rooms located in 17 different markets in North America and the United States Virgin Islands. Its business is to acquire, own, asset manage and renovate hotel properties in the United States. Its portfolio is concentrated in gateway cities and destination resort locations. It conducts its business through an umbrella partnership REIT (UPREIT) in, which its hotels are owned by subsidiaries of its operating partnership, DiamondRock Hospitality Limited Partnership. The Company is the general partner of its operating partnership and owns, either directly or indirectly, all of the limited partnership units of its operating partnership. The Company leases all of its domestic hotels to taxable REIT subsidiary, Bloodstone TRS, Inc. (TRS) lessees.
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