Company description

DiamondRock Hospitality Company (ticker DRH) is a real estate investment trust (REIT) that focuses on acquiring and owning premium hotel properties across the United States. The company was founded in 2004 and is headquartered in Bethesda, Maryland. They currently own 31 hotels with over 10,000 rooms in major cities such as New York, Miami, and Chicago. DRH's portfolio includes a mix of luxury and upper upscale hotels, including iconic properties like Hilton Chicago and Marriott Del Mar. The company boasts a strong track record of delivering consistent returns to its shareholders and has a diverse mix of revenue sources from business and leisure travelers. Their strategic partnership with some of the most reputable hotel brands allows them to have a competitive advantage in the industry. DRH is committed to sustainability and continuously implements innovative and eco-friendly practices in its properties. With a strong management team and a robust portfolio, DiamondRock Hospitality Company is well-positioned to continue its growth and create value for its shareholders.