DiamondRock Hospitality

Real EstateMaryland, United States11-50 Employees

DiamondRock Hospitality Company is a self-advised real estate investment trust (REIT) that owns a portfolio of 35 premium destination resorts and urban hotels in the U.S. containing over 9,600 rooms. Our goal is to be provide above-average, long-term total shareholder returns through a combination of dividends and capital appreciation.
We strive to create significant long-term shareholder value by executing on three strategic principles:

1.	Prudently allocating capital to hospitality investments with superior, risk-adjusted growth prospects.
2.	Employing rigorous and innovative approaches to asset management that drive meaningful upside to underlying performance and maximize asset value.
3.	Preserving a balance sheet that promotes strategic and financial flexibility, sustainable dividends and strong shareholder returns.

Since 2010, we have repositioned our portfolio through the acquisition of nearly $3 billion of urban and resort hotels that align with our strategic goals while disposing of more than $1 billion in non-core hotels.  These acquisitions have increase our exposure to unique destination markets such as Sedona, Lake Tahoe, Sonoma, Key West, and Charleston. Today, over 60% of our hotels are leisure-focused destination resorts and urban lifestyle hotels and nearly 95% are independently managed. 

DiamondRock is proud to named Global Listed Sector Leader by the Global Real Estate Sustainability Benchmark ("GRESB"), achieving the top position in the Hotel Sector for the second consecutive year, for its outstanding corporate responsibility program.

Sign up for free to view info

Email Format Employee directory