DIAMONDROCK HOSPITALITY (DRH)
Real Estate · NASDAQ
A premium hotel REIT owning 35 upscale and luxury properties across high-barrier-to-entry U.S. destination and urban markets, generating cash flow through third-party management while pursuing disciplined capital allocation and portfolio optimization.
What DIAMONDROCK HOSPITALITY does
DiamondRock Hospitality is a self-managed, self-administered lodging-focused REIT that owns a portfolio of 35 premium hotels and resorts with 9,595 rooms across 26 U.S. markets. The company operates nearly 40% of its portfolio as independent hotels and the remainder under leading global brands (Marriott, Hilton, or IHG), generating cash flow from guest revenues while paying management and brand fees to third-party operators. All hotels are managed by third parties, positioning DiamondRock as a pure owner focused on active asset management and capital allocation to deliver long-term stockholder returns.
Themes: ["Hospitality REITs / Hotel ownership","Destination and urban resort markets","Premium and luxury hotels","Capital recycling and portfolio optimization","Dividend-focused real estate investment"]
Fundamentals
- Price$11.85 as of 2026-07-09 close
- Market cap$2.4B as of 2026-07-10
- 1-year return+48.7% as of 2026-07-09 close
- P/E23.44 as of 2026-07-10
- Net margin+9.3% as of 2026-07-10
- Gross margin+28.1% as of 2026-07-10
- ROE+6.9% as of 2026-07-10
- Debt / equity0.76 as of 2026-07-10
- Revenue growth (YoY)-0.4% as of 2026-07-10
- Revenue CAGR (3y)+3.8% SEC XBRL
- Beta1.02 as of 2026-07-10
Dividend: yield +2.9%; 4-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Dependence on third-party hotel managers and brand operators (Marriott, Hilton, IHG) for operational execution and revenue generation; performance fluctuations directly impact cash flows and shareholder returns.","Cyclical exposure to lodging demand, travel patterns, and macroeconomic conditions affecting hotel occupancy, room rates, and overall portfolio profitability.","Interest rate sensitivity and refinancing risk; the company carries approximately $1.1 billion in debt and faces exposure to rising rates on floating-rate debt and refinancing obligations."]
Competitors & peers
- RLJ Lodging Trust
- Xenia Hotels & Resorts
- Hersha Hospitality Trust
- Apple Hospitality REIT
- Park Hotels & Resorts
- Chatham Lodging Trust
- Hotel and Lodging REITs
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.