DiamondRock Hospitality Company (the "Company" or "we") is a lodging-focused real estate company that owns a portfolio of premium hotels and resorts. As of March 31, 2024, the company owned 36 hotels with 9,757 guest rooms. Company's hotels are concentrated in major urban markets and in destination resort locations and more than 60% of our hotels are operated under a brand owned by one of the leading global lodging brand companies (Marriott International, Inc., Hilton Worldwide, or IHG Hotels & Resorts). As an owner, company receives all of the operating profits or losses generated by hotels after they pay fees to the hotel managers and hotel brands, which are based on the revenues and profitability of the hotels. The company is a real estate investment trust ("REIT") for U.S. federal income tax purposes. The company conduct business through a traditional umbrella partnership real estate investment trust, or UPREIT, in which hotel properties are owned by our operating partnership, DiamondRock Hospitality Limited Partnership, or subsidiaries of our operating partnership.
| 25.09 | |
| 25.08 | |
| - | |
| 25.15 | |
| 25.02 | |
| 22.8929-26.4588 | |
| 0 | |
| 0 | |
| 1 088 M | |
| -0.36 | |
| 0.0821 | |
| 1.608 |
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In this article, we will take a look at the 12 most undervalued hotel stocks to buy according to hedge funds. To see more such companies, go directly to 5Most Undervalued Hotel Stocks To Buy According...
BETHESDA, Md., March 2, 2023 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) today announced that its Board of Directors has declared a quarterly cash dividend of $0.03 per...
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