10x Insights
Loading account…
Companies / Real Estate / DiamondRock Hospitality Co
DRH

DiamondRock Hospitality Co

Ticker DRHBETHESDA, MDFiscal year ends DecemberBook value per share $7.40Diluted shares 205.9M

DiamondRock Hospitality Company (Nasdaq: DRH) is a self-managed and self-administered lodging-focused real estate investment trust that owns a portfolio of premium hotels and resorts throughout the United States. The company operates its website at www.drhc.com and maintains its primary business focus on acquiring,… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$1.12B
−0.8% year over year
Last 12 mo $1.14B
14.51%
+4.7 percentage points
Last 12 mo 16.16%
$101.94M
+111.3% year over year
Last 12 mo $154.28M
7.08%
+1.9 percentage points
Last 12 mo 10.09%
Cash & financing
$243.65M
+8.6% year over year
Last 12 mo $243.99M
$162.09M
+13.5% year over year
Last 12 mo $163.44M
0.76
Was 0.69× a year earlier
Last 12 mo 0.72
208.3M
−1.4% year over year
Last 12 mo 205.9M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What DiamondRock Hospitality Co does

In the company’s own words

DiamondRock Hospitality Company (Nasdaq: DRH) is a self-managed and self-administered lodging-focused real estate investment trust that owns a portfolio of premium hotels and resorts throughout the United States. The company operates its website at www.drhc.com and maintains its primary business focus on acquiring, owning, renovating and asset managing premium hotel properties.

As of December 31, 2025, DiamondRock owns 35 hotels with 9,595 rooms located across 26 markets in the United States. The company's portfolio is composed primarily of luxury and upper upscale hotels and resorts positioned in high barrier-to-entry markets with multiple demand generators, concentrating on popular leisure destinations and major urban centers. Over 97 percent of revenues are derived from core urban and resort destination hotels. Approximately 40 percent of the portfolio operates as independent lifestyle hotels, while the remainder operates under leading global lodging brands including Marriott International, Hilton Worldwide, and IHG Hotels & Resorts.

DiamondRock operates as an owner rather than an operator of its hotels. Third-party hotel management companies handle day-to-day operations, while the company receives all operating profits or losses after paying fees to hotel managers and brand operators. The company employs 35 full-time employees at its headquarters, with all hotel operations staffed by third-party management companies.

The company's business strategy centers on driving long-term value through active asset management, disciplined capital allocation, and a conservative balance sheet. DiamondRock maintains a conservative capital structure with unencumbered hotels and no outstanding borrowings under its senior unsecured credit facility as of December 31, 2025. The company pursues strategic acquisitions in target asset types, regularly evaluates opportunities to dispose of non-core hotels, and implements value-enhancing capital projects across its portfolio.

DiamondRock conducts its business through an umbrella partnership REIT structure, owning 99.5 percent of the limited partnership units of DiamondRock Hospitality Limited Partnership. The company leases its hotels to taxable REIT subsidiaries, which engage third-party management companies to operate the properties. DiamondRock's corporate responsibility program incorporates governance, environmental, and social initiatives into its overall business strategy and investment decisions.

Company details
Sector
Real Estate
Industry (SIC)
REITs
Headquarters
BETHESDA, MD
Fiscal year end
December
CIK
1298946
SIC
6798

Financial performance, year by year

Fiscal 2013–2025 · USD
$-549.27M$-89.55M$370.17M$829.89M$1.29B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns DiamondRock Hospitality Co — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

320
funds hold it
0 of 35
superinvestors hold it
$1.23B
held by funds, at market
52.1%
of shares held by funds

Largest fund holders · DiamondRock Hospitality Co’s weight in each

iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.13%of fund net assets
Cohen & Steers Real Estate Securities Fund
CSEIX · COHEN & STEERS REAL ESTATE SECURITIES FUND INC
0.94%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD REAL ESTATE INDEX FUND
VNQ · VANGUARD SPECIALIZED FUNDS
0.11%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.08%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do DiamondRock Hospitality Co and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of DiamondRock Hospitality Co's earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in DiamondRock Hospitality Co's last four quarterly filings that the numbers alone won't show?”
See how it works →All research tools with a subscription. Use your own AI account.