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DiamondRock Hospitality Co.

DiamondRock Hospitality Co.

Sector: Real Estate Investment Trusts Region: MD, United States


: | New York Stock Exchange: DRH


Similar to: RioCan Real Estate Investment Trust, Calloway Real Estate Investment Trust, Kimco Realty Corp.

DiamondRock Hospitality Co. is a lodging-focused Maryland corporation operating as a real estate investment trust. It owns a portfolio of premium hotels and resorts that contains guest rooms; a senior note on a mortgage loan secured by an additional hotel; and have the right to acquire, upon completion, a hotel under development. Its properties are concentrated in key gateway cities (primarily New York City, Chicago, Boston and Los Angeles) and in destination resort locations (such as the U.S. Virgin Islands and Vail, Colorado). Its hotels are operated under a brand owned by Marriott International, Inc. and Starwood Hotels & Resorts Worldwide, Inc. or Hilton Worldwide. The company was founded by Mark W. Brugger, William W. McCarten and John L. Williams in July 2004 and is headquartered in Bethesda, MD.

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