DIAMONDROCK HOSPITALITY ANNOUNCES TRANSFER TO NASDAQ

Rhea-AI Summary

DiamondRock Hospitality (NYSE:DRH) will voluntarily transfer the listing of its Class A common stock to the Nasdaq Global Select Market, expected to begin trading on December 1, 2025, under its existing DRH symbol.

The company said the move is intended to access Nasdaq's cost-effective exchange listing platform, trading advisory services, and enhanced marketing opportunities, and it thanked the NYSE for a 20-year partnership.

Positive

• Listing transfer effective December 1, 2025 under symbol DRH
• Ticker unchanged; common stock will continue trading as DRH
• Access to Nasdaq services: cost-effective platform, advisory, marketing

Negative

• None.

Ticker to Remain DRH

BETHESDA, Md., Nov. 13, 2025 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") today announced it will voluntarily transfer the listing of its Class A Common Stock to Nasdaq from the New York Stock Exchange ("NYSE"). The Company expects its common stock to begin trading on the Nasdaq Global Select Market on December 1, 2025, under its existing "DRH" symbol.

"Through our partnership with Nasdaq, the Company and its shareholders will benefit from its cost-effective exchange listing platform, trading advisory services, and enhanced marketing opportunities, in support of our strategic objectives. We appreciate the NYSE's partnership over the last 20 years," said Jeffrey J. Donnelly, Chief Executive Officer.

"DiamondRock is a leader in premium accommodations across the United States, and we're pleased to welcome them into the Nasdaq family. At Nasdaq, DiamondRock will benefit from our unparalleled trading platform and in-house corporate services and join a community of the most innovative companies in the world," said Nelson Griggs, President of Nasdaq.

About the Company
DiamondRock Hospitality Company is a self-advised real estate investment trust (REIT) that owns a leading portfolio of geographically diversified hotels concentrated in leisure destinations and top gateway markets. The Company currently owns 36 premium quality hotels and resorts with approximately 9,600 rooms. The Company has strategically positioned its portfolio to be operated both under leading global brand families as well as independent boutique hotels in the lifestyle segment. For further information on the Company and its portfolio, please visit DiamondRock Hospitality Company's website at www.drhc.com.

This press release contains forward-looking statements within the meaning of federal securities laws and regulations. These forward-looking statements are identified by their use of terms and phrases such as "believe," "expect," "intend," "project," "forecast," "plan" and other similar terms and phrases, including references to assumptions and forecasts of future results. Forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors which may cause the actual results to differ materially from those anticipated at the time the forward-looking statements are made. These risks include, but are not limited to: the adverse impact of any future pandemic, epidemic or outbreak of any highly infectious disease on the U.S., regional and global economies, travel, the hospitality industry, and the financial condition and results of operations of the Company and its hotels; negative developments or volatility in the economy, including, but not limited to elevated inflation and interest rates, job loss or growth trends, the imposition of trade sanctions or tariffs and any potential retaliatory responses thereto, an increase in unemployment or a decrease in corporate earnings and investment; risks associated with the lodging industry overall, including, without limitation, decreases in the frequency of travel, decreases in the demand for, or frequency of, international travel as a result of evolving global trade dynamics or otherwise, and increases in operating costs; relationships with property managers; the ability to compete effectively in areas such as access, location, quality of accommodations and room rate structures; changes in taxes and government regulations which influence or determine wages, prices, construction procedures and costs; and other risk factors contained in the Company's filings with the Securities and Exchange Commission. Although the Company believes the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that the expectations will be attained or that any deviation will not be material. All information in this release is as of the date of this release, and the Company undertakes no obligation to update any forward-looking statement to conform the statement to actual results or changes in the Company's expectations.

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SOURCE DiamondRock Hospitality Company

FAQ

When will DiamondRock (DRH) begin trading on Nasdaq?

DiamondRock expects DRH to begin trading on Nasdaq on December 1, 2025.

Will DiamondRock change its ticker symbol when moving to Nasdaq (DRH)?

No; the company said the stock will continue to trade under the existing DRH symbol.

Why is DiamondRock moving its DRH listing from NYSE to Nasdaq?

The company cited Nasdaq's cost-effective listing platform, trading advisory services, and enhanced marketing opportunities.

Where will DiamondRock (DRH) be listed before the Nasdaq transfer?

DiamondRock's Class A common stock is listed on the New York Stock Exchange until the expected transfer.

How long was DiamondRock listed on the NYSE before transferring DRH?

The company noted a 20-year partnership with the NYSE.

What immediate benefits did DiamondRock cite for Nasdaq listing for DRH?

The company highlighted cost-effective exchange listing, trading advisory services, and enhanced marketing opportunities.