DiamondRock Hospitality Company (DRH) completed its acquisition of the fee simple interest in The Bellmoor Inn & Spa on October 1, 2026, for $31.0 million. The 79-room luxury resort is in Rehoboth Beach, Delaware; the consideration was approximately $392,000 per key. DiamondRock funded the acquisition with cash on hand.
For the trailing twelve months ended August 31, 2026, the purchase price represented a 10.4x Hotel EBITDA multiple and an 8.6% capitalization rate on Hotel NOI. Following the implementation of asset management initiatives and completion of planned off-season capital improvements, the hotel is projected to generate a stabilized Hotel NOI yield of approximately 9.5%. The reconciliation lists Hotel net income of $1.6 million, depreciation and amortization of $1.4 million, Hotel EBITDA of $3.0 million, a $0.3 million capital reserve, and Hotel NOI of $2.7 million. Hotel EBITDA and Hotel NOI are non-GAAP measures, not alternatives to GAAP net income.
DiamondRock Hospitality Company (DRH) furnished an investor presentation outlining its strategy, 2026 outlook, and capital structure. For 2026, the company provides guidance for Adjusted EBITDA of $310.0–$320.0 million and Adjusted FFO of $245.5–$255.5 million, with Adjusted FFO per share of $1.18–$1.23 as of July 30, 2026 guidance.
The materials highlight diversified hotel exposure across 34 properties and multiple U.S. markets, a focus on differentiated earnings growth and disciplined capital allocation, and expectations for more than 50% free cash flow per share growth over 2023–2026E. DiamondRock also emphasizes relatively low leverage, a $1.5 billion upsized revolving credit facility with no maturities until January 2029, and strong ESG scores and awards. The presentation uses several non-GAAP measures such as EBITDAre, Adjusted FFO, and Free Cash Flow, with definitions and use cases provided.
DiamondRock Hospitality Company, a lodging-focused REIT owning 34 U.S. hotels with 9,400 rooms, reported solid Q2 2026 results. Total revenues were $318,286 (in thousands), with net income attributable to the company of $90,480 (in thousands), compared with $40,835 (in thousands) a year earlier. For the first six months of 2026, revenues were $576,448 (in thousands) and net income attributable to the company was $104,944 (in thousands).
Portfolio operating trends improved, with six‑month occupancy at 72.5%, ADR of $297.46 and RevPAR of $215.55, all higher than 2025. Hotel Adjusted EBITDA rose to $113,723 (in thousands) in Q2, supported by higher room rates, a $31,591 (in thousands) gain on the sale of Courtyard New York Manhattan/Fifth Avenue, and favorable Chicago property tax settlements that reduced expenses.
The balance sheet remains conservative. Total assets were $3,066,291 (in thousands), with debt of $1,099,038 (in thousands) at a weighted‑average interest rate of 4.90% and a leverage ratio of 23.9%, well below covenant limits. Cash and restricted cash totaled $145,864 (in thousands), and the company had $400,000 (in thousands) of undrawn revolving credit capacity. DiamondRock repurchased 189,265 shares for $1.9 million and paid common dividends of $0.30 per share year‑to‑date while investing $40.3 million in capital projects.
DiamondRock Hospitality Company reported strong second-quarter 2026 results for its 34-hotel REIT portfolio. Net income attributable to common stockholders was $90.5 million, or $0.44 per diluted share, increases of 135.7% and 144.4% over the prior-year quarter. Adjusted EBITDA rose to $107.9 million and Adjusted FFO per diluted share to $0.44, while comparable RevPAR reached $240.79 and comparable hotel Adjusted EBITDA margin expanded to 35.76%, aided in part by a $6.9 million Chicago property-tax settlement.
The company sold Courtyard New York Manhattan/Fifth Avenue for $33.0 million, invested $40.3 million in year-to-date hotel renovations, and ended June 30, 2026 with $1.1 billion of debt, $400 million of revolver availability and about $106.0 million of unrestricted cash. A new $300.0 million share repurchase program was authorized, with $299.4 million remaining after buying back 0.2 million shares. The quarterly common dividend was increased 22% to $0.11 per share, and full-year 2026 guidance was raised, including Adjusted EBITDA of $310.0–$320.0 million and Adjusted FFO of $245.5–$255.5 million.
DiamondRock Hospitality Co director Stephanie Lepori reported five purchases of common stock totaling 584.99 shares between October 2025 and July 2026, at prices from $7.51 to $12.08 per share. The shares were acquired through a broker-administered dividend reinvestment plan described as inadvertent, and she has since disabled the dividend reinvestment feature, resulting in direct holdings of 25,830.99 shares.
DiamondRock Hospitality director Kathleen Merrill sold shares in the company. On June 12, 2026, she completed an open-market sale of 20,000 shares of common stock at $11.88 per share. After this transaction, she directly held 84,335 shares of DiamondRock Hospitality common stock.
DRH (Equity Service Inc) submitted a Form 144 notifying a proposed sale of 20,000 shares of Common Stock. The filing records an aggregate value of $238,400.00 and lists a CUSIP of 204490591 with an apparent filing/notice date of 06/12/2026.
The shares originate from two issuer equity grants dated 05/13/2021 (10,417 shares) and 05/10/2022 (9,583 shares), and the custodian is shown as NFS at Montpelier, VT. The filing is a notice of proposed sale under resale rules.
DiamondRock Hospitality director Michael A. Hartmeier reported an open-market sale of common stock. On May 13, 2026, he sold 20,000 shares of DiamondRock Hospitality common stock at $10.46 per share. After this transaction, he directly owns 95,354 shares of the company’s common stock.
DRH proposed sale notice filed under Form 144. The filing lists Common shares to be sold through Fidelity Brokerage Services LLC, showing 20,000 shares and an aggregate amount of $210,000.00. The filing references 05/13/2026 and Nasdaq as the trading market.
DiamondRock Hospitality director Tabassum Zalotrawala received an annual equity award in the form of fully vested deferred stock units. She acquired 10,753 common shares at no cash cost, representing a grant valued at $110,000. Following this compensation grant, her direct holdings total 71,055 shares of DiamondRock common stock.