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Diamondrock Hospitality Co 8-K Filings

DRH NASDAQ

Every 8-K that Diamondrock Hospitality Co (DRH) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 8-K covers material events a company has to report between its quarterly reports, so if you follow DRH and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full DRH filings page.

Rhea-AI Summary

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.

Rhea-AI Summary

DiamondRock Hospitality Company completed the sale of its leasehold interest in the 189-room Courtyard by Marriott New York Manhattan/Fifth Avenue for $33.0 million. The sale price equals a 6.3x multiple of the hotel’s 2025 Hotel Adjusted EBITDA and a 13.3% capitalization rate on 2025 Hotel Net Operating Income.

Including planned capital expenditures of $12 million, a contractual ground lease payment increase and higher expected labor costs, the Company estimates a stabilized capitalization rate of about 7.8%, or 6.5% on a fee simple basis. Management highlights that hotel Net Operating Income more than doubled from 2019 to 2025, but expected future returns no longer met its investment thresholds, so the sale aligns with a focus on disciplined capital allocation and growing free cash flow per share.

DiamondRock updated its full-year 2026 outlook to reflect the sale. Revised guidance calls for Adjusted EBITDA of $290.2 million to $302.2 million and Adjusted FFO of $228.4 million to $240.4 million, with Adjusted FFO per share of $1.10 to $1.16. Comparable RevPAR and Total RevPAR growth ranges are unchanged at 1.5% to 3.5% and 1.75% to 3.75%, respectively.

Rhea-AI Summary

DiamondRock Hospitality Company reported strong first quarter 2026 results and raised its full-year outlook. Net income attributable to common stockholders rose to $14.5 million, or $0.07 per diluted share, up 54.3% and 75.0% from the prior-year quarter.

Total revenues were $258.2 million, with Comparable RevPAR up 2.0% to $190.01 and Comparable Hotel Adjusted EBITDA up 8.0% to $66.2 million, expanding margins by 127 basis points. Adjusted EBITDA increased to $60.6 million, and Adjusted FFO per diluted share grew 15.8% to $0.22.

The company invested $20.8 million in hotel renovations, ended the quarter with $1.1 billion of debt and $39.3 million of cash, and had a fully undrawn $400 million revolver. The Board authorized a new $300 million share repurchase program and declared a quarterly dividend of $0.09 per share. Full-year 2026 guidance was raised, with Adjusted EBITDA now expected between $296 million and $308 million and Adjusted FFO per share between $1.12 and $1.18.

Rhea-AI Summary

DiamondRock Hospitality Company furnished an investor presentation outlining its strategy, 2025 results, and 2026 outlook. The REIT owns 35 hotels with 9,595 rooms across 26 U.S. markets, emphasizing luxury and lifestyle resorts plus urban hotels, and highlights capital-light, mostly third-party management.

From 2023–2025, free cash flow per share grew at a +10.6% CAGR, supported by capital recycling and share repurchases, including 4.8 million shares in 2025 at an average price of $7.72. 2025 comparable total RevPAR, Adjusted EBITDA, and Adjusted FFO per share all slightly exceeded guidance.

For 2026, DiamondRock guides to comparable RevPAR growth of 1.0%–3.0%, Adjusted EBITDA of $287–$302 million, and Adjusted FFO per share of $1.09–$1.16. The company underscores a simple balance sheet with a $1.5 billion unsecured credit facility, no maturities until 2029, and a 5.0% weighted average interest rate, alongside strong ESG scores, including sector-leading GRESB recognition.

Rhea-AI Summary

DiamondRock Hospitality Company reported strong fourth-quarter and full-year 2025 results, beating the high end of its 2025 guidance for comparable total RevPAR growth, Adjusted EBITDA, and Adjusted FFO per share. Fourth-quarter net income attributable to common stockholders was $23.8 million, or $0.12 per diluted share, versus a loss a year earlier. Adjusted EBITDA rose 3.3% to $71.9 million and Adjusted FFO per share increased 12.5% to $0.27, while comparable total RevPAR inched up 0.6% to $311.00 despite slightly lower occupancy.

For 2025, net income attributable to common stockholders grew to $91.6 million, or $0.44 per diluted share, up 139.8%. Adjusted FFO reached $227.0 million, or $1.08 per share, and comparable total RevPAR rose 1.2% to $319.06. The company refinanced and upsized its senior unsecured credit facility to $1.5 billion, repaid all mortgage loans to create a fully unencumbered portfolio, redeemed its 8.250% Series A preferred stock for approximately $121.5 million, and repurchased 4.8 million common shares for $37.1 million. For 2026, guidance calls for Adjusted EBITDA of $287–$302 million and Adjusted FFO per share of $1.09–$1.16, with expected comparable total RevPAR growth of 1.25–3.25%.

Rhea-AI Summary

DiamondRock Hospitality Company announced that longtime Chairman William W. McCarten will retire from its Board of Directors at the end of his current term, effective at the adjournment of the 2026 Annual Meeting of Shareholders on April 29, 2026. He will continue to serve as Chairman until that date, and the company states his decision is not based on any disagreement with the company or management.

Effective on his retirement date, Bruce D. Wardinski, a current director, will become non-executive Chairman of the Board, and the Board size will be reduced from nine to eight directors. DiamondRock describes Mr. McCarten as its founder, inaugural Chief Executive Officer, and Chairman, highlighting his 47-year career in hospitality and his role in building the current business.

The company also reiterates its profile as a self-advised lodging REIT with 35 premium hotels and resorts totaling approximately 9,600 rooms across leisure destinations and major gateway markets, operated under both leading global brands and independent lifestyle boutique flags.

Rhea-AI Summary

DiamondRock Hospitality Company has furnished a new investor slide presentation for use in upcoming investor meetings. The presentation is dated December 2025 and is provided as Exhibit 99.1 to this report, with a copy also posted in the investor relations presentations section of the company’s website at www.drhc.com.

The company emphasizes that the information in the presentation is being furnished under Regulation FD, not filed, meaning it is not subject to certain Exchange Act liabilities and will not automatically be incorporated into other securities law filings. The report also includes standard Inline XBRL exhibits and is signed by the company’s Executive Vice President, Chief Financial Officer and Treasurer, Briony R. Quinn.

Rhea-AI Summary

DiamondRock Hospitality Company reported that it has redeemed its 8.250% Series A Cumulative Redeemable Preferred Stock. The update was shared through a press release dated November 20, 2025, which is attached to this report as an exhibit. The company notes that the press release is being furnished for disclosure purposes and is not considered filed under certain securities law provisions.

Rhea-AI Summary

DiamondRock Hospitality Company will transfer its common stock listing from the NYSE to Nasdaq. The board approved the move on November 12, 2025, and the company notified NYSE on November 13, 2025. Nasdaq trading is expected to begin on December 1, 2025, under the same ticker, DRH.

The last day of NYSE trading for the common stock is expected to be November 28, 2025. The company’s 8.250% Series A Cumulative Redeemable Preferred Stock will continue to be listed on the NYSE.

Rhea-AI Summary

DiamondRock Hospitality Company furnished an Item 2.02 Form 8-K announcing it issued a press release with financial results for the three and nine months ended September 30, 2025. The press release is attached as Exhibit 99.1 and incorporated by reference in this report.

The company states the information provided under Item 2.02, including Exhibit 99.1, is furnished and shall not be deemed filed for purposes of the Exchange Act, nor subject to Section 18 liability or automatically incorporated into other filings. Additional Inline XBRL exhibit files are included.

Rhea-AI Summary

DiamondRock Hospitality Company reports that on September 5, 2025 it prepaid the $166.2 million mortgage loan secured by the Westin Boston Seaport District hotel. After this repayment, all of the company’s remaining debt is described as fully unsecured and can be prepaid at any time, which changes its capital structure from secured borrowing on that property to an entirely unsecured debt profile.

The company also furnished an investor slide presentation for use in upcoming investor meetings as an exhibit and posted it on its website. That presentation, together with the related disclosure, is provided under Regulation FD as furnished information rather than filed under the securities laws.

Rhea-AI Summary

On 22 Jul 2025 DiamondRock Hospitality (NYSE: DRH) executed a Seventh Amended & Restated Credit Agreement that upsizes its unsecured credit facility from $1.2 bn to $1.5 bn and extends maturities.

  • $400 m revolving credit line maturing 21 Jan 2030; two optional 6-month extensions.
  • Three term loans totalling $1.1 bn: $500 m due 3 Jan 2028, $300 m due 21 Jan 2029, $300 m due 21 Jan 2030; Term 1 & Term 3 may each be extended twice.
  • Accordion feature can lift total commitments to $1.8 bn.
  • Pricing unchanged at SOFR +1.35%–2.25%, driven by leverage tiers; unused revolver fee 0.20%–0.25%.
  • Covenants remain: max leverage 60%, fixed-charge cover ≥1.5×, secured debt <45% of asset value.

The incremental $300 m fully covers repayment of three mortgage loans maturing in 2025 (≈$291.6 m). After the planned pre-payment of the $166.6 m Westin Boston Seaport loan in Sep-25, DRH will have no debt maturities until Jan-2028 and its hotel portfolio will be entirely unencumbered.

The refinancing bolsters liquidity, cuts near-term refinancing risk and preserves borrowing costs, though drawing the added capacity could lift leverage.