Welcome to our dedicated page for Diamondrock Hospitality Co SEC filings (Ticker: DRH), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
DiamondRock Hospitality Company filings document the reporting record of a lodging REIT that owns premium hotels and resorts. Form 8-K disclosures cover quarterly and annual operating results, Regulation FD investor presentations, non-GAAP hotel performance measures, property dispositions, and other material events tied to the company’s hotel portfolio.
The filing record also includes definitive proxy materials for director elections, executive compensation, shareholder voting matters, and board governance. Other disclosures address capital structure items including common stock and 8.250% Series A Cumulative Redeemable Preferred Stock, annual meeting results, exchange-listing status, and formal exhibits filed or furnished with SEC reports.
Leonard Justin L. reported acquisition or exercise transactions in this Form 4 filing.
DiamondRock Hospitality President & COO Justin L. Leonard reported an equity award of 89,069 shares of common stock at a stated price of $0.00 per share. This represents an annual grant of restricted common shares, with one third scheduled to vest each year beginning on February 27, 2027. Following this award, his directly owned holdings total 302,956 common shares.
DiamondRock Hospitality Chief Accounting Officer Steve Spierto reported a tax-related share disposition. On this Form 4, he used 5,380 shares of common stock, valued at $10.04 per share, to satisfy tax withholding obligations. After this transaction, he directly owned 46,552 shares of DiamondRock Hospitality common stock.
DiamondRock Hospitality executive Briony R. Quinn reported a tax-related share disposition. On the transaction date, she transferred 11,096 shares of common stock at $10.04 per share to cover tax withholding obligations. After this non-market transaction, she continued to own 304,223 shares directly.
DiamondRock Hospitality Company’s President & COO, Leonard Justin L., reported equity compensation activity involving company common stock. On February 27, 2026, he had 15,858 shares of common stock disposed of in a tax-withholding transaction at $10.04 per share, related to equity compensation.
On the same date, he acquired 59,240 shares of common stock through a grant or award at $0.00 per share, increasing his directly held stake to 213,887 shares. A footnote explains that these shares were earned from previously granted performance stock units, and he elected to defer receipt of all such shares under DiamondRock’s deferred compensation plan.
DiamondRock Hospitality senior vice president and general counsel Anika Fischer reported a Form 4 transaction involving a tax-related share disposition. On common stock, she disposed of 2,177 shares at $10.04 per share on February 27, 2026, to cover tax withholding obligations, a non-market sale. After this transaction, she directly owns 34,073 shares of DiamondRock Hospitality common stock.
DiamondRock Hospitality director and CEO Jeffrey Donnelly reported two stock transactions. On February 27, 2026, he had a tax-withholding disposition of 70,426 common shares at $10.04 per share, leaving 602,468 shares directly owned. The same day, he received a grant/award acquisition of 70,724 common shares at no cost, increasing his direct holdings to 673,192 shares. A footnote explains these awarded shares were earned from previously granted performance stock units.
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.
DiamondRock Hospitality Company is a self-managed lodging REIT focused on owning, not operating, premium hotels and resorts in the U.S. As of December 31, 2025, it owned 35 hotels with 9,595 rooms across 26 markets, with over 97% of 2025 revenues from core urban and destination resort properties.
The company blends branded hotels under Marriott, Hilton and IHG with independent lifestyle properties, using active asset management, rebranding and renovations to drive returns. It emphasizes a conservative balance sheet; as of year-end 2025 all hotels were unencumbered, and outstanding debt consisted of unsecured term loans, about 70% at variable rates.
DiamondRock highlights significant risk factors, including lodging cyclicality, competition from alternative lodging and online intermediaries, elevated inflation and labor costs, climate and catastrophe exposure, cybersecurity, and dependence on third-party managers and franchise brands. It also stresses maintaining REIT status and notes new U.S. tax law changes affecting REITs. The firm is active in ESG reporting and ranked highly in 2025 GRESB hotel benchmarks.
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%.
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.