Diamond Rock Hospitality
Real Estate, 95 Sawyer Rd, Bethesda, Maryland, 02453, United States, 11-50 Employees
Phone Number: +12*********
Who is DIAMONDROCK HOSPITALITY
DiamondRock Hospitality Company is a self-advised real estate investment trust (REIT) that owns a portfolio of 35 premium destination resorts and urban hotels in the U.S. containing over ...
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Headquarters: 95 Sawyer Rd, Bethesda, Maryland, 02453, United States
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Date Founded: 2004
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Employees: 11-50
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Revenue: $250 Million to $500 Million
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Active Tech Stack: See technologies
Industry: Real Estate
SIC Code: 7372
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NAICS Code: 531210 |
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Frequently Asked Questions Regarding DiamondRock Hospitality
Answer: DiamondRock Hospitality's headquarters are located at 95 Sawyer Rd, Bethesda, Maryland, 02453, United States
Answer: DiamondRock Hospitality's phone number is +12*********
Answer: DiamondRock Hospitality's official website is https://drhc.com
Answer: DiamondRock Hospitality's revenue is $250 Million to $500 Million
Answer: DiamondRock Hospitality's SIC: 7372
Answer: DiamondRock Hospitality's NAICS: 531210
Answer: DiamondRock Hospitality has 11-50 employees
Answer: DiamondRock Hospitality is in Real Estate
Answer: DiamondRock Hospitality contact info: Phone number: +12********* Website: https://drhc.com
Answer: DiamondRock Hospitality Company is a self-advised real estate investment trust (REIT) that owns a portfolio of 35 premium destination resorts and urban hotels in the U.S. containing over 9,600 rooms. Our goal is to be provide above-average, long-term total shareholder returns through a combination of dividends and capital appreciation. We strive to create significant long-term shareholder value by executing on three strategic principles: 1. Prudently allocating capital to hospitality investments with superior, risk-adjusted growth prospects. 2. Employing rigorous and innovative approaches to asset management that drive meaningful upside to underlying performance and maximize asset value. 3. Preserving a balance sheet that promotes strategic and financial flexibility, sustainable dividends and strong shareholder returns. Since 2010, we have repositioned our portfolio through the acquisition of nearly $3 billion of urban and resort hotels that align with our strategic goals while disposing of more than $1 billion in non-core hotels. These acquisitions have increase our exposure to unique destination markets such as Sedona, Lake Tahoe, Sonoma, Key West, and Charleston. Today, over 60% of our hotels are leisure-focused destination resorts and urban lifestyle hotels and nearly 95% are independently managed. DiamondRock is proud to named Global Listed Sector Leader by the Global Real Estate Sustainability Benchmark ("GRESB"), achieving the top position in the Hotel Sector for the second consecutive year, for its outstanding corporate responsibility program.
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