DiamondRock Hospitality (DRH) Misses Q3 FFO by 1c

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DiamondRock Hospitality Company Reports Third Quarter 2015 Results

November 5, 2015 4:07 PM EST

BETHESDA, Md., Nov. 5, 2015 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH), a lodging-focused real estate investment trust that owns a portfolio of 29 premium hotels in the United States, today announced results of operations for the quarter ended September 30, 2015.

Third Quarter 2015 Highlights

Pro Forma RevPAR: Pro Forma RevPAR was $176.92, an increase of 2.2% from the comparable period of 2014. Pro Forma Hotel Adjusted EBITDA Margin: Pro Forma Hotel Adjusted EBITDA margin was 31.49%, an increase of 39 basis points from 2014. Pro Forma Hotel Adjusted EBITDA: Pro... More