DiamondRock Hospitality (DRH) Tops Q4 FFO by 1c
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DiamondRock Hospitality Company Reports Fourth Quarter And Full Year 2015 Results
February 23, 2016 8:01 AM ESTBETHESDA, Md., Feb. 23, 2016 /PRNewswire/ --Â 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 and year ended December 31, 2015.
2015 Operating Highlights
Pro Forma RevPAR: Pro Forma RevPAR was $170.87, an increase of 4.7% from the comparable period of 2014. Pro Forma Hotel Adjusted EBITDA Margin: Pro Forma Hotel Adjusted EBITDA margin was 31.02%, an increase of 113 basis points from 2014. Pro Forma Hotel Adjusted EBITDA:... More