DiamondRock Hospitality (DRH) Tops Q4 EPS by 1c

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Go back to DiamondRock Hospitality (DRH) Tops Q4 EPS by 1c

DiamondRock Hospitality Company Reports Fourth Quarter And Full Year 2018 Results

February 25, 2019 4:15 PM EST

BETHESDA, Md., Feb. 25, 2019 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH), a lodging-focused real estate investment trust that owns a portfolio of 31 premium hotels in the United States, today announced results of operations for the quarter and year ended December 31, 2018.

Fourth Quarter 2018 Highlights

Net Income: Net income was $24.0 million and earnings per diluted share was $0.12. Comparable RevPAR: RevPAR was $188.55, a 1.9% increase from the comparable period of 2017. Comparable Hotel Adjusted EBITDA Margin: Hotel Adjusted EBITDA margin was 30.23%, a 92 basis... More