DiamondRock Hospitality (DRH) Tops Q3 EPS by 3c

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DiamondRock Hospitality Company Reports Third Quarter 2019 Results

November 8, 2019 7:30 AM EST

BETHESDA, Md., Nov. 8, 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 ended September 30, 2019.

Third Quarter 2019 Highlights

Net Income: Net income was $11.6 million and earnings per diluted share was $0.06 Comparable Revenues: Comparable total revenues increased 3.2% from the comparable period of 2018. Comparable RevPAR: RevPAR was $196.95, a 1.6% increase from the comparable period of 2018 despite disruption from Hurricane Dorian (40 basis... More