DiamondRock Hospitality Company Reports First Quarter Results

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DiamondRock Hospitality (DRH) Reports Q1 FFO of $0.04

May 11, 2020 4:13 PM EDT

DiamondRock Hospitality (NYSE: DRH) reported Q1 FFO of $0.04, versus $0.21 reported last year. Revenue for the quarter came in at $170 million versus the consensus estimate of $180.38 million.

Guidance

Given the high level of uncertainty surrounding the COVID-19 pandemic and its effect on hotel demand, the Company... More