DiamondRock Hospitality (DRH) Misses Q4 EPS

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DiamondRock Hospitality Company Reports Fourth Quarter and Full Year 2020 Results

February 24, 2021 4:05 PM EST

BETHESDA, Md., Feb. 24, 2021 /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, 2020.

Fourth Quarter 2020 Highlights:

Net Loss: Net loss was $208.3 million and loss per diluted share was $1.04. Comparable Revenues: Comparable total revenues decreased 75.2% from the comparable period of 2019. Comparable RevPAR: RevPAR decreased 77.1% from the comparable period of 2019. Hotel Adjusted EBITDA: Hotel Adjusted... More