DiamondRock Hospitality (DRH) Misses Q1 EPS by 54c

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Go back to DiamondRock Hospitality (DRH) Misses Q1 EPS by 54c

DiamondRock Hospitality Company Reports First Quarter Results

May 6, 2021 4:05 PM EDT

BETHESDA, Md., May 6, 2021 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH), a lodging-focused real estate investment trust that owns a portfolio of 30 premium hotels in the United States, today announced results of operations for the quarter ended March 31, 2021.

First Quarter 2021 Highlights:

Net Loss: Net loss was $171.6 million and loss per diluted share was $0.82. Comparable Revenues: Comparable total revenues decreased 57.1% from the comparable period of 2020. Comparable RevPAR: RevPAR decreased 54.4% from the comparable period of 2020. Hotel Adjusted EBITDA: Hotel Adjusted EBITDA was... More