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Topic - DiamondRock Hospitality Results








DiamondRock Hospitality Results

DiamondRock Hospitality Company Reports Fourth Quarter And Full Year 2016 Results

2016 Operating Highlights - Net Income: Net income was $114.8 million and earnings per diluted share was $0.57. Comparable RevPAR: RevPAR was $179.69, a 0.2% decrease from 2015. Comparable Hotel Adjusted EBITDA Margin: Hotel Adjusted EBITDA margin was 31.81%, an increase of 15 basis points from 2015.


DiamondRock Hospitality Results

DiamondRock Hospitality Company Reports Third Quarter 2016 Results

Adjusted EBITDA was $65.6 million, a decrease of $3.7 million or 5.3% from 2015. Adjusted EBITDA for the comparable period of 2015 included $6.8 million of Adjusted EBITDA from the three non-core hotels that were sold in 2016.