DiamondRock Hospitality (DRH) Tops Q3 EPS by 2c
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DiamondRock Hospitality Company Reports Third Quarter 2018 Results
November 5, 2018 5:00 PM ESTBETHESDA, Md., Nov. 5, 2018 /PRNewswire/ --Â 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 September 30, 2018.
Third Quarter 2018 Highlights
Net Income: Net income was $31.4 million and earnings per diluted share was $0.15. Comparable RevPAR: RevPAR was $192.07, a 0.7% decrease from the comparable period of 2017. Comparable Hotel Adjusted EBITDA Margin: Hotel Adjusted EBITDA margin was 31.51%, a 4 basis point contraction from the comparable... More