# DiamondRock Hospitality Co

Summary updated: 2026-10-02T12:12:05.762245Z
Canonical: https://finbar.com/research/companies/diamondrock-hospitality-co

## Overview

DiamondRock Hospitality Co. is a self-managed, self-administered lodging-focused real estate investment trust (REIT) that owns premium hotels and resorts in the United States. It is primarily a hotel owner rather than an operator: independent management companies and hotel brands run its properties. Its portfolio includes independently operated hotels as well as properties affiliated with Marriott, Hilton and IHG. [1](https://app.finbar.com/go?id=P58434387)[2](https://app.finbar.com/go?id=P76588160)

At year-end 2025, DiamondRock owned 35 hotels with 9,595 rooms across 26 U.S. markets. It reported 2025 revenue of approximately $1.12 billion and 35 full-time employees; the employee figure excludes hotel staff employed by third-party operators. [1](https://app.finbar.com/go?id=P58434387)[3](https://app.finbar.com/go?id=T3569205)[4](https://drhc.com/pdfs/DRH-AR-2025.pdf) The company’s stated vision is “to be the premier allocator of capital in the lodging industry.” [5](https://drhc.com/overview.php)
[1](https://app.finbar.com/go?id=P58434387)[2](https://app.finbar.com/go?id=P76588160)[3](https://app.finbar.com/go?id=T3569205)[4](https://drhc.com/pdfs/DRH-AR-2025.pdf)[5](https://drhc.com/overview.php)[4](https://drhc.com/pdfs/DRH-AR-2025.pdf)[5](https://drhc.com/overview.php)

## Products & services

DiamondRock’s customer-facing products are hotel and resort stays, food and beverage, and additional property-level services. Its properties span branded hotels and destination resorts; the portfolio includes examples such as Lake Austin Spa Resort, Cavallo Point, Henderson Beach Resort, and Bourbon Orleans Hotel. [6](https://app.finbar.com/go?id=T3218083) Rooms-related services include front-desk operations, housekeeping, room supplies, and laundry. [7](https://app.finbar.com/go?id=P145036705)

Property-specific offerings illustrate the range of services: Bourbon Orleans Hotel lists Roux On New Orleans, Bourbon “O” Bar, Touchdown Jesus Sports Bar, and The Baxter, Pool & Lobby Bar. [8](https://www.bourbonorleans.com/our-story/hotel-amenities/) Lake Austin Spa Resort offers spa treatments and lake activities including boating, kayaking, paddleboarding, and cruises. [9](https://www.lakeaustin.com/spa/services/)[10](https://www.lakeaustin.com/experience/lake-life/) Cavallo Point provides meeting and event facilities with 14,000 square feet of indoor and 12,500 square feet of outdoor space. [11](https://www.cavallopoint.com/gatherings/meetings-events/venues/) Henderson Beach Resort lists spa services and beach amenities, as well as complimentary bike, kayak, and paddleboard rentals. [12](https://www.hendersonbeachresort.com/spa/)[13](https://www.hendersonbeachresort.com/things-to-do/activities/)

For the six months ended June 30, 2026, reported revenue comprised rooms of $371.754 million (64.5% of total), food and beverage of $147.946 million (25.7%), and other of $56.748 million (9.8%), against total revenue of $576.448 million. The percentages are calculated from the reported amounts; the filing does not further disaggregate the “other” category in this table. [14](https://app.finbar.com/go?id=P145036490)[7](https://app.finbar.com/go?id=P145036705)
[6](https://app.finbar.com/go?id=T3218083)[7](https://app.finbar.com/go?id=P145036705)[14](https://app.finbar.com/go?id=P145036490)[14](https://app.finbar.com/go?id=P145036490)[14](https://app.finbar.com/go?id=P145036490)[14](https://app.finbar.com/go?id=P145036490)[8](https://www.bourbonorleans.com/our-story/hotel-amenities/)[9](https://www.lakeaustin.com/spa/services/)[10](https://www.lakeaustin.com/experience/lake-life/)[11](https://www.cavallopoint.com/gatherings/meetings-events/venues/)[12](https://www.hendersonbeachresort.com/spa/)[13](https://www.hendersonbeachresort.com/things-to-do/activities/)

## Geographic presence

As of the 2026 second-quarter filing, DiamondRock Hospitality Co. reported 34 hotels with 9,400 rooms across 16 U.S. states: Arizona, California, Colorado, Florida, Georgia, Illinois, Louisiana, Maryland, Massachusetts, Minnesota, Montana, New York, South Carolina, Texas, Utah, and Vermont. Its properties include urban markets such as Chicago, Boston, and New York City, as well as resort and leisure destinations including Vail, Key West, Sedona, and Lake Tahoe. [15](https://app.finbar.com/go?id=P145036536)[16](https://app.finbar.com/go?id=T16585608)

The company reports hotel ownership as a single operating segment and does not provide a geographic revenue breakdown or employee distribution by location in the reviewed filing. Its principal executive offices are in Bethesda, Maryland. [17](https://app.finbar.com/go?id=P145036647)[18](https://app.finbar.com/go?id=T16585579)
[15](https://app.finbar.com/go?id=P145036536)[16](https://app.finbar.com/go?id=T16585608)[17](https://app.finbar.com/go?id=P145036647)[18](https://app.finbar.com/go?id=T16585579)

## Business segments

DiamondRock Hospitality reports one operating segment: hotel ownership. It comprises primarily upper-upscale and luxury hotels, with revenue from rooms, food and beverage, and ancillary guest services; the company does not report these activities as separate segments. [19](https://app.finbar.com/go?id=P111064582)[17](https://app.finbar.com/go?id=P145036647)

Hotel ownership represents 100% of the company’s consolidated revenue. In fiscal 2025, the segment generated $1,120.5 million, equal to consolidated revenue. [20](https://app.finbar.com/go?id=T10697879)
[19](https://app.finbar.com/go?id=P111064582)[17](https://app.finbar.com/go?id=P145036647)[20](https://app.finbar.com/go?id=T10697879)[20](https://app.finbar.com/go?id=T10697879)

## Company history

DiamondRock Hospitality commenced operations in July 2004, with William W. McCarten and Mark W. Brugger among its founders. It completed its initial public offering on June 1, 2005, and expanded its hotel portfolio with the 2007 purchase of the Westin Boston Waterfront. [21](https://app.finbar.com/go?id=P190570908)[22](https://drhc.com/pdfs/DRH-Proxy-2024.pdf)[23](https://www.goodwinlaw.com/en/news-and-events/news/2005/06/diamondrock-closes-initial-public-offering-of-common-stock)[24](https://investor.drhc.com/news-releases/news-release-details/diamondrock-announces-it-has-purchased-westin-boston-waterfront)

The company later reshaped its portfolio through property sales and acquisitions. In 2021, it sold Frenchman’s Reef & Morning Star Marriott Beach Resort and the Lexington Hotel in New York, while acquiring Bourbon Orleans Hotel and Henderson Park Inn. It added Chico Hot Springs Resort in 2023 and the AC Hotel Minneapolis Downtown in 2024. [25](https://investor.drhc.com/news-releases/news-release-details/diamondrock-hospitality-company-and-fortress-investment-group)[26](https://investor.drhc.com/news-releases/news-release-details/diamondrock-announces-two-acquisitions-1086-million)[27](https://www.prnewswire.com/news-releases/diamondrock-hospitality-company-completes-disposition-of-the-725-room-lexington-hotel-in-new-york-city-301324656.html)[28](https://investor.drhc.com/news-releases/news-release-details/diamondrock-acquires-chico-hot-springs-resort)[29](https://www.sec.gov/Archives/edgar/data/1298946/000129894624000110/acminneapolisacquisition.htm)

In April 2024, Jeffrey Donnelly became CEO, succeeding co-founder Mark Brugger. DiamondRock transferred its common-stock listing from the NYSE to Nasdaq in December 2025; in May 2026, it completed the sale of its leasehold interest in the Courtyard by Marriott New York Manhattan/Fifth Avenue. [30](https://www.prnewswire.com/news-releases/diamondrock-hospitality-company-implements-leadership-changes-and-simplified-organizational-structure-302116675.html)[31](https://www.sec.gov/Archives/edgar/data/1298946/000129894625000089/drh-20251112.htm)[32](https://www.sec.gov/Archives/edgar/data/1298946/000129894626000030/exhibit9915126.htm)
[21](https://app.finbar.com/go?id=P190570908)[22](https://drhc.com/pdfs/DRH-Proxy-2024.pdf)[23](https://www.goodwinlaw.com/en/news-and-events/news/2005/06/diamondrock-closes-initial-public-offering-of-common-stock)[24](https://investor.drhc.com/news-releases/news-release-details/diamondrock-announces-it-has-purchased-westin-boston-waterfront)[25](https://investor.drhc.com/news-releases/news-release-details/diamondrock-hospitality-company-and-fortress-investment-group)[26](https://investor.drhc.com/news-releases/news-release-details/diamondrock-announces-two-acquisitions-1086-million)[27](https://www.prnewswire.com/news-releases/diamondrock-hospitality-company-completes-disposition-of-the-725-room-lexington-hotel-in-new-york-city-301324656.html)[28](https://investor.drhc.com/news-releases/news-release-details/diamondrock-acquires-chico-hot-springs-resort)[29](https://www.sec.gov/Archives/edgar/data/1298946/000129894624000110/acminneapolisacquisition.htm)[30](https://www.prnewswire.com/news-releases/diamondrock-hospitality-company-implements-leadership-changes-and-simplified-organizational-structure-302116675.html)[31](https://www.sec.gov/Archives/edgar/data/1298946/000129894625000089/drh-20251112.htm)[32](https://www.sec.gov/Archives/edgar/data/1298946/000129894626000030/exhibit9915126.htm)[22](https://drhc.com/pdfs/DRH-Proxy-2024.pdf)[23](https://www.goodwinlaw.com/en/news-and-events/news/2005/06/diamondrock-closes-initial-public-offering-of-common-stock)[24](https://investor.drhc.com/news-releases/news-release-details/diamondrock-announces-it-has-purchased-westin-boston-waterfront)[25](https://investor.drhc.com/news-releases/news-release-details/diamondrock-hospitality-company-and-fortress-investment-group)[26](https://investor.drhc.com/news-releases/news-release-details/diamondrock-announces-two-acquisitions-1086-million)[27](https://www.prnewswire.com/news-releases/diamondrock-hospitality-company-completes-disposition-of-the-725-room-lexington-hotel-in-new-york-city-301324656.html)[28](https://investor.drhc.com/news-releases/news-release-details/diamondrock-acquires-chico-hot-springs-resort)[29](https://www.sec.gov/Archives/edgar/data/1298946/000129894624000110/acminneapolisacquisition.htm)[30](https://www.prnewswire.com/news-releases/diamondrock-hospitality-company-implements-leadership-changes-and-simplified-organizational-structure-302116675.html)[31](https://www.sec.gov/Archives/edgar/data/1298946/000129894625000089/drh-20251112.htm)[32](https://www.sec.gov/Archives/edgar/data/1298946/000129894626000030/exhibit9915126.htm)

## Sources

1. [DiamondRock Hospitality Co — Full financial report (2025 Y)](https://app.finbar.com/go?id=P58434387)
2. [DiamondRock Hospitality Co — Full financial report (2025 Y)](https://app.finbar.com/go?id=P76588160)
3. [DiamondRock Hospitality Co — Full financial report (2025 Y)](https://app.finbar.com/go?id=T3569205)
4. [drhc.com](https://drhc.com/pdfs/DRH-AR-2025.pdf)
5. [drhc.com](https://drhc.com/overview.php)
6. [DiamondRock Hospitality Co — Full financial report (2025 Y)](https://app.finbar.com/go?id=T3218083)
7. [DiamondRock Hospitality Co — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=P145036705)
8. [www.bourbonorleans.com](https://www.bourbonorleans.com/our-story/hotel-amenities/)
9. [www.lakeaustin.com](https://www.lakeaustin.com/spa/services/)
10. [www.lakeaustin.com](https://www.lakeaustin.com/experience/lake-life/)
11. [www.cavallopoint.com](https://www.cavallopoint.com/gatherings/meetings-events/venues/)
12. [www.hendersonbeachresort.com](https://www.hendersonbeachresort.com/spa/)
13. [www.hendersonbeachresort.com](https://www.hendersonbeachresort.com/things-to-do/activities/)
14. [DiamondRock Hospitality Co — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=P145036490)
15. [DiamondRock Hospitality Co — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=P145036536)
16. [DiamondRock Hospitality Co — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=T16585608)
17. [DiamondRock Hospitality Co — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=P145036647)
18. [DiamondRock Hospitality Co — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=T16585579)
19. [DiamondRock Hospitality Co — Full financial report (2025 Y)](https://app.finbar.com/go?id=P111064582)
20. [DiamondRock Hospitality Co — Full financial report (2025 Y)](https://app.finbar.com/go?id=T10697879)
21. [DiamondRock Hospitality Co — Full financial report (2015 Y)](https://app.finbar.com/go?id=P190570908)
22. [drhc.com](https://drhc.com/pdfs/DRH-Proxy-2024.pdf)
23. [www.goodwinlaw.com](https://www.goodwinlaw.com/en/news-and-events/news/2005/06/diamondrock-closes-initial-public-offering-of-common-stock)
24. [investor.drhc.com](https://investor.drhc.com/news-releases/news-release-details/diamondrock-announces-it-has-purchased-westin-boston-waterfront)
25. [investor.drhc.com](https://investor.drhc.com/news-releases/news-release-details/diamondrock-hospitality-company-and-fortress-investment-group)
26. [investor.drhc.com](https://investor.drhc.com/news-releases/news-release-details/diamondrock-announces-two-acquisitions-1086-million)
27. [www.prnewswire.com](https://www.prnewswire.com/news-releases/diamondrock-hospitality-company-completes-disposition-of-the-725-room-lexington-hotel-in-new-york-city-301324656.html)
28. [investor.drhc.com](https://investor.drhc.com/news-releases/news-release-details/diamondrock-acquires-chico-hot-springs-resort)
29. [www.sec.gov](https://www.sec.gov/Archives/edgar/data/1298946/000129894624000110/acminneapolisacquisition.htm)
30. [www.prnewswire.com](https://www.prnewswire.com/news-releases/diamondrock-hospitality-company-implements-leadership-changes-and-simplified-organizational-structure-302116675.html)
31. [www.sec.gov](https://www.sec.gov/Archives/edgar/data/1298946/000129894625000089/drh-20251112.htm)
32. [www.sec.gov](https://www.sec.gov/Archives/edgar/data/1298946/000129894626000030/exhibit9915126.htm)

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