SectorHotel and Resort REIT
Established Date--
Listing Date01/12/2025
ExchangeNASDAQ Stock Exchange
Full-time Employees35
Fiscal Year Ends31/12
Security TypeCommon stock
Office address7373 Wisconsin Avenue, Suite 1900, Bethesda, Maryland, 20814
Business
IntroductionDiamondRock Hospitality Company is a self-managed Caretrust Reit focused on the lodging industry, with a portfolio of high-end hotels and resorts. The company acts as the owner, not the operator, of its hotel portfolio. As the owner, the company can obtain all the operating profit or loss generated by the hotel after paying the management fee based on the hotel's revenue and profitability (and in some cases, based on the hotel's brand reputation) to the hotel manager.