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3/26/12Diamondrock Closes Sale of Three Hotel Portfolio (Phil’s Stock World)

Courtesy of Benzinga.  DiamondRock Hospitality Company (NYSE: DRH) today announced that it has completed the previously disclosed sale of a 3-hotel portfolio consisting of the 409-room Griffin Gate Marriott Resort & Spa in Lexington, Kentucky; the 521-room Renaissance Waverly in Atlanta, Georgia; and [...]

10/20/10Citigroup Maintains DiamondRock Hospitality Buy Rating (Benzinga)

DiamondRock Hospitality Company's (NYSE: DRH) F3Q report and F4Q outlook were in-line with Street expectations, as well as its own, Citigroup reports. “Two company-specific issues were a drag on F3Q growth and should not persist – difficult group comparison at Westin Boston (~15-20% EBITDA) and a shift in timing of Rosh Hashanah to F3Q from F4Q last year,” Citigroup writes. “Performance at recently acquired hotels has been strong (Minneapolis, Charleston).” Citigroup maintains...

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