DiamondRock Hospitality

United States
Sellersburg, Indiana, United States, 20817

Company profile

DiamondRock Hospitality company profile

DiamondRock Hospitality, is a lodging-focused Maryland corporation operating as a real estate investment trust (REIT). It owns a portfolio of 27 premium hotels and resorts that contain 11,590 guest rooms. It also holds the senior note on a mortgage loan secured by an additional hotel and has the right to acquire, upon completion, a hotel under development. Its portfolio is concentrated in key gateway cities and destination resorts. Each of its hotels is managed by a third party and are operated under a brand owned by one of the global lodging brand companies (Marriott International, Inc. (Marriott), Starwood Hotels & Resorts Worldwide, Inc. (Starwood) or Hilton Worldwide (Hilton)). In November 2013, the Company sold the Torrance Marriott South Bay. In April 2014, DiamondRock Hospitality Co sold its Oak Brook Hills Resort which is located in suburb of Chicago.

Business identity

Contact email
[email protected]
Phone number
+1 240 215 2053
Operating status
Active
Company type
For Profit
Employee range
11-50 employees
Revenue range
$10M-$100M
Founded
1927-01-01, Year

Headquarters

Postal code
20817
Country code
US
Continent
North America

Capital profile

Funding and company signals

Funding stage
IPO
Funding rounds
1
Last funding
Post IPO Debt / $1.5B / 2022-09-28
Founders
1
Articles
63
Exited on
2005-05-26

Founders and investors

Founders

Mark W. Brugger