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DiamondRock Hospitality Company

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DiamondRock Hospitality Company is a U.S. lodging-focused real estate investment trust that owns a portfolio of hotels and resorts.

Last updated October 14, 2026

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Overview

DiamondRock Hospitality Company is a publicly traded lodging real estate investment trust (REIT) headquartered in Bethesda, Maryland. Founded in 2004, it invests primarily in hotels and resorts in the United States. Its business is based on owning hospitality real estate and seeking returns from the properties, rather than operating a consumer-facing hotel chain under one DiamondRock guest brand. The company’s portfolio has included upscale and luxury properties in urban, resort, and other travel destinations. Many properties are affiliated with established hotel flags, including brands operated by major lodging groups. This makes DiamondRock a hotel owner and real estate portfolio company, while hotel brands and third-party operators handle much of the customer-facing identity and day-to-day hospitality operations. Property composition and affiliations can change over time, so individual hotel names and flags should be checked against the company’s current portfolio disclosures. DiamondRock is classified as an equity REIT: its core commercial role is to own income-producing real estate in the lodging sector. It is listed on the New York Stock Exchange under the ticker DRH and is owned by public shareholders. It does not have a parent company. Its market positioning is that of a lodging-focused property owner with a portfolio spanning different locations and travel demand types, rather than a hotel franchisor or a single-chain operator.

History

DiamondRock Hospitality Company was established in 2004 as a lodging-focused real estate investment company. Its formation reflected an investment model centered on owning hotel real estate, rather than building a single hotel operating brand. The company subsequently became a publicly traded REIT, giving investors a way to participate in a portfolio of lodging properties through shares in the company. As it developed, DiamondRock assembled a portfolio of hotels and resorts across U.S. markets. Its properties have been associated with established hotel brands and lodging operators. This structure separates the company’s principal role as property owner and investor from the guest-facing work of marketing hotel stays and managing daily operations, which is generally carried out under property-specific brand affiliations and operating arrangements. A portfolio of locations and property types can provide exposure to a range of travel patterns, including urban and resort demand. DiamondRock is listed on the New York Stock Exchange under ticker DRH and operates as an equity REIT. Its public-company structure means ownership is distributed among shareholders, and its real estate portfolio and corporate performance are reported through public-company disclosures. The company remains focused on hotel and resort real estate in the United States. Specific properties, brand affiliations, management contracts, and portfolio strategies may evolve; current details should be confirmed against its investor materials and portfolio pages.

  • 2004

    Company founded

  • Became publicly traded

Products and positioning

A publicly traded, lodging-focused equity REIT and hotel-property owner, rather than a consumer hotel chain or hotel brand franchisor.

  • Hotel and resort real estate portfolio

    Ownership and investment in lodging properties, including hotels and resorts.

Recent events

  • Unconfirmed

    Reported

    DiamondRock Hospitality Company acquires The Bellmoor Inn & Spa[2]

    TradingView reported that DiamondRock Hospitality Company (DRH) acquired The Bellmoor Inn & Spa.

  • Reported

    DiamondRock announces third-quarter 2021 earnings release schedule[3]

    DiamondRock Hospitality Company announced that it would report third-quarter 2021 financial results on November 4, 2021, and hold an investor conference call the following day.

  • Reported

    DiamondRock announces Michael A. Hartmeier’s board appointment[4]

    DiamondRock Hospitality Company announced that Michael A. Hartmeier would join its Board of Directors effective October 1, 2020.

  • Reported

    DiamondRock prices preferred stock offering[5]

    DiamondRock Hospitality Company announced that it had priced an underwritten public offering of 4,400,000 shares of its 8.250% Series A Cumulative Redeemable Preferred Stock. The company said the offering was expected to close on August 31, 2020, subject to customary conditions.

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