Earnings Releases·Nov 3, 2026, 4:07 PM ET

DiamondRock Hospitality Company — Third Quarter 2026 Earnings Summary

Net income attributable to common stockholders rose 65.7% year-over-year to $33.3 million ($0.16 per share), while Adjusted EBITDA increased 7.2% to $84.8 million and total revenues grew 6.4% to $297.6 million.
The Company raised full-year 2026 guidance across all key metrics, including Adjusted EBITDA ($322.0M–$327.0M) and Adjusted FFO per share ($1.24–$1.26), driven by strong Q3 performance and improved Q4 booking pace.
Strategic capital deployment included the October 1, 2026, acquisition of The Bellmoor Inn & Spa for $31.0 million (8.6% cap rate) and a 22% dividend increase to $0.11 per share, alongside $1.9 million in share repurchases during the first nine months.
Comparable hotel Adjusted EBITDA grew 12.5% with a 30.81% margin, supported by a 6.6% increase in Comparable RevPAR, while the company maintains a conservative balance sheet with $1.1 billion in debt and $400 million of available credit capacity.