Friday, June 19, 2015

DiamondRock Hospitality: A Lodging-focused Venture

DiamondRock Hospitality is a Bethesda, Maryland-based company that operates as a real estate investment trust. The company is a lodging-focused venture that owns and operates premium hotels and resorts across North America and the U.S. Virgin Islands.

Considered as one of the most successful ventures in the lodging industry, DiamondRock continues to own and operate 28 properties that are marketed under renowned names like Marriott, Starwood ad Hilton. In total, these properties carry more than 10,700 rooms. These properties feature state of the art facilities and are manned by their world class staff. These hotels are also located in key gateway cities and in destination resort locations.

Operating as a real estate investment trust, the company conducts its trade through its operating partners, DiamondRock Hospitality Limited Partnership and its subsidiaries. The company continues to publicly trade its common stocks on the New York Stock Exchange. Its shares are marketed using the ticker symbol DRH.

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