DiamondRock Q2 FY26 net income more than doubled to $90.5 million; revenue rises 4.1% to $318.3 million
Reuters2026/07/30 20:50Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- DiamondRock Hospitality swung to Q2 net income attributable to common stockholders of $90.5 million; GAAP EPS more than doubled to $0.44.
- Revenue rose 4.1% to $318.3 million; comparable RevPAR increased 7% to $240.79.
- Adjusted EBITDA climbed 19.2% to $107.9 million; comparable hotel adjusted EBITDA margin widened 4.57 percentage points to 35.76%.
- Sold Courtyard New York Manhattan/Fifth Avenue for $33 million; declared a quarterly common dividend of $0.11 per share, up 22%.
- Raised 2026 outlook, forecasting adjusted EBITDA of $310 million-$320 million and adjusted FFO per share of $1.18-$1.23.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. DiamondRock Hospitality Company published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001298946-26-000035), on July 30, 2026, and is solely responsible for the information contained therein.
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