DiamondRock Hospitality Q3 RevPAR up 8.7% vs 2019; September RevPAR up 9.8%

DiamondRock Hospitality Co

2022-Q3 EPS reported $0.39 revenue$746,448,000

September RevPAR grew 43.5% vs 2021 and 9.8% vs 2019; comparable total revenues $93.4M, +12.5% vs 2019.
Q3 2022 RevPAR increased 8.7% and total revenues rose 11.7% compared to Q3 2019.
Company recently closed a $1.2B bank facility to enhance balance sheet strength.
Portfolio includes 34 premium hotels with over 9,500 rooms, concentrated in leisure destinations and gateway markets.

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