DiamondRock preliminary FY2022 comparable revenue up 56.3% YoY; owned revenue exceeds $1B

DiamondRock Hospitality Co

2022-FY EPS reported $0.47 revenue$1,001,503,000

Preliminary Q4 2022 comparable revenue up 23.4% vs 2021 and 8.5% vs 2019.
December 2022 comparable revenue up 10.5% vs 2021 and 10.7% vs 2019.
Full year 2022 comparable revenue up 56.3% vs 2021 and 6.2% vs 2019.
Total owned revenue exceeded $1 billion for first time in company history.
CEO notes room rates meaningfully exceeding pre-pandemic levels at both urban and resort properties.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

DiamondRock Hospitality Co reported preliminary financial results for quarter and year ended December 31, 2022.

Period: quarter and year ended December 31, 2022
Result: preliminary results

Exact text from the filing

preliminary financial information for the quarter and year ended December 31, 2022, including preliminary estimates of the Company’s revenues for the quarter and year ended December 31, 2022

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Source: SEC EDGAR

accession 0001298946-23-000003

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