DIAMONDROCK HOSPITALITY COMPANY REPORTS THIRD QUARTER 2026 RESULTS
DiamondRock reported Q3 2026 net income of $33.3 million ($0.16/diluted share), up 65.7%, with Adjusted FFO per share of $0.32 up 10.3% and comparable RevPAR up 6.6% to $226.01. The company raised full-year 2026 guidance for a second time: Adjusted EBITDA to $322-$327M (from $310-$320M) and Adjusted FFO per share to $1.24-$1.26 (from $1.18-$1.23), citing strong Q3 results and improved Q4 booking pace.
Key figures
- Eps
- 0.16
- Revenue
- 297605000
- Guidance
- FY2026: Comparable RevPAR growth raised to 4.75%-5.25% from 2.5%-4.0%; Adjusted EBITDA raised to $322.0-$327.0M from $310.0-$320.0M; Adjusted FFO per diluted share raised to $1.24-$1.26 from $1.18-$1.23
- Revenue Yoy
- 6.4%
- Total debt
- $1.1 billion
- Adjusted ebitda
- 84800000
- Comparable revpar
- $226.01
- Net debt to ebitda
- 3.0x
- Quarterly dividend
- $0.11/share, +22%
- Adjusted ebitda yoy
- 7.2%
- Bellmoor acquisition
- $31.0M at 8.6% cap rate, 10.4x Hotel Adjusted EBITDA
- Comparable revpar yoy
- 6.6%
- Hotel adjusted ebitda
- 91700000
- Adjusted ffo per share
- 0.32
- Adjusted ffo per share yoy
- 10.3%
- Hotel adjusted ebitda margin
- 30.81%
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