About DiamondRock Hospitality
DiamondRock Hospitality is a company based in Bethesda (United States) founded in 2004 by Mark Brugger.. The company has 34 employees as of December 31, 2024. DiamondRock Hospitality has completed 2 acquisitions, including Cavallo Point and Kimpton Hotel. DiamondRock Hospitality offers products and services including Premium Hotels, Resorts Portfolio, and Hotel Brands. DiamondRock Hospitality operates in a competitive market with competitors including Summit Hotel Properties, RLJ Lodging Trust, Chatham Lodging Trust, Ashford Trust and Host Hotels & Resorts, among others.
- Headquarter Bethesda, United States
- Employees 34 as on 31 Dec, 2024
- Founders Mark Brugger
- Stage Public
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Diamondrock Hospitality Company
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Annual Revenue
$1.13 B5.12as on Dec 31, 2024
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Net Profit
$48.05 M-44.35as on Dec 31, 2024
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EBITDA
$258.69 M-0.13as on Dec 31, 2024
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Latest Funding Round
$9.37 M (USD), Post-IPO
Dec 18, 2018
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Investors
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Employee Count
34
as on Dec 31, 2024
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Investments & Acquisitions
Cavallo Point
& 1 more
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IPO & Listings of DiamondRock Hospitality
DiamondRock Hospitality is a publicly listed company on the NYSE with ticker symbol DRH in USA, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of DiamondRock Hospitality
DiamondRock Hospitality offers a comprehensive portfolio of products and services, including Premium Hotels, Resorts Portfolio, and Hotel Brands. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Ownership and operation of luxury hotels for travelers
Management of destination resorts for leisure and business stays
Collection of branded properties under various operators
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Funding Insights of DiamondRock Hospitality
- Total Funding Total Funding
- Total Rounds 1
- Last Round Post-IPO — $9.4M
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First Round
First Round
(18 Dec 2018)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2018 | Amount | Post-IPO - DiamondRock Hospitality | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by DiamondRock Hospitality
DiamondRock Hospitality has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Cavallo Point and Kimpton Hotel. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Hotels and resorts are operated in the hospitality sector.
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2016 | ||||
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Standalone hotel is operated in Sausalito, United States.
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1886 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - DiamondRock Hospitality
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Diamondrock Hospitality Comparisons
Competitors of DiamondRock Hospitality
DiamondRock Hospitality operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Summit Hotel Properties, RLJ Lodging Trust, Chatham Lodging Trust, Ashford Trust and Host Hotels & Resorts, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Hotel properties are invested in by this equity REIT.
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| domain | founded_year | HQ Location |
Equity REIT that invests in Hotel properties
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| domain | founded_year | HQ Location |
Hotel properties are acquired and managed by this equity REIT.
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| domain | founded_year | HQ Location |
Investments are made across all hospitality industry segments.
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| domain | founded_year | HQ Location |
Equity REIT investing in hotel properties
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Diamondrock Hospitality
Frequently Asked Questions about DiamondRock Hospitality
When was DiamondRock Hospitality founded?
DiamondRock Hospitality was founded in 2004 and raised its 1st funding round 14 years after it was founded.
Where is DiamondRock Hospitality located?
DiamondRock Hospitality is headquartered in Bethesda, United States. It is registered at Bethesda, Maryland, United States.
Who is the current CEO of DiamondRock Hospitality?
Mark Brugger is the current CEO of DiamondRock Hospitality. They have also founded this company.
How many employees does DiamondRock Hospitality have?
As of Dec 31, 2024, the latest employee count at DiamondRock Hospitality is 34.
What is the annual revenue of DiamondRock Hospitality?
Annual revenue of DiamondRock Hospitality is $1.13B as on Dec 31, 2024.
What does DiamondRock Hospitality do?
DiamondRock Hospitality was founded in 2004 and functions as a self-advised real estate investment trust in the hospitality sector. Multiple hotels and resorts are owned and operated across North America and the U.S. Virgin Islands. Travel and hospitality services are delivered through these properties, with headquarters located in Bethesda, United States. Investments focus on high-quality assets to support lodging operations.
Who are the top competitors of DiamondRock Hospitality?
DiamondRock Hospitality's top competitors include RLJ Lodging Trust, Summit Hotel Properties and Ashford Trust.
What products or services does DiamondRock Hospitality offer?
DiamondRock Hospitality offers Premium Hotels, Resorts Portfolio, and Hotel Brands.
Is DiamondRock Hospitality publicly traded?
Yes, DiamondRock Hospitality is publicly traded on NYSE under the ticker symbol DRH.
How many acquisitions has DiamondRock Hospitality made?
DiamondRock Hospitality has made 2 acquisitions, including Cavallo Point, and Kimpton Hotel.
What is DiamondRock Hospitality's ticker symbol?
The ticker symbol of DiamondRock Hospitality is DRH on NYSE.