DiamondRock Hospitality Revises 2025 Revenue Projections

Published 15 hours agoDRH

DiamondRock Hospitality Revises 2025 Revenue Projections

DiamondRock Hospitality Company has adjusted its 2025 financial outlook, specifically revising its guided Revenue per Available Room (RevPAR) growth. The company now projects RevPAR to vary between a 1% decrease and a 1% increase, a shift from earlier expectations of 1% to 3% growth.

Supporting this updated forecast, DiamondRock estimates its Adjusted EBITDA to be between $275 million and $300 million, while Adjusted Funds from Operations (FFO) are predicted to range from $199 million to $224 million, which translates to $0.94 to $1.06 per share. Part of the company’s strategy involves selling non-core hotels to reinvest in higher-return opportunities, aiming to bolster earnings per share. Additionally, the company forecasts stronger travel demand for 2025, planning to enhance group demand and operational effectiveness in urban areas.

As part of its fiscal strategy, DiamondRock has declared a $0.08 per share quarterly cash dividend for the first quarter of 2025. According to Reuters, the hotel company emphasizes these measures are designed to better align with current market conditions and enhance overall portfolio performance.

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