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Nomura Asset Management Co Ltd Trims Stock Holdings in DiamondRock Hospitality (NYSE:DRH)

Nomura Asset Management Co. Ltd. trimmed its holdings in DiamondRock Hospitality (NYSE:DRH – Free Report) by 2.8% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 241,000 shares of the real estate investment trust’s stock after selling 6,836 shares during the period. Nomura Asset Management Co. Ltd.’s holdings in DiamondRock Hospitality were worth $2,263,000 […]

DIAMONDROCK HOSPITALITY ANNOUNCES SECOND QUARTER 2024 EARNINGS RELEASE AND CONFERENCE CALL

BETHESDA, Md., May 29, 2024 /PRNewswire/ DiamondRock Hospitality Company will report financial results for the second quarter 2024 after the market closes on Thursday, August 1, 2024. A.

DiamondRock Hospitality (NYSE:DRH) Receives Consensus Recommendation of Hold from Brokerages

DiamondRock Hospitality (NYSE:DRH – Get Free Report) has been assigned an average rating of “Hold” from the five ratings firms that are presently covering the firm, MarketBeat reports. Three analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 1 year price objective among […]

CBRE Expects 1% a Year Hotel Supply Growth Through 2027

In the shorter term, CBRE expects a 2% RevPAR growth in 2024, driven by international tourism and limited supply, despite a weaker first quarter and a reduced forecast from 3%.

Anika Fischer joined DiamondRock Hospitality Company as Senior Vice President and General Counsel

Anika Fischer will join the Company as Senior Vice President and General Counsel on June 3, 2024. Ms. Fischer, age 35, will report directly to Jeffrey J. Donnelly, the Company s Chief Executive Officer, and will assume legal responsibilities from William J. Tennis, the Company s Executive Vice President and General Counsel, who previously announced his retirement effective as of June 30, 2024.

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