Margaritaville Holdings and DiamondRock Hospitality Company recently announced Margaritaville Beach House Key West will open in the fall.
Located on the largest beach in Key West, Margaritaville Beach House Key West will welcome guests after a $3 million investment to bring the Margaritaville state of mind to life throughout the recently renovated resort. Enhancements will include amenities and design aesthetics for a fun, relaxing guest experience. The resort will feature signature Margaritaville food and beverage concepts, an expanded retail outlet and family-friendly amenities.
The property is currently known as the Barbary Beach House Key West, 2001 South Roosevelt Blvd., which recently underwent an $18 million renovation to create a leading resort experience with a tropical pool upgrade, newly installed lush landscape, a new lobby and a complete transformation of all 186 suites. Ocean Properties Hotels & Resorts currently operates the resort and will continue to manage t
DiamondRock Hospitality Company Brings Margaritaville Beach House To Key West
Barbary Beach House Key West Will Transform to Margaritaville Beach House Key West in 2021
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BETHESDA, Md., May 13, 2021 /PRNewswire/
DiamondRock Hospitality Company (the Company ) (NYSE: DRH) and Margaritaville Holdings announced Margaritaville Beach House Key West will open in the fall of 2021.
Located on the largest beach in Key West, Margaritaville Beach House Key West will welcome guests in the fall of 2021 after a $3 million investment to bring the Margaritaville state of mind to life throughout the recently renovated resort. Enhancements will include amenities and design aesthetics to drive incremental revenue and a fun, relaxing guest experience. The resort will feature signature Margaritaville food and beverage concepts, an expanded retail outlet, and family friendly amenities.
DiamondRock Hospitality Company Reports First Quarter Results
Portfolio Turns Cash Flow Positive in March
Completes Frenchman s Reef Transaction
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BETHESDA, Md., May 6, 2021 /PRNewswire/ DiamondRock Hospitality Company (the Company ) (NYSE: DRH), a lodging-focused real estate investment trust that owns a portfolio of 30 premium hotels in the United States, today announced results of operations for the quarter ended March 31, 2021.
First Quarter 2021 Highlights:
Comparable Revenues: Comparable total revenues decreased 57.1% from the comparable period of 2020.
Comparable RevPAR: RevPAR decreased 54.4% from the comparable period of 2020.
Hotel Adjusted EBITDA: Hotel Adjusted EBITDA was ($2.6) million, a 65.8% improvement from the fourth quarter of 2020.
DiamondRock Hospitality Company Announces Changes To Board Of Directors
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BETHESDA, Md., May 5, 2021 /PRNewswire/ DiamondRock Hospitality Company (the Company ) (NYSE: DRH) today announced the election of Tabassum Zalotrawala to its Board of Directors effective May 5, 2021. As previously announced in the Company s proxy statement, Gilbert Ray and Maureen McAvey did not stand for reelection this year, and the Company s Board nominated Ms. Zalotrawala to serve as a Director. This series of changes to the Company s Board of Directors aligns with the Company s commitment to board refreshment with diverse, experienced professionals in order to diligently serve its shareholders.
DiamondRock Hospitality Company Reports Fourth Quarter and Full Year 2020 Results
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BETHESDA, Md., Feb. 24, 2021 /PRNewswire/ DiamondRock Hospitality Company (the Company ) (NYSE: DRH), a lodging-focused real estate investment trust that owns a portfolio of 31 premium hotels in the United States, today announced results of operations for the quarter and year ended December 31, 2020.
Fourth Quarter 2020 Highlights:
Comparable Revenues: Comparable total revenues decreased 75.2% from the comparable period of 2019.
Comparable RevPAR: RevPAR decreased 77.1% from the comparable period of 2019.
Hotel Adjusted EBITDA: Hotel Adjusted EBITDA was ($7.6) million, a 56.3% improvement from the third quarter 2020.
Adjusted EBITDA: Adjusted EBITDA was ($14.9) million, a decrease of $77.6 million from 2019.