AI brief of an SEC Form 8-K · DiamondRock Hospitality (DRH)

DiamondRock Q4 revenue up 5.9%, but net loss of $13.7 million on impairment

Mixed Impact 3 of 5 earnings Written later

DiamondRock Hospitality reported a fourth-quarter 2024 net loss attributable to common stockholders of $13.7 million, or $0.07 per diluted share, compared with net income of $8.5 million a year earlier, after a $32.6 million impairment loss on the Westin Washington D.C. City Center. Total revenues rose 5.9% to $279.1 million and Adjusted EBITDA rose 19.9% to $68.7 million, and the company issued 2025 guidance calling for Adjusted FFO per share of $0.94 to $1.06.

Key points

  • Q4 2024 net loss of $13.7 million, or $0.07 per diluted share, versus net income of $8.5 million in Q4 2023
  • Q4 2024 total revenues of $279.1 million, up 5.9%; Adjusted EBITDA of $68.7 million, up 19.9%
  • Full year 2024 net income attributable to common stockholders of $38.2 million, or $0.18 per diluted share, versus $76.5 million in 2023; Adjusted FFO per share of $1.01, up 8.6%
  • 2025 guidance: Adjusted EBITDA of $275 million to $300 million and Adjusted FFO per share of $0.94 to $1.06; Westin Washington D.C. sold for $92.0 million on February 19, 2025

The filing

CompanyDiamondRock Hospitality (DRH)
Form8-K, current report
Filed with the SECFeb 27, 2025, 4:07 PM ET
Accession number0001298946-25-000013

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:49 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 27, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.