DiamondRock Hospitality Investor Presentation Deck
OPERATOR DIVERSIFICATION
6%
5%
7%
4%
8%
4%
Aimbridge
Sage Hospitality
Kimpton
Highgate Hotels
4%
4%
0%
14%
HEI Hotels & Resorts
EOS Hospitality
Ocean Properties
Passport Resorts
Note: % of 2022 EBITDA, proforma for 2022 acquisitions
26%
18%
Marriott
Evolution Hospitality
Vail Resorts
Pacifica Hotels
BENEFITS OF SHORT-TERM AGREEMENTS
SUPERIOR COST CONTROLS
Utilize most cost-effective procurement & sourcing
. Identify cost-effective product alternatives
DIAMONDROCK
HOSPITALITY
OWNER-CENTRIC CASH/CAPITAL MANAGEMENT
■
HIGHER PROFITABILITY, LOWER COST OF OPERATIONS
Management fees lower
I
I
Owner controls cash management and distribution
Owner dictates capital investment / purchasing
decisions
Operating cost savings
Better profitability and flow-through
VALUATION PREMIUM: 15%
UNENCUMBERED VS.
ΤΟ
ENCUMBERED HOTELS 20%
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