DiamondRock Hospitality Investor Presentation Deck
2023-2024 POSITIONED FOR OUTSIZED GROWTH
CONTINUED ROBUST LEISURE DEMAND
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DRH Resort Performance Remains Strong
DRH Resort RevPAR ($332.49)
STR Luxury/Upper Upscale ($169.30)
STR Resorts ($221.97)
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Robust RevPAR Growth at Several Resorts:
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The Hythe, a Luxury Collection Hotel (+18.8% vs 2022)
The Lodge at Sonoma (+11.5% vs 2022)
Kimpton Shorebreak Huntington Beach (+3.6% vs 2022)
Resorts in Destin and the Florida Keys stabilizing at well above 2019
levels (38%+)
URBAN RECOVERY AND GROWTH
THE LINDY RENAISSANCE CHARLESTON
TEA
DIAMONDROCK
HOSPITALITY
THE HYTHE, A LUXURY COLLECTION HOTEL
NAL
STRONG URBAN RATES & POSITIVE DEMAND TRAJECTORY
Q1'23 Comparable RevPAR +42.0% vs 2022 and 3.9% vs 2019
RAPID RECOVERY OF BUSINESS TRANSIENT
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Q1'23 Comparable Midweek BT Occupancy +50.8%
NYC Hotels RevPAR Average Increase of 45%+ vs 2022 and 8%+ vs 2019
Hotel Emblem RevPAR Increase of 79%+ vs 2022 and 27%+ vs 2019
IMPROVING GROUP TRENDS
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Q1'23 Group Room Nights 88% of Prior Peak, +59% vs 2022
Booked "In-the-Quarter, for-the-Quarter" increased 15%
Booked "In-the-Quarter, for-the-Rest-of-the-Year" Increased 28%
FY 2023 Forecast 102% of Peak Group Revenue
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