DiamondRock Hospitality Investor Presentation Deck
10 2023 HIGHLIGHTS
KEY HIGHLIGHTS
Record Setting Revenues and Total Profits
Comparable¹ Total Revenues of $240.4M, +18.0% vs 2022 and +14.2% vs 2019
Comparable¹ RevPAR +16.9% vs 2022 and +13.8% vs 2019
Comparable¹ Hotel Adj. EBITDA +15.9% vs 2022 and +19.5% vs 2019
■ Adj. FFO of $38.0M and $0.18 Per Diluted Share
■
Acquired Ground Lease Interest in the Renaissance Worthington Hotel²
Further enhances portfolio's liquidity and financeability
■ Expect to Spend $100-$115M in Total Capex in 2023
Hilton Boston Downtown/Faneuil Hall comprehensive repositioning
Hilton Burlington conversion to Curio Collection and new restaurant concept
Salt Lake City Marriott guestroom renovation
Bourbon Orleans Hotel public area renovation and guestroom refresh
Expect to Generate $215M Cash Before Capex and Dividends in 2023
Repurchased 56.4K Shares of Common Stock @ $7.26
Declared Quarterly Dividend of $0.03 Per Common Share
WESTIN
. Maintained Leadership in ESG Excellence
GRESB Sector Leader (Hotels/America) and ISS ESG Prime Designation
¯
¹2019 Comparable operating results include all hotels currently owned, except the Kimpton Fort Lauderdale Beach Resort, which opened in April 2021
2 Ground lease acquired in April 2023
DIAMONDROCK
HOSPITALITY
WESTIN BOSTON SEAPORT
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