--- title: "Diamondrock Hospitality | 8-K: FY2026 Q2 Revenue: USD 318.29 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/294410057.md" datetime: "2026-07-30T20:18:12.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294410057.md) - [en](https://longbridge.com/en/news/294410057.md) - [zh-HK](https://longbridge.com/zh-HK/news/294410057.md) generator: "portal-rs" --- # Diamondrock Hospitality | 8-K: FY2026 Q2 Revenue: USD 318.29 M Revenue: As of FY2026 Q2, the actual value is USD 318.29 M. EPS: As of FY2026 Q2, the actual value is USD 0.44. EBIT: As of FY2026 Q2, the actual value is USD 106.88 M. ### Second Quarter 2026 Financial Highlights - Net Income Attributable to Common Stockholders was $90.5 million, an increase of 135.7% compared to the second quarter of 2025. - Adjusted EBITDA was $107.9 million, an increase of 19.2% compared to the second quarter of 2025. - Adjusted FFO was $91.8 million, an increase of 27.0% compared to $72.3 million in the second quarter of 2025. - Adjusted FFO per Diluted Share was $0.44, an increase of 25.7% compared to the second quarter of 2025. - Comparable Hotel Adjusted EBITDA was $113.2 million, an increase of 20.9% compared to the second quarter of 2025, which includes a $6.9 million contribution from property tax appeals for its Chicago hotels. - Comparable Hotel Adjusted EBITDA Margin was 35.76%, an increase of 457 basis points compared to the second quarter of 2025, or 239 basis points excluding the property tax settlements. ### Six Months Ended June 30, 2026 Financial Highlights - Net Income Attributable to Common Stockholders was $104.9 million, an increase of 119.5% compared to $47.8 million for the same period in 2025. - Adjusted EBITDA was $168.5 million, an increase of 14.9% compared to $146.6 million for the same period in 2025. - Adjusted FFO was $137.9 million, an increase of 23.3% compared to $111.8 million for the same period in 2025. - Adjusted FFO per Diluted Share was $0.67, an increase of 26.4% compared to $0.53 for the same period in 2025. - Comparable Hotel Adjusted EBITDA was $179.1 million, an increase of 15.8% compared to $154.7 million for the same period in 2025. - Comparable Hotel Adjusted EBITDA Margin was 31.37%, an increase of 314 basis points compared to the same period in 2025. ### Operational Metrics (Comparable Operating Results) #### Three Months Ended June 30, 2026 vs. 2025 - ADR was $308.50, up 4.6% from $294.88. - Occupancy was 78.1%, up 1.8% from 76.3%. - RevPAR was $240.79, up 7.0% from $225.03. - Total RevPAR was $370.06, up 5.6% from $350.49. - Room Revenues were $206.0 million, up 7.0% from $192.6 million. - Total Revenues were $316.6 million, up 5.5% from $300.0 million. - Hotel Operating Expenses were $203.3 million, down -1.5% from $206.4 million. #### Six Months Ended June 30, 2026 vs. 2025 - ADR was $298.24, up 3.8% from $287.45. - Occupancy was 72.2%, up 0.7% from 71.5%. - RevPAR was $215.30, up 4.8% from $205.47. - Total RevPAR was $335.44, up 4.2% from $321.94. - Room Revenues were $366.4 million, up 4.7% from $349.8 million. - Total Revenues were $570.9 million, up 4.2% from $548.1 million. - Hotel Operating Expenses were $391.8 million, down -0.4% from $393.4 million. ### Hotel Disposition - On May 1, 2026, DiamondRock Hospitality Company sold the Courtyard New York Manhattan/Fifth Avenue for $33.0 million. ### Capital Expenditures - DiamondRock Hospitality Company invested approximately $40.3 million in capital improvements during the six months ended June 30, 2026. - The Company expects to invest approximately $75 million to $85 million in capital improvements at its hotels in 2026. ### Balance Sheet - As of June 30, 2026, total debt outstanding was $1.1 billion, with a weighted average interest rate of 4.9%. - The Company had $400 million available under its undrawn revolving credit facility and approximately $106.0 million of unrestricted cash on hand. ### Common Share Repurchase Program - On April 28, 2026, the Board authorized a new $300.0 million share repurchase program, effective May 1, 2026, replacing the previous program. - During Q2 2026, 0.2 million shares were repurchased at an average price of $9.79 per share, totaling $1.9 million. - DiamondRock Hospitality Company has $299.4 million of remaining capacity under the current program. ### Dividends - The Board declared a Q2 cash dividend of $0.09 per share, paid on July 14, 2026. - A Q3 2026 cash dividend of $0.11 per share was declared on July 30, 2026, representing a 22% increase over the Q2 dividend. - The Company expects to declare regular quarterly dividends of $0.11 per common share for the remainder of 2026, plus a potential stub dividend in Q4 2026. ### Outlook / Guidance DiamondRock Hospitality Company is raising its full-year 2026 guidance due to better-than-expected Q2 results, an improved booking pace, and the full-year benefit from Chicago property tax appeals. The updated guidance projects Comparable RevPAR Growth of 2.5% to 4.0%, Comparable Total RevPAR Growth of 2.75% to 4.25%, Adjusted EBITDA between $310.0 million and $320.0 million, and Adjusted FFO between $245.5 million and $255.5 million. Adjusted FFO per share is forecast to be $1.18 to $1.23, based on assumptions including $27.0 million in corporate expenses and $58.5 million to $59.5 million in cash interest expense. ### Related Stocks - [DRH.US](https://longbridge.com/en/quote/DRH.US.md) ## Related News & Research - [Legal & General Group Plc Buys Shares of 1,268,874 DiamondRock Hospitality Company $DRH](https://longbridge.com/en/news/297488624.md) - [DiamondRock Hospitality (NYSE:DRH) Given New $13.25 Price Target at Stifel Nicolaus](https://longbridge.com/en/news/294526192.md) - [DiamondRock Hospitality Q2 net income rises, lifts FY outlook](https://longbridge.com/en/news/294410684.md) - [DiamondRock Hospitality reports Q2 2026 results press release available](https://longbridge.com/en/news/294412878.md) - [DiamondRock Hospitality director Stephanie Lepori reports DRH share purchase worth $5,461.62](https://longbridge.com/en/news/292820611.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**