DiamondRock Hospitality Raises 2026 RevPAR Growth Guidance Following Strong Q3 Performance
DiamondRock Hospitality Company (DRH) has raised its 2026 guidance for Revenue Per Available Room (RevPAR) growth to a range of 4.75% to 5.25%. This upward revision is supported by projected adjusted EBITDA in the range of $322 million to $327 million. The company reported strong third-quarter results, highlighted by a 6.6% increase in comparable RevPAR and a 12.5% rise in hotel adjusted EBITDA. These gains were driven by robust revenue growth paired with disciplined expense management, resulting in 166 basis points of margin expansion.
Tickers: $DRH