Diamondrock Hospitality Co (NYSE:DRH)
$ 8.35 -0.1 (-1.18%) Market Cap: 1.75 Bil Enterprise Value: 2.94 Bil PE Ratio: 23.19 PB Ratio: 1.07 GF Score: 83/100
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Q3 2021 Diamondrock Hospitality Co Earnings Call Transcript

Nov 05, 2021 / 01:00PM GMT
Release Date Price: $10.54 (+2.93%)
Operator

Good morning, everyone, and welcome to DiamondRock Hospitality's third quarter earnings conference call.

Before we begin, please note that many of the comments made on today's call are considered to be forward-looking statements under federal securities laws. As described in our filings with the SEC, these statements are subject to numerous risks and uncertainties that could cause future results to differ materially from those implied by our comments today. In addition, on today's call, we will discuss certain non-GAAP financial information. A reconciliation of this information to the most directly comparable GAAP financial measure can be found in our earnings press release.

With that, I'm pleased to turn the call over to Mark Brugger, our President and Chief Executive Officer.

Mark W. Brugger
DiamondRock Hospitality Company - Co-Founder, President, CEO & Director

Good morning, and welcome to our earnings call. The third quarter was a strong one for DiamondRock. Hotel profits hit their highest levels since the inception of the pandemic.

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