Diamondrock Hospitality Co (FRA:HBO) Construction In Progress : €22 Mil (As of Mar. 2024)

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What is Diamondrock Hospitality Co Construction In Progress?

Diamondrock Hospitality Co's quarterly construction in progress declined from Sep. 2023 (€20 Mil) to Dec. 2023 (€19 Mil) but then increased from Dec. 2023 (€19 Mil) to Mar. 2024 (€22 Mil).

Diamondrock Hospitality Co's annual construction in progress increased from Dec. 2021 (€13 Mil) to Dec. 2022 (€31 Mil) but then declined from Dec. 2022 (€31 Mil) to Dec. 2023 (€19 Mil).

Diamondrock Hospitality Co Construction In Progress Historical Data

The historical data trend for Diamondrock Hospitality Co's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Diamondrock Hospitality Co Construction In Progress Chart

Diamondrock Hospitality Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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113.82

30.81

12.82

30.61

19.42

Diamondrock Hospitality Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial															20.87	14.69	20.01	19.42	22.33

Diamondrock Hospitality Co Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Diamondrock Hospitality Co (FRA:HBO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Diamondrock Hospitality Co (FRA:HBO) » Definitions » Construction In Progress

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Traded in Other Exchanges

DRHpA.PFD:USA DRH:USA

Address

2 Bethesda Metro Center, Suite 1400, Bethesda, MD, USA, 20814

Website

https://www.drhc.com

Diamondrock Hospitality Company is a real estate investment trust that owns lodging properties. Its business is to acquire, own, manage, and renovate full-service hotel properties in the United States. It operates in cities such as Chicago, Boston, New York, Denver and others. Within DiamondRock's holdings, the majority of the hotel brands include Marriott, Starwood, and Hilton. The revenue is divided between room, food and beverage, and other. The room segment contributes the majority of the revenue. The firm's customers include leisure transient, business transient, and group customers.

Diamondrock Hospitality Co (FRA:HBO) Headlines

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