DRHPA.PFD (Diamondrock Hospitality Co) Buildings And Improvements : $2,824.65 Mil (As of Mar. 2025)

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What is Diamondrock Hospitality Co Buildings And Improvements?

Diamondrock Hospitality Co's quarterly buildings and improvements declined from Sep. 2024 ($2,912.93 Mil) to Dec. 2024 ($2,812.46 Mil) but then increased from Dec. 2024 ($2,812.46 Mil) to Mar. 2025 ($2,824.65 Mil).

Diamondrock Hospitality Co's annual buildings and improvements increased from Dec. 2022 ($2,798.65 Mil) to Dec. 2023 ($2,878.51 Mil) but then declined from Dec. 2023 ($2,878.51 Mil) to Dec. 2024 ($2,812.46 Mil).

Diamondrock Hospitality Co Buildings And Improvements Historical Data

The historical data trend for Diamondrock Hospitality Co's Buildings And Improvements 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 Buildings And Improvements Chart

Diamondrock Hospitality Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Buildings And Improvements

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2,724.28

2,667.02

2,798.65

2,878.51

2,812.46

Diamondrock Hospitality Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Buildings And Improvements	Get a 7-Day Free Trial															2,889.02	2,899.21	2,912.93	2,812.46	2,824.65

Diamondrock Hospitality Co Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction. Broker and architect fees, permits, etc. can be covered within this category. Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized. Improvements are commonly recorded at acquisition cost. Building improvement examples include roofing, remodeling, replacements, etc.

Diamondrock Hospitality Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Diamondrock Hospitality Co (NYSE:DRHpA.PFD) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

DRH:USA HBO:Germany

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 others. The room segment contributes the majority of the revenue. The firm's customers include leisure transients, business transients, and group customers.