DiamondRock Q2 FY26 net income more than doubled to $90.5 million; revenue rises 4.1% to $318.3 million
DRH•Q2 results
- DiamondRock Hospitality swung to Q2 net income attributable to common stockholders of $90.5 million; GAAP EPS more than doubled to $0.44.
- Revenue rose 4.1% to $318.3 million; comparable RevPAR increased 7% to $240.79.
- Adjusted EBITDA climbed 19.2% to $107.9 million; comparable hotel adjusted EBITDA margin widened 4.57 percentage points to 35.76%.
Capital returns and outlook
- Sold Courtyard New York Manhattan/Fifth Avenue for $33 million; declared a quarterly common dividend of $0.11 per share, up 22%.
- Raised 2026 outlook, forecasting adjusted EBITDA of $310 million-$320 million and adjusted FFO per share of $1.18-$1.23.
