Company: DRH-PA
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001298946-25-000077
Chunk: 3

Company: DiamondRock Hospitality Co
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 1
Chunk 3
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1,590,235 Noncontrolling interests8,973 8,697 Total equity1,584,498 1,598,932 Total liabilities and equity$3,061,315 $3,172,251 

The accompanying notes are an integral part of these consolidated financial statements.

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Table of Contents

DIAMONDROCK HOSPITALITY COMPANY

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME

(In thousands, except per share amounts)

(Unaudited)             

Three Months Ended June 30,Six Months Ended June 30,2025202420252024Revenues:  Rooms$198,237 $203,487 $361,355 $366,994 Food and beverage78,828 78,111 145,669 146,492 Other28,655 27,682 53,549 52,217 Total revenues305,720 309,280 560,573 565,703 Operating Expenses:  Rooms47,272 47,585 91,115 91,553 Food and beverage50,548 50,717 96,965 97,956 Other departmental and support expenses68,719 67,817 134,005 132,417 Management fees7,406 8,008 12,424 13,318 Franchise fees10,003 10,567 19,051 19,593 Other property-level expenses28,017 27,188 52,916 53,806 Depreciation and amortization28,156 27,873 56,048 56,186 Corporate expenses9,465 28,519 17,148 37,423 Total operating expenses249,586 268,274 479,672 502,252 Interest expense14,868 16,202 30,026 32,448 Interest (income) and other (income) expense, net(764)(1,195)(2,228)(2,264)Total other expenses, net14,104 15,007 27,798 30,184 Income before income taxes42,030 25,999 53,103 33,267 Income tax expense(991)(1,368)(149)(278)Net income41,039 24,631 52,954 32,989 Less: