Company: DRH-PA
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001298946-25-000077
Chunk: 71

Company: DiamondRock Hospitality Co
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 8
Chunk 71
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.The following table presents revenues for our hotel ownership segment reconciled to our consolidated amounts and Hotel Adjusted EBITDA reconciled to consolidated net income (in thousands):

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Three Months Ended June 30,Six Months Ended June 30,2025202420252024Revenues:Hotel ownership revenue$305,720 $309,280 $560,573 $565,703 Total consolidated revenue305,720 309,280 560,573 565,703 Significant expenses:Rooms expense47,272 47,585 91,115 91,553 Food and beverage expense50,548 50,717 96,965 97,956 Other departmental and support expenses68,719 67,817 134,005 132,417 Management fees7,804 8,405 13,219 14,113 Franchise fees10,003 10,567 19,051 19,593 Property taxes16,663 13,051 30,944 26,073 Total significant expenses201,009 198,142 385,299 381,705 Other segment expenses:Other hotel expenses(1)9,351 11,650 18,250 23,096 Hotel Adjusted EBITDA:95,360 99,488 157,024 160,902 Non-cash lease expense and other amortization1,284 1,555 2,583 3,073 Hotel pre-opening and manager transition items321 535 344 769 Depreciation and amortization28,156 27,873 56,048 56,186 Corporate expenses9,465 28,519 17,148 37,423 Interest expense14,868 16,202 30,026 32,448 Interest income(802)(1,169)(1,583)(2,219)Other (income) expense, net38 (26)(645)(45)Income tax benefit991 1,368 149 278 Consolidated net income:$41,039 $24,631 $52,954 $32,989 _____________________________(1)Other hotel expenses is principally comprised of cash payments for leases and property insurance.  The following table presents total assets for our hotel ownership segment, reconciled to total consolidated assets (in thousands):June 30, 2025December 31,