Company: DRH-PA
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001298946-25-000085
Chunk: 10

Company: DiamondRock Hospitality Co
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 1
Chunk 10
---
295,808)(80,323)Proceeds from senior unsecured term loan300,000 — Draws on senior unsecured credit facility60,000 — Repayments of senior unsecured credit facility(60,000)— Payment of financing costs(11,574)— Distributions on common stock and units(81,868)(19,292)Distributions on preferred stock(7,362)(7,362)Repurchases of common stock(35,519)(25,993)Shares redeemed to satisfy tax withholdings on vested share-based compensation(5,053)(4,629)Net cash used in financing activities(137,184)(137,599)Net increase (decrease) in cash, cash equivalents, and restricted cash66,628 (47,391)Cash, cash equivalents, and restricted cash at beginning of period128,789 167,171 Cash, cash equivalents, and restricted cash at end of period$195,417 $119,780 

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

-6-

DIAMONDROCK HOSPITALITY COMPANY

CONSOLIDATED STATEMENTS OF CASH FLOWS - (CONTINUED)

(In thousands)

(Unaudited)

Supplemental Disclosure of Cash Flow Information: 

Nine Months Ended September 30,20252024Cash paid for interest$43,972 $48,646 Cash paid for income taxes, net of refunds$726 $3,451 Non-cash investing and financing activities:Unpaid dividends and distributions declared$17,430 $6,664 Accrued capital expenditures$3,934 $3,814 

The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the consolidated balance sheets to the amount shown within the consolidated statements of cash flows:

September 30, 2025December 31, 2024Cash and cash equivalents$145,336 $81,381 Restricted cash50,081 47,408 Total cash, cash equivalents and restricted cash$195,417 $128,789 

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

-7-

DIAMONDROCK HOSPITALITY COMPANY

Notes to the Consolidated Financial Statements

(Unaudited)

1. Organization

DiamondRock Hospitality Company (the “Company” or “we”) is a lodging-focused real estate company that owns a portfolio of premium hotels and