Detailed Reviews: Reviews order informed by descriptiveness of user-identified themes such as cleanliness, atmosphere, general tips and location information. Each resort is unencumbered by brand and management enabling the Company to swiftly implement DiamondRock's asset management best practices. Last year alone, the white sand beaches of Destin attracted 4.5 million visitors and The Henderson Park Inn is one of the few beachfront hotels in Destin. Prior to Wells Fargo, Mr. Donnelly was Assistant Vice President at AEW Capital Management, L.P. with fiduciary responsibilities in asset management and capital markets for large diversified commercial real estate portfolio. Only $200 per official company press release! For those curious, Xenia Hotels & Resorts (XHR) took second place. For further information on the Company and its portfolio, please visit DiamondRock Hospitality Company's website at www.drhc.com. Prior to DiamondRock, Ms. Quinn was the Vice President of Finance and Accounting for Meristar Hospitality Corporation, a publicly-traded lodging real estate investment trust. I am not receiving compensation for it (other than from Seeking Alpha). During his tenure, he directed the asset management of 60 branded and independent hotels totaling over 20,000 rooms. Cision Distribution 888-776-0942 My favourite is lasagne. I wrote this article myself, and it expresses my own opinions. The fee-simple interest in the Resort was purchased fully unencumbered by brand and management, previously managed by an owner-operator. The investment in the 37-room Henderson Park Inn was acquired for nearly a 7% capitalization rate on trailing 12-month NOI and is also expected to achieve an 8% yield after the implementation of new professional management and best practices. Mr. Donnelly was a highly ranked securities analyst in numerous publications including Institutional Investor magazine and The Wall Street Journal among others. Although the dividend yield may not be as high as its peers, the security of the dividend and the company's overall strong performance make it an attractive choice for investors. DRH has $1.19 billion in gross debt on the balance sheet, with $800 million of that being unsecured term loans at floating rates. Mr. Brugger has significant experience serving on and working with boards of directors. Third-party unit owners bear 100% of the maintenance and capital costs associated with their unit. 7. Kevin Frija, the Companys CEO stated that: This change of SIC Code was completed to more accurately reflect our current business.
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