DiamondRock Hospitality Co. / DRH
The Bethesda Marriott Suites is one of 16 hotel properties owned by real estate investment firm DiamondRock Hospitality. (Photo: Courtesy of company.)
About DiamondRock Hospitality Co.
6903 Rockledge Dr., Suite 800, Bethesda, Md. 20817
www.drhc.com
| 240-744-1150
| Founded: 2004
Industry: Hospitality And Travel | Category: Top 100 Companies
DiamondRock, a real estate investment trust that owns hotels, had its same-store revenue per available room grow 9.8 percent in 2007, but the company expects growth of just 2 to 5 percent this year because of the slowing economy. The owner of 20 hotels, operated under brands owned by Marriott, Starwood and Hilton, it was spun off from Marriott in 2004 and often gets first dibs from the hotel operator on investment opportunities.
2007 Financial Data
Total employees: 18 | Local employees: 18Company Leadership
| Daniel J. Altobello | Director |
| W. Robert Grafton | Lead Director |
| Maureen L. McAvey | Director |
| William W. McCarten | Chairman and Chief Executive Officer |
| Gilbert T. Ray | Director |
| John Williams | President, Chief Operating Officer and Director |
Source: Compensation data provided by Equilar, Inc..
Did You Know
LOCATION, LOCATION: DiamondRock concentrates on properties in five gateway cities — New York, Los Angeles, Chicago, Boston and Atlanta — and resort locations, such as the U.S. Virgin Islands and Vail, Colo.
