Mon Mar 18 23:09:35 EDT 2024
Home#COVIDDiamondRock REIT States Zero New Construction In The Future

DiamondRock REIT States Zero New Construction In The Future

DiamondRock Hospitality Company, a self-advised real estate investment trust (REIT), owns a portfolio of 31 premium hotels and resorts containing over 10,000 rooms in the aggregate, concentrated in key gateway cities and destination resorts throughout North America and the U.S. Virgin Islands. With a net loss of $37.2 Million announced on their Earnings Call, the future is looking grim. DiamondRock also fully drew down its $400 million senior unsecured credit facility to enhance its liquidity. As of March 31, 2020, the company had unrestricted cash . . .

To read the article Subscribe today!

 

 

Paul Williams
Paul Williamshttps://foreclosurepedia.org
Off Grid Linux Junkie and Always a Friend of Labor!

Appointments

Schedule An Appointment

Advertise With Us

Inspectors

For All Your Eviction And Storage Needs NY/NJ

Followers

26,534FansLike
129,807FollowersFollow
47,098FollowersFollow
14,324SubscribersSubscribe

Most Popular