DiamondRock Hospitality Provides Update On Hurricane Sandy Impact

      DiamondRock Hospitality Provides Update On Hurricane Sandy Impact

PR Newswire

BETHESDA, Md., Nov. 13, 2012

BETHESDA, Md., Nov.13, 2012 /PRNewswire/ --DiamondRock Hospitality Company
(the "Company") (NYSE: DRH) today provided an update on the impact of
Hurricane Sandy.

There was no significant property damage at the Company's hotels directly
impacted by the storm, including two hotels located in Washington, D.C., four
hotels and a development site located in New York City and two hotels located
in Boston. The Company estimates the impact to operating performance to be as

  oFourth quarter 2012 RevPAR growth lower by 140 to 170 basis points;
  oFull year 2012 RevPAR growth lower by 50 to 60 basis points;
  oTotal revenues lower by $3.0 to $3.5 million; and
  oAdjusted EBITDA lower by $2.0 to $2.5 million

About the Company

DiamondRock Hospitality Company is a self-advised real estate investment trust
(REIT) that is an owner of premium hotel properties. The Company owns 27
premium hotels with approximately 11,600 rooms and holds the senior mortgage
loan on another premium hotel. The Company's hotels are generally operated
under globally recognized brands such as Hilton, Marriott, and Westin. For
further information, please visit DiamondRock Hospitality Company's website at

This press release contains forward-looking statements within the meaning of
federal securities laws and regulations. These forward-looking statements are
generally identifiable by use of the words "will," "believe," "expect,"
"intend," "anticipate," "estimate," "project" or similar expressions, whether
in the negative or affirmative. Forward-looking statements are based on
management's current expectations and assumptions and are not guarantees of
future performance. Factors that may cause actual results to differ
materially from current expectations include those risk factors and other
factors discussed from time to time in our periodic filings with the
Securities and Exchange Commission, including our Annual Report on Form 10-K
for the year ended December 31, 2011. Accordingly, there is no assurance that
our expectations will be realized. Except as otherwise required by the federal
securities laws, we expressly disclaim any obligations or undertaking to
publicly release any updates or revisions to any forward-looking statement
contained in this press release to reflect events, circumstances or changes in
expectations after the date of this press release.

SOURCE DiamondRock Hospitality Company

Website: http://www.drhc.com
Contact: Sean Mahoney, +1-240-744-1150
Press spacebar to pause and continue. Press esc to stop.