DiamondRock Hospitality Company reported first-quarter 2025 operating results, with comparable RevPAR increasing 2.0% and total RevPAR rising 1.6% year-over-year. Hotel Adjusted EBITDA grew 2.2% to $61.3 million, and Adjusted FFO per diluted share increased 5.6% to $0.19. Net income attributable to common stockholders was $9.4 million, up 59.3% from the prior year.
The company updated its full-year 2025 guidance, lowering the comparable RevPAR growth outlook from 1.0%-3.0% to (1.0)%-1.0%, and reducing Adjusted EBITDA guidance from $275-$300 million to $270-$295 million. This revision reflects tempered group revenue pickup in the second half of 2025 due to an unsettled business environment, though Adjusted FFO per share guidance was maintained at $0.94-$1.06.
DiamondRock continued its share repurchase program, acquiring 1.4 million shares for $11.1 million during the quarter, and an additional 0.7 million shares for $4.8 million subsequent to quarter-end, totaling $15.9 million year-to-date. The company also declared a regular quarterly cash dividend of $0.08 per share for the second quarter of 2025 and plans to repay a mortgage loan maturing in May 2025 with cash on hand.
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