Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

DiamondRock Hospitality Company Provides Update And Announces Steps To Mitigate COVID-19 Impact

Diamondrock Hospitality Company (DRH) 
Last diamondrock hospitality company earnings: 2/20 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investor.drhc.com
Company Research Source: PR Newswire
BETHESDA, Md., March 18, 2020 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH), a lodging-focused real estate investment trust that owns a portfolio of 31 premium hotels in the United States, provided an update today on the impact of COVID-19 on its operations and announced the proactive steps management is taking to mitigate the financial impact.The Company is withdrawing the guidance it issued on February 20, 2020, due to the uncertainty surrounding the impact of the COVID-19 pandemic.  As of March 14, 2020, the Company's total revenues have been negatively impacted by approximately $23 million of cancelled group business, excluding potential cancellation fees. Other highlights:Nearly 85% of the group cancellations are concentrated in March (55%) and April (30%). At this time, less than 3% of group business cancellations extend beyond June 2020. Cancellation fees are expected to mitigate a portion of the expected losses. Geographically, nearly 41% of the g Show less Read more
Impact Snapshot
Event Time:
DRH
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for DRH alerts
Opt-in for
DRH alerts

from News Quantified
Opt-in for
DRH alerts

from News Quantified