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DiamondRock Hospitality Company Reports Fourth Quarter and Full Year 2020 Results


DiamondRock Hospitality Company Reports Fourth Quarter and Full Year 2020 Results
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BETHESDA, Md., Feb. 24, 2021 /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, today announced results of operations for the quarter and year ended December 31, 2020.
Fourth Quarter 2020 Highlights:
Comparable Revenues: Comparable total revenues decreased 75.2% from the comparable period of 2019.
Comparable RevPAR: RevPAR decreased 77.1% from the comparable period of 2019.
Hotel Adjusted EBITDA: Hotel Adjusted EBITDA was ($7.6) million, a 56.3% improvement from the third quarter 2020.
Adjusted EBITDA: Adjusted EBITDA was ($14.9) million, a decrease of $77.6 million from 2019. ....

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Lift reservations and quiet après ski parties: What skiing will be like this winter


Lift reservations and quiet après ski parties: What skiing will be like this winter
CNBC
12/17/2020
Karen Gilchrist
© Provided by CNBC
The skiing industry is adapting to skiers who want social distancing over apres ski events this winter.
When a Covid-19 outbreak emerged at one of Rob Katz s Colorado ski resorts in March, he knew it was going to be a game changer.
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It was a defining moment, the Vail Resorts CEO told CNBC. I immediately felt a different level of responsibility.
That was true not only for the mountain holiday operator s 34 resorts across North America, but also for the entire industry that exists on the slopes. ....

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