DiamondRock Expands Credit Facility to $1.5 Billion

The latest update is out from Diamondrock ( (DRH) ).

On July 22, 2025, DiamondRock Hospitality Company announced the successful refinancing and expansion of its senior unsecured credit facility from $1.2 billion to $1.5 billion, extending the maturity schedule and enhancing its financial flexibility. The new Credit Facility includes a $400 million revolving credit facility and three term loans totaling $1.1 billion, with maturity dates ranging from 2028 to 2030. This refinancing allows the company to repay three mortgage loans maturing in 2025, leaving it with no debt maturities until 2028 and a fully unencumbered portfolio, thereby strengthening its balance sheet and positioning it for future capital allocation opportunities.

The most recent analyst rating on (DRH) stock is a Hold with a $10.25 price target. To see the full list of analyst forecasts on Diamondrock stock, see the DRH Stock Forecast page.

Spark’s Take on DRH Stock

According to Spark, TipRanks’ AI Analyst, DRH is a Neutral.

Diamondrock’s overall stock score of 66 reflects a balanced view of its current standing. The financial performance shows recovery with stronger equity and reduced leverage, though profitability is a concern. Technical analysis indicates positive momentum. The valuation is high, but the dividend yield provides some appeal. Earnings call insights present a mix of optimism and caution, highlighting the need for careful monitoring of future performance.

To see Spark’s full report on DRH stock, click here.

More about Diamondrock

DiamondRock Hospitality Company is a self-advised real estate investment trust (REIT) that owns a leading portfolio of geographically diversified hotels concentrated in leisure destinations and top gateway markets. The Company currently owns 36 premium quality hotels and resorts with approximately 9,600 rooms. It has strategically positioned its portfolio to be operated both under leading global brand families as well as independent boutique hotels in the lifestyle segment.

Average Trading Volume: 2,952,728

Technical Sentiment Signal: Buy

Current Market Cap: $1.69B

See more data about DRH stock on TipRanks’ Stock Analysis page.