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DiamondRock reaffirms FY25 AFFO view 94c-$1.06, consensus 98c

Lowers FY25 RevPar view to (1.0%)-1.0% from 1.0%-3.0%. FY25 guidance is based in part on the following assumptions: Full year corporate expenses, excluding share-based compensation, of approximately $24M-$25M; Full year cash interest expense of approximately $60.5M-$61.5M; fully diluted weighted average common shares and units of 210.3M; and 3,502,175 full year available rooms.

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