Financial PerformanceThe company's year-end preferred stock redemption should also provide a $0.03 net tailwind to FFO next year.
Revenue GrowthThe strong ADR performance from The Cliffs, as well as 2026 group revenue pace +50% for the asset, should be a 25-50 bps tailwind to 2026 RevPAR.
Shareholder ValueDRH repurchased 1.5M shares in 3Q, with a year-to-date total of 4.8M shares, enhancing shareholder value.