05:19 PM EDT, 07/30/2026 (MT Newswires) -- DiamondRock Hospitality ( DRH ) reported Q2 adjusted funds from operations late Thursday of $0.44 per diluted share, up from $0.35 a year earlier.

Analysts polled by FactSet expected $0.30.

Revenue for the quarter ended June 30 rose to $318.3 million from $305.7 million a year ago.

Analysts expected $315 million.

For 2026, the company expects adjusted FFO to be in a range of $1.18 to $1.23 per share, up from previous guidance of $1.10 to $1.16. Analysts polled by FactSet expect $0.91.

The company said it raised its quarterly dividend to $0.11 per share from $0.09, payable Oct. 14 to stockholders of record on Sept. 30.