DiamondRock Hospitality Company Moves to Nasdaq: Enhancing Shareholder Experience and Growth

DiamondRock Hospitality's Strategic Shift to Nasdaq: A New Chapter in Trading Experience

DiamondRock Hospitality Company, headquartered in Bethesda, Maryland, announces a significant strategic move by planning to transfer its Class A Common Stock listing from the New York Stock Exchange (NYSE) to the Nasdaq Global Select Market, effective December 1, 2025. This decision marks a pivotal moment for the company, which is recognized as a leader in the hospitality industry with a diverse portfolio of 36 hotels and resorts, offering approximately 9,600 rooms. The transition to Nasdaq is anticipated to enhance the trading experience for shareholders and leverage Nasdaq's cost-effective exchange platform along with its trading advisory services and marketing opportunities.

The change in listing is part of DiamondRock's broader strategy to optimize its operational efficiencies and shareholder value. CEO Jeffrey J. Donnelly expresses appreciation for the partnership with the NYSE over the past 20 years, while underscoring the strategic advantages that Nasdaq offers. By moving to Nasdaq, DiamondRock aims to take advantage of innovative trading solutions that can better support its growth in the ever-evolving hospitality sector. This shift not only signifies a fresh start but also a commitment to adapting to market demands and shareholder interests.

Operating under both leading global brands and independent boutique concepts, DiamondRock's portfolio is strategically positioned in key leisure destinations and gateway markets across the United States. The company’s decision to join Nasdaq aligns with its long-term vision to continue providing premium accommodations while enhancing shareholder engagement and experience. Nelson Griggs, President of Nasdaq, welcomes the company to its platform and highlights the myriad benefits that come with this transition, setting the stage for a fruitful partnership that aims to strengthen DiamondRock's market presence.

In light of this transition, DiamondRock acknowledges potential challenges ahead, including economic volatility, inflation, and other uncertainties that could impact the hospitality industry. The company incorporates forward-looking statements in its press release, reflecting an awareness of these risks while remaining optimistic about its future.

For those interested in learning more about DiamondRock Hospitality Company and its offerings, additional information is available on their official website at www.drhc.com.