Diamondrock Hospitality Co (FRA:HBO) Buildings And Improvements : €2,658 Mil (As of Mar. 2024)

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What is Diamondrock Hospitality Co Buildings And Improvements?

Diamondrock Hospitality Co's quarterly buildings and improvements declined from Sep. 2023 (€2,685 Mil) to Dec. 2023 (€2,640 Mil) but then increased from Dec. 2023 (€2,640 Mil) to Mar. 2024 (€2,658 Mil).

Diamondrock Hospitality Co's annual buildings and improvements increased from Dec. 2021 (€2,360 Mil) to Dec. 2022 (€2,642 Mil) but then declined from Dec. 2022 (€2,642 Mil) to Dec. 2023 (€2,640 Mil).

Diamondrock Hospitality Co Buildings And Improvements Historical Data

The historical data trend for Diamondrock Hospitality Co's Buildings And Improvements can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Diamondrock Hospitality Co Buildings And Improvements Chart

Diamondrock Hospitality Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Buildings And Improvements

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2,476.43

2,239.36

2,360.32

2,641.93

2,639.59

Diamondrock Hospitality Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Buildings And Improvements	Get a 7-Day Free Trial															2,631.20	2,616.13	2,684.69	2,639.59	2,657.90

Diamondrock Hospitality Co Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction. Broker and architect fees, permits, etc. can be covered within this category. Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized. Improvements are commonly recorded at acquisition cost. Building improvement examples include roofing, remodeling, replacements, etc.

Diamondrock Hospitality Co (FRA:HBO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Diamondrock Hospitality Co (FRA:HBO) » Definitions » Buildings And Improvements

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Traded in Other Exchanges

DRHpA.PFD:USA DRH:USA

Address

2 Bethesda Metro Center, Suite 1400, Bethesda, MD, USA, 20814

Website

https://www.drhc.com

Diamondrock Hospitality Company is a real estate investment trust that owns lodging properties. Its business is to acquire, own, manage, and renovate full-service hotel properties in the United States. It operates in cities such as Chicago, Boston, New York, Denver and others. Within DiamondRock's holdings, the majority of the hotel brands include Marriott, Starwood, and Hilton. The revenue is divided between room, food and beverage, and other. The room segment contributes the majority of the revenue. The firm's customers include leisure transient, business transient, and group customers.

Diamondrock Hospitality Co (FRA:HBO) Headlines

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