DiamondRock Hospitality's Achievement
In a significant milestone,
DiamondRock Hospitality Company (NYSE: DRH) has been honored with the
2024 Leader in the Light Award presented by the National Association of Real Estate Investment Trusts (Nareit). This accolade distinguishes organizations in the
lodging and resorts sector that exemplify exemplary practices in sustainable and socially responsible investments.
Nareit and GRESB Recognition
With this latest award, DiamondRock is recognized as a sustainable leader within its industry for the
fifth consecutive year. The determinations for the
2024 Leader in the Light Awards are based on results from the
Global Real Estate Sustainability Benchmark (GRESB) Annual Survey, along with evaluative responses by expert judges. For the ninth consecutive year, DiamondRock took part in the GRESB Real Estate Assessment, earning the coveted
Sector Leader Status and maintaining a
#1 ranking among its hotel counterparts.
Jeffery Donnelly, DiamondRock’s CEO, expressed, "We are immensely honored to receive Nareit's Leader in the Light award and also to be recognized by GRESB again. These acknowledgments highlight our commitment to sustainable practices, social responsibility, and transparent governance." He further stated that integrating such principles supports stakeholders and contributes to a healthier planet and stronger communities. DiamondRock remains focused on delivering meaningful progress, setting a benchmark for sustainability in the
hospitality sector.
GRESB Assessment Insights
This year’s GRESB Real Estate Assessment awarded
DiamondRock several notable recognitions:
- - Global Listed Sector Leader/Hotel
- - Regional Listed Sector Leader/Americas/Hotel
- - Regional Sector Leader Americas/Hotel
- - Achieved 4 Green Stars and Green Star status for the seventh consecutive year.
Furthermore, in the GRESB Public Disclosure for 2024, the company ranks first among U.S. Hotels, boasting a superior score of
A compared to an average of
B within its peer group and the GRESB Global Average.
The GRESB Real Estate Assessment is a globally recognized ESG benchmark, providing critical data that informs investors about sustainability performance in real estate. This framework seeks to address significant issues practiced in real estate investments.
About DiamondRock Hospitality Company
DiamondRock Hospitality is a self-managed real estate investment trust that owns a diverse portfolio of hotels, primarily situated in leisure markets and leading gateway cities. The company currently boasts
37 premium hotels and resorts, encompassing over
10,000 rooms. They strategically operate both renowned global brands and boutique hotels in the lifestyle sector.
For more details about the company and its portfolio, visit
DiamondRock Hospitality's website.
About GRESB
GRESB is a mission-focused, investor-led organization dedicated to providing transparent and actionable Environmental, Social, and Governance (ESG) data to promote sustainable investing practices. To learn more, explore
GRESB's official site.