DiamondRock Hospitality Shines with Nareit's 2024 Leader in the Light Award and GRESB Recognition

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.

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