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TheStreet Open House

Diamondrock Hospitality's CEO Discusses Q4 2011 Results - Earnings Call Transcript

Diamondrock Hospitality (DRH)

Q4 2011 Earnings Call

February 29, 2012 10:00 am ET

Executives

Mark W. Brugger - Chief Executive Officer and Director

John Williams - President, Chief Operating Officer and Director

Sean M. Mahoney - Chief Financial Officer, Executive Vice President and Treasurer

Analysts

William C. Marks - JMP Securities LLC, Research Division

Jeffrey J. Donnelly - Wells Fargo Securities, LLC, Research Division

Sule Sauvigne - Barclays Capital, Research Division

Eli Hackel - Goldman Sachs Group Inc., Research Division

Andrew G. Didora - BofA Merrill Lynch, Research Division

Smedes Rose - Keefe, Bruyette, & Woods, Inc., Research Division

Daniel P. Donlan - Janney Montgomery Scott LLC, Research Division

Enrique Torres - Green Street Advisors, Inc., Research Division

Unknown Analyst

David Loeb - Robert W. Baird & Co. Incorporated, Research Division

Presentation

Operator

Good day, ladies and gentlemen, and welcome to the Fourth Quarter 2011 DiamondRock Hospitality Earnings Conference Call. My name is Karissa, and I'll be your coordinator for today. [Operator Instructions] As a reminder, this conference is being recorded for replay purposes. I would now turn the presentation over to your host for today's conference, Mr. Mark Brugger, CEO. Please proceed.

Mark W. Brugger

Thanks, Karissa. Good morning, everyone, and welcome to DiamondRock's Fourth Quarter and Full Year 2011 Earnings Conference Call. Today, I'm joined by John Williams, our President and Chief Operating Officer; as well as Sean Mahoney, our Chief Financial Officer. As usual before we begin, I would like to remind everyone that many of our comments today are not historical facts and are considered forward-looking statements under federal securities law. It may not be updated in the future. These statements are subject to risks and uncertainties as described in our SEC filings. Moreover, as we discuss certain non-GAAP financial measures, it may be helpful to review the reconciliation to GAAP in our earnings press release.

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