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 PresentationOperator
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.