Diamondrock Hospitality (DRH) Q1 2012 Earnings Call April 30, 2012 2:00 pm ET Executives Mark W. Brugger - Chief Executive Officer and Director John L. Williams - President, Chief Operating Officer and Director Sean M. Mahoney - Chief Financial Officer, Principal Accounting Officer, Executive Vice President and Treasurer Analysts Sule Sauvigne - Barclays Capital, Research Division Eli Hackel - Goldman Sachs Group Inc., Research Division William C. Marks - JMP Securities LLC, Research Division Jeffrey J. Donnelly - Wells Fargo Securities, LLC, Research Division Tim Wengerd - Deutsche Bank AG, Research Division Enrique Torres - Green Street Advisors, Inc., Research Division Joshua Attie - Citigroup Inc, Research Division Nikhil Bhalla - FBR Capital Markets & Co., Research Division Wes Golladay - RBC Capital Markets, LLC, Research Division Smedes Rose - Keefe, Bruyette, & Woods, Inc., Research Division Daniel P. Donlan - Janney Montgomery Scott LLC, Research Division PresentationOperator
Good day, ladies and gentlemen, and welcome to the First Quarter 2012 DiamondRock Hospitality Company Earnings Conference Call. My name is Larry, and I will be your operator for today. [Operator Instructions] I would now like to turn the conference over to your host for today, Mr. Mark Brugger. Please proceed. Mark W. Brugger Thanks, Larry. Good afternoon, everyone, and welcome to DiamondRock's first quarter 2012 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. They 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.