DIAMONDROCK HOSPITALITY COMPANY REPORTS FOURTH QUARTER AND FULL YEAR 2022 RESULTS

Hotel Adjusted EBITDA Reconciliation – Year to Date 2022

Days of

Operation

Total Revenues

Net Income /

(Loss)

Plus: Depreciation

Plus: Interest

Expense

Plus: Adjustments ⁽¹⁾

Equals: Hotel

Adjusted EBITDA

Atlanta Marriott Alpharetta

365

$ 13,706

$ 2,847

$ 1,478

$ —

$ 4,325

Bourbon Orleans Hotel

365

$ 16,503

$ 2,986

$ 3,321

$ —

$ 25

$ 6,332

Cavallo Point, The Lodge at the Golden Gate

365

$ 45,030

$ 4,663

$ 7,533

$ —

$ 375

$ 12,571

Chicago Marriott Downtown Magnificent Mile

365

$ 91,934

$ 19,420

$ 15,514

$ 23

$ (1,589)

$ 33,368

Courtyard Denver Downtown

365

$ 11,007

$ 3,527

$ 1,508

$ —

$ 5,035

Courtyard New York Manhattan/Fifth Avenue

365

$ 18,119

$ 1,108

$ 1,333

$ —

$ 1,014

$ 3,455

Courtyard New York Manhattan/Midtown East

365

$ 33,251

$ 4,207

$ 1,963

$ 3,640

$ —

$ 9,810

Embassy Suites by Hilton Bethesda

365

$ 8,892

$ (9,254)

$ 2,243

$ —

$ 5,928

$ (1,083)

Havana Cabana Key West

365

$ 14,014

$ 4,677

$ 1,111

$ —

$ 5,788

Henderson Beach Resort

365

$ 42,287

$ 4,961

$ 3,906

$ —

$ 8,867

Henderson Park Inn

365

$ 8,769

$ 2,286

$ 899

$ —

$ 3,185

Hilton Boston Downtown/Faneuil Hall

365

$ 37,420

$ 8,194

$ 4,118

$ —

$ 12,312

Hilton Burlington Lake Champlain

365

$ 21,836

$ 6,464

$ 2,262

$ —

$ 8,726

Hilton Garden Inn New York/Times Square Central

365

$ 29,078

$ 6,610

$ 2,517

$ —

$ 9,127

Hotel Clio

365

$ 26,726

$ 966

$ 3,405

$ 2,588

$ 19

$ 6,978

Hotel Emblem San Francisco

365

$ 6,927

$ (362)

$ 1,187

$ —

$ 825

Hotel Palomar Phoenix

365

$ 20,622

$ 2,387

$ 2,722

$ —

$ 729

$ 5,838

Kimpton Fort Lauderdale Beach Resort

275

$ 5,224

$ (925)

$ 911

$ —

$ (14)

Kimpton Shorebreak Resort

365

$ 23,015

$ 6,987

$ 1,590

$ —

$ 8,577

L’Auberge de Sedona

365

$ 34,564

$ 10,417

$ 1,475

$ —

$ 11,892

Lake Austin Spa Resort

$ 1,944

$ 132

$ 212

$ —

$ 344

Margaritaville Beach House Key West

365

$ 31,866

$ 10,145

$ 3,182

$ —

$ 13,327

Orchards Inn Sedona

365

$ 9,124

$ 2,304

$ 343

$ —

$ 168

$ 2,815

Renaissance Charleston Historic District Hotel

365

$ 23,340

$ 8,677

$ 1,813

$ —

$ 10,490

Salt Lake City Marriott Downtown at City Creek

365

$ 27,506

$ 5,400

$ 2,224

$ 1,803

$ 42

$ 9,469

The Gwen Hotel

365

$ 36,784

$ 8,372

$ 4,284

$ —

$ 12,656

The Hythe Vail

365

$ 41,726

$ 8,404

$ 4,783

$ —

$ 13,187

The Landing Lake Tahoe Resort & Spa

365

$ 12,269

$ 3,354

$ 1,015

$ —

$ 4,369

The Lodge at Sonoma Resort

365

$ 31,633

$ 5,607

$ 2,619

$ 870

$ —

$ 9,096

Tranquility Bay Beachfront Resort

360

$ 24,321

$ 6,429

$ 1,709

$ —

$ 8,138

Westin Boston Seaport District

365

$ 84,186

$ 3,105

$ 9,825

$ 8,148

$ (490)

$ 20,588

Westin Fort Lauderdale Beach Resort

365

$ 70,104

$ 20,129

$ 3,953

$ —

$ 24,082

Westin San Diego Bayview

365

$ 30,310

$ 3,794

$ 3,344

$ 2,177

$ —

$ 9,315

Westin Washington D.C. City Center

365

$ 24,956

$ (1,182)

$ 4,101

$ 1,806

$ —

$ 4,725

Worthington Renaissance Fort Worth Hotel

365

$ 42,510

$ 6,210

$ 4,446

$ 2,928

$ 5

$ 13,589

Total

$ 1,001,503

$ 173,046

$ 108,849

$ 23,983

$ 6,226

$ 312,105

Less: Non-Comparable Hotel ⁽²⁾

$ (5,224)

$ 925

$ (911)

$ —

$ 14

Add: Prior Ownership Results ⁽³⁾

$ 23,568

$ 6,721

$ 998

$ —

$ 7,719

Comparable Total

$ 1,019,847

$ 180,692

$ 108,936

$ 23,983

$ 6,226

$ 319,838

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