DIAMONDROCK HOSPITALITY COMPANY REPORTS FIRST QUARTER RESULTS

Hotel Adjusted EBITDA Reconciliation – First Quarter 2023

Net Income /
(Loss)

Plus:

Equals: Hotel
Adjusted EBITDA

Total Revenues

Depreciation

Interest Expense

Adjustments (1)

Atlanta Marriott Alpharetta

$ 4,017

$ 939

$ 364

$ —

$ 1,303

Bourbon Orleans Hotel

$ 5,064

$ 1,429

$ 837

$ —

$ 6

$ 2,272

Cavallo Point, The Lodge at the Golden Gate

$ 10,393

$ 894

$ 1,392

$ —

$ 94

$ 2,380

Chicago Marriott Downtown Magnificent Mile

$ 15,284

$ (2,595)

$ 3,654

$ 6

$ (397)

$ 668

Courtyard Denver Downtown

$ 2,198

$ 276

$ 377

$ —

$ 653

Courtyard New York Manhattan/Fifth Avenue

$ 3,263

$ (755)

$ 345

$ —

$ 253

$ (157)

Courtyard New York Manhattan/Midtown East

$ 6,206

$ (1,002)

$ 501

$ 886

$ —

$ 385

Embassy Suites by Hilton Bethesda

$ 2,565

$ (2,163)

$ 575

$ —

$ 1,477

$ (111)

Havana Cabana Key West

$ 4,001

$ 1,543

$ 278

$ —

$ 1,821

Henderson Beach Resort

$ 6,557

$ (1,008)

$ 999

$ —

$ (9)

Henderson Park Inn

$ 1,071

$ (249)

$ 252

$ —

$ 3

Hilton Boston Downtown/Faneuil Hall

$ 4,786

$ (1,544)

$ 1,124

$ —

$ (420)

Hilton Burlington Lake Champlain

$ 3,272

$ (430)

$ 568

$ —

$ 138

Hilton Garden Inn New York/Times Square Central

$ 4,752

$ (235)

$ 639

$ —

$ 404

Hotel Clio

$ 5,353

$ (921)

$ 862

$ 629

$ 5

$ 575

Hotel Emblem San Francisco

$ 2,001

$ (30)

$ 297

$ —

$ 267

Hotel Palomar Phoenix

$ 7,654

$ 1,981

$ 660

$ —

$ 181

$ 2,822

Kimpton Fort Lauderdale Beach Resort

$ 3,175

$ 583

$ 304

$ —

$ 887

Kimpton Shorebreak Resort

$ 4,527

$ 780

$ 412

$ —

$ 1,192

L’Auberge de Sedona

$ 6,862

$ 1,435

$ 361

$ —

$ 1,796

Lake Austin Spa Resort

$ 4,950

$ 456

$ 628

$ —

$ 1,084

Margaritaville Beach House Key West

$ 9,221

$ 4,078

$ 800

$ —

$ 4,878

Orchards Inn Sedona

$ 2,048

$ 439

$ 92

$ —

$ 42

$ 573

Renaissance Charleston Historic District Hotel

$ 5,401

$ 1,874

$ 465

$ —

$ 2,339

Salt Lake City Marriott Downtown at City Creek

$ 8,291

$ 2,492

$ 567

$ —

$ 11

$ 3,070

The Gwen Hotel

$ 5,589

$ (1,514)

$ 1,083

$ —

$ (431)

The Hythe Vail

$ 21,895

$ 10,653

$ 1,202

$ —

$ 11,855

The Landing Lake Tahoe Resort & Spa

$ 1,553

$ (560)

$ 223

$ —

$ (337)

The Lodge at Sonoma Resort

$ 6,105

$ 396

$ 657

$ —

$ 1,053

Tranquility Bay Beachfront Resort

$ 6,982

$ 2,039

$ 429

$ —

$ 2,468

Westin Boston Seaport District

$ 18,031

$ (1,865)

$ 2,470

$ 1,981

$ (122)

$ 2,464

Westin Fort Lauderdale Beach Resort

$ 22,987

$ 8,306

$ 1,054

$ —

$ 9,360

Westin San Diego Bayview

$ 8,700

$ 2,013

$ 855

$ —

$ 2,868

Westin Washington D.C. City Center

$ 6,707

$ (63)

$ 1,020

$ —

$ 957

Worthington Renaissance Fort Worth Hotel

$ 12,092

$ 1,907

$ 1,126

$ 712

$ —

$ 3,745

Total

$ 243,553

$ 29,579

$ 27,472

$ 4,214

$ 1,550

$ 62,816

Less: Non Comparable Hotel (2)

$ (3,175)

$ (583)

$ (304)

$ —

$ (887)

Comparable Total

$ 240,378

$ 28,996

$ 27,168

$ 4,214

$ 1,550

$ 61,929

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