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DiamondRock Acquires Asset
by Zacks Equity ResearchSeptember 14, 2010 | Comments : 0 Recommended this article: (0)
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DiamondRock Hospitality Co. (DRH - Snapshot Report), a real estate investment trust (REIT) that owns premium hotel properties, recently acquired Hilton Garden Inn Chelsea, New York City, for $68.4 million. With this acquisition, DiamondRock currently owns three hotels in New York City, one of the best hotel markets in the U.S.
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