Jeff Donnelly, CEO of DiamondRock Hospitality Co. (Nasdaq: DRH), sat down for a video interview at Nareit’s REITweek: 2026 Investor Convention in New York, June 1-4.
Donnelly famous that enterprise has been good to this point in 2026. “I feel we have come into this 12 months with much more conviction within the U.S. financial system, and I feel that is translating into the demand that we’re seeing in our portfolio.”
This 12 months additionally marks the primary time in 5 – 6 years when leisure, enterprise, and group journey are all delivering optimistic development on the similar time, he mentioned.
When it comes to particular occasions, Donnelly mentioned the FIFA World Cup will profit the portfolio. “I feel there’s some expectation that it will be extra strong, however what we’re seeing in our portfolio, I feel it will likely be a small addition, which is at all times good to have.”
Wanting forward, Donnelly pointed to a mix of favorable tailwinds, together with older individuals taking extra journeys as they age and a youthful technology in search of experiences over issues. “After which the absence of provide simply seems like we’re getting arrange once more for what we noticed final cycle, kind of this multi-year restoration in lodging,” he mentioned.
