Feb. 20 at 1:50 PM
$DRH: Diamondrock Hospitality completed the sale of Westin Washington, D.C. City Center for a contract price of
$92.0 mln; plans to prudently redeploy the proceeds.
"The sale of the Westin D.C. City Center marks an important step in our strategy to drive long-term earnings and cash flow per share growth and we plan to prudently redeploy the proceeds to create exceptional value for our shareholders."