BETHESDA, MD.—DiamondRock Hospitality Company announced it is the recipient of the National Association of Real Estate Investment Trusts’ (“NAREIT”) 2024 Leader in the Light Award for the lodging and resorts sector. The award recognizes member companies that demonstrate leadership in implementing sustainable and socially responsible investment and operating practices, good governance, and transparency.
The 2024 Leader in the Light Awards are based on the results of the Global Real Estate Sustainability Benchmark (GRESB) Annual Survey, as well as scored responses to supplemental questions by a panel of judges. The company participated in the 2024 GRESB Real Estate Assessment for the ninth consecutive year and achieved Sector Leader Status and a #1 ranking among hotel peers for the fifth consecutive year.
“We are extremely honored to receive NAREIT’s Leader in the Light award and also to be recognized by GRESB as a sector leader again. These acknowledgements highlight the company’s dedication to sustainable practices, social responsibility, and transparent governance,” said Jeffery Donnelly, CEO of DiamondRock Hospitality Company. “We believe that integrating these principles into our investment and operating practices not only benefits our stakeholders but also contributes to a healthier planet and stronger communities. We remain committed to driving meaningful progress and setting the standard for sustainable leadership in the hospitality industry.”
GRESB Real Estate Assessment (2024)
- Awarded Sector Leader status across multiple public and private sectors:
- Global Listed Sector Leader/Hotel
- Regional Listed Sector Leader/Americas/Hotel
- Regional Sector Leader Americas/Hotel
- Awarded 4 Green Stars and achieved Green Star status for 7th consecutive year
GRESB Public Disclosure (2024)
- Ranked 1st within the U.S. Hotels with a score of “A” compared to the Peer Group Average of “B” and the GRESB Global Average of “B”
The GRESB Real Estate Assessment is the investor-driven global ESG benchmark and reporting framework for listed property companies, private property funds, developers and investors that invest directly in real estate. The Assessment is shaped by what investors and the industry consider to be material issues in the sustainability performance of real estate investments. The methodology is consistent across different regions, investment vehicles and property types and aligns with international reporting frameworks.
