DiamondRock Hospitality Company and Fortress Investment Group LLC Announce a Transaction for the Frenchman's Reef Marriott Resort & Spa and Noni Beach, Autograph Collection Project in St. Thomas, U.S.V.I.
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Thursday, May 6, 2021
b"DiamondRock Hospitality Company (\xe2\x80\x9cDiamondRock\xe2\x80\x9d) (NYSE: DRH), announced today that it sold the 478-room Frenchman's Reef Marriott Resort & Spa and Noni Beach, Autograph Collection project in St. Thomas, U.S.V.I.
Key Points:
- b"DiamondRock Hospitality Company (\xe2\x80\x9cDiamondRock\xe2\x80\x9d) (NYSE: DRH), announced today that it sold the 478-room Frenchman's Reef Marriott Resort & Spa and Noni Beach, Autograph Collection project in St. Thomas, U.S.V.I.
- Under Fortress ownership, the Frenchman\xe2\x80\x99s Reef will complete a major rebuilding project and reopen as a global destination resort.\nThis press release features multimedia.
- \xe2\x80\x9cWe are confident Fortress will bring a dynamic and exciting vision to Frenchman\xe2\x80\x99s Reef\xe2\x80\x9d.\nFortress Investment Group LLC is a leading, highly diversified global investment manager.
- For further information on the Company and its portfolio, please visit DiamondRock Hospitality Company\xe2\x80\x99s website at www.drhc.com .\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210506006255/en/\n"