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News Briefs – 10/16 (access required)

Posted: 1:00 am Thu, October 16, 2008
By admin

DiamondRock sees downturnDiamondRock Hospitality Co., of Bethesda, a real estate investment trust focused on high-end hotels, said third-quarter funds from operations fell nearly 9 percent as demand for its hotel rooms declined amid a tough economic environment. For the fiscal quarter ended Sept. 5, FFO fell to $30.5 million, or 33 cents per diluted share, ...

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