UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT PURSUANT TO
SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported):  January 27, 2006

DiamondRock Hospitality Company


(Exact name of registrant as specified in charter)

 

 

 

 

 

Maryland

 

001-32514

 

20-1180098


 


 


(State or Other Jurisdiction
of Incorporation)

 

(Commission
File Number)

 

(IRS Employer
Identification No.)

 

 

 

 

 

6903 Rockledge Drive, Suite 800
Bethesda,  MD 20817

(Address of Principal Executive Offices)  (Zip Code)

 

10400 Fernwood Road, Suite 300
Bethesda, MD 20817

(Former Address of Principal Executive Offices)(Former Zip Code)

 

(240) 744-1150

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

 

o

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

 

o

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

 

o

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 



ITEM 8.01.  Other Events

The information in this Current Report on Form 8-K is furnished under Item 8.01 – “Other Events.”  Such information, including the exhibits attached hereto, shall not be deemed to be “filed” for any purpose, including for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section.  The information in this Current Report on Form 8-K shall not be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act regardless of any general incorporation language in such filing.

On January 27, 2006, DiamondRock Hospitality Company (the “Company”) issued a press release announcing the tax treatment of its dividends for 2005.  The press release is attached hereto as Exhibits 99.1 and is incorporated by reference herein.

ITEM 9.01.  Financial Statements and Exhibits.

          (d)     Exhibits.

          99.1     Press Release dated January 27, 2006.



SIGNATURE

          Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

DIAMONDROCK HOSPITALITY COMPANY

 

 

 

 

 

 

Date:  January 27, 2006

By:

/s/ Michael D. Schecter

 

 


 

 

Michael D. Schecter

 

 

General Counsel and Secretary



EXHIBIT INDEX

Exhibit No.

 

Description


 


99.1

 

Press release dated January 27, 2006.



Exhibit 99.1

Message

          DiamondRock Hospitality Announces Tax Treatment of its 2005 Dividends

          BETHESDA, Md., Jan. 27 /PRNewswire-FirstCall/ -- DiamondRock Hospitality Company (“DiamondRock”) (NYSE: DRH), a real estate investment trust, announced today the following tax treatment of its 2005 distributions.

          Common Shares (CUSIP Numbers: 252784301, 252784103, 252784202, U25268100)

 

 

 

 

 

 

 

 

2005 taxable Dividends

 

2005 Non-
Taxable
Dividends

 

 

 

 

 

 

 

 

 


 


 

Record
Date

 

Payable
Date

 

Total Cash
Distribution
per
Share

 

Taxable as
Ordinary
Income per
Share

 

Taxable as
Qualified
Dividend per
Share

 

Return of
Capital per
Share

 


 


 


 


 


 


 

6/17/05

 

 

6/28/05

 

$

0.032600

 

$

0.027702

 

$

0.004898

 

$

0.000000

 

9/09/05

 

 

9/27/05

 

$

0.172500

 

$

0.146583

 

$

0.025917

 

$

0.000000

 

12/30/05

 

 

1/17/06

 

$

0.090623

 

$

0.077008

 

$

0.013615

 

$

0.000000

 

Totals

 

 

 

 

$

0.295723

 

$

0.251293

 

$

0.044430

 

$

0.000000

 

          The table above reflects the treatment of the dividends for the 2005 tax year. A total of 52.5352% (or $0.090623 per share) of the distributions paid on January 17, 2006 to shareholders of record on December 30, 2005 are considered 2005 distributions for federal income tax purposes. The balance of the January 17, 2006 distribution (47.4748% or $0.081877 per share) will be considered a 2006 distribution and will be reported in a manner to be determined with respect to the 2006 tax year. Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of DiamondRock distributions.

          About DiamondRock Hospitality Company

          DiamondRock Hospitality Company is a self-advised real estate company that owns and acquires upper upscale and upscale hotel properties located in North America and operated under nationally recognized brand names. To a lesser extent, it acquires premium limited-service and extended-stay hotel properties in urban locations. DiamondRock has a strategic acquisition sourcing relationship with Marriott International. DiamondRock owns 15 hotels with 6,119 rooms in 10 States and one U.S. territory. For more information about DiamondRock or to receive future press releases, please see the Company’s website at http://www.drhc.com.

SOURCE  DiamondRock Hospitality Company
          -0-                                        01/27/2006
          /CONTACT:  Mark Brugger of DiamondRock Hospitality Company,
+1-240-744-1150, info@drhc.com/
          /Photo:  http://www.newscom.com/cgi-bin/prnh/20040708/DCTH028
                         AP Archive:  http://photoarchive.ap.org
                          PRN Photo Desk photodesk@prnewswire.com/
          /Web site:  http://www.drhc.com /