DiamondRock Hospitality Company (NYSE:DRH) Q3 2023 Earnings Call Transcript

You’ll be hopefully past the peak of the Fed raising the rates. Hopefully, liquidity will get more robust in the debt markets. Today, it’s functioning, I would say, but it’s not robust. And those things should come together in the middle of next year, and I would imagine that, that will be a more optimal time for people and private equity to make aggressive decisions.

Mike Bellisario: Perfect. Thanks for that.

Operator: Thank you. And I see no further questions in the queue at this time. I will now turn the call back over to Mr. Mark Brugger for any closing remarks.

Mark Brugger: Thank you. For everyone on the call, we appreciate your interest in DiamondRock, and we look forward to updating you next quarter. Have a great day

Operator: Ladies and gentlemen, that does conclude the conference for today. Thank you for your participation. You may now disconnect.