Business View Caribbean | May 2021

8 BUSINESS VIEW CARIBBEAN MAY 2021 GLOBAL We welcome the opportunity to contribute to the long-term vibrancy of the St. Thomas economy, and look forward to working closely with U.S.V.I. officials and engaging with the people of St. Thomas as an important employer irreplaceable asset that we are thrilled to add to our portfolio. We welcome the opportunity to contribute to the long-term vibrancy of the St. Thomas economy, and look forward to working closely with U.S.V.I. officials and engaging with the people of St. Thomas as an important employer.” “We are delighted to consummate a transaction that enables DiamondRock to retain a financial interest in the future success of Frenchman’s Reef while advancing our strategy of increasing our portfolio focus on experiential drive- to resorts and lifestyle hotels,” said Mark W. Brugger, President and Chief Executive Officer of DiamondRock Hospitality Company. “We are confident Fortress will bring a dynamic and exciting vision to Frenchman’s Reef.” About Fortress Fortress Investment Group LLC is a leading, highly diversified global investment manager. Founded in 1998, Fortress manages $52.7 billion of assets under management as of December 31, 2020, on behalf of approximately 1,800 institutional clients and private investors worldwide across a range of credit and real estate, private equity and permanent capital investment strategies. About DiamondRock DiamondRock Hospitality Company is a self- advised real estate investment trust (REIT) that is an owner of a leading portfolio of geographically diversified hotels concentrated in top gateway markets and destination resort locations. The Company owns 30 premium quality hotels with over 9,600 rooms. The Company has strategically positioned its hotels to be operated both under leading global brand families as well as unique boutique hotels in the lifestyle segment. For further information on the Company and its portfolio, please visit DiamondRock Hospitality Company’s website at www.drhc.com .