Diamondrock hospitality - reached settlement of its outstanding insurance claim related to hurricane irma

Diamondrock hospitality - reached definitive settlement of its outstanding insurance claim related to hurricane irma.diamondrock hospitality - in agreement, agreed to resolve claim for total insurance payments of $246.75 million, including $140.12 million paid to co to date.diamondrock hospitality - outstanding settlement payment to co of $106.63 million by insurers is required to be paid within 30 days.diamondrock hospitality - as a result of settlement, company will not recognize any additional business interruption proceeds related to claim.diamondrock hospitality - continues to forecast frenchman's reef and noni beach resorts will generate combined $25 million of ebitda upon stabilization.
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