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Troy Furbay

Chief Investment Officer at DiamondRock Hospitality

Troy Furbay was the Chief Investment Officer at DiamondRock Hospitality, a leading lodging-focused publicly traded REIT, from April 2014 to April 2024.1 With over 25 years of experience in the hospitality and real estate industries, Furbay led the company's investment strategy, acquisition, disposition, and capital investment functions.1

During his tenure at DiamondRock, Furbay:

  1. Orchestrated acquisitions totaling approximately $1.3 billion
  2. Facilitated the sale of over $700 million in non-strategic assets
  3. Strategically shifted the company's focus towards increased exposure in resorts, lifestyle, luxury, and independent hotels

Prior to joining DiamondRock, Furbay held notable positions including:

  • Chief Investment Officer at Loews Hotels, where he led investments exceeding $650 million in luxury hotel acquisitions and new construction
  • Senior Vice President of Acquisitions & Development at Kimpton Hotels, directing approximately $600 million of the company's private equity funds

Furbay's expertise spans multiple hospitality asset classes and market sectors, with a proven track record in investment, development, and asset management.1

As of April 15, 2024, DiamondRock Hospitality Company announced leadership changes, and Troy Furbay departed from his role as Executive Vice President and Chief Investment Officer.234

Highlights

May 6 · costar.com
Under New Leadership, DiamondRock Refines Investment Strategy
Apr 16 · hotelbusiness.com
DiamondRock restructures C-suite - hotelbusiness.com
Apr 15 · prnewswire.com
DiamondRock Hospitality Company Implements Leadership ...

Related Questions

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What was Troy Furbay's role at Loews Hotels before joining DiamondRock Hospitality?
How has Troy Furbay's career evolved over the past 25 years in the hospitality industry?
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Troy Furbay
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Location

Washington DC-Baltimore Area