RLJ RLJ Lodging Trust

RLJ Lodging Trust Announces the Appointment of Chad Perry as Executive Vice President and General Counsel

RLJ Lodging Trust (“RLJ” or the “Company”) (NYSE: RLJ) today announced the appointment of Chad D. Perry as Executive Vice President and General Counsel. Prior to his appointment, Mr. Perry served as Executive Vice President, General Counsel and Secretary of Tanger Factory Outlet Centers, Inc. (NYSE: SKT). In his role at RLJ, Mr. Perry will lead the Company’s legal department, reporting to President and Chief Executive Officer Leslie D. Hale.

“I am thrilled to welcome Chad to RLJ,” said Leslie D. Hale, RLJ’s President and CEO. “Chad has a strong track record of effectively overseeing legal affairs, corporate governance, and risk management, in addition to his extensive background in the REIT industry. Chad’s broad experience with corporate and securities matters as well as real estate and finance transactions, will greatly benefit RLJ. The addition of Chad, along with the recent elevation of Tom Bardenett to Chief Operating Officer, and promotions of Jeff Dauray and Kate Henriksen to Executive Vice President and Co-Chief Investment Officers, rounds out our talented team.”

Prior to his tenure as General Counsel at Tanger, Chad served as Deputy General Counsel at LPL Financial Holdings, Inc. (NASDAQ: LPLA) and was in private practice at the law firm of Ropes & Gray. He is a graduate of Princeton University and Columbia Law School.

About Us

RLJ Lodging Trust is a self-advised, publicly traded real estate investment trust that owns primarily premium-branded, high-margin, focused-service and compact full-service hotels. The Company's portfolio currently consists of 96 hotels with approximately 21,200 rooms, located in 23 states and the District of Columbia and an ownership interest in one unconsolidated hotel with 171 rooms.

Forward Looking Statements

This information contains certain statements, other than purely historical information, including estimates, projections, statements relating to the Company’s business plans, objectives and expected operating results, and the assumptions upon which those statements are based, that are “forward looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally are identified by the use of the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “plan,” “may,” “will,” “will continue,” “intend,” “should,” “may,” or similar expressions. Although the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, beliefs and expectations, such forward-looking statements are not predictions of future events or guarantees of future performance and our actual results could differ materially from those set forth in the forward-looking statements. Except as required by law, the Company undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise. The Company cautions investors not to place undue reliance on these forward looking statements and urges investors to carefully review the disclosures the Company makes concerning risks and uncertainties in the sections entitled “Risk Factors,” “Forward- Looking Statements,” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in the Company’s Annual Report, as well as risks, uncertainties and other factors discussed in other documents filed by the Company with the Securities and Exchange Commission.

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EN
14/06/2023

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Reports on RLJ Lodging Trust

 PRESS RELEASE

RLJ Lodging Trust Reports First Quarter 2024 Results

BETHESDA, Md.--(BUSINESS WIRE)-- RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today reported results for the three months ended March 31, 2024. Highlights Portfolio Comparable RevPAR of $137.88; an increase of 1.0% from last year Total Revenue of $324.4 million; an increase of 3.1% from last year Net income of $4.7 million Comparable Hotel EBITDA of $88.9 million Adjusted EBITDA of $79.6 million Adjusted FFO per diluted common share and unit of $0.33 Addressed all 2024 debt maturities “Our first quarter RevPAR growth came in line with our expectations given the holid...

 PRESS RELEASE

RLJ Lodging Trust Announces Dividends for First Quarter of 2024

BETHESDA, Md.--(BUSINESS WIRE)-- RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced that its Board of Trustees has declared a quarterly cash dividend of $0.10 per common share of beneficial interest. The dividend is payable on April 15, 2024, to shareholders of record as of March 29, 2024. The Board of Trustees also declared a quarterly cash dividend of $0.4875 on the Company’s Series A Preferred Shares. The dividend is payable on April 30, 2024, to shareholders of record as of March 29, 2024. About Us RLJ Lodging Trust is a self-advised, publicly traded real estate investment t...

 PRESS RELEASE

RLJ Lodging Trust Announces First Quarter 2024 Earnings Release and Co...

BETHESDA, Md.--(BUSINESS WIRE)-- RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced it will report financial results for the first quarter ended March 31, 2024, after the markets close on May 1, 2024. The Company will also host a conference call on May 2, 2024, at 10:00 a.m. (Eastern Time). The Company recommends that you dial in approximately 10 minutes before the call. The conference call can be accessed by dialing (877) 407-3982 or (201) 493-6780 for international participants and requesting RLJ Lodging Trust’s first quarter earnings conference call. A replay of the call will...

 PRESS RELEASE

RLJ Lodging Trust Reports Fourth Quarter and Full Year 2023 Results

BETHESDA, Md.--(BUSINESS WIRE)-- RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today reported results for the three months and year ended December 31, 2023. Fourth Quarter Highlights Portfolio Comparable RevPAR of $133.84 Total Revenue of $319.7 million Net income attributable to common shareholders of $1.7 million Net income per diluted share attributable to common shareholders of $0.01 Adjusted EBITDA of $79.2 million Adjusted FFO per diluted common share and unit of $0.34 Repurchased 0.9 million common shares for $9.9 million at an average price per share of $10.69 ...

 PRESS RELEASE

RLJ Lodging Trust Announces Tax Treatment of 2023 Dividends

BETHESDA, Md.--(BUSINESS WIRE)-- RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced the 2023 tax classification of the dividend distributions made to the Company’s holders of its common shares of beneficial interest and Series A Preferred Shares during the year ended December 31, 2023. The income tax classification as expected to be reported on Form 1099-DIV is as follows: Common Stock (CUSIP # 74965L101): Record Date Payment Date TotalDistribution PerShare Total DistributionAllocable to 2023 OrdinaryNon-QualifyingDividend QualifyingDividend EligibleSec. 199ADividend ...

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