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, 2025, before the markets open on May 5, 2025. The Company will also host a conference call on May 5, 2025, at 11:00 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 b...
BETHESDA, Md.--(BUSINESS WIRE)-- RLJ Lodging Trust (the “Company”) (NYSE: RLJ) announced today that following seven successful years at the Company, Sean M. Mahoney, the Company’s Executive Vice President and Chief Financial Officer will be retiring in May of this year after a dynamic career spanning over 30 years, including more than 20 years in the hospitality REIT industry. “On behalf of the Board of Trustees and the entire RLJ team, I want to thank Sean for his invaluable contributions during his tenure,” said Leslie D. Hale, President and Chief Executive Officer of the Company. “Sean has...
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 $0.15 per common share of beneficial interest. The dividend is payable on April 15, 2025, to shareholders of record as of March 31, 2025. 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, 2025, to shareholders of record as of March 31, 2025. About Us RLJ Lodging Trust is a self-advised, publicly traded real estate investment tr...
BETHESDA, Md.--(BUSINESS WIRE)-- RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today reported results for the three months and year ended December 31, 2024. Fourth Quarter Highlights Portfolio Comparable RevPAR of $137.53, an increase of 2.2% over the prior year Total Revenues of $330.0 million, an increase of 3.2% over the prior year Net loss attributable to common shareholders of $0.9 million Net loss per diluted share attributable to common shareholders of $0.01 Adjusted EBITDA of $81.1 million, an increase of 2.4% over the prior year Adjusted FFO per diluted common shar...
BETHESDA, Md.--(BUSINESS WIRE)-- RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced the 2024 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, 2024. The income tax classification as expected to be reported on Form 1099-DIV is as follows: Common Stock (CUSIP # 74965L101): RecordDate Payment Date Total DistributionPer Share Total DistributionAllocable to 2024 Ordinary Non-QualifyingDividend Capital GainsDividend EligibleSec. 199ADividend ...
BETHESDA, Md.--(BUSINESS WIRE)-- RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced it will report financial results for the fourth quarter and full year ended December 31, 2024, after the markets close on February 25, 2025. The Company will also host a conference call on February 26, 2025 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 fourth quarter earnings conference cal...
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 $0.15 per common share of beneficial interest. The dividend is payable on January 15, 2025, to shareholders of record as of December 31, 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 January 31, 2025, to shareholders of record as of December 31, 2024. About Us RLJ Lodging Trust is a self-advised, publicly traded real estate ...
BETHESDA, Md.--(BUSINESS WIRE)-- RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today reported results for the three and nine months ended September 30, 2024. Third Quarter Highlights Portfolio Comparable RevPAR of $145.23; an increase of 2.0% from last year Comparable Hotel Revenue of $344.7 million; an increase of 3.0% from last year Net Income of $20.6 million Comparable Hotel EBITDA of $100.7 million, an increase of 2.6% from last year Adjusted EBITDA of $91.9 million; an increase of 3.6% from last year Adjusted FFO per diluted common share and unit of $0.40 Repurchased 1.6 m...
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BETHESDA, Md.--(BUSINESS WIRE)-- RLJ Lodging Trust (the “Company”) (NYSE: RLJ) previously announced in its Q2 2024 Earnings Release that its Board of Trustees had declared a quarterly cash dividend of $0.15 per common share of beneficial interest. The dividend is payable on October 15, 2024, to shareholders of record as of September 30, 2024. The Board of Trustees had also declared a quarterly cash dividend of $0.4875 on the Company’s Series A Preferred Shares. The dividend is payable on October 31, 2024, to shareholders of record as of September 30, 2024. About Us RLJ Lodging Trust is a se...
BETHESDA, Md.--(BUSINESS WIRE)-- RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced it will report financial results for the third quarter ended September 30, 2024, after the markets close on November 6, 2024. The Company will also host a conference call on November 7, 2024 at 12:00 p.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 second quarter earnings conference call. A replay of...
BETHESDA, M.D.--(BUSINESS WIRE)-- RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced that it has acquired the fee simple interest in the 110-room Hotel Teatro in Denver (the “Hotel”) for a purchase price of $35.5 million. The Hotel was redeveloped into an independent boutique lifestyle hotel following the transformational conversion of the historic Denver Tramway Company office building, built circa 1911. The hotel is expected to generate over a 10% stabilized yield. This press release features multimedia. View the full release here: Hotel Teatro Exterior. (Photo: Business Wire) “W...
BETHESDA, Md.--(BUSINESS WIRE)-- RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today reported results for the three and six months ended June 30, 2024. Second Quarter Highlights Portfolio Comparable RevPAR of $157.30; an increase of 2.6% from last year Total Revenue of $369.3 million; an increase of 3.5% from last year Net Income of $37.3 million Comparable Hotel EBITDA of $118.6 million Adjusted EBITDA of $109.0 million Adjusted FFO per diluted common share and unit of $0.51 Acquired Hotel Teatro in Denver for $35.5 million Repurchased 0.3 million shares for approxim...
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 July 15, 2024, to shareholders of record as of June 28, 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 July 31, 2024, to shareholders of record as of June 28, 2024. About Us RLJ Lodging Trust is a self-advised, publicly traded real estate investment tru...
BETHESDA, Md.--(BUSINESS WIRE)-- RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced it will report financial results for the second quarter ended June 30, 2024, after the markets close on August 1, 2024. The Company will also host a conference call on August 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 second quarter earnings conference call. A replay of the ca...
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...
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...
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...
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 ...
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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