reports
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...
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...
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 ...
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 ...
RLJ Lodging Trust’s Zachari Dunes on Mandalay Beach Hotel Named ‘Best ...
BETHESDA, Md.--(BUSINESS WIRE)-- RLJ Lodging Trust (the “Company”) (NYSE: RLJ) is pleased to announce that the Company’s Zachari Dunes on Mandalay Beach, Curio Collection by Hilton hotel has been named the ‘’ for 2023 by USA Today. The 250-room, all-suite lifestyle resort underwent a transformative renovation and repositioning in 2022. “We are appreciative of USA Today and its readers for recognizing Zachari Dunes as the Best New Hotel Across the US in 2023,” commented Leslie D. Hale, President and Chief Executive Officer. “This award is an endorsement of the RLJ team’s ability to identify a...
RLJ Lodging Trust Announces Fourth Quarter and Full Year 2023 Earnings...
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, 2023, after the markets close on February 26, 2024. The Company will also host a conference call on February 27, 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 third quarter earnings conference call...
RLJ Lodging Trust Announces Dividends for Fourth Quarter of 2023
BETHESDA, M.D.--(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 January 16, 2024, to shareholders of record as of December 29, 2023. 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, 2024, to shareholders of record as of December 29, 2023. About Us RLJ Lodging Trust is a self-advised, publicly traded real estate...
RLJ Lodging Trust: 1 director
A director at RLJ Lodging Trust sold 39,594 shares at 9.870USD and the significance rating of the trade was 68/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearl...
RLJ Lodging Trust Provides Update on its Embedded Value Creation Initi...
BETHESDA, Md.--(BUSINESS WIRE)-- RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today provided an update to its embedded value creation initiatives. These initiatives include two new conversions in 2024, bringing the total completed and announced brand conversions and repositionings to eight hotels. The Company has published a presentation that provides details on these initiatives that is available through the Investor Relations section of its website at . About Us RLJ Lodging Trust is a self-advised, publicly traded real estate investment trust that owns primarily premium-branded, high-...
RLJ Lodging Trust Reports Third Quarter 2023 Results
BETHESDA, Md.--(BUSINESS WIRE)-- RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today reported results for the three and nine months ended September 30, 2023. Third Quarter Highlights Portfolio Comparable RevPAR of $141.81; an increase of 3.4% from last year, led by both Occupancy and ADR growth Total revenue of $334.4 million Net income per diluted share attributable to common shareholders of $0.06 Comparable Hotel EBITDA of $98.1 million Adjusted EBITDA of $88.8 million Adjusted FFO per diluted common share and unit of $0.40 Continued to repurchase common shares, repurc...
RLJ Lodging Trust Announces Dividends for Third Quarter of 2023
BETHESDA, Md.--(BUSINESS WIRE)-- RLJ Lodging Trust (the “Company”) (NYSE: RLJ) previously announced in its Q2 2023 Earnings Release that its Board of Trustees had declared a quarterly cash dividend of $0.10 per common share of beneficial interest. The dividend is payable on October 16, 2023, to shareholders of record as of September 29, 2023. 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, 2023, to shareholders of record as of September 29, 2023. About Us RLJ Lodging Trust is a...
RLJ Lodging Trust Sets Dates for Third Quarter 2023 Earnings Release a...
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, 2023, after the markets close on November 1, 2023. The Company will also host a conference call on November 2, 2023, 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 third quarter earnings conference call. A replay of...
RLJ Lodging Trust Reports Second Quarter 2023 Results
BETHESDA, Md.--(BUSINESS WIRE)-- RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today reported results for the three and six months ended June 30, 2023. Second Quarter Highlights Portfolio Comparable RevPAR of $152.89; an increase of 4.5% from last year Total revenue of $357.0 million Net income of $41.7 million Net income per diluted share attributable to common shareholders of $0.22 Comparable Hotel EBITDA of $122.8 million Adjusted EBITDA of $113.8 million Adjusted FFO per diluted common share and unit of $0.56 Recast $600.0 million senior unsecured revolving credit...
RLJ Lodging Trust’s Boutique Nashville Hotel to Join Hilton’s Tapestry...
BETHESDA, Md.--(BUSINESS WIRE)-- RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced that its Nashville property is joining the Tapestry Collection by Hilton. The 124-room property will undergo a comprehensive renovation next year and relaunch as a rebranded lifestyle boutique hotel within the Tapestry Collection by Hilton. This marks the Company’s third conversion in 2023, joining previously announced conversions in New Orleans and Houston, and building on its three successful 2022 completed conversions. “The affiliation with the Tapestry Collection allows this outstanding lifesty...
RLJ Lodging Trust Sets Dates for Second Quarter 2023 Earnings Release ...
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, 2023, after the markets close on August 3, 2023. The Company will also host a conference call on August 4, 2023, 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...
RLJ Lodging Trust Announces Dividends for Second Quarter of 2023
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 $0.08 per common share of beneficial interest. The dividend is payable on July 17, 2023, to shareholders of record as of June 30, 2023. 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, 2023, to shareholders of record as of June 30, 2023. About Us RLJ Lodging Trust is a self-advised, publicly traded real estate investment tru...
RLJ Lodging Trust Announces the Appointment of Chad Perry as Executive...
BETHESDA, Md.--(BUSINESS WIRE)-- 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 o...
RLJ Lodging Trust Successfully Refinances $600 Million Senior Unsecure...
BETHESDA, Md.--(BUSINESS WIRE)-- RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced that it successfully recast its $600.0 million senior unsecured revolving credit facility (the “Revolver”) and entered into a new $225.0 million senior unsecured term loan (the “Term Loan”). “These transactions underscore our approach to prudently managing our balance sheet by continuing to improve the laddering of our maturities and reducing our floating interest rate exposure in an uncertain environment,” commented Leslie D. Hale, President and Chief Executive Officer. “Being able to add incremen...
RLJ Lodging Trust Reports First Quarter 2023 Results
BETHESDA, Md.--(BUSINESS WIRE)-- RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today reported results for the three months ended March 31, 2023. First Quarter And Year To Date Highlights Portfolio Comparable RevPAR of $136.45, an increase of 27.0% from Q1 2022 and achieved 95% of the comparable period in 2019 Total revenue of $314.5 million Net income of $10.5 million Net income per diluted share attributable to common shareholders of $0.03 Comparable Hotel EBITDA of $90.9 million Adjusted EBITDA of $82.7 million Adjusted FFO per diluted common share and unit of $0.35 ...
RLJ Lodging Trust Announces First Quarter 2023 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, 2023, after the markets close on May 4, 2023. The Company will also host a conference call on May 5, 2023, 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 b...
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