RLJ Lodging Trust is a hotel investment company focused on acquiring premium-branded, focused service and compact full-service hotels. The Company’s portfolio consists of 150 hotels with approximately 28,600 rooms located in 25 states and the District of Columbia and an ownership interest in one unconsolidated hotel with 171 rooms. The company invests in focused service and compact full-service hotels, which typically generate most of their revenue from room rentals, have limited food and beverage out... More >>
Reduces borrowing costs and extends maturity dates
BETHESDA, Md.--(BUSINESS WIRE)--Apr. 8, 2019--
RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced that it
has recently closed on two refinancing transactions, which consist of
New $200.0 million five-year floating rate mortgage loan maturing in
April 2024 (the “$200 Million Loan”), inclusive of extension options.
The $200 Million Loan was origina...
BETHESDA, Md.--(BUSINESS WIRE)--Apr. 5, 2019--
RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced it will
report financial results for the first quarter ended March 31, 2019,
after the markets close on May 8, 2019. The Company will also host a
conference call on May 9, 2019, 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...
BETHESDA, Md.--(BUSINESS WIRE)--Mar. 15, 2019--
RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced that its
Board of Trustees has declared a regular quarterly cash dividend of
$0.33 per common share of beneficial interest. The dividend is payable
on April 15, 2019, to shareholders of record as of March 29, 2019. Based
on the Company’s common stock closing price of $18.27 on March 14, 2019,
the annualized $1.32 dividend represents a 7.2% yield....
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