RLJ Lodging Trust is a hotel investment company focused on acquiring premium-branded, focused service and compact full-service hotels. RLJ Lodging Trust owns 125 properties, with approximately 20,800 rooms, located in 21 states and the District of Columbia. 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 outlets and meeting space, and require fewer employees than larger hotels... More >>
BETHESDA, Md.--(BUSINESS WIRE)--Jun. 15, 2016--
RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced that its
Board of Trustees declared a regular quarterly cash dividend of $0.33
per common share of beneficial interest. The dividend is payable on July
15, 2016, to shareholders of record as of June 30, 2016.
Based on the Company’s common stock closing price of $20.54 on June 14,
2016, the annualized $1.32 dividend represents a 6.4% yield...
BETHESDA, Md.--(BUSINESS WIRE)--Apr. 28, 2016--
RLJ Lodging Trust (the “Company”) (NYSE:RLJ) today announced that it
successfully refinanced over $1.0 billion of debt consisting of a $400.0
million unsecured term loan (the “2013 Five-Year Term Loan”), a $400.0
million revolving credit facility (the “Revolver”), $148.5 million in
secured loans provided by Wells Fargo Bank, N.A., and an $85.0 million
secured loan provided by PNC Bank, N.A.
RLJ Lodging Trust Board Appoints Ross Bierkan, EVP & Chief Investment
Officer As Interim CEO
BETHESDA, Md.--(BUSINESS WIRE)--Apr. 27, 2016--
Robert L. Johnson, Executive Chairman of RLJ Lodging Trust
(NYSE:RLJ) announced today that the Board has received and accepted the
resignation of Thomas J. Baltimore, Jr., as President & CEO of RLJ
Lodging Trust. Mr. Baltimore is resigning to become President & CEO of
Hilton Worldwide’s planne...
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