RLJ Lodging Trust is a hotel investment company focused on acquiring premium-branded, focused service and compact full-service hotels. RLJ Lodging Trust has a portfolio of 149 properties, comprised of 147 hotels with approximately 23,100 rooms and two planned hotel conversions, 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 o... More >>
BETHESDA, Md.--(BUSINESS WIRE)--Aug. 5, 2014--
RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced that its
Board of Trustees declared a regular quarterly cash dividend of $0.30
per common share of beneficial interest. The dividend is payable on
October 15, 2014, to shareholders of record as of September 30, 2014.
"We are very pleased to be able to meaningfully increase our quarterly
dividend and continue to deliver positive shareholder...
BETHESDA, Md.--(BUSINESS WIRE)--Jul. 16, 2014--
RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced it will
report financial results for the second quarter ended June 30, 2014,
after the markets close on August 5, 2014. The Company will host a
conference call on August 6, 2014, 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 (8...
BETHESDA, Md.--(BUSINESS WIRE)--Jul. 15, 2014--
RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced that it
has acquired the 194-room Hyatt Atlanta Midtown (the “Hotel”) located in
Atlanta, GA for a purchase price of $49.5 million, or approximately
$255,000 per key. The purchase price represents a forward capitalization
rate of approximately 8.0% on the Hotel’s projected 2015 net operating
income. The Company purchased the Hotel with proceeds f...
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