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 150 properties, comprised of 148 hotels with more than 23,300 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 outle... More >>
BETHESDA, Md.--(BUSINESS WIRE)--Sep. 15, 2014--
RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced that it
has acquired the 215-room DoubleTree Grand Key Resort (the “Hotel”)
located in Key West, FL for a purchase price of $77.0 million, or
approximately $358,000 per key.
“We are excited to add an additional Key West asset to our portfolio at
a significant discount to both replacement cost and recent per-key
trades,” commented T...
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...
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