RLJ Lodging Trust is a hotel investment company focused on acquiring premium-branded, focused service and compact full-service hotels. RLJ Lodging Trust owns 122 properties, with approximately 20,100 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)--Jan. 12, 2017--
RLJ Lodging Trust (the “Company”) (NYSE: RLJ), today announced it will
report financial results for the fourth quarter and full year ended
December 31, 2016, after the markets close on February 22, 2017. The
Company will host a conference call on February 23, 2017, at 10:00 a.m.
The Company recommends that you dial in approximately 10 minutes before
the call. The conference ca...
BETHESDA, Md.--(BUSINESS WIRE)--Dec. 16, 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
January 13, 2017, to shareholders of record as of December 30, 2016.
Based on the Company’s common stock closing price of $23.96 on December
15, 2016, the annualized $1.32 dividend represents a ...
BETHESDA, Md.--(BUSINESS WIRE)--Dec. 6, 2016--
RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced that it
has sold two hotels (the “Hotels”) in New York City for $286 million or
$494,500 per key. Separately, the Company sold one other hotel in
Bakersfield, CA for $13 million.
“We capitalized on the strong interest from international investors in
the New York City market to execute an opportunistic transaction,”
commented Ross H....
BETHESDA, Md.--(BUSINESS WIRE)--Nov. 28, 2016--
RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced the
election of Arthur (“Art”) Collins as a new member to its Board of
Trustees. Mr. Collins’ appointment became effective November 21, 2016,
increasing the size of the Company’s board from six to seven members.
“We are excited to have Art join our board,” commented Ross H. Bierkan,
President and Chief Executive Officer. “In addition to h...
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