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 >>
BETHESDA, Md.--(BUSINESS WIRE)--Oct. 12, 2018--
RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced it will
report financial results for the third quarter ended September 30, 2018,
after the markets close on November 6, 2018. The Company will also host
a conference call on November 7, 2018, at 9:00 a.m. (Eastern Time).
The Company recommends that you dial in approximately 10 minutes before
the call. The conference call can be accessed b...
BETHESDA, Md.--(BUSINESS WIRE)--Oct. 3, 2018--
RLJ Lodging Trust (the “Company”) (NYSE:RLJ) today announced that the
Company has sold the 309-room DoubleTree by Hilton Burlington Vermont
(“Burlington”) for $35.0 million. Based on the trailing twelve months
ended August 2018, the sales price represents a 17.3x EBITDA multiple
and 4.5% capitalization rate, inclusive of required capital expenditures.
“The sale of Burlington at a highly attractive va...
BETHESDA, Md.--(BUSINESS WIRE)--Sep. 14, 2018--
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 October 15, 2018, to shareholders of record as of September 28, 2018.
Based on the Company’s common stock closing price of $22.26 on September
13, 2018, the annualized $1.32 dividend represents a 5...
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