2014 Press Releases

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03/27/14RLJ Lodging Trust Continues Capital Recycling Program – Sells Additional Hotel for $14.1 Million
BETHESDA, Md.--(BUSINESS WIRE)--Mar. 27, 2014-- RLJ Lodging Trust (the “Company”) (NYSE:RLJ) today announced that the Company has sold an additional non-strategic hotel. The Company sold the 182-room Hilton Mystic (the “Hotel”) located in Mystic, Connecticut for approximately $14.1 million or $77,200 per key. The sale price represents approximately a 7.4% capitalization rate on the Hotel’s projected 2014 net operating income, adjusted for approximately $... 
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03/14/14RLJ Lodging Trust Announces Dividend for the First Quarter 2014
BETHESDA, Md.--(BUSINESS WIRE)--Mar. 14, 2014-- RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced that its Board of Trustees declared a regular quarterly cash dividend of $0.220 per common share of beneficial interest. The dividend is payable on April 15, 2014, to shareholders of record as of March 31, 2014. The Company’s $0.220 quarterly cash dividend represents an increase of $0.015, or approximately 7.3%, over the Company’s 2013 fo... 
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03/13/14RLJ Lodging Trust Announces Closing of $313 Million, 10-Hotel Portfolio Acquisition from Affiliates of Hyatt Hotels Corporation
BETHESDA, Md.--(BUSINESS WIRE)--Mar. 13, 2014-- RLJ Lodging Trust (NYSE: RLJ) (“RLJ”) and Hyatt Hotels Corporation (NYSE: H) (“Hyatt”) today announced that their affiliates have closed on the previously announced purchase and sale of 10 Hyatt, Hyatt Place and Hyatt House hotels, totaling 1,560 rooms. Hyatt affiliates will manage the hotels under new management agreements. The portfolio, which is comprised of the hotels listed below and located ... 
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03/04/14RLJ Lodging Trust Sets Key Dates for 2014 Annual Shareholder Meeting
BETHESDA, Md.--(BUSINESS WIRE)--Mar. 4, 2014-- RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced that it will host its Annual Shareholder Meeting. The time and venue of the 2014 Annual Shareholder Meeting are as follows:     Date: Fr... 
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03/03/14RLJ Lodging Trust Continues Capital Recycling Program – Sells Additional Hotel for $15.7 Million
BETHESDA, Md.--(BUSINESS WIRE)--Mar. 3, 2014-- RLJ Lodging Trust (the “Company”) (NYSE:RLJ) today announced that the Company has sold an additional hotel. The Company sold the 150-room Hilton Garden Inn St. George (the “Hotel”) in St. George, Utah for approximately $15.7 million or $104,300 per key. The sale price represents approximately an 8.7% capitalization rate on the Hotel’s 2013 net operating income, adjusted for approximately $2.3 million of pend... 
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02/26/14RLJ Lodging Trust Reports Fourth Quarter and Full Year 2013 Results
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02/21/14RLJ Lodging Trust Sells Non-Strategic Portfolio of 11 Hotels
BETHESDA, Md.--(BUSINESS WIRE)--Feb. 21, 2014-- RLJ Lodging Trust (the “Company”) (NYSE:RLJ) today announced that the Company has closed on the sale of a portfolio of 11 hotels (the “Portfolio”) for approximately $85.0 million. The sale price represents approximately a 7.9% capitalization rate on the Portfolio’s estimated 2013 net operating income, adjusted for approximately $23.0 million of pending capital expenditures. “This transaction ... 
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02/14/14RLJ Lodging Trust Sets Dates for Fourth Quarter and Full Year 2013 Earnings Release and Conference Call
BETHESDA, Md.--(BUSINESS WIRE)--Feb. 14, 2014-- RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced it will report financial results for the fourth quarter and full year ended December 31, 2013, after the markets close on February 26, 2014. The Company will host a conference call on February 27, 2014, at 11:00 a.m. (Eastern Time). The Company recommends that you dial in approximately 10 minutes before the call. The conference cal... 
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02/06/14RLJ Lodging Trust Intends to Expand West Coast Presence with a $313 Million, 10-Hotel Portfolio Acquisition from Affiliates of Hyatt Hotels Corporation
BETHESDA, Md.--(BUSINESS WIRE)--Feb. 6, 2014-- RLJ Lodging Trust (NYSE: RLJ) (“RLJ”) and Hyatt Hotels Corporation (NYSE: H) (“Hyatt”) today announced that Hyatt affiliates have entered into a definitive purchase and sale agreement for RLJ to acquire a portfolio of 10 hotels totaling 1,560 rooms (the “Hyatt Portfolio”) consisting of Hyatt, Hyatt Place and Hyatt House hotels. A Hyatt affiliate will continue to manage the hotels under new management ... 
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01/31/14RLJ Lodging Trust Announces 2013 Dividend Income Tax Information
BETHESDA, Md.--(BUSINESS WIRE)--Jan. 31, 2014-- RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced the 2013 tax classification of the dividend distributions made to the Company’s holders of its common shares of beneficial interest. The income tax classification as expected to be reported on Form 1099-DIV for the Company’s common shares, CUSIP number 74965L101, is as follows:   ... 
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