2014 Press Releases

Webcast ImageWebcast
Q2 2014 RLJ Lodging Trust Earnings Conference Call (Replay)
08/06/14 at 10:00 a.m. ET
Q2 2014 RLJ Lodging Trust Earnings Conference Call
Wednesday, August 6, 2014 10:00 a.m. ET  
Webcast PresentationHelp Help
Click here for webcast
Add to CalendarHelp Help
Add to Calendar Click here to add this event to your calendar
Webcast ImageWebcast
Q3 2014 RLJ Lodging Trust Earnings Conference Call (Live)
11/04/14 at 11:00 a.m. ET
Q3 2014 RLJ Lodging Trust Earnings Conference Call
Tuesday, November 4, 2014 11:00 a.m. ET  
Webcast PresentationHelp Help
Click here for webcast
Add to CalendarHelp Help
Add to Calendar Click here to add this event to your calendar
Keyword Search
 
2014 | 2013 | 2012 | 2011
DateTitle 
10/21/14RLJ Lodging Trust Completes $143 Million Secured Financing
BETHESDA, Md.--(BUSINESS WIRE)--Oct. 21, 2014-- RLJ Lodging Trust (the "Company") (NYSE:RLJ) today announced that it successfully completed a $143.0 million secured financing with Wells Fargo Bank, N.A. “This transaction further strengthens our balance sheet and exemplifies our active balance sheet management," said Thomas J. Baltimore, Jr., President and Chief Executive Officer. “A favorable lending environment coupled with our strong ban... 
Printer Friendly Version
10/20/14RLJ Lodging Trust Sets Dates for Third Quarter 2014 Earnings Release and Conference Call
BETHESDA, Md.--(BUSINESS WIRE)--Oct. 20, 2014-- RLJ Lodging Trust (the “Company”) (NYSE:RLJ) today announced it will report financial results for the third quarter ended September 30, 2014, after the markets close on November 3, 2014. The Company will host a conference call on November 4, 2014, at 11:00 a.m. (Eastern Time). The Company recommends that you dial in approximately 10 minutes before the call. The conference call can be accessed by dia... 
Printer Friendly Version
10/07/14RLJ Lodging Trust Announces the Reopening of the Residence Inn Atlanta Midtown/Georgia Tech
BETHESDA, Md.--(BUSINESS WIRE)--Oct. 7, 2014-- RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced that it has reopened its Residence Inn Atlanta Midtown/Georgia Tech (the “Hotel”) located in Atlanta, GA. The Hotel was closed for a comprehensive renovation which included adding 12 rooms and upgrading all the guestrooms and public spaces. “We are excited to reopen this great asset,” commented Thomas J. Baltimore, Jr., President an... 
Printer Friendly Version
09/15/14RLJ Lodging Trust Acquires the DoubleTree Grand Key Resort for $77 Million
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... 
Printer Friendly Version
08/05/14RLJ Lodging Trust Increase its Third Quarter Dividend 36%
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... 
Printer Friendly Version
08/05/14RLJ Lodging Trust Reports Second Quarter 2014 Results
... 
Printer Friendly Version
07/16/14RLJ Lodging Trust Sets Dates for Second Quarter 2014 Earnings Release and Conference Call
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... 
Printer Friendly Version
07/15/14RLJ Lodging Trust Acquires the Hyatt Atlanta Midtown for $49.5 Million
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... 
Printer Friendly Version
06/23/14RLJ Lodging Trust Announces Closing of Hilton Cabana Miami Beach Acquisition
BETHESDA, Md.--(BUSINESS WIRE)--Jun. 23, 2014-- RLJ Lodging Trust (the “Company”) (NYSE:RLJ) today announced that it has closed on the previously announced acquisition of the 231-room Hilton Cabana Miami Beach (the “Hotel”) for $71.6 million, or approximately $310,000 per key. The purchase price represents a forward capitalization rate of approximately 8.5% on the Hotel’s projected 2015 net operating income. “We are very excited to close o... 
Printer Friendly Version
06/19/14RLJ Lodging Trust Continues Capital Recycling Program – Sells Additional Non-Strategic Hotel for $13.5 Million
BETHESDA, Md.--(BUSINESS WIRE)--Jun. 19, 2014-- RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced that the Company has sold an additional hotel. The Company sold the 194-room Holiday Inn Austin NW Arboretum Area (the “Hotel”) in Austin, Texas for approximately $13.5 million, or $70,000 per key. The sale price represents approximately a 7.9% capitalization rate on the Hotel’s 2014 net operating income, fully loaded for pending capital expendit... 
Printer Friendly Version
06/13/14RLJ Lodging Trust Announces Dividend for the Second Quarter 2014
BETHESDA, Md.--(BUSINESS WIRE)--Jun. 13, 2014-- RLJ Lodging Trust (the “Company”) (NYSE:RLJ) today announced that its Board of Trustees declared a regular quarterly cash dividend of $0.22 per common share of beneficial interest. The dividend is payable on July 15, 2014, to shareholders of record as of June 30, 2014. Based on the Company’s common stock closing price of $27.74 on June 12, 2014, the annualized dividend represents a 3.2% yield. ... 
Printer Friendly Version
05/28/14RLJ Lodging Trust Announces Exercise of Underwriters’ Option to Purchase Additional Shares and Subsequent Closing of Public Offering of Common Shares
BETHESDA, Md.--(BUSINESS WIRE)--May 28, 2014-- RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced the completion of its underwritten public offering of 9,200,000 common shares of beneficial interest at a public offering price of $26.45 per share. The total shares sold include 1,200,000 common shares sold pursuant to the full exercise of the underwriters' option to purchase additional common shares. Net proceeds from the public offering after ... 
Printer Friendly Version
05/23/14RLJ Lodging Trust Continues to Expand on the West Coast: Acquires Two Assets for $120 Million
BETHESDA, Md.--(BUSINESS WIRE)--May 23, 2014-- RLJ Lodging Trust (the “Company”) (NYSE:RLJ) today announced that it acquired two West Coast hotels, the 256-room Courtyard Portland City Center in Portland, Oregon, and the 293-room Embassy Suites Irvine Orange County in Irvine, California, in an off-market transaction. The combined purchase price is $120.0 million, or approximately $219,000 per key. The purchase price represents a forward capitalization ra... 
Printer Friendly Version
05/22/14RLJ Lodging Trust Announces Pricing of Upsized Public Offering of 8,000,000 Million Common Shares
BETHESDA, Md.--(BUSINESS WIRE)--May 22, 2014-- RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced it has priced an underwritten public offering of 8,000,000 common shares of beneficial interest at a public offering price of $26.45 per share, for net proceeds of approximately $202.3 million, after deducting the underwriting discount and other estimated offering costs. The offering was upsized from an original amount of 7,500,000 common shares t... 
Printer Friendly Version
05/21/14RLJ Lodging Trust Announces Public Offering of Common Shares
BETHESDA, Md.--(BUSINESS WIRE)--May 21, 2014-- RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced the commencement of an underwritten public offering of 7,500,000 common shares of beneficial interest. The Company intends to grant the underwriters of the offering a 30-day option to purchase up to an additional 1,125,000 common shares. The Company intends to use the net proceeds from the offering to fund potential acquisitions and... 
Printer Friendly Version
05/07/14RLJ Lodging Trust Reports First Quarter 2014 Results
... 
Printer Friendly Version
04/23/14RLJ Lodging Trust Sets Dates for First Quarter 2014 Earnings Release and Conference Call
BETHESDA, Md.--(BUSINESS WIRE)--Apr. 23, 2014-- RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced it will report financial results for the first quarter ended March 31, 2014, after the markets close on May 7, 2014. The Company will host a conference call on May 8, 2014, at 11:00 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 (877) 40... 
Printer Friendly Version
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 $... 
Printer Friendly Version
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... 
Printer Friendly Version
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 ... 
Printer Friendly Version
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... 
Printer Friendly Version
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... 
Printer Friendly Version
02/26/14RLJ Lodging Trust Reports Fourth Quarter and Full Year 2013 Results
... 
Printer Friendly Version
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 ... 
Printer Friendly Version
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... 
Printer Friendly Version
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 ... 
Printer Friendly Version
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:   ... 
Printer Friendly Version
null
Site Designed by DC Web Designers, a Washington DC web design company