| Date | Title | | | 12/27/12 | RLJ Lodging Trust Announces the Opening of Hotel Indigo New Orleans Garden District| BETHESDA, Md.--(BUSINESS WIRE)--Dec. 27, 2012--
RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced that it
has opened its Hotel Indigo New Orleans Garden District (the “Hotel”).
With the opening of this hotel, the Company has completed its seventh
and final brand conversion that was planned as part of its comprehensive
2011 and 2012 capital program.
“We are excited to open a uniquely designed upscale hotel in New
Orleans, a ... |
|  | | 12/14/12 | RLJ Lodging Trust Increases its Fourth Quarter 2012 Dividend| BETHESDA, Md.--(BUSINESS WIRE)--Dec. 14, 2012--
RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced that its
Board of Trustees declared a quarterly cash dividend of $0.205 per
common share of beneficial interest. The dividend is payable on January
15, 2013, to shareholders of record as of December 31, 2012.
The Company’s $0.205 cash dividend represents an increase of $0.04, or
approximately 24%, over the prior quarter’s $0.165 cash ... |
| | | 12/03/12 | RLJ Lodging Trust Announces Agreement to Acquire Hilton Cabana Miami Beach for $71.6 Million| BETHESDA, Md.--(BUSINESS WIRE)--Dec. 3, 2012-- RLJ Lodging Trust (the "Company") (NYSE: RLJ) today announced that it has entered into a purchase and sale agreement to acquire upon completion the 231-room Hilton Cabana Miami Beach (the "Hotel") for a fixed purchase price of $71.6 million, or approximately $310,000 per key.
The property opened as a hotel in the early 1950's and was closed and gutted in 2007 in anticipation of a condominium conversion. The conversion did not materialize and the p... |
| | | 11/26/12 | RLJ Lodging Trust Completes a $700 Million Unsecured Credit Facility|
-Transaction Upsized due to Excess Demand
-Significant Interest Expense Savings in 2013 of $8 Million to $10
Million
BETHESDA, Md.--(BUSINESS WIRE)--Nov. 26, 2012--
RLJ Lodging Trust (the "Company") (NYSE: RLJ) today announced that it
successfully completed a $700 million unsecured credit facility (the
"Facility") that is expandable to $1.2 billion. The Facility consists of
a five-year and a seven-year unsecured term loan for a... |
| | | 11/15/12 | RLJ Lodging Trust Enters the Boston Market – Acquires the Embassy Suites Boston/Waltham| BETHESDA, Md.--(BUSINESS WIRE)--Nov. 15, 2012--
RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced that it
acquired the 275-room Embassy Suites Boston/Waltham (the “Hotel”),
through an off-market transaction, for a purchase price of $64.5
million, or approximately $235,000 per key. The purchase price
represents a forward capitalization rate of approximately 7.9% on the
hotel's projected 2013 net operating income. The Company purchased this... |
| | | 11/07/12 | RLJ Lodging Trust Reports Third Quarter 2012 Results | | | 11/02/12 | RLJ Lodging Trust Sets Dates for Third Quarter 2012 Earnings Release and Conference Call| BETHESDA, Md.--(BUSINESS WIRE)--Nov. 2, 2012--
RLJ Lodging Trust (the “Company”) (NYSE: RLJ), today announced it will
report financial results for the third quarter ended September 30, 2012,
after the markets close on November 7, 2012. The Company will host a
conference call on November 8, 2012, 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 b... |
| | | 09/14/12 | RLJ Lodging Trust Announces Third Quarter 2012 Dividend| BETHESDA, Md.--(BUSINESS WIRE)--Sep. 14, 2012--
RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced that its
Board of Trustees declared a quarterly cash dividend of $0.165 per
common share of beneficial interest, payable on October 15, 2012, to
shareholders of record as of September 28, 2012.
Based on the Company’s common stock closing price of $18.98 on September
13, 2012, the annualized dividend represents a 3.5% yield.
... |
| | | 09/06/12 | RLJ Lodging Trust Wins “2011 Best Conversion” Awards for the Embassy Suites Hotels and Hilton Garden Inn Brands| BETHESDA, Md.--(BUSINESS WIRE)--Sep. 6, 2012--
RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced that
Hilton Worldwide (“Hilton”) selected the Company as a winner of the
“2011 Best Conversion” awards for the Embassy Suites Hotels and Hilton
Garden Inn brands.
“We value our long-standing relationship with Hilton and we are honored
to be the recipient of these awards,” said Thomas J. Baltimore, Jr.,
President and Chief Execut... |
| | | 08/07/12 | RLJ Lodging Trust Reports Second Quarter 2012 Results | | | 08/01/12 | RLJ Lodging Trust Sets Dates for Second Quarter 2012 Earnings Release and Conference Call| BETHESDA, Md.--(BUSINESS WIRE)--Aug. 1, 2012--
RLJ Lodging Trust (the “Company”) (NYSE: RLJ), today announced it will
report financial results for the second quarter ended June 30, 2012,
after the markets close on August 7, 2012. The Company will host a
conference call on August 8, 2012, 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 dialin... |
| | | 06/13/12 | RLJ Lodging Trust Announces Second Quarter 2012 Dividend| BETHESDA, Md.--(BUSINESS WIRE)--Jun. 13, 2012-- RLJ Lodging Trust (the "Company") (NYSE: RLJ) today announced that its Board of Trustees declared a quarterly cash dividend of $0.165 per common share of beneficial interest, payable on July 13, 2012, to shareholders of record as of June 29, 2012.
Based on the Company's common stock closing price of $18.31 on June 12, 2012, the annualized dividend represents a 3.6% yield.
About Us
RLJ Lodging Trust is a self-advised, publicly traded real esta... |
| | | 06/11/12 | RLJ Lodging Trust Acquires Another Gateway Asset - Hilton Garden Inn San Francisco/Oakland Bay Bridge for $36.2 Million| BETHESDA, Md.--(BUSINESS WIRE)--Jun. 11, 2012--
RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced that it
acquired the 278-room Hilton Garden Inn San Francisco Oakland/Bay Bridge
for a purchase price of $36.2 million, or approximately $130,000 per
key. The purchase price represents a forward capitalization rate of
approximately 9.4% on the hotel's projected 2013 net operating income.
The Company’s purchase price is considerably lower than... |
| | | 05/31/12 | RLJ Lodging Trust Acquires Two Focused-Service Hotels in the Key Gateway Markets of New York City and Washington, D.C. for $146.5 Million| BETHESDA, Md.--(BUSINESS WIRE)--May. 31, 2012-- RLJ Lodging Trust (the "Company") (NYSE: RLJ) today announced that it acquired two focused-service hotels, the 226-room Courtyard New York Manhattan/Upper East Side and the 187-room Residence Inn by Marriott Bethesda Hotel Downtown, for a combined total of $146.5 Million.
"We were able to leverage our extensive network and strong industry relationships to source and execute accretive transactions in key gateway cities," commented Thomas J. Baltim... |
| | | 05/22/12 | RLJ Lodging Trust Announces Completion of $85.0 Million Refinancing| BETHESDA, Md.--(BUSINESS WIRE)--May. 22, 2012-- RLJ Lodging Trust (the "Company") (NYSE: RLJ) today announced that it has completed its $85.0 million refinancing with PNC Bank, National Association.
"Our deal was well received and we were pleased by the strong interest from the lending community," commented Leslie D. Hale, Chief Financial Officer, Treasurer, and Senior Vice President. "Our balance sheet remains solid. We are well positioned to pursue our growth objectives through the liquidity... |
| | | 05/10/12 | RLJ Lodging Trust Reports First Quarter 2012 Results | | | 05/04/12 | RLJ Lodging Trust Sets Dates for First Quarter 2012 Earnings Release and Conference Call| BETHESDA, Md.--(BUSINESS WIRE)--May. 4, 2012-- RLJ Lodging Trust (the "Company") (NYSE: RLJ), today announced it will report financial results for the first quarter ended March 31, 2012, after the markets close on May 10, 2012. The Company will host a conference call on May 11, 2012, 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 (877) 705-6003 or (201) 493-6725 for international par... |
| | | 03/15/12 | RLJ Lodging Trust Announces a 10% Increase to First Quarter 2012 Dividend| BETHESDA, Md.--(BUSINESS WIRE)--Mar. 15, 2012-- RLJ Lodging Trust (the "Company") (NYSE: RLJ) today announced that its Board of Trustees declared a quarterly cash dividend of $0.165 per common share of beneficial interest, a 10% increase over the previous quarter. The dividend is payable on April 13, 2012, to shareholders of record as of March 30, 2012.
Based on the Company's common stock closing price of $17.36 on March 15, 2012, the annualized dividend represents a 3.8% yield.
About Us
R... |
| | | 03/07/12 | RLJ Lodging Trust Reports Fourth Quarter And Full Year 2011 Results|
- Pro forma full year RevPAR increases 7.7%
- Pro forma full year Hotel EBITDA Margin improves 106 basis
points to 33.4%
BETHESDA, Md.--(BUSINESS WIRE)--Mar. 7, 2012--
RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today reported results for
the quarter and year ended December 31, 2011.
This press release presents data combining the financial and operating
results of the Company’s predecessor entity prior to the consumma... |
| | | 03/05/12 | RLJ Lodging Trust Sets Key Dates for 2012 Annual Shareholder Meeting| BETHESDA, Md.--(BUSINESS WIRE)--Mar. 5, 2012-- RLJ Lodging Trust (the "Company") (NYSE: RLJ) today announced that it will host its first Annual Shareholder Meeting.
The time and venue of the 2012 Annual Shareholder Meeting are as follows:
Date:
Friday, May 4, 2012
Time:
8:30 a.m. Eastern Time
Venue:
Hyatt Regency Bethesda
One Bethesda Metro Center (7400 Wisconsin Ave)
Bethesda, Maryland 20814
The record date for dete... |
| | | 03/01/12 | RLJ Lodging Trust Sets Date for Fourth Quarter and Full Year 2011 Earnings Release and Conference Call| BETHESDA, Md.--(BUSINESS WIRE)--Mar. 1, 2012-- RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced it will report financial results for the fourth quarter and full year ended December 31, 2011, and provide its outlook for 2012 after the markets close on March 7, 2012. The Company will host a conference call on March 8, 2012, 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... |
| | | 01/31/12 | RLJ Lodging Trust Announces 2011 Dividend Income Tax Information| BETHESDA, Md.--(BUSINESS WIRE)--Jan. 31, 2012-- RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced the 2011 tax classification of the dividend distributions made to the Company’s holders of its common shares of beneficial interest (“common shares”).
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:
&... |
| | | 01/19/12 | RLJ Lodging Trust Completes Three Additional Hotel Conversions for $24 Million| BETHESDA, Md.--(BUSINESS WIRE)--Jan. 19, 2012-- RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced that it recently completed three hotel conversions for approximately $24 million.
The three hotels that underwent conversions were the Hilton Garden Inn Pittsburgh University Place, Hilton Garden Inn Durham, and Embassy Suites West Palm Beach-Central. The conversions were part of the Company’s 2011 capital improvement plan, which was largely focused on upgrading and/or repositioning 24... |
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