RLJ Lodging Trust is a hotel investment company that owns premium-branded, rooms-oriented, high-margin, focused-service and compact full-service hotels. The Company’s portfolio consists of 96 hotels with approximately 21,200 rooms located in 23 states and the District of Columbia and an ownership interest in one unconsolidated hotel with 171 rooms. Our hotels are concentrated in markets that we believe exhibit multiple demand generators and long-term growth prospects, and have characteristics that generate high levels of RevPAR, strong operating margins, and attractive returns.
Our hotels operate under well-recognized global brands, including Courtyard by Marriott, Residence Inn by Marriott, AC Hotels, Moxy Hotels, Hilton Garden Inn, Embassy Suites, Hyatt Place, and Wyndham and we maintain strong relationships with these leading franchisors. The properties are geographically diverse and concentrated in major urban areas and dense suburban markets that provide multiple demand generators by business, leisure and other travelers. At the same time, because of high construction costs, the density of these markets, and high underlying real estate values, these locales provide high barriers to entry.
The company is a self-advised and self-administered Maryland real estate investment trust and is traded on the New York Stock Exchange under the stock symbol "RLJ".
Data Provided by Refinitiv. Minimum 15 minutes delayed.