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 Executive Officer. “Hilton’s support throughout the
conversion process enabled us to successfully complete three
transformational and complex renovations. These renovations are an
example of our commitment to partner with leading brands and to own
high-quality institutional hotels.”
The Company’s Senior Vice President of Design and Construction, Carl
Mayfield, and his in-house team of professionals leveraged their vast
experience and developed creative and innovative solutions to address
the requirements of the three conversions recognized by Hilton.
In total, approximately $24 million was spent to convert the three
hotels. The Hilton Garden Inn Pittsburgh University Place and the Hilton
Garden Inn Raleigh/Durham Research Triangle Park were both converted
from Wyndham branded hotels, and the Embassy Suites West Palm
Beach-Central was converted from a Crowne Plaza.
The conversions were part of the Company’s 2011 capital improvement
plan, which was largely focused on upgrading and/or repositioning 24
hotels acquired in 2010 and 2011.
RLJ Lodging Trust is a self-advised, publicly-traded real estate
investment trust focused on acquiring premium-branded, focused-service
and compact full-service hotels. The Company’s portfolio consists of 144
hotels in 20 states and the District of Columbia, with more than 21,300
rooms. Additional information may be found on the Company’s website at http://rljlodgingtrust.com.
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Source: RLJ Lodging Trust
RLJ Lodging Trust
Leslie D. Hale, Chief Financial Officer