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RLJ Lodging Trust (RLJ.N)

RLJ.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

RLJ Lodging Trust reports Q4 adjusted FFO per share $0.60
Wednesday, 22 Feb 2017 04:45pm EST 

RLJ Lodging Trust : RLJ Lodging Trust reports fourth quarter and full year 2016 results . Q4 adjusted FFO per share $0.60 . RLJ Lodging Trust sees 2017 pro forma revpar growth negative 1.0pct to positive 1.0pct .RLJ Lodging Trust sees 2017 pro forma hotel EBITDA margin 34.5pct to 35.5pct.  Full Article

RLJ Lodging Trust announces sale of two hotels in New York City for $286 million
Tuesday, 6 Dec 2016 09:00am EST 

RLJ Lodging Trust : RLJ Lodging Trust announces sale of two hotels in New York City for $286 million . To use proceeds from sale of these hotels for general corporate purposes, which may include paying down debt, repurchasing shares .Separately, company sold one other hotel in Bakersfield, CA for $13 million.  Full Article

RLJ Lodging Trust sees FY pro forma revpar growth between 1.5% to 2.5%
Wednesday, 3 Aug 2016 04:49pm EDT 

RLJ Lodging Trust Says Adjusted Ffo Per Common Share And Unit : RLJ lodging trust reports second quarter 2016 results . RLJ lodging trust says Q2 pro forma revpar increased 1.9%, pro forma adr increased 1.6%, and pro forma occupancy increased 0.4% . Diluted for three months ended June 30, 2016, was $0.82 . Sees FY pro forma consolidated hotel ebitda between $415.0 million to $425.0 million . RLJ lodging trust reports second quarter 2016 results .Sees FY pro forma revpar growth between 1.5% to 2.5%.  Full Article

RLJ Lodging Trust appoints Ross Bierkan as CEO
Monday, 1 Aug 2016 09:15am EDT 

RLJ Lodging Trust : RLJ Lodging Trust announces the appointment of ross h. Bierkan as president and chief executive officer and leslie d. Hale as chief operating officer . Hale will serve in dual role of chief operating officer and chief financial officer of company .In addition, bierkan has been elected to company's board of trustees..  Full Article

RLJ Lodging Trust announces resignation of Thomas J. Baltimore as President & CEO
Wednesday, 27 Apr 2016 06:00am EDT 

RLJ Lodging Trust:Announces resignation of Thomas J. Baltimore as President & CEO.Board Appoints Ross Bierkan, EVP & Chief Investment Officer As Interim CEO.Board also announced the formation of a CEO search committee.  Full Article

RLJ Lodging Trust announces dividend for the first quarter 2016
Tuesday, 15 Mar 2016 09:15am EDT 

RLJ Lodging Trust:Declared a regular quarterly cash dividend of $0.33 per common share of beneficial interest. The dividend is payable on April 15, 2016, to shareholders of record as of March 31, 2016.  Full Article

RLJ Lodging Trust announces dividend for the third quarter 2015
Monday, 14 Sep 2015 09:25am EDT 

RLJ Lodging Trust:Declared a regular quarterly cash dividend of $0.33 per common share of beneficial interest.Payable on October 15, 2015, to shareholders of record as of September 30, 2015.  Full Article

RLJ Lodging Trust lowers FY 2015 pro forma RevPAR guidance; lowers FY 2015 hotel EBITDA guidance
Wednesday, 5 Aug 2015 04:45pm EDT 

RLJ Lodging Trust:Expects FY 2015 pro forma RevPAR growth of 4.5% to 5.5%.Expects FY 2015 pro forma consolidated hotel EBITDA of $400.0 million to $415.0 million.  Full Article

RLJ Lodging Trust completes acquisition of Homewood Suites Seattle/Lynnwood
Tuesday, 21 Jul 2015 09:15am EDT 

RLJ Lodging Trust:Completed previously announced acquisition of the 170-room Homewood Suites Seattle/Lynnwood in Lynnwood, WA for $37.9 million.Company funded the acquisition with cash available on its balance sheet.  Full Article

RLJ Lodging Trust to Acquire Two Premium, Focused Service Hotels
Thursday, 16 Jul 2015 09:00am EDT 

RLJ Lodging Trust:To acquire two premium, focused service hotels for $105.9 million - expanding holdings in Washington, d.c. and entering Seattle market.Says company will use the cash available on its balance sheet for both acquisitions.Says also will acquire the 170-room homewood suites seattle/lynnwood for $37.9 million.Says recently opened properties are immediately accretive to the company's portfolio revpar.  Full Article

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BRIEF-RLJ Lodging Trust reports Q4 adjusted FFO per share $0.60

* RLJ Lodging Trust reports fourth quarter and full year 2016 results