March 28, 2018 / 12:31 PM / 7 months ago

BRIEF-RLJ Lodging Trust Announces Sale Of Sheraton Philadelphia Society Hill For $95.5 Mln

March 28 (Reuters) - RLJ Lodging Trust:

* RLJ LODGING TRUST ANNOUNCES SALE OF SHERATON PHILADELPHIA SOCIETY HILL FOR $95.5 MILLION

* RLJ LODGING TRUST - COMPANY INTENDS TO APPLY NET PROCEEDS FROM SALE TO PAY DOWN ITS CREDIT FACILITY AND FOR GENERAL CORPORATE PURPOSES

* RLJ LODGING TRUST - DEAL FOR APPROXIMATELY $262,000 PER KEY Source text for Eikon: Further company coverage:

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