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RLJ Lodging Trust (NYSE: RLJ) maintains this dedicated news hub for investors and hospitality industry stakeholders. Access official press releases and curated news coverage about this leading real estate investment trust's premium hotel portfolio, strategic partnerships, and financial performance.
This resource provides timely updates on operational developments, including property acquisitions, brand affiliations, and leadership announcements. Track financial reporting such as quarterly earnings, dividend declarations, and capital allocation strategies specific to RLJ's focused-service hotel operations.
All content is organized chronologically showcase the trust's evolving market position while maintaining strict adherence to factual reporting standards. Users benefit from direct access to primary source materials alongside third-party analysis of RLJ's performance within the competitive hospitality REIT sector.
Bookmark this page for efficient monitoring of RLJ Lodging Trust's corporate trajectory, with new content added as official announcements become available. Cross-reference historical updates with current developments to maintain informed perspectives on this urban-focused hotel investment vehicle.
RLJ Lodging Trust (NYSE: RLJ), a self-advised real estate investment trust specializing in premium-branded hotels, has scheduled its first quarter 2025 financial results announcement for May 5, 2025, before market opening.
The company will host a conference call at 11:00 a.m. Eastern Time on the same day. Investors can access the call via phone at (877) 407-3982 (domestic) or (201) 493-6780 (international). A replay will be available from 3:00 p.m. until May 19, 2025, accessible at (844) 512-2921 (domestic) or (412) 317-6671 (international) using pin 13752365.
Additionally, a live webcast will be available on the company's website, with a recording archived in the Investor Relations section.
RLJ Lodging Trust (NYSE: RLJ) has announced that Executive Vice President and Chief Financial Officer Sean M. Mahoney will retire in May after seven years with the company. Mahoney's career spans over 30 years, including more than 20 years in the hospitality REIT industry.
President and CEO Leslie D. Hale acknowledged Mahoney's instrumental role during a pivotal transformation period for RLJ's portfolio. Under his leadership, the company has maintained a strong balance sheet and built a solid finance team. Mahoney will continue serving as CFO until May to ensure a smooth transition and will remain available as an advisor afterward. The company has initiated a succession process and will provide updates upon completion.
RLJ Lodging Trust (NYSE: RLJ) has announced its dividend distributions for the first quarter of 2025. The company's Board of Trustees has declared a quarterly cash dividend of $0.15 per common share, payable on April 15, 2025, to shareholders of record as of March 31, 2025.
Additionally, the company will distribute a quarterly cash dividend of $0.4875 on Series A Preferred Shares, payable on April 30, 2025, to shareholders of record as of March 31, 2025. RLJ Lodging Trust operates as a self-advised, publicly traded real estate investment trust, specializing in premium-branded, high-margin, focused-service and compact full-service hotels.
RLJ Lodging Trust (RLJ) reported its Q4 and full-year 2024 results, showing positive growth trends. Fourth quarter highlights include:
- RevPAR increased 2.2% to $137.53
- Total revenues up 3.2% to $330.0 million
- Adjusted EBITDA grew 2.4% to $81.1 million
- Net loss of $0.9 million ($0.01 per share)
Full year 2024 performance showed:
- RevPAR growth of 2.0% to $144.72
- Total revenues increased 3.3% to $1.4 billion
- Net income of $42.9 million ($0.27 per share)
- Adjusted EBITDA of $361.6 million
The company maintained strong liquidity of $0.9 billion, including $409.8 million in cash. Strategic moves included acquiring Hotel Teatro for $35.5 million and the Wyndham Boston Beacon Hill land for $125.0 million, while completing several hotel conversions and repurchasing 2.3 million shares for $22.0 million.
RLJ Lodging Trust (NYSE: RLJ) has announced the tax classification of its 2024 dividend distributions for common and Series A Preferred shares. Common shareholders will receive total distributions of $0.50 per share across four quarterly payments, with $0.10 per share in April and July, and $0.15 per share in October 2024 and January 2025. The distributions comprise $0.4812 in ordinary non-qualifying dividends and $0.0188 in capital gains dividends.
Series A Preferred shareholders will receive total distributions of $1.95 per share, paid in four equal quarterly installments of $0.4875. These distributions include $1.8768 in ordinary non-qualifying dividends and $0.0732 in capital gains dividends. All distributions qualify for Section 199A dividends.
RLJ Lodging Trust (RLJ) has scheduled its fourth quarter and full year 2024 financial results announcement for February 25, 2025, after market close. The company will host a conference call on February 26, 2025, at 10:00 a.m. Eastern Time to discuss the results.
Investors can access the conference call by dialing (877) 407-3982 (domestic) or (201) 493-6780 (international). A replay will be available from 3:00 p.m. on February 26 until March 12, 2025, accessible via (844) 512-2921 (domestic) or (412) 317-6671 (international) with pin number 13750771. The call will also be webcast live on the company's website with a replay available through the Investor Relations section.
RLJ Lodging Trust (RLJ) has declared its fourth quarter 2024 dividends. The company will pay a quarterly cash dividend of $0.15 per common share on January 15, 2025, to shareholders of record as of December 31, 2024. Additionally, holders of Series A Preferred Shares will receive a quarterly cash dividend of $0.4875 per share, payable on January 31, 2025, to shareholders of record as of December 31, 2024. RLJ Lodging Trust operates as a REIT specializing in premium-branded, high-margin, focused-service and compact full-service hotels.
RLJ Lodging Trust reported Q3 2024 results with a 2.0% RevPAR increase to $145.23 compared to 2023. The company achieved Comparable Hotel Revenue of $344.7 million, up 3.0%, and Net Income of $20.6 million. Key highlights include entering a new $500.0 million term loan, repurchasing 1.6 million shares for $14.8 million, and increasing quarterly dividend by 50%. The company maintained total liquidity of $885.4 million and reaffirmed its full-year 2024 outlook with RevPAR growth projected at 1.0% to 2.5%.
RLJ Lodging Trust (NYSE: RLJ), a self-advised real estate investment trust specializing in premium-branded hotels, has announced its dividend payments for the third quarter of 2024. The company's Board of Trustees has declared a quarterly cash dividend of $0.15 per common share, payable on October 15, 2024, to shareholders of record as of September 30, 2024. Additionally, a quarterly cash dividend of $0.4875 on the Company's Series A Preferred Shares has been declared, payable on October 31, 2024, to shareholders of record as of September 30, 2024.
RLJ Lodging Trust (NYSE: RLJ) has announced its schedule for reporting third quarter 2024 financial results. The company will release its earnings report on November 6, 2024, after market close. A conference call to discuss the results is set for November 7, 2024, at 12:00 p.m. Eastern Time. Investors can access the call by dialing (877) 407-3982 or (201) 493-6780 for international participants.
A replay of the call will be available from 4:00 p.m. on November 7 until November 21, 2024. Additionally, a live webcast of the conference call will be accessible on the company's website, with a replay archived in the Investor Relations section. RLJ Lodging Trust is a self-advised, publicly traded real estate investment trust specializing in premium-branded, high-margin, focused-service and compact full-service hotels.
