STOCK TITAN
  1. Home
  2. News
  3. RLJ

RLJ Lodging Trust - RLJ STOCK NEWS

Welcome to our dedicated page for RLJ Lodging Trust news (Ticker: RLJ), a resource for investors and traders seeking the latest updates and insights on RLJ Lodging Trust stock.

RLJ Lodging Trust (NYSE: RLJ) is a self-advised, publicly traded real estate investment trust (REIT) specializing in the acquisition of premium-branded, focused-service, and compact full-service hotels. The company boasts a diverse portfolio of 125 properties, encompassing approximately 20,800 rooms situated across 21 states and the District of Columbia. RLJ Lodging Trust's strategic focus is on major urban areas and densely populated markets, catering to a wide range of travelers, including business, leisure, and other segments.

RLJ Lodging Trust's hotel portfolio includes prominent brands such as Marriott, Hilton, and Hyatt, ensuring high standards of service and widespread recognition. These properties are strategically located in key urban centers, dense suburban markets, and bustling business districts, maximizing their appeal to various demand generators.

The company's revenue streams are primarily derived from hotel operations, which include room sales, food and beverage services, and other property-related income. RLJ Lodging Trust has demonstrated financial stability, with a substantial portion of its revenue coming from the operation of these high-performing hotels.

In recent developments, RLJ Lodging Trust continues to expand and optimize its portfolio through strategic acquisitions and partnerships. The company remains committed to enhancing shareholder value by focusing on properties that offer strong growth potential and significant demand drivers. RLJ Lodging Trust's ongoing projects and recent achievements highlight its dedication to maintaining a robust and geographically diverse portfolio that meets the evolving needs of the hospitality industry.

To stay updated on RLJ Lodging Trust's latest performance, events, and developments, visit their news section for the most recent updates.

News

RLJ Lodging Trust Reports Fourth Quarter and Full Year 2023 Results

Rhea-AI Summary
RLJ Lodging Trust reported strong financial results for the fourth quarter and full year 2023, with increases in RevPAR, total revenue, net income, and adjusted EBITDA. The company executed multiple capital allocation initiatives, including the acquisition of the Wyndham Boston Beacon Hill. The outlook for 2024 shows continued growth and strategic investments.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.03%
Tags
earnings
-
News

RLJ Lodging Trust Announces Tax Treatment of 2023 Dividends

Rhea-AI Summary
RLJ Lodging Trust (RLJ) announced the 2023 tax classification of dividend distributions for common shares and Series A Preferred Shares. The total distribution for common shares is $0.41 per share, with 90% classified as ordinary non-qualifying dividend and 10% as qualifying dividend. For Series A Preferred Shares, the total distribution is $2.4375 per share, with the same 90-10 split. The information is preliminary and subject to correction.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.53%
Tags
dividends
-
News

RLJ Lodging Trust’s Zachari Dunes on Mandalay Beach Hotel Named ‘Best New Hotel’ for 2023

Rhea-AI Summary
RLJ Lodging Trust's Zachari Dunes on Mandalay Beach, Curio Collection by Hilton hotel has been named the 'Best New Hotel Across the US' for 2023 by USA Today. The 250-room, all-suite lifestyle resort underwent a transformative renovation and repositioning in 2022. Leslie D. Hale, President and Chief Executive Officer, expressed appreciation for the recognition and attributed the award to the RLJ team's ability to identify and unlock the deep value embedded in its portfolio and the incredible potential of this iconic oceanfront hotel.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.43%
Tags
none
News

RLJ Lodging Trust Announces Fourth Quarter and Full Year 2023 Earnings Release and Conference Call Dates

Rhea-AI Summary
RLJ Lodging Trust (RLJ) to Report Q4 and Full Year 2023 Financial Results on February 26, 2024
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
earnings
-
News

RLJ Lodging Trust Announces Dividends for Fourth Quarter of 2023

Rhea-AI Summary
RLJ Lodging Trust (RLJ) declares a quarterly cash dividend of $0.10 per common share and $0.4875 on Series A Preferred Shares, payable on January 16, 2024, and January 31, 2024, respectively.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.28%
Tags
dividends
-
News

RLJ Lodging Trust Provides Update on its Embedded Value Creation Initiatives

Rhea-AI Summary
RLJ Lodging Trust (NYSE: RLJ) Updates Investor Presentation, Announces Two New Conversions in 2024. The company has published a detailed presentation on its embedded value creation initiatives, including brand conversions and repositionings, available on its website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.81%
Tags
none
News

RLJ Lodging Trust Reports Third Quarter 2023 Results

Rhea-AI Summary
RLJ Lodging Trust (NYSE: RLJ) reported Q3 results with a 3.4% increase in RevPAR compared to last year. The company also increased its third quarter dividend by 25% and continued its share repurchases. Total revenue for the quarter was $334.4 million, with net income per diluted share of $0.06. The company remains optimistic about lodging fundamentals and executed multiple capital allocation initiatives.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.99%
Tags
earnings
-
News

RLJ Lodging Trust Announces Dividends for Third Quarter of 2023

Rhea-AI Summary
RLJ Lodging Trust declares quarterly cash dividends
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.54%
Tags
dividends
-
News

RLJ Lodging Trust Sets Dates for Third Quarter 2023 Earnings Release and Conference Call

Rhea-AI Summary
RLJ Lodging Trust to report Q3 2023 financial results on November 1, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.41%
Tags
earnings
News

RLJ Lodging Trust Reports Second Quarter 2023 Results

Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.82%
Tags
earnings

FAQ

What is the current stock price of RLJ Lodging Trust (RLJ)?

The current stock price of RLJ Lodging Trust (RLJ) is $9.61 as of November 20, 2024.

What is the market cap of RLJ Lodging Trust (RLJ)?

The market cap of RLJ Lodging Trust (RLJ) is approximately 1.5B.

What is RLJ Lodging Trust?

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.

How many properties does RLJ Lodging Trust own?

RLJ Lodging Trust owns 125 properties with approximately 20,800 rooms.

Where are RLJ Lodging Trust's hotels located?

The hotels are located in 21 states and the District of Columbia, primarily in major urban areas and dense markets.

What hotel brands does RLJ Lodging Trust's portfolio include?

The portfolio includes hotels under the Marriott, Hilton, and Hyatt brand names.

What are the main revenue streams for RLJ Lodging Trust?

The main revenue streams include hotel operations revenue from room sales, food and beverage services, and other property-related income.

What is the company's strategy for growth?

RLJ Lodging Trust focuses on acquiring properties with strong growth potential in key urban and dense suburban markets, enhancing shareholder value through strategic acquisitions and partnerships.

How does RLJ Lodging Trust cater to different types of travelers?

RLJ Lodging Trust's hotels are strategically located in areas that attract business, leisure, and other travelers, ensuring diverse demand generation.

How can I stay updated on RLJ Lodging Trust's latest news?

You can visit their news section on their website to get the most recent updates on their performance, events, and developments.

What sets RLJ Lodging Trust apart from other REITs?

RLJ Lodging Trust's focus on premium-branded hotels in major urban and dense suburban markets, coupled with a diverse portfolio and strategic growth initiatives, sets it apart from other REITs.

Is RLJ Lodging Trust financially stable?

Yes, RLJ Lodging Trust is financially stable, with a significant majority of its revenue coming from high-performing hotel operations.

Stock RLJ logo
RLJ Lodging Trust

NYSE:RLJ

RLJ Rankings

#2220 Ranked by Market Cap
#427 Ranked by Dividends

RLJ Stock Data

1.49B
148.87M
2.79%
93.99%
9.03%
REIT - Hotel & Motel
Real Estate Investment Trusts
Link
United States of America
BETHESDA