RLJ Lodging Trust Provides Update on its Embedded Value Creation Initiatives
- The update on embedded value creation initiatives indicates the company's proactive approach to enhancing its asset portfolio and potentially increasing shareholder value.
- The announcement of two new conversions in 2024 demonstrates the company's commitment to strategic growth and adaptation to market trends.
- None.
Updated Investor Presentation Published
The Company has published a presentation that provides details on these initiatives that is available through the Investor Relations section of its website at www.rljlodgingtrust.com.
About Us
RLJ Lodging Trust is a self-advised, publicly traded real estate investment trust that owns primarily premium-branded, high-margin, focused-service and compact full-service hotels.
Forward Looking Statements
This information contains certain statements, other than purely historical information, including estimates, projections, statements relating to the Company’s business plans, objectives and expected operating results, and the assumptions upon which those statements are based, that are “forward looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally are identified by the use of the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “plan,” “may,” “will,” “will continue,” “intend,” “should,” “may,” or similar expressions. Although the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, beliefs and expectations, such forward-looking statements are not predictions of future events or guarantees of future performance and our actual results could differ materially from those set forth in the forward-looking statements. Except as required by law, the Company undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise. The Company cautions investors not to place undue reliance on these forward looking statements and urges investors to carefully review the disclosures the Company makes concerning risks and uncertainties in the sections entitled “Risk Factors,” “Forward- Looking Statements,” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in the Company’s Annual Report, as well as risks, uncertainties and other factors discussed in other documents filed by the Company with the Securities and Exchange Commission.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20231112968199/en/
Sean M. Mahoney, Executive Vice President and Chief Financial Officer – (301) 280-7774
Source: RLJ Lodging Trust
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