RLJ Earnings Reports

RLJ Lodging Trust reported a 2.2% increase in comparable RevPAR and a 3.2% increase in total revenues for Q4 2024. Adjusted EBITDA also increased by 2.4%. The company repurchased 0.3 million shares of common stock for $3.0 million during the quarter.

RLJ Lodging Trust reported solid third-quarter results, exceeding expectations with RevPAR growth two times the industry average. The company executed key initiatives, including addressing near-term maturities, completing conversions, repurchasing stock, raising the quarterly dividend by 50%, and reaffirming its outlook.

RLJ Lodging Trust reported a positive second quarter with a 2.6% increase in comparable RevPAR and a 3.5% increase in total revenue. The company acquired Hotel Teatro in Denver and increased its quarterly dividend. The company is updating its full-year outlook range to incorporate recent transactions, year-to-date operating performance, and the current economic environment.

RLJ Lodging Trust reported a 3.1% increase in total revenue to $324.4 million and a net income of $4.7 million for the first quarter of 2024. The company's RevPAR grew by 1.0%, outperforming the industry, driven by strong positioning of its urban-centric portfolio and returns from conversions and ROI initiatives.

RLJ Lodging Trust reported a successful Q4 2023, marked by top-quartile RevPAR growth and strategic capital allocation moves, including share repurchases and acquisitions. The company's urban-centric portfolio is positioned to capture improving demand in urban markets, with incremental lift from completed conversions expected to continue into 2024.

RLJ Lodging Trust reported Q3 2023 results with a 3.4% increase in comparable RevPAR, led by urban markets. The company continued share repurchases and increased its dividend by 25%.

RLJ Lodging Trust reported a positive second quarter, achieving RevPAR growth ahead of the industry, driven by strength in urban markets and strategic portfolio enhancements. The company also increased its quarterly dividend and continued share repurchases, demonstrating a strong balance sheet.

RLJ Lodging Trust reported a strong first quarter in 2023, with total revenue of $314.5 million and net income of $10.5 million. Comparable RevPAR increased by 27.0% compared to Q1 2022, and the company increased its quarterly dividend by 60% to $0.08 per common share. The company also repurchased $40 million of common shares.

RLJ Lodging Trust reported its Q4 2022 results, showing a portfolio comparable RevPAR of $127.25 and revenue of $302.2 million. The company's net income attributable to common shareholders was $0.3 million, with an adjusted FFO per diluted common share and unit of $0.33. RLJ Lodging Trust successfully launched three conversions and acquired one high-quality hotel while maintaining $1.1 billion in liquidity.

RLJ Lodging Trust reported strong third-quarter results, exceeding expectations with a pro forma RevPAR of $137.09, representing 94.5% of 2019 levels. The company completed hotel conversions, addressed 2023 maturities, and actively repurchased shares, positioning itself for future growth.

RLJ Lodging Trust reported strong second-quarter results, driven by the performance of urban markets and increased business travel. The company executed capital allocation initiatives, including share repurchases and the acquisition of a boutique lifestyle hotel in Nashville. RLJ Lodging Trust successfully exited covenant waivers and increased the quarterly dividend.

RLJ Lodging Trust reported strong first-quarter results, exceeding expectations due to accelerating demand in urban markets. The company made significant progress on internal growth catalysts, strengthened its balance sheet by repaying the remaining balance on its line of credit, and amended its credit facility to allow for share repurchases.

RLJ Lodging Trust reported a positive industry recovery throughout 2021, exceeding expectations with the fourth quarter moving closer to 2019 levels. The company executed its strategic objectives, including achieving strong operating performance, generating positive cash flow, acquiring three high-quality hotels, and strengthening its balance sheet.

RLJ Lodging Trust reported improved lodging recovery in Q3 2021, driven by leisure demand and increased business transient and group demand. The company achieved positive corporate cash flow and continued to enhance its balance sheet through strategic acquisitions and debt refinancing.

RLJ Lodging Trust reported a total revenue of $194.3 million and a net loss of $52.2 million for the second quarter of 2021. The company's performance was driven by strong leisure demand and improvements in business transient and group demand.

RLJ Lodging Trust reported a total revenue of $119.6 million and a net loss of $79.1 million for the first quarter of 2021. The company's total portfolio achieved 43.0% occupancy and open hotels achieved 46.4% occupancy. They also repaid $200.0 million on their Revolving Credit Facility.

RLJ Lodging Trust reported a challenging fourth quarter due to the ongoing pandemic, with a net loss of $87.9 million. However, the company successfully reduced its cash burn and maintained a strong liquidity position. Open hotels generated positive Hotel EBITDA, and the company is optimistic about recovery in the second half of 2021.

RLJ Lodging Trust reported third quarter results exceeding expectations, driven by strength in leisure and an uptick in business transient and small group demand. The company reopened a significant number of hotels and continued aggressive asset management efforts to minimize operating costs, leading to a further reduction in burn rate. They maintained a strong liquidity position of $1.2 billion.

RLJ Lodging Trust reported a challenging quarter due to the COVID-19 pandemic, with a net loss of $116.2 million and total revenue of $32.6 million. However, the company made progress in reopening hotels, reducing monthly cash burn, and securing covenant waivers.

RLJ Lodging Trust reported a total revenue of $265.5 million and a net loss of $30.8 million. The company had $1.2 billion of unrestricted cash on hand and operations were suspended at 57 hotels due to the COVID-19 pandemic.

RLJ Lodging Trust reported a net income of $34.9 million and an Adjusted EBITDA of $96.3 million for the fourth quarter of 2019. The company successfully sold five hotels in Austin, TX for $67.6 million and repurchased 0.7 million shares for approximately $12.2 million.