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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.
Total portfolio achieved 57.9% occupancy and open hotels achieved 61.0% occupancy.
Total revenue of $194.3 million.
Net loss of ($52.2) million.
Pro forma Hotel EBITDA of $49.9 million.
Given the continued uncertainties related to the pandemic and its impact on travel, the Company is unable to provide a future outlook at this time.
Visualization of income flow from segment revenue to net income