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Jun 30, 2021
RLJ Q2 2021 Earnings Report
Reported second quarter 2021 results, driven by strong leisure demand and improvement in business transient and group demand.
Key Takeaways
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.
RLJ
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RLJ Revenue by Segment
Forward Guidance
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.
Revenue & Expenses
Visualization of income flow from segment revenue to net income