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Dec 31, 2021
RLJ Q4 2021 Earnings Report
Reported results for the fourth quarter and full year 2021.
Key Takeaways
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.
Portfolio pro forma RevPAR of $101.33, representing over 75% of 2019 levels
Revenue of $238.1 million
Net loss attributable to common shareholders $34.0 million
Adjusted FFO per diluted common share and unit of $0.14
RLJ
RLJ
Forward Guidance
Given the continued uncertainties related to the ongoing COVID-19 pandemic and its impact on travel, the Company is unable to provide a future outlook at this time.