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Dec 31, 2022

RLJ Q4 2022 Earnings Report

RLJ Lodging Trust reported Q4 2022 results, including revenue of $302.2 million and net income attributable to common shareholders of $0.3 million.

Key Takeaways

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.

Portfolio comparable RevPAR reached $127.25.

Revenue amounted to $302.2 million.

Net income attributable to common shareholders was $0.3 million.

Adjusted FFO per diluted common share and unit was $0.33.

Total Revenue
$302M
Previous year: $238M
+26.9%
EPS
$0.33
Previous year: -$0.21
-257.1%

RLJ

RLJ

Forward Guidance

The Company's first quarter outlook includes all hotels owned as of February 27, 2023.