Articles from RLJ Lodging Trust

RLJ Lodging Trust (the “Company”) (NYSERLJ) today announced it will report financial results for the fourth quarter and full year ended December 31, 2024, after the markets close on February 25, 2025. The Company will also host a conference call on February 26, 2025 at 10:00 a.m. (Eastern Time).

RLJ Lodging Trust (the “Company”) (NYSERLJ) today announced that its Board of Trustees has declared a quarterly cash dividend of $0.15 per common share of beneficial interest. The dividend is payable on January 15, 2025, to shareholders of record as of December 31, 2024.

RLJ Lodging Trust (the “Company”) (NYSERLJ) today reported results for the three and nine months ended September 30, 2024.

RLJ Lodging Trust (the “Company”) (NYSERLJ) previously announced in its Q2 2024 Earnings Release that its Board of Trustees had declared a quarterly cash dividend of $0.15 per common share of beneficial interest. The dividend is payable on October 15, 2024, to shareholders of record as of September 30, 2024.

RLJ Lodging Trust (the “Company”) (NYSERLJ) today announced it will report financial results for the third quarter ended September 30, 2024, after the markets close on November 6, 2024. The Company will also host a conference call on November 7, 2024 at 12:00 p.m. (Eastern Time).

RLJ Lodging Trust (the “Company”) (NYSERLJ) today announced that it has acquired the fee simple interest in the 110-room Hotel Teatro in Denver (the “Hotel”) for a purchase price of $35.5 million. The Hotel was redeveloped into an independent boutique lifestyle hotel following the transformational conversion of the historic Denver Tramway Company office building, built circa 1911. The hotel is expected to generate over a 10% stabilized yield.

RLJ Lodging Trust (the “Company”) (NYSERLJ) today reported results for the three and six months ended June 30, 2024.

RLJ Lodging Trust (the “Company”) (NYSERLJ) today announced that its Board of Trustees has declared a quarterly cash dividend of $0.10 per common share of beneficial interest. The dividend is payable on July 15, 2024, to shareholders of record as of June 28, 2024.

RLJ Lodging Trust (the “Company”) (NYSERLJ) today announced it will report financial results for the second quarter ended June 30, 2024, after the markets close on August 1, 2024. The Company will also host a conference call on August 2, 2024, at 10:00 a.m. (Eastern Time).

RLJ Lodging Trust (the “Company”) (NYSERLJ) today reported results for the three months ended March 31, 2024.

RLJ Lodging Trust (the “Company”) (NYSERLJ) today announced that its Board of Trustees has declared a quarterly cash dividend of $0.10 per common share of beneficial interest. The dividend is payable on April 15, 2024, to shareholders of record as of March 29, 2024.

RLJ Lodging Trust (the “Company”) (NYSERLJ) today announced it will report financial results for the first quarter ended March 31, 2024, after the markets close on May 1, 2024. The Company will also host a conference call on May 2, 2024, at 10:00 a.m. (Eastern Time).

RLJ Lodging Trust (the “Company”) (NYSERLJ) today reported results for the three months and year ended December 31, 2023.

RLJ Lodging Trust (the “Company”) (NYSERLJ) today announced the 2023 tax classification of the dividend distributions made to the Company’s holders of its common shares of beneficial interest and Series A Preferred Shares during the year ended December 31, 2023.

RLJ Lodging Trust (the “Company”) (NYSERLJ) is pleased to announce that the Company’s Zachari Dunes on Mandalay Beach, Curio Collection by Hilton hotel has been named the ‘Best New Hotel Across the US’ for 2023 by USA Today. The 250-room, all-suite lifestyle resort underwent a transformative renovation and repositioning in 2022.

RLJ Lodging Trust (the “Company”) (NYSERLJ) today announced it will report financial results for the fourth quarter and full year ended December 31, 2023, after the markets close on February 26, 2024. The Company will also host a conference call on February 27, 2024 at 10:00 a.m. (Eastern Time).

RLJ Lodging Trust (the “Company”) (NYSERLJ) today announced that its Board of Trustees has declared a quarterly cash dividend of $0.10 per common share of beneficial interest. The dividend is payable on January 16, 2024, to shareholders of record as of December 29, 2023.

RLJ Lodging Trust (the “Company”) (NYSERLJ) today provided an update to its embedded value creation initiatives. These initiatives include two new conversions in 2024, bringing the total completed and announced brand conversions and repositionings to eight hotels.

RLJ Lodging Trust (the “Company”) (NYSERLJ) today reported results for the three and nine months ended September 30, 2023.

RLJ Lodging Trust (the “Company”) (NYSERLJ) previously announced in its Q2 2023 Earnings Release that its Board of Trustees had declared a quarterly cash dividend of $0.10 per common share of beneficial interest. The dividend is payable on October 16, 2023, to shareholders of record as of September 29, 2023.

RLJ Lodging Trust (the “Company”) (NYSERLJ) today announced it will report financial results for the third quarter ended September 30, 2023, after the markets close on November 1, 2023. The Company will also host a conference call on November 2, 2023, at 12:00 p.m. (Eastern Time).

RLJ Lodging Trust (the “Company”) (NYSERLJ) today reported results for the three and six months ended June 30, 2023.

RLJ Lodging Trust (the “Company”) (NYSERLJ) today announced that its Nashville property is joining the Tapestry Collection by Hilton. The 124-room property will undergo a comprehensive renovation next year and relaunch as a rebranded lifestyle boutique hotel within the Tapestry Collection by Hilton. This marks the Company’s third conversion in 2023, joining previously announced conversions in New Orleans and Houston, and building on its three successful 2022 completed conversions.

RLJ Lodging Trust (the “Company”) (NYSERLJ) today announced it will report financial results for the second quarter ended June 30, 2023, after the markets close on August 3, 2023. The Company will also host a conference call on August 4, 2023, at 10:00 a.m. (Eastern Time).

RLJ Lodging Trust (the “Company”) (NYSERLJ) today announced that its Board of Trustees has declared a quarterly cash dividend of $0.08 per common share of beneficial interest. The dividend is payable on July 17, 2023, to shareholders of record as of June 30, 2023.

RLJ Lodging Trust (“RLJ” or the “Company”) (NYSERLJ) today announced the appointment of Chad D. Perry as Executive Vice President and General Counsel. Prior to his appointment, Mr. Perry served as Executive Vice President, General Counsel and Secretary of Tanger Factory Outlet Centers, Inc. NYSE: SKTNYSESKT)

RLJ Lodging Trust (the “Company”) (NYSERLJ) today announced that it successfully recast its $600.0 million senior unsecured revolving credit facility (the “Revolver”) and entered into a new $225.0 million senior unsecured term loan (the “Term Loan”).

RLJ Lodging Trust (the “Company”) (NYSERLJ) today reported results for the three months ended March 31, 2023.

RLJ Lodging Trust (the “Company”) (NYSERLJ) today announced it will report financial results for the first quarter ended March 31, 2023, after the markets close on May 4, 2023. The Company will also host a conference call on May 5, 2023, at 10:00 a.m. (Eastern Time).

RLJ Lodging Trust (the “Company”) (NYSERLJ) announced in its Q4 2022 Earnings Release that its Board of Trustees had declared a quarterly cash dividend of $0.08 per common share of beneficial interest. The dividend is payable on April 17, 2023, to shareholders of record as of March 31, 2023.

RLJ Lodging Trust (the “Company”) (NYSERLJ) today reported results for the three months and year ended December 31, 2022.

RLJ Lodging Trust (the “Company”) (NYSERLJ) today announced the 2022 tax classification of the dividend distributions made to the Company’s holders of its common shares of beneficial interest and Series A Preferred Shares during the year ended December 31, 2022.

RLJ Lodging Trust (the “Company”) (NYSERLJ) today announced it will report financial results for the fourth quarter and full year ended December 31, 2022, after the markets close on February 27, 2023. The Company will also host a conference call on February 28, 2023, at 10:00 a.m. (Eastern Time).

RLJ Lodging Trust (the “Company”) (NYSERLJ) today announced the release of its inaugural Corporate Sustainability Report, building upon the Company’s longstanding commitment to upholding sustainability, social responsibility and governance. With the publication of this report, the Company is further demonstrating its commitment to providing robust Environmental, Social, and Governance (“ESG”) disclosures. Additionally, this report discloses historical environmental performance data to track progress towards the Company’s pledge to lower its carbon footprint.

RLJ Lodging Trust (the “Company”) (NYSERLJ) today announced that its Board of Trustees has declared a quarterly cash dividend of $0.05 per common share of beneficial interest. The dividend is payable on January 17, 2023, to shareholders of record as of December 31, 2022.

RLJ Lodging Trust (the “Company”) (NYSERLJ) today reported results for the three and nine months ended September 30, 2022.

RLJ Lodging Trust (the “Company”) (NYSERLJ) today announced it will report financial results for the third quarter ended September 30, 2022, after the markets close on November 2, 2022. The Company will also host a conference call on November 3, 2022, at 12:00 p.m. (Eastern Time).

RLJ Lodging Trust (the “Company”) (NYSERLJ) previously announced in its Q2 2022 Earnings Release that its Board of Trustees had declared a quarterly cash dividend of $0.05 per common share of beneficial interest. The dividend is payable on October 17, 2022, to shareholders of record as of September 30, 2022.

RLJ Lodging Trust (the “Company) (NYSERLJ) today announced the relaunch of Zachari Dunes on Mandalay Beach, a Curio Collection hotel by Hilton (“Zachari Dunes”) in Oxnard, California on October 1, 2022, as a 250-all-suite lifestyle resort, following a transformative renovation and brand conversion.

RLJ Lodging Trust (the “Company”) (NYSERLJ) today announced the relaunch on October 1, 2022 of The Mills House Hotel (“Mills House”), located in the heart of downtown Charleston’s historic French Quarter neighborhood, following a transformative conversion to a lifestyle hotel and affiliation with the Curio Collection by Hilton.

RLJ Lodging Trust (the “Company”) (NYSERLJ) today reported results for the three and six months ended June 30, 2022.

RLJ Lodging Trust (the “Company”) (NYSERLJ) today announced that it acquired the fee simple interest in the 124-room, 21c Museum Hotel Nashville (the “Hotel”) for a purchase price of $59.0 million, or approximately $476,000 per key. The property was converted to a boutique lifestyle hotel in 2017, following the transformational conversion of the historic Gray & Dudley Building in Downtown Nashville, Tennessee.

RLJ Lodging Trust (the “Company”) (NYSERLJ) today announced it will report financial results for the second quarter ended June 30, 2022, after the markets close on August 4, 2022. The Company will also host a conference call on August 5, 2022, at 9:00 a.m. (Eastern Time).

RLJ Lodging Trust (the “Company”) (NYSERLJ) today announced that its Board of Trustees has declared a quarterly cash dividend of $0.01 per common share of beneficial interest. The dividend is payable on July 15, 2022, to shareholders of record as of June 30, 2022.

RLJ Lodging Trust (the “Company”) (NYSERLJ) today reported results for the three months ended March 31, 2022.

RLJ Lodging Trust (the “Company”) (NYSERLJ) today announced it will report financial results for the first quarter ended March 31, 2022, after the markets close on May 4, 2022. The Company will also host a conference call on May 5, 2022, at 10:00 a.m. (Eastern Time).

RLJ Lodging Trust (the “Company”) (NYSERLJ) today announced that its Board of Trustees has declared a quarterly cash dividend of $0.01 per common share of beneficial interest. The dividend is payable on April 15, 2022, to shareholders of record as of March 31, 2022.

RLJ Lodging Trust (the “Company”) (NYSERLJ) today reported results for the three months and year ended December 31, 2021.

RLJ Lodging Trust (the “Company”) (NYSERLJ) today announced the appointment of Robin Zeigler, a real estate executive with over 25 years of experience in the industry, to the Company’s Board of Trustees (the “Board”). Ms. Zeigler’s appointment as a new independent member of the Board is effective immediately, and she will join the Board’s Audit Committee and Nominating and Corporate Governance Committee. Ms. Zeigler will stand for election as a Board-recommended nominee at the 2022 Annual Meeting of Shareholders.

RLJ Lodging Trust (the “Company”) (NYSERLJ) today announced the 2021 tax classification of the dividend distributions made to the Company’s holders of its common shares of beneficial interest and Series A Preferred Shares.

RLJ Lodging Trust (the “Company”) (NYSERLJ) today announced it will report financial results for the fourth quarter and full year ended December 31, 2021, after the markets close on February 23, 2022. The Company will also host a conference call on February 24, 2022, at 10:00 a.m. (Eastern Time).

RLJ Lodging Trust (the “Company”) (NYSERLJ) today announced that it has acquired the 170-room Moxy Denver Cherry Creek (“Moxy Cherry Creek”) for a purchase price of $51.3 million, or approximately $301,000 per key and completed the disposition of the 764-room DoubleTree Hotel Metropolitan New York City (the “DoubleTree Metropolitan”) for gross proceeds of $169.0 million.

RLJ Lodging Trust (the “Company”) (NYSERLJ) today announced that its Board of Trustees has declared a quarterly cash dividend of $0.01 per common share of beneficial interest. The dividend is payable on January 18, 2022 to shareholders of record as of December 31, 2021.

RLJ Lodging Trust (the “Company”) (NYSERLJ) today reported results for the three and nine months ended September 30, 2021.

RLJ Lodging Trust (the “Company”) (NYSERLJ) today announced that it has acquired the fee simple interest in the recently constructed 205-room AC Hotel by Marriott Boston Downtown (the “Hotel”) for a purchase price of $89.0 million, or approximately $434,000 per key. The purpose-built hotel opened in 2018 and is located within the mixed-use Ink Block development in Downtown Boston. Upon stabilization the Hotel is expected to generate 7.5% to 8.0% NOI yield. The Company funded the acquisition with existing cash on its balance sheet.

RLJ Lodging Trust (the “Company”) (NYSERLJ) today announced it will report financial results for the third quarter ended September 30, 2021, after the markets close on November 4, 2021. The Company will also host a conference call on November 5, 2021, at 11:00 a.m. (Eastern Time).

RLJ Lodging Trust (the “Company”) (NYSERLJ) today announced that the Company has amended its corporate credit facilities to include a pre-approved, one-year extension option for approximately $225 million of its $319 million Term Loans that mature in January 2023. The exercise of the one-year extension option will be at the Company’s discretion, subject to certain conditions. Additionally, the amendments increase the Company’s flexibility to acquire hotels using existing balance sheet capacity during the covenant relief period. The basket for such acquisitions was increased from $300 million to $450 million, subject to certain conditions.

RLJ Lodging Trust (the “Company”) (NYSERLJ) today announced that its Board of Trustees has declared a quarterly cash dividend of $0.01 per common share of beneficial interest. The dividend is payable on October 15, 2021 to shareholders of record as of September 30, 2021.

RLJ Lodging Trust (the “Company”) (NYSERLJ) announced today that its operating partnership, RLJ Lodging Trust, L.P. (the “Operating Partnership”), priced its offering of $500 million aggregate principal amount of 4.000% senior secured notes due 2029 (the “Notes”) at a price equal to 100.000% of face value. The Notes will pay interest semi-annually in arrears, at a rate of 4.000% per year, and will mature on September 15, 2029. The Notes will be guaranteed by the Company and certain subsidiaries of the Operating Partnership that guarantee the Company’s senior credit facilities. The Notes will be secured, subject to permitted liens, by a first priority security interest in all of the equity interests owned by the Operating Partnership and certain subsidiaries of the Operating Partnership, which collateral also secures the obligations under the Company’s existing credit agreements on a first priority basis.

RLJ Lodging Trust (the “Company”) (NYSERLJ) announced today that its operating partnership, RLJ Lodging Trust, L.P. (the “Operating Partnership” or the “Issuer”), intends to offer $500 million aggregate principal amount of senior secured notes due 2029 (the “Notes”). The Notes will be guaranteed by the Company and certain subsidiaries of the Operating Partnership that guarantee the Company’s senior credit facilities. The Company intends to use the net proceeds of the offering to redeem all of the outstanding 6.000% senior notes due 2025 of its subsidiary, FelCor Lodging Limited Partnership, as well as pay any redemption premium, unpaid interest, costs and expenses related thereto.

RLJ Lodging Trust (the “Company”) (NYSERLJ) today reported results for the three and six months ended June 30, 2021.

RLJ Lodging Trust (the “Company”) (NYSERLJ) today announced that it is under contract to acquire the fee simple interest in the newly-built, 186-room Hampton Inn & Suites Atlanta Midtown (the “Hotel”) for a purchase price of $58.0 million in cash. Upon stabilization, the Company expects the Hotel to generate an estimated 8.0% to 8.5% NOI yield.

RLJ Lodging Trust (the “Company”) (NYSERLJ) is providing additional details regarding its embedded value creation opportunities. By executing on its high-value conversions, revenue enhancements and margin expansion initiatives, the Company expects to unlock significant value.

RLJ Lodging Trust (the “Company”) (NYSERLJ) today announced it will report financial results for the second quarter ended June 30, 2021, after the markets close on August 5, 2021. The Company will also host a conference call on August 6, 2021, at 9:00 a.m. (Eastern Time).

RLJ Lodging Trust (the “Company”) (NYSERLJ) today announced that its Board of Trustees has declared a quarterly cash dividend of $0.01 per common share of beneficial interest. The dividend is payable on July 15, 2021 to shareholders of record as of June 30, 2021.

RLJ Lodging Trust (the “Company”) (NYSERLJ) announced today that its operating partnership, RLJ Lodging Trust, L.P. (the “Operating Partnership”), priced an upsized offering of $500 million aggregate principal amount of 3.750% senior secured notes due 2026 (the “Notes”) at a price equal to 100% of face value, increased from the $400 million aggregate principal amount originally announced. The Notes will pay interest semi-annually in arrears, at a rate of 3.750% per year, and will mature on July 1, 2026. The Notes will be guaranteed by the Company and certain subsidiaries of the Operating Partnership that guarantee the Company’s senior credit facilities. The Notes will be secured, subject to permitted liens, by a first priority security interest in all of the equity interests owned by the Operating Partnership and certain subsidiaries of the Operating Partnership, which collateral also secures the obligations under the Company’s existing credit agreements on a first priority basis.

RLJ Lodging Trust (the “Company”) (NYSERLJ) announced today that its operating partnership, RLJ Lodging Trust, L.P. (the “Operating Partnership” or the “Issuer”), intends to offer $400 million aggregate principal amount of senior secured notes due 2026 (the “Notes”). The Notes will be guaranteed by the Company and certain subsidiaries of the Operating Partnership that guarantee the Company’s senior credit facilities. The Company intends to use the net proceeds of the offering to partially repay outstanding near-term maturity indebtedness under the Company’s credit facilities and the Company’s outstanding secured mortgage indebtedness, as well as any costs and expenses related thereto, and for general corporate purposes.

RLJ Lodging Trust (the “Company”) (NYSERLJ) today reported results for the three months ended March 31, 2021.