2018 Press Releases

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Q2 2018 RLJ Lodging Trust Earnings Conference Call (Replay)
08/08/18 at 9:00 a.m. ET
Q2 2018 RLJ Lodging Trust Earnings Conference Call
Wednesday, August 8, 2018 9:00 a.m. ET  
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09/14/18RLJ Lodging Trust Announces Dividends for Third Quarter of 2018
BETHESDA, Md.--(BUSINESS WIRE)--Sep. 14, 2018-- RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced that its Board of Trustees has declared a regular quarterly cash dividend of $0.33 per common share of beneficial interest. The dividend is payable on October 15, 2018, to shareholders of record as of September 28, 2018. Based on the Company’s common stock closing price of $22.26 on September 13, 2018, the annualized $1.32 dividend represents a 5... 
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09/05/18RLJ Lodging Trust Announces Sale of The Vinoy Renaissance St. Petersburg Resort & Golf Club for Total Consideration of $188.5 Million
BETHESDA, Md.--(BUSINESS WIRE)--Sep. 5, 2018-- RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced that the Company has sold the 362-room Vinoy Renaissance St. Petersburg Resort & Golf Club for total consideration of $188.5 million, consisting of the contractual sales price of $185.0 million and the release of $3.5 million in member deposits. The total consideration represents approximately $521,000 per key. “We are very plea... 
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08/07/18RLJ Lodging Trust Reports Second Quarter 2018 Results
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07/17/18RLJ Lodging Trust Sets Dates for Second Quarter 2018 Earnings Release and Conference Call
BETHESDA, Md.--(BUSINESS WIRE)--Jul. 17, 2018-- RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced it will report financial results for the second quarter ended June 30, 2018, after the markets close on August 7, 2018. The Company will also host a conference call on August 8, 2018, at 9:00 a.m. (Eastern Time). The Company recommends that you dial in approximately 10 minutes before the call. The conference call can be accessed by dialin... 
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07/16/18RLJ Lodging Trust Names Sean M. Mahoney Executive Vice President, Chief Financial Officer and Treasurer
BETHESDA, Md.--(BUSINESS WIRE)--Jul. 16, 2018-- RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced that Sean M. Mahoney will join the Company as Executive Vice President, Chief Financial Officer and Treasurer, effective August 1, 2018. Mr. Mahoney will report directly to Leslie D. Hale, the Company’s incoming President and Chief Executive Officer. “We are excited to welcome Sean to the RLJ team. Sean is a seasoned REIT executive... 
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07/16/18RLJ Lodging Trust Announces Sale of Embassy Suites Napa Valley for $102 Million
BETHESDA, Md.--(BUSINESS WIRE)--Jul. 16, 2018-- RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced that the Company has closed on the sale of the 205-room Embassy Suites Napa Valley (“Embassy Suites Napa”) for $102.0 million or approximately $498,000 per key. “The sale of the Embassy Suites Napa is another example of how we seek to unlock shareholder value through both non-core and opportunistic sales,” commented Ross H. Bierkan... 
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06/15/18RLJ Lodging Trust Announces Dividends for Second Quarter of 2018
BETHESDA, Md.--(BUSINESS WIRE)--Jun. 15, 2018-- RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced that its Board of Trustees has declared a regular quarterly cash dividend of $0.33 per common share of beneficial interest. The dividend is payable on July 13, 2018, to shareholders of record as of June 29, 2018. Based on the Company’s common stock closing price of $22.41 on June 14, 2018, the annualized $1.32 dividend represents a 5.9% yield. ... 
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05/09/18RLJ Lodging Trust Reports First Quarter 2018 Results
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04/23/18RLJ Lodging Trust Sets Dates for First Quarter 2018 Earnings Release and Conference Call
BETHESDA, Md.--(BUSINESS WIRE)--Apr. 23, 2018-- RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced it will report financial results for the first quarter ended March 31, 2018, after the markets close on May 9, 2018. The Company will also host a conference call on May 10, 2018, at 9:00 a.m. (Eastern Time). The Company recommends that you dial in approximately 10 minutes before the call. The conference call can be accessed by dialing (87... 
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04/10/18RLJ Lodging Trust Announces CEO Succession – Leslie D. Hale to Become President and Chief Executive Officer
Ross H. Bierkan to Retire from the Company After Nearly 20 Years of Service at RLJ BETHESDA, Md.--(BUSINESS WIRE)--Apr. 10, 2018-- RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced that President and Chief Executive Officer Ross H. Bierkan will retire from the Company, effective at the end of the term of his existing employment agreement on August 22, 2018. In alignment with the Board’s executive succession planning, the Board of T... 
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03/28/18RLJ Lodging Trust Announces Sale of Sheraton Philadelphia Society Hill for $95.5 million
BETHESDA, Md.--(BUSINESS WIRE)--Mar. 28, 2018-- RLJ Lodging Trust (the “Company”) (NYSE:RLJ) today announced that the Company has sold the 364-room Sheraton Philadelphia Society Hill (“Sheraton Philadelphia”) in Philadelphia, PA for $95.5 million or approximately $262,000 per key. “The sale of another non-core asset at a highly accretive valuation highlights the meaningful progress we have achieved in realizing the embedded value from the ... 
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03/16/18RLJ Lodging Trust Announces Dividends for First Quarter of 2018
BETHESDA, Md.--(BUSINESS WIRE)--Mar. 16, 2018-- RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced that its Board of Trustees has declared a regular quarterly cash dividend of $0.33 per common share of beneficial interest. The dividend is payable on April 13, 2018, to shareholders of record as of March 29, 2018. Based on the Company’s common stock closing price of $20.24 on March 15, 2018, the annualized $1.32 dividend represents a 6.5% yield.... 
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03/12/18RLJ Lodging Trust Completes Early Redemption of Senior Secured Notes
BETHESDA, Md.--(BUSINESS WIRE)--Mar. 12, 2018-- RLJ Lodging Trust (NYSE: RLJ), announced that it has completed the early redemption of all of the outstanding 5.625% Senior Secured Notes due 2023 issued by FelCor Lodging Limited Partnership in the aggregate principal amount of $524.0 million on March 9, 2018. The Company funded this redemption by using cash on hand and borrowings under its previously undrawn $600.0 million revolving credit facilit... 
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02/27/18RLJ Lodging Trust Reports Fourth Quarter and Full Year 2017 Results
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02/27/18RLJ Lodging Trust Announces Early Redemption of Senior Secured Notes
BETHESDA, Md.--(BUSINESS WIRE)--Feb. 27, 2018-- RLJ Lodging Trust (the “Company”) (NYSE:RLJ), today announced the early redemption of all of the outstanding 5.625% Senior Secured Notes due 2023 issued by FelCor Lodging Limited Partnership (“2023 Senior Notes”). The Senior Notes have an outstanding aggregate principal amount of $524.0 million and will be redeemed in full on March 9, 2018 (the “Redemption Date”). In accordance with the terms... 
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02/13/18RLJ Lodging Trust Appoints Robert J. “Bob” McCarthy to Expanded Board of Trustees
Bob McCarthy, Marriott International’s former Chief Operations Officer, Brings More Deep Operational Expertise and Lodging Industry Leadership to RLJ’s Board BETHESDA, Md.--(BUSINESS WIRE)--Feb. 13, 2018-- The Board of Trustees (the “Board”) of RLJ Lodging Trust (“the Company”) (NYSE:RLJ) has, on the recommendation of the Board’s Nominating and Corporate Governance Committee, appointed Robert J. “Bob” McCarthy, former Chief Operations Officer ... 
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01/31/18RLJ Lodging Trust Announces Amendments to Three Unsecured Term Loans
— New Favorable Pricing and Extended Debt Maturities BETHESDA, Md.--(BUSINESS WIRE)--Jan. 31, 2018-- RLJ Lodging Trust (the “Company”) (NYSE:RLJ), today announced it has successfully amended three of its unsecured term loans with an aggregate amount of $775.0 million. These amendments improve the Company’s maturity profile and reduce the weighted average interest rate on these tranches of debt by approximately 30 basis points on an annualized basis. ... 
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01/31/18RLJ Lodging Trust Announces 2017 Dividend Income Tax Information
BETHESDA, Md.--(BUSINESS WIRE)--Jan. 31, 2018-- RLJ Lodging Trust (the “Company”) (NYSE:RLJ) today announced the 2017 tax classification of the dividend distributions made to the Company’s holders of its common shares of beneficial interest and Series A Preferred Shares. The income tax classification as expected to be reported on Form 1099-DIV is as follows:   Commo... 
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01/23/18RLJ Lodging Trust Sets Dates for Fourth Quarter and Full Year 2017 Earnings Release and Conference Call
BETHESDA, Md.--(BUSINESS WIRE)--Jan. 23, 2018-- RLJ Lodging Trust (the “Company”) (NYSE: RLJ), today announced it will report financial results for the fourth quarter and full year ended December 31, 2017, after the markets close on February 27, 2018. The Company will also host a conference call on February 28, 2018, at 10:00 a.m. (Eastern Time). The Company recommends that you dial in approximately 10 minutes before the call. The conferen... 
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01/05/18RLJ Lodging Trust Names Ryan Meliker Senior Vice President of Corporate Strategy and Investor Relations
BETHESDA, Md.--(BUSINESS WIRE)--Jan. 5, 2018-- RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced that Ryan Meliker will be joining the Company as Senior Vice President, Corporate Strategy and Investor Relations, effective January 17, 2018. Mr. Meliker will report to Leslie D. Hale, the Company’s Chief Operating Officer and Chief Financial Officer. “We are excited for Ryan to join the RLJ team. With more than 15 years of experie... 
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