RLJ Lodging Trust (RLJ) Tops Q3 EPS by 3c
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RLJ Lodging Trust Reports Third Quarter 2019 Results
November 7, 2019 4:30 PM EST- Completed sale of 19 non-core hotels
- Repurchased 4.0 million common shares for approximately $68 million year-to-date
- Executed Wyndham termination agreement
BETHESDA, Md.--(BUSINESS WIRE)-- RLJ Lodging Trust (the Company) (NYSE: RLJ) today reported results for the three and nine months ended September 30, 2019.
Highlights
Pro forma RevPAR decreased slightly by 0.3%, driven by a decline of 0.8% in ADR, partially offset by a 0.5% increase in Occupancy Completed previously announced sale of 18 non-core hotels and... More