RLJ Lodging Trust (RLJ) Misses Q2 EPS by 3c, Revenues Miss

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Go back to RLJ Lodging Trust (RLJ) Misses Q2 EPS by 3c, Revenues Miss

RLJ Lodging Trust Reports Second Quarter 2020 Results and Provides Business Update

August 6, 2020 4:30 PM EDT

- Reopened 36 hotels

- Second quarter cash burn better than expected

- Successfully amended unsecured debt to waive financial covenants

- Continue to maintain strong liquidity with over $1B of cash

BETHESDA, Md.--(BUSINESS WIRE)-- RLJ Lodging Trust (the Company) (NYSE: RLJ) today reported results for the three and six months ended June 30, 2020 and is providing a business update on its operating performance related to the ongoing COVID-19... More