RLJ Lodging Trust (RLJ) Misses Q3 EPS by 42c, Revenues Miss
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RLJ Lodging Trust Reports Third Quarter 2020 Results
November 4, 2020 4:30 PM EST- Portfolio generated positive gross operating profit and open hotels generated positive EBITDA
- Reduced monthly cash burn estimate
- Maintain total liquidity of $1.2 billion
BETHESDA, Md.--(BUSINESS WIRE)-- RLJ Lodging Trust (the Company) (NYSE: RLJ) today reported results for the three and nine months ended September 30, 2020, and is providing a hotel reopening and cash burn update in light of the ongoing COVID-19 pandemic.
Highlights
96 hotels now open, representing... More