RLJ Lodging Trust Reports Fourth Quarter and Full Year 2020 Results

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Go back to RLJ Lodging Trust Reports Fourth Quarter and Full Year 2020 Results

RLJ Lodging Trust (RLJ) Tops Q4 EPS by 7c, Revenues Miss

February 25, 2021 5:03 PM EST

RLJ Lodging Trust (NYSE: RLJ) reported Q4 EPS of ($0.57), $0.07 better than the analyst estimate of ($0.64). Revenue for the quarter came in at $91.1 million versus the consensus estimate of $99.73 million.

Fourth Quarter Highlights

95 hotels open throughout quarter, representing 93% of the portfolioTotal portfolio achieved 34.1% occupancy and open hotels achieved 37.5% occupancyTotal revenue of $91.1... More