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

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

RLJ Lodging Trust Reports Fourth Quarter and Full Year 2020 Results

February 25, 2021 4:30 PM EST

- 95 open hotels during fourth quarter

- Open hotel occupancy increased to 37.5%

- Q4 monthly cash burn $20 million below expectations

- Total liquidity of approximately $1.1 billion

BETHESDA, Md.--(BUSINESS WIRE)-- RLJ Lodging Trust (the Company) (NYSE: RLJ) today reported results for the three months and year ended December 31, 2020.

Fourth Quarter Highlights

95 hotels open throughout quarter, representing 93% of the portfolio Total portfolio achieved 34.1%... More