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