RLJ Lodging Trust (RLJ) Tops Q1 EPS by 4c, Revenues Beat

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Go back to RLJ Lodging Trust (RLJ) Tops Q1 EPS by 4c, Revenues Beat

RLJ Lodging Trust Reports First Quarter 2021 Results

May 5, 2021 4:31 PM EDT

Total portfolio generated positive Hotel EBITDA each month during the first quarter

Monthly cash burn below low end of guidance

Open hotel occupancy of 46.4%

BETHESDA, Md.--(BUSINESS WIRE)-- RLJ Lodging Trust (the Company) (NYSE: RLJ) today reported results for the three months ended March 31, 2021.

First Quarter Highlights

Repaid $200.0 million on Revolving Credit Facility Sold one non-core hotel for a gain of $1.1 million 97 hotels open during the first quarter,... More