RLJ Lodging Trust (RLJ) Tops Q2 EPS by 7c
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RLJ Lodging Trust Reports Second Quarter 2022 Results
August 4, 2022 4:30 PM EDT
- Acquired a boutique lifestyle hotel in Nashville
- Increased quarterly dividend to $0.05 per common share
- Successfully exited covenant waivers
- Repurchased common shares
BETHESDA, Md.--(BUSINESS WIRE)-- RLJ Lodging Trust (the Company) (NYSE: RLJ) today reported results for the three and six months ended June 30, 2022.
Highlights
Pro forma RevPAR of $146.05 for Q2; representing 92% of 2019 levels, improving 36% from Q1 Total revenue of $330.5 million Net income... More