RLJ Lodging Trust (RLJ) Misses Q3 EPS by 4c

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RLJ Lodging Trust Reports Third Quarter 2022 Results

November 2, 2022 4:41 PM EDT

- Completed transformative conversions and rebrandings at Charleston and Mandalay Beach
- Addressed all 2023 maturities
- Acquired one hotel in Nashville
- Active share buy backs

BETHESDA, Md.--(BUSINESS WIRE)-- RLJ Lodging Trust (the Company) (NYSE: RLJ) today reported results for the three and nine months ended September 30, 2022.

Highlights

Pro forma RevPAR of $137.09 for Q3, representing 94.5% of 2019 levels, an improvement from Q2 2022 RevPAR as percentage of 2019 Total revenue of... More