RLJ Lodging Trust (RLJ) Tops Q3 EPS by 9c, Beats on Revenue

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Go back to RLJ Lodging Trust (RLJ) Tops Q3 EPS by 9c, Beats on Revenue

RLJ Lodging Trust Reports Third Quarter 2024 Results

November 6, 2024 4:30 PM EST

Q3 RevPAR increased 2.0% compared to 2023

Redeployed disposition proceeds to repurchase $20.7 million of common shares

Entered into a new $500.0 million term loan

BETHESDA, Md.--(BUSINESS WIRE)-- RLJ Lodging Trust (the Company) (NYSE: RLJ) today reported results for the three and nine months ended September 30, 2024.

Third Quarter Highlights

Portfolio Comparable RevPAR of $145.23; an increase of 2.0% from last year Comparable Hotel Revenue of $344.7 million; an increase of 3.0% from... More