RLJ / RLJ Lodging Trust (RLJ) Q1 2023 Earnings Call Transcript

RLJ Lodging Trust (NYSE:RLJ ) Q3 2023 Earnings Conference Call November 2, 2023 12:00 PM ET Company Participants Nikhil Bhalla - Senior Vice President more_horizontal

While the top- and bottom-line numbers for RLJ Lodging (RLJ) give a sense of how the business performed in the quarter ended September 2023, it could more_horizontal

RLJ Lodging Trust's preferred shares offer a fixed $1.95 annual coupon with an 8.2% yield on cost. The preferred shares are currently trading at a 5.5 more_horizontal

RLJ Lodging Trust is a full-service hospitality REIT with a portfolio of 96 hotels in 23 states, affiliated with premium brands like Marriott and Hilt more_horizontal

RLJ Lodging Trust is a hotel-based REIT with a portfolio of 96 premium-branded full-service hotels. The company not only survived but also thrived in more_horizontal

RLJ Lodging Trust, a REIT that owns high-end hotels, is recovering from the pandemic-induced crisis, with hotel occupancy back to 97% of pre-pandemic more_horizontal

Occupancy rates have stubbornly stayed around 90% of 2019 levels but room rates are still increasing thanks to inflation and remodeling. Leisure trave more_horizontal

RLJ Lodging Trust (NYSE:RLJ ) Q1 2023 Earnings Conference Call May 5, 2023 10:00 AM ET Company Participants Nikhil Bhalla - Senior Vice President, Fin more_horizontal