QUOTE AND NEWS
StreetInsider.com  Mar 14  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Dividends/RLJ+Lodging+Trust+%28RLJ%29+Declares+%240.22+Quarterly+Dividend%3B+3.3%25+Yield/9282630.html for the full story.
DailyFinance  Mar 4  Comment 
RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced that it will host its Annual Shareholder Meeting. The time and venue of the 2014 Annual Shareholder Meeting are as follows:    Date: ...
SeekingAlpha  Feb 27  Comment 
RLJ Lodging Trust (RLJ) Q4 2013 Results Earnings Conference Call February 27, 2014 11:00 AM ET Executives Hilda Delgado - Vice President of Finance Tom Baltimore - President and CEO Leslie Hale - Treasurer and CFO Analysts ...
StreetInsider.com  Feb 26  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Earnings/RLJ+Lodging+Trust+%28RLJ%29+Reports+In-Line+Q4+FFO/9221212.html for the full story.
SeekingAlpha  Feb 24  Comment 
By Portfolio Management 101: RLJ Lodging Trust (RLJ) sold 11 of its worst performing hotels for a nifty $85 million. This portfolio of hotels was generating revenue per available room (RevPAR) of $68, which is well below the $100 average for the...
DailyFinance  Feb 14  Comment 
RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced it will report financial results for the fourth quarter and full year ended December 31, 2013, after the markets close on February 26, 2014. The Company will...
Benzinga  Feb 10  Comment 
In a report published Monday, MLV & Co analyst Ryan Meliker initiated coverage on RLJ Lodging Trust (NYSE: RLJ) with a Buy rating and $29.00 price target. In the report, MLV & Co noted, “We are initiating coverage of RLJ Lodging Trust with a...
DailyFinance  Dec 13  Comment 
RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced that its Board of Directors authorized a regular quarterly cash dividend of $0.205 per common share of beneficial interest and a special dividend of $0.035 per...
StreetInsider.com  Nov 6  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Earnings/RLJ+Lodging+Trust+%28RLJ%29+Tops+Q3+FFO+by+29c/8855425.html for the full story.
Forbes  Sep 5  Comment 
Looking back to 169 days ago, RLJ Lodging Trust (NYSE: RLJ) priced a 13,800,000 share secondary stock offering at $21.60 per share. Buyers in that offering made a considerable investment into the company, expecting that their investment would go...




 
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RLJ Lodging Trust (NYSE:RLJ) a Real Estate Investment Trust (REIT) which focuses on the acquisition of premium, compact full-service hotels in the United States. RLJ is one of the largest lodging REITs in the United States in terms of the number of rooms and the number hotels that it owns. Unlike traditional full service hotels, compact full-service have fewer meeting spaces and have a limited supply of food and beverage outlets. As a whole, they require fewer employees to operate. RLJ believes that they produce strong returns since they make their money off the rental of rooms rather than add on services.[1]

Because RLJ Lodging invests in hotels, its revenues are primarily affected by two main drivers. First, the fluctuations in real estate and the U.S. Housing Market alter the capital gains that RLJ will receive from the sale of its hotels. Second, the amount of travel and tourist activity will alter the profitability of the hotels that RLJ operates. This is mostly heavily impacted by the disposable income of individuals and the relative performance of companies paying for travel.[2]

The company's initial public offering of stock on the NYSE occurred on May 10, 2011. The company offered 27.5M shares each for $18. This was below the $19-$21 initial price range. This offering raised a total of $495M. The lead underwriter of the IPO were Bank of America (BAC), Barclays (BCS), and Wells Fargo (WFC).[3]

For the full year 2010, RLJ's total revenue was $546M, and it reported a net loss of $45M. The revenue figure was a 13% increase over the previous year, and the 2010 net loss was smaller than the net loss reported in 2009.[4]

References

  1. RLJ S-11/A PROSPECTUS SUMMARY "Overview" pg 1
  2. RLJ S-11/A PROSPECTUS SUMMARY "The US Lodging Industry and Market Opportunity" pg 4-5
  3. Renaissance Capital - IPO Home "Hotel REIT RLJ Lodging Trust prices IPO at $18, below the range" 10 May 2011
  4. RLJ S-11/A PROSPECTUS SUMMARY "Summary Historical and Pro Forma Combined Financial and Operating Data " pg 14
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