jewhyte/iStock via Getty Images Introduction I like the so-called 'busted' preferred shares, as the issuer can't easily call the securities. In RLJ Lodging Trust's (NYSE:RLJ) case, the preferred shares can only be called when the stock is trading at close to $90/share, and given the current share price of just under $10, I don't expect that to happen anytime soon. I have a long position in RLJ's preferred shares, which are trading with (NYSE:RLJ.PR.A) as ticker symbol, and I continue to add to this position ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-35169 RLJ LODGING TRUST (Exact Name of Registrant as Specified in Its Charter) Maryland 27-4706509 (State or Other Jurisd ...

Company Participants Conference Call Participants RLJ Lodging Trust (NYSE:RLJ) Q1 2024 Earnings Conference Call May 2, 2024 10:00 AM ET Michael Bellisario - Baird Tyler Batory - Oppenheimer & Company Josh Friedland - KeyBanc Capital Markets Dori Kesten - Wells Fargo Anthony Powell - Barclays Gregory Miller - Truist Securities Chris Darling - Green Street Operator I would now like to turn the call over to Nikhil Bhalla, RLJ's Senior Vice President, Finance and Treasurer. Please go ahead. On today's call, Les ...

Press Release RLJ Lodging Trust Reports First Quarter 2024 Results Q1 RevPAR increased 1.0% above 2023 Adjusted FFO per diluted share of $0.33 Expanded conversion pipeline by acquiring Wyndham Boston Beacon Hill Bethesda, MD, May 1, 2024 – RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today reported results for the three months ended March 31, 2024. Highlights • Portfolio Comparable RevPAR of $137.88; an increase of 1.0% from last year • Total Revenue of $324.4 million; an increase of 3.1% from last year • ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-35169 RLJ LODGING TRUST (State or Other Jurisdiction of Incorporation or Organization) (I.R.S. Employer Identification No.) 73 ...

Operator Gregory Miller Look, I think as we sit here today, transaction volume continues to be constrained. But we do have an expectation like the broader market that transactions will improve. The volume will improve in the back half of the year, given the expectations around interest rates coming down. That optimism has sort of flushed itself out through increased conversations in general. More previews of assets that ALIS, which you just mentioned, BOVs, are being done. Operator First question on guidanc ...

Press Release RLJ Lodging Trust Reports Fourth Quarter and Full Year 2023 Results Fourth Quarter RevPAR increased 5.2% Executed Multiple Capital Allocation Initiatives in 2023 Acquired the Wyndham Boston Beacon Hill Bethesda, MD, February 26, 2024 – RLJ Lodging Trust (the "Company") (NYSE: RLJ) today reported results for the three months and year ended December 31, 2023. Fourth Quarter Highlights Full Year Highlights "We are pleased to have achieved top-quartile RevPAR growth, capping off a very successful ...

Overall, we remain constructive on the help of lodging fundamentals, which continue to unfold with favorable trends for our portfolio. With respect to our operating performance, despite the impact of several weatherrelated events, our third quarter RevPAR grew 3.4% year-over-year, which was 2x the industry and achieved 98% of 2019, representing a 200 basis point improvement from the prior quarter. Our RevPAR growth was Against this backdrop, we expect our performance to sequentially improve in the fourth qu ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-35169 RLJ LODGING TRUST (Exact Name of Registrant as Specified in Its Charter) Maryland 27-4706509 (State or Other Ju ...

RLJ Lodging Trust (NYSE:RLJ) Q2 2023 Earnings Conference Call August 4, 2023 11:00 AM ET Nikhil Bhalla - Senior Vice President, Finance and Treasurer Leslie Hale - President and CEO Sean Mahoney - Executive Vice President and CFO Tom Bardenett - Executive Vice President and COO Michael Bellisario - Baird Dori Kesten - Wells Fargo Bill Crow - Raymond James Anthony Powell - Barclays Gregory Miller - Truist Securities Chris Woronka - Deutsche Bank Tyler Batory - Oppenheimer & Company Floris Van Dijkum - Compas ...