RLJ Lodging Trust (NYSE: RLJ) — Company Overview, News & Financial Data
RLJ Lodging Trust is a US REIT specializing in acquiring and operating premium-branded hotels to maximize shareholder value.
RLJ Lodging Trust
RLJ Lodging Trust (NYSE:RLJ) is a real estate investment trust that engages in acquiring, owning, and operating hotels. With a focus on premium-branded, high-margin, focused-service, and compact full-service hotels, their portfolio strategically spans across lucrative markets in the United States. RLJ aims to maximize shareholder value through a hands-on management approach, optimizing hotel operations, and engaging in selective acquisitions and divestitures that align with their strategic vision. Their objective is to enhance the performance and value of their hotel properties while exploring opportunities to expand their footprint in key markets, ensuring a balanced mix of stability, growth, and income for their investors.
Snapshot
Operations
Products and/or services of RLJ Lodging Trust
- Focused on acquiring premium-brand, focused-service, and compact full-service hotels, enhancing asset value through renovation and rebranding strategies.
- Investment in properties located in key business districts and major urban centers to ensure high occupancy and revenue growth.
- Implementing sustainability initiatives to reduce environmental impact while increasing efficiency and profitability across its portfolio.
- Leveraging technological advancements to improve guest experiences, operational efficiency, and revenue management across its hotels.
- Actively participating in community initiatives and partnerships to support local development and foster positive relationships.
- Exploring strategic dispositions of non-core assets to recycle capital into higher growth opportunities.
RLJ Lodging Trust executive team
- Robert L. JohnsonFounder, Chairman & Board of Director
- Leslie D. HalePresident, CEO & Board of Director
- Nikhil BhallaChief Financial Officer
- Thomas J. BardenettExecutive VP & COO
- Frederick D. McKalipExecutive VP, General Counsel & Corporate Secretary
- Kate B. HenriksenExecutive VP & Co-Chief Investment Officer
- Jeffrey DaurayExecutive VP & Co-Chief Investment Officer
- Christopher A. GormsenSenior VP & Chief Accounting Officer
- John Paul AustinDirector of Investor Relations
- Craig AmosChief Development Officer
Latest news about RLJ Lodging Trust
Dividend history
Dividends per share paid by RLJ Lodging Trust, by financial year.
| Financial year | Interim | Final | Special | Total |
|---|---|---|---|---|
| FY2026(to date) | — | — | — | $0.4500 |
| FY2025 | — | — | — | $0.6000 |
| FY2024 | — | — | — | $0.5000 |
| FY2023 | — | — | — | $0.3600 |
| FY2022 | — | — | — | $0.1200 |
Key financials
Reported results for RLJ Lodging Trust, in USD.
- Market cap
- 1.9B
- Revenue (TTM)
- 1.4B
- P/E ratio
- —
- EPS (diluted, TTM)
- 0.0
- Dividend yield
- 4.7%
- Profit margin
- 2.0%
| Fiscal year end | Revenue | Operating income | Net income |
|---|---|---|---|
| 1.3B | 126M | 28.5M | |
| 1.4B | 150.2M | 68M | |
| 1.3B | 152.6M | 76.4M | |
| 1.2B | 121.1M | 41.9M |