STOCK TITAN

RLJ Lodging Trust - RLJ STOCK NEWS

Welcome to our dedicated news page for RLJ Lodging Trust (Ticker: RLJ), a resource for investors and traders seeking the latest updates and insights on RLJ Lodging Trust.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect RLJ Lodging Trust's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of RLJ Lodging Trust's position in the market.

Rhea-AI Summary
RLJ Lodging Trust declares quarterly cash dividends for common shares and Series A Preferred Shares.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.93%
Tags
dividends
-
Rhea-AI Summary
RLJ Lodging Trust (RLJ) will announce its first-quarter financial results on May 1, 2024, followed by a conference call on May 2, 2024, at 10:00 a.m. (Eastern Time). Investors can access the call by dialing (877) 407-3982 or (201) 493-6780 for international participants. A replay will be available until May 16, 2024, and a live webcast can be accessed on the Company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Summary
RLJ Lodging Trust reported strong financial results for the fourth quarter and full year 2023, with increases in RevPAR, total revenue, net income, and adjusted EBITDA. The company executed multiple capital allocation initiatives, including the acquisition of the Wyndham Boston Beacon Hill. The outlook for 2024 shows continued growth and strategic investments.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.03%
Tags
Rhea-AI Summary
RLJ Lodging Trust (RLJ) announced the 2023 tax classification of dividend distributions for common shares and Series A Preferred Shares. The total distribution for common shares is $0.41 per share, with 90% classified as ordinary non-qualifying dividend and 10% as qualifying dividend. For Series A Preferred Shares, the total distribution is $2.4375 per share, with the same 90-10 split. The information is preliminary and subject to correction.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.53%
Tags
dividends
-
Rhea-AI Summary
RLJ Lodging Trust's Zachari Dunes on Mandalay Beach, Curio Collection by Hilton hotel has been named the 'Best New Hotel Across the US' for 2023 by USA Today. The 250-room, all-suite lifestyle resort underwent a transformative renovation and repositioning in 2022. Leslie D. Hale, President and Chief Executive Officer, expressed appreciation for the recognition and attributed the award to the RLJ team's ability to identify and unlock the deep value embedded in its portfolio and the incredible potential of this iconic oceanfront hotel.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.43%
Tags
none
-
Rhea-AI Summary
RLJ Lodging Trust (RLJ) to Report Q4 and Full Year 2023 Financial Results on February 26, 2024
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
Rhea-AI Summary
RLJ Lodging Trust (RLJ) declares a quarterly cash dividend of $0.10 per common share and $0.4875 on Series A Preferred Shares, payable on January 16, 2024, and January 31, 2024, respectively.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.28%
Tags
dividends
-
Rhea-AI Summary
RLJ Lodging Trust (NYSE: RLJ) Updates Investor Presentation, Announces Two New Conversions in 2024. The company has published a detailed presentation on its embedded value creation initiatives, including brand conversions and repositionings, available on its website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.81%
Tags
none
-
Rhea-AI Summary
RLJ Lodging Trust (NYSE: RLJ) reported Q3 results with a 3.4% increase in RevPAR compared to last year. The company also increased its third quarter dividend by 25% and continued its share repurchases. Total revenue for the quarter was $334.4 million, with net income per diluted share of $0.06. The company remains optimistic about lodging fundamentals and executed multiple capital allocation initiatives.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.99%
Tags
Rhea-AI Summary
RLJ Lodging Trust declares quarterly cash dividends
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.54%
Tags
dividends
RLJ Lodging Trust

NYSE:RLJ

RLJ Rankings

RLJ Stock Data

3.60B
148.78M
2.88%
95.97%
5.06%
Other Financial Vehicles
Finance and Insurance
Link
United States
Bethesda

About RLJ

rlj lodging trust is a self-advised, publicly traded real estate investment trust focused on acquiring premium-branded, focused-service and compact full-service hotels. rlj lodging trust has a portfolio of 125 properties, with approximately 20,800 rooms, located in 21 states and the district of columbia. our hotels are geographically diverse and concentrated in major urban areas and dense markets that provide multiple demand generators from business, leisure and other travelers.