RLJ Lodging Trust filings document a Maryland real estate investment trust with common shares of beneficial interest listed on the New York Stock Exchange under RLJ. Current reports furnish quarterly and annual operating results, including hotel portfolio revenue measures and non-GAAP lodging REIT metrics, and disclose material agreements involving the operating partnership, credit facilities, term loans and mortgage financing.
Proxy materials describe annual meeting matters, board and shareholder voting items, corporate governance practices, portfolio summaries and equity compensation plans such as the 2026 Equity Incentive Plan. The filing record also documents executive officer appointments, Section 12(b) security information, and the formal exhibits used to report press releases and financing agreements.
Schedule 13G/A filed for RLJ Lodging Trust discloses ownership of the issuer's $1.95 Series A cumulative convertible preferred shares by Infrastructure Capital Advisors and affiliated funds. Virtus InfraCap U.S. Preferred Stock ETF reports beneficial ownership of 1,534,120 shares (12.31% of the class) with shared voting and dispositive power. InfraCap Equity Income Fund ETF holds 51,074 shares (0.40%) with shared voting and dispositive power. Infrastructure Capital Advisors and Jay Hatfield report 0 shares beneficially owned. The filing states the shares are held in client accounts and disclaims admission of beneficial ownership beyond pecuniary interest.
RLJ Lodging Trust Form 3: Frederick D. McKalip, EVP, General Counsel & Corporate Secretary, reports beneficial ownership of 222,589 common shares held directly. The holding includes 10,521 restricted shares granted under the RLJ Lodging Trust 2021 Equity Incentive Plan; those restricted shares vest ratably over three years on each annual anniversary of the grant.
RLJ Lodging Trust owns 95 hotels (approximately 21,200 rooms) and reported total assets of $4,822.8 million at June 30, 2025. For the three months ended June 30, 2025, total revenues were $363.1 million and net income was $28.6 million, with net income attributable to common shareholders of $22.2 million and basic EPS of $0.15. Hotel EBITDA for the quarter was $113.4 million, down from $118.3 million a year earlier. Comparable-property operating metrics for the quarter were occupancy 75.5%, ADR $205.03 and RevPAR $154.90.
RLJ finished the period with cash and restricted cash reserves of $401.2 million and consolidated net debt of $2,220.8 million. Key financing actions in 2025 included refinancing a term loan to $300.0 million (extending initial maturity to April 2028) and using the incremental proceeds to pay off a $100.0 million revolver balance. The company approved a $250.0 million share repurchase program and repurchased ~3.3 million common shares for ~$28.2 million in the first half of 2025. RLJ remained in compliance with its listed debt covenants.