secwatch.observer — SEC 8-K summary
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Issuer:     RLJ Lodging Trust (RLJ)
CIK:        0001511337
Form:       8-K
Filed at:   2021-08-05T23:59:59+00:00
Accession:  0001511337-21-000010
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RLJ Lodging Trust Q2 2021: Net loss narrows to $52.2M; acquires Atlanta hotel, issues $500M bonds
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- Net loss of $52.2M ($0.35 per share) vs $116.2M loss in Q2 2020; Adjusted FFO per diluted share $0.07.
- Total revenue $194.3M; pro forma occupancy 57.9%, ADR $142 (75% of 2019 levels).
- Acquired newly-built Hampton Inn & Suites Atlanta Midtown for $58M; issued $500M senior notes at 3.750% due 2026.
- Sold two non-core hotels in Q2 and three in Q3 for total $35.1M; cash $658M, liquidity over $1B.
- Declared $0.01 common dividend; no forward guidance due to pandemic uncertainty.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1511337/000151133721000010/0001511337-21-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1511337/000151133721000010/rlj-20210805.htm
  HTML page:      https://secwatch.observer/filing/0001511337-21-000010

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer