secwatch.observer — SEC 8-K summary
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Issuer:     RLJ Lodging Trust (RLJ)
CIK:        0001511337
Form:       8-K
Filed at:   2021-11-04T23:59:59+00:00
Accession:  0001511337-21-000018
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RLJ Lodging posts Q3 net loss of $151.8M, RevPAR recovery continues; acquires two hotels, issues $500M notes at 4%
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- Net loss $151.8M ($0.94/share); Adjusted FFO per share $0.17.
- Pro forma RevPAR $98.16 (61.5% occupancy), up from $34.51 in prior year Q3.
- Acquired AC Hotel Boston Downtown ($89M) and Hampton Inn & Suites Atlanta ($58M) in Q3/Q4.
- Issued $500M 4.0% senior notes due 2029 to redeem $475M 6.0% FelCor bonds.
- Recorded $138.9M impairment loss on DoubleTree Hotel Metropolitan NYC.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1511337/000151133721000018/0001511337-21-000018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1511337/000151133721000018/rlj-20211104.htm
  HTML page:      https://secwatch.observer/filing/0001511337-21-000018

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