secwatch.observer — SEC 8-K summary
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Issuer:     RLJ Lodging Trust (RLJ)
CIK:        0001511337
Form:       8-K
Filed at:   2022-02-23T23:59:59+00:00
Accession:  0001511337-22-000007
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RLJ Lodging Q4 net loss $34M; Dec RevPAR 87% of 2019; acquires 3 hotels in 2021
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- Q4 net loss $34.0M ($0.21/share); Adjusted FFO $0.14/share. Full year net loss $330.3M ($2.01/share).
- Q4 pro forma RevPAR $101.33, 75% of 2019; December RevPAR reached 87% of 2019, best since pandemic.
- Acquired three hotels for $198.3M; sold seven hotels for $208.5M in 2021; match-funded strategy.
- Refinanced $1.3B debt; raised $1B senior secured notes at 3.75%/4.00%; ended with $1B liquidity.
- No 2022 outlook due to COVID uncertainties; declared Q4 dividend $0.01/share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1511337/000151133722000007/0001511337-22-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1511337/000151133722000007/rlj-20220223.htm
  HTML page:      https://secwatch.observer/filing/0001511337-22-000007

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