secwatch.observer — SEC 8-K summary
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Issuer:     RLJ Lodging Trust (RLJ)
CIK:        0001511337
Form:       8-K
Filed at:   2022-11-02T23:59:59+00:00
Accession:  0001511337-22-000031
Event type: earnings
Sentiment:  positive
Materiality: 0.78
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RLJ Lodging Trust Q3 RevPAR at 94.5% of 2019; Adjusted FFO $0.40/share
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- Pro forma RevPAR of $137.09 (94.5% of 2019); total revenue $318.1M; net income to common $11.3M ($0.07/share).
- Adjusted FFO per share $0.40; Adjusted EBITDA $92.0M.
- Completed two hotel conversions (Mills House, Zachari Dunes) now outperforming expectations.
- Addressed 2023 maturities: new $200M term loan (Jan 2028) used to repay $194M of near-term debt.
- Repurchased 0.7M shares for $7.1M in Q4; quarterly dividend raised to $0.05/share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1511337/000151133722000031/0001511337-22-000031-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1511337/000151133722000031/rlj-20221102.htm
  HTML page:      https://secwatch.observer/filing/0001511337-22-000031

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