Highest-materiality recent filing
RLJ Lodging Trust reports Q1 2026: RevPAR +4.8%, Adj FFO $0.33, raises FY outlook
Net loss of $0.3M; Adjusted FFO per diluted share/unit $0.33, up 6.5% YoY.
RLJ shareholders approve 2026 equity plan; say-on-pay passes with 14M votes against
2026 Equity Incentive Plan approved; replaces 2021 Plan with up to 4,763,000 new shares plus rollover.
RLJ Q4 RevPAR down 1.5%, net income $0.5M; FY net income $28.6M down 58% YoY
Q4 comparable RevPAR $136.79 (-1.5% YoY); hotel revenue $325.1M (+0.2%); net income $0.5M; Adj FFO $0.32/share.
RLJ Lodging Trust completes refinancing, extends revolver to 2031, adds $150M term loan
Extended $600M revolver maturity to 2031, including extension options.
RLJ Lodging Trust reports Q3 net loss of $3.8M; RevPAR down 5.1% YoY; lowers FY 2025 outlook
Net loss $3.8M ($0.07 per share); Adjusted FFO per diluted share $0.27 vs $0.40 prior year.
RLJ Lodging Trust appoints Nikhil Bhalla as CFO, internal promotion
Nikhil Bhalla named CFO effective Sept 15, 2025; previously SVP Finance and Treasurer.
RLJ Lodging Trust Q2 net income $28.6M, RevPAR down 2.1%; tightens FY guidance
Net income of $28.6M ($0.15 diluted EPS); Adjusted FFO per share $0.48, down 5.9% YoY.
RLJ Lodging Trust Q1 RevPAR up 1.6%, Adj FFO $0.31; updates 2025 outlook
Comparable RevPAR $141.23 (+1.6% YoY); Total Revenue $328.1M; Net Income $3.2M.
RLJ Lodging Trust announces 2025 annual meeting voting results
All nine trustee nominees elected; votes for ranged from ~120.5M to ~124M.
RLJ Lodging Trust EVP, General Counsel Chad Perry to step down May 9, 2025
Chad Perry, Executive VP, General Counsel & Corporate Secretary, resigns effective May 9, 2025.
RLJ Lodging Trust CFO Sean Mahoney to retire in May 2025; succession underway
Sean Mahoney, EVP and CFO, to retire at end of his employment agreement in May 2025 after 7 years.
RLJ Lodging Trust Q4 net loss $0.9M, RevPAR +2.2%, Adjusted FFO $0.33; provides FY2025 outlook
Q4 net loss attributable to common shareholders of $0.9M; diluted EPS loss $0.01.
RLJ Lodging Trust enters amended employment agreement with Executive Chairman Robert L. Johnson
New 3-year employment agreement effective Nov 1, 2024, replaces prior agreement.
RLJ Lodging Trust renews COO Bardenett's agreement; base salary $565K unchanged
New employment agreement with EVP/COO Thomas Bardenett effective Dec 20, 2024; initial term to Feb 1, 2028, with auto-renewal to Feb 2029 if no notice.
RLJ Lodging Trust Q3 RevPAR up 2.0%; net income $20.6M; dividend raised 50%
Comparable RevPAR $145.23 (+2.0% YoY); Comparable Hotel Revenue $344.7M (+3.0%); Net Income $20.6M.
RLJ Lodging Trust closes $500M term loan, repays $400M existing loan and $100M revolver
New $500M Tranche A-2 term loan matures Sept 24, 2027, with two 1-year extension options.
RLJ Lodging Trust enters $150M at-the-market equity program with forward sale capability
RLJ entered into an ATM equity distribution agreement to sell up to $150M in common shares.
RLJ Lodging Trust Q2 RevPAR +2.6%; raises dividend to $0.15; acquires Hotel Teatro
Q2 RevPAR $157.30 (+2.6% YoY); total revenue $369.3M (+3.5%); net income $37.3M.
RLJ Lodging Trust shareholders re-elect nine trustees, ratify auditor, approve say-on-pay
All nine trustee nominees elected; votes for ranged from 129.4M to 135.0M (broker non-votes 3.6M).
RLJ Lodging Trust Q1 revenue up 3.1% to $324M; net income down 55% to $4.7M
Comparable RevPAR $137.88, up 1.0% YoY; ADR flat, occupancy up 1.2%.
RLJ Lodging Q4 RevPAR +5.2% to $133.84; Adj FFO $0.34; 2024 RevPAR guidance 2.5-5.5%
Q4 diluted EPS $0.01; Adjusted FFO per share $0.34 vs $0.33 prior year.
RLJ Lodging Trust Q3 RevPAR up 3.4% to $141.81; dividend increased 25%; Q4 guidance issued
Total revenue $334.4M; net income $0.06/diluted share; Adj FFO $0.40/shr.
RLJ Lodging posts Q2 RevPAR growth of 4.5%, net income $41.7M, dividend up 25%
Portfolio Comparable RevPAR $152.89, up 4.5% YoY; ADR $203.53, occupancy 75.1%.
Revolver maturity extended to May 2027 with one 1-year extension option.
RLJ Lodging Trust shareholders elect all trustee nominees, ratify PWC, approve say-on-pay
All 9 trustee nominees elected with 124M-129M votes for each; broker non-votes of 9.1M.
RLJ Lodging Q1 RevPAR up 27%, net income $10.5M, dividend raised 60%
Q1 comparable RevPAR $136.45 (+27.0% YoY), occupancy 68.5% vs 61.1%, ADR $199.07 (+13.2%).
CEO Leslie D. Hale signs new 4-year employment agreement with unchanged terms
Base salary remains $840,000 per year; target cash bonus 175% of base salary.
RLJ Lodging Trust Q4 2022 results: Adj FFO $0.33/shr, dividend raised 60% to $0.08
Q4 net income $0.3M ($0.00 diluted EPS); Adj FFO per share $0.33; Revenue $302.2M.
RLJ Lodging Trust Q3 RevPAR at 94.5% of 2019; Adjusted FFO $0.40/share
Pro forma RevPAR of $137.09 (94.5% of 2019); total revenue $318.1M; net income to common $11.3M ($0.07/share).
RLJ Lodging Trust appoints Tom Bardenett as EVP & COO
Tom Bardenett, previously EVP of Asset Management, appointed EVP & COO effective September 13, 2022.
RLJ Lodging Trust Q2 net income $26.7M; RevPAR reaches 92% of 2019 levels
Pro forma RevPAR $146.05 (92% of 2019), up 71% YoY; total revenue $330.5M.
RLJ Lodging Trust authorizes $250M share repurchase program through May 2023
Board authorized up to $250M in repurchases of common shares and/or Series A convertible preferred shares.
RLJ Lodging Trust Q1 net loss $21.5M, RevPAR 74% of 2019; authorizes $250M buyback
Net loss attributable to common shareholders $21.5M ($0.13 per share); total revenue $242.9M, more than double YoY.
Director Glenda McNeal not standing for reelection at RLJ's 2022 annual meeting
Glenda G. McNeal notified RLJ Board she will not stand for reelection at April 29, 2022 annual meeting.
RLJ Lodging Q4 net loss $34M; Dec RevPAR 87% of 2019; acquires 3 hotels in 2021
Q4 net loss $34.0M ($0.21/share); Adjusted FFO $0.14/share. Full year net loss $330.3M ($2.01/share).
RLJ Lodging Trust appoints Robin Zeigler to Board of Trustees effective immediately
Robin Zeigler, EVP/COO of Cedar Realty Trust (NYSE:CDR), joins as independent trustee.
RLJ Lodging Trust enters amended employment agreements with Chairman Johnson and CFO Mahoney
Executive Chairman Robert L. Johnson gets new 3-year term; base salary $500,000, bonus opportunities up to 225% of base salary.
Net loss $151.8M ($0.94/share); Adjusted FFO per share $0.17.
RLJ issues $500M 4% secured notes due 2029 to refinance 6% FelCor notes; amends credit facilities
Issued $500M 4.000% Senior Secured Notes due 2029; proceeds to redeem FelCor's 6.00% senior notes due 2025.
$500M aggregate principal of senior secured notes due 2029 offered by RLJ Lodging Trust, L.P.
RLJ Lodging Trust prices $500M senior secured notes at 4.000%, due 2029
$500M aggregate principal, 4.000% coupon, maturity Sept 15, 2029, priced at 100% of face value.
RLJ Lodging Trust Q2 2021: Net loss narrows to $52.2M; acquires Atlanta hotel, issues $500M bonds
Net loss of $52.2M ($0.35 per share) vs $116.2M loss in Q2 2020; Adjusted FFO per diluted share $0.07.
On April 9, 2025, Chad Perry, Executive Vice President, General Counsel and Corporate Secretary of RLJ Lodging Trust (the “Company”), informed the Company of his decision to step down from all positions he holds with the Company, effective May 9, 2025, to pursue principal investing opportunities.
On March 14, 2025, Sean Mahoney, Executive Vice President and Chief Financial Officer of RLJ Lodging Trust (the “Company”), provided notice to the Board of Trustees of the Company of his intention to retire, effective at the end of the term of his employment agreement in May 2025.
On September 13, 2022, the Board of Trustees of RLJ Lodging Trust (the “Company”) appointed Tom Bardenett Executive Vice President and Chief Operating Officer of the Company.
Glenda G. McNeal notified the Board of Trustees that she has determined not to stand for reelection as a trustee of the Board of Trustees at the 2022 Annual Meeting.
On February 18, 2022, Robin Zeigler was appointed to the board of trustees (the “Board of Trustees”) of RLJ Lodging Trust (the “Company”)
Max materiality 0.78 · Median 0.65 · Most common event earnings