RLJ Lodging Trust (RLJ) Misses Q2 EPS by 2c
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RLJ Lodging Trust Reports Second Quarter 2021 Results
August 5, 2021 4:30 PM EDT
- Acquired the newly-built Hampton Inn & Suites Atlanta Midtown
- Issued $500 million of high yield bonds
- Open hotel occupancy of 61% and ADR of $142, representing ~75% of 2019
BETHESDA, Md.--(BUSINESS WIRE)-- RLJ Lodging Trust (the Company) (NYSE: RLJ) today reported results for the three and six months ended June 30, 2021.
Transaction Highlights
Acquired the newly-built Hampton Inn & Suites Atlanta Midtown for $58.0 million Issued $500.0 million of five-year senior notes at 3.750% Amended corporate credit... More