RLJ Lodging Trust is a company that buys hotels with a specific focus on those that offer limited but high-quality services. They own hotels in different parts of the US and Washington DC, which are branded under Marriott, Hilton, and Hyatt. Their revenue is generated from hotel operations such as the sale of rooms, food, and beverages.
The company has a portfolio of 96 hotels with around 21,200 rooms located in 23 states and DC. These hotels are mainly found in places that have high barriers to entry and multiple sources of demand like dense suburban markets, business districts, and major urban areas.
RLJ Lodging Trust is a self-administered and self-advised Maryland REIT, traded on the New York Stock Exchange under the ticker symbol ‘RLJ’. The company focuses on acquiring hotels with long-term growth potential that offer high return on investment, high operating margins, and higher revenue per available room (RevPAR). Its properties are run under well-known global brands like Courtyard by Marriott, Hilton Garden Inn, Moxy Hotels, Residence Inn by Marriott, AC Hotels, Embassy Suites, Hyatt Place and Wyndham.
The company is committed to providing shareholders with a stable source of income through its diversified portfolio of hotels. Its long-term success depends on understanding the needs of its customers and developing a competitive edge in an ever-evolving industry. Through careful analysis, they have consistently been able to identify lucrative investment opportunities in the hospitality sector and deliver superior returns for their shareholders.
By creating value through strategic acquisitions and capital investments, RLJ Lodging Trust has been able to create a reliable source of income for its shareholders. This has allowed them to remain strong and competitive in the hospitality sector, offering quality hotel services to customers worldwide. With a commitment to innovation and excellent customer service, RLJ Lodging Trust stands out among other REITs in the industry.
The company’s financial stability is also a result of their proactive investments in technology and digital marketing. This is one of the reasons why they have been able to remain profitable even during difficult times like the current pandemic. They are continually striving for growth, seeking new opportunities and partnerships that will help further expand their reach in the hospitality sector. With strategic decisions and investments made with care, RLJ Lodging Trust has created a strong foundation for long-term success.