Rlj Lodging Trust (RLJ) 22.47 $RLJ
4 Financial Stocks to Stay Safe if Fed Rates Are Unchanged
Zacks Equity Research - Zacks Investment Research - Wed Jun 15, 1:17PM CDT
Chances were high that the June meeting would see a hike in the Federal funds rate until bleak employment data washed away all hopes
GPN: 74.80 (+1.26), GDOT: 23.84 (+0.11), RLJ: 22.47 (+0.31), ACRE: 12.59 (+0.22)
REIT - Hotel/Motel Stocks Review -- LaSalle Hotel Properties, RLJ Lodging Trust, Ashford Hospitality Trust, and Apple Hospitality REIT
PR Newswire - Fri Jun 10, 7:05AM CDT
On Thursday, June 09, 2016, the NASDAQ Composite ended the trading session at 4,958.62, down 0.32%; the Dow Jones Industrial Average edged 0.11% lower to finish at 17,985.19; and the S&P 500 closed at 2,115.48, down 0.17%. ActiveWallSt.com has initiated coverage on the following equities: LaSalle Hotel Properties (NYSE: LHO), RLJ Lodging Trust (NYSE: RLJ), Ashford Hospitality Trust Inc. (NYSE: AHT), and Apple Hospitality REIT Inc. (NYSE: APLE). Learn more about these stocks by accessing their free trade alerts at:
APLE: 19.49 (+0.15), AHT: 5.71 (+0.15), LHO: 24.86 (+0.63), RLJ: 22.47 (+0.31)
RLJ Lodging Trust Reports First Quarter 2016 Results
BusinessWire - Wed May 04, 3:52PM CDT
--- Repurchased 0.5 million common shares for $11.3 million
RLJ: 22.47 (+0.31)
RLJ Lodging Trust Strengthens Balance Sheet by Refinancing Over $1.0 Billion of Debt
BusinessWire - Thu Apr 28, 8:15AM CDT
RLJ Lodging Trust (the "Company"
(NYSE:RLJ) today announced that it successfully refinanced over $1.0 billion of debt consisting of a $400.0 million unsecured term loan (the "2013 Five-Year Term Loan", a $400.0 million revolving credit facility (the "Revolver", $148.5 million in secured loans provided by Wells Fargo Bank, N.A., and an $85.0 million secured loan provided by PNC Bank, N.A.
RLJ: 22.47 (+0.31)
Thomas J. Baltimore, Jr. Announces His Resignation as President & CEO of RLJ Lodging Trust to Become President & CEO of Hilton's Planned Hotel REIT
BusinessWire - Wed Apr 27, 5:00AM CDT
Robert L. Johnson, Executive Chairman of RLJ Lodging Trust (NYSE:RLJ) announced today that the Board has received and accepted the resignation of Thomas J. Baltimore, Jr., as President & CEO of RLJ Lodging Trust. Mr. Baltimore is resigning to become President & CEO of Hilton Worldwide's planned Hotel REIT. Mr. Baltimore's resignation is effective at RLJ Lodging Trust on May 11, 2016. Mr. Baltimore is a co-founder with Mr. Johnson in the creation and establishment of RLJ Lodging Trust and has served as its CEO since its IPO in 2011. During Mr. Baltimore's tenure as CEO, the company has achieved considerable success. RLJ Lodging Trust has become one of the largest hotel REITs with 125 hotels in 21 states with nearly 21,000 rooms with an enterprise value in excess of $4 billion. Under Mr. Baltimore's leadership, RLJ Lodging Trust has consistently focused on strong asset management, prudent capital allocation and maintaining a low levered balance sheet.
RLJ: 22.47 (+0.31)
Hilton Worldwide Announces CEO and CFO Appointments for Planned REIT
BusinessWire - Wed Apr 27, 5:00AM CDT
Hilton Worldwide (NYSE: HLT) today announced the appointment of Thomas J. Baltimore, Jr. as president and chief executive officer and Sean M. Dell'Orto as chief financial officer of the planned real estate investment trust (REIT) that is expected to form following its separation from Hilton Worldwide later this year.
HLT: 23.46 (+0.13), PRU: 71.81 (+0.82), RLJ: 22.47 (+0.31)
RLJ Lodging Trust Announces Date for 2016 Annual Shareholder Meeting
BusinessWire - Tue Apr 12, 3:30PM CDT
RLJ Lodging Trust (the "Company" (NYSE: RLJ) today announced that it will host its Annual Shareholder Meeting.
RLJ: 22.47 (+0.31)
RLJ Lodging Trust Sets Dates for First Quarter 2016 Earnings Release and Conference Call
BusinessWire - Fri Apr 08, 3:30PM CDT
RLJ Lodging Trust (the "Company" (NYSE: RLJ) today announced it will report financial results for the first quarter ended March 31, 2016, after the markets close on May 4, 2016. The Company will host a conference call on May 5, 2016, at 10:00 a.m. (Eastern Time).
RLJ: 22.47 (+0.31)
RLJ Lodging Trust Announces Dividend for the First Quarter 2016
BusinessWire - Tue Mar 15, 8:15AM CDT
RLJ Lodging Trust (the "Company" (NYSE: RLJ) today announced that its Board of Trustees declared a regular quarterly cash dividend of $0.33 per common share of beneficial interest. The dividend is payable on April 15, 2016, to shareholders of record as of March 31, 2016.
RLJ: 22.47 (+0.31)
What These Hotel REITs are all About? - DRH, LHO, FCH, and RLJ
ACCESSWIRE - Tue Mar 08, 7:02AM CST
NEW YORK, NY / ACCESSWIRE / March 8, 2016 / While global market volatility continues to challenge investors, the outlook for Hotel REITs in 2016 remains on an optimistic level. Today, ValuableInvestment.com takes a closer look at four names in this industry: Diamondrock Hospitality Co. (NYSE: DRH), LaSalle Hotel Properties (NYSE: LHO), FelCor Lodging Trust Inc. (NYSE: FCH), and RLJ Lodging Trust (NYSE: RLJ). Find out more on these stocks by signing up for your complimentary daily alerts at:
FCH: 6.60 (+0.30), LHO: 24.86 (+0.63), RLJ: 22.47 (+0.31), DRH: 9.51 (+0.11)
RLJ Lodging Trust Announces 2015 Dividend Income Tax Information
BusinessWire - Fri Jan 29, 3:45PM CST
RLJ Lodging Trust (the "Company" (NYSE: RLJ) today announced the 2015 tax classification of the dividend distributions made to the Company's holders of its common shares of beneficial interest.
RLJ: 22.47 (+0.31)
RLJ Lodging Trust Sets Dates for Fourth Quarter and Full Year 2015 Earnings Release and Conference Call
BusinessWire - Fri Jan 15, 3:45PM CST
RLJ Lodging Trust (the "Company" (NYSE: RLJ), today announced it will report financial results for the fourth quarter and full year ended December 31, 2015, after the markets close on February 24, 2016. The Company will host a conference call on February 25, 2016, at 10:00 a.m. (Eastern Time).
RLJ: 22.47 (+0.31)
5 Top-Ranked REITs on Sale: Should You Buy for 2016?
Zacks Equity Research - Zacks Investment Research - Mon Jan 04, 2:17PM CST
For U.S. real estate investment trusts (REITs), nothing could have been better if history repeated itself in 2015.
SIR: 27.03 (+0.38), RSE: 18.27 (-0.01), OUT: 24.20 (+0.22), RLJ: 22.47 (+0.31), SNH: 21.74 (+0.13)
Sunstone Disposes Leasehold Interest in Times Square Hotel
Zacks Equity Research - Zacks Investment Research - Mon Dec 21, 3:10PM CST
Sunstone Hotel Investors, Inc. (SHO) disclosed the sale of its leasehold interest in a Times Square hotel for $540 million.
CCI: 100.54 (-1.66), SHO: 12.62 (+0.21), HPT: 30.43 (+0.59), RLJ: 22.47 (+0.31)
RLJ Lodging Trust Announces Dividend for the Fourth Quarter 2015
BusinessWire - Tue Dec 15, 8:15AM CST
RLJ Lodging Trust (the "Company" (NYSE:RLJ) today announced that its Board of Trustees declared a regular quarterly cash dividend of $0.33 per common share of beneficial interest. The dividend is payable on January 15, 2016, to shareholders of record as of December 31, 2015.
RLJ: 22.47 (+0.31)
Strategic Hotels Shareholders Approve Buyout by Blackstone
Zacks Equity Research - Zacks Investment Research - Wed Dec 09, 3:45PM CST
Strategic Hotels & Resorts, Inc. (BEE) has progressed on its acquisition by the affiliate of The Blackstone Group L.P. (BX) as the former received an approval from its shareholders at a special meeting.
BX: 24.10 (+0.10), BEE: 14.22 (-0.02), HPT: 30.43 (+0.59), RLJ: 22.47 (+0.31)
Host Hotels Updates on Share Buybacks and Strategic Plans
Zacks Equity Research - Zacks Investment Research - Tue Nov 17, 12:10PM CST
Host Hotels & Resorts, Inc. (HST) offered an update on its strategic deals and revealed the commencement of share repurchases under its second buyback authorization.
HST: 16.99 (+0.23), PSA: 256.56 (-0.78), RLJ: 22.47 (+0.31), HIW: 53.69 (+0.43)
RLJ Lodging Trust Reports Third Quarter 2015 Results
BusinessWire - Wed Nov 04, 3:45PM CST
--- Repurchased 5.0 million shares for $140.1 million (7.0 million shares repurchased year-to-date)
RLJ: 22.47 (+0.31)
Here's Why LaSalle Hotel Properties (LHO) is a Buy
Todd Bunton - Zacks Investment Research - Thu Oct 08, 12:24PM CDT
: Growth & Income Stock Strategist, Todd Bunton, CFA, highlights LaSalle Hotel Properties (LHO) on October 8, 2015.
CHSP: 24.84 (+0.14), PEB: 27.49 (+0.65), LHO: 24.86 (+0.63), RLJ: 22.47 (+0.31)
RLJ Lodging Trust Completes Acquisition of Residence Inn Palo Alto Los Altos
BusinessWire - Mon Sep 28, 8:15AM CDT
RLJ Lodging Trust (the "Company" (NYSE:RLJ) today announced that it has closed on the previously announced acquisition of the 156-room Residence Inn Palo Alto Los Altos (the "Hotel", for a purchase price of $70.0 million, or approximately $449,000 per key. The purchase price represents a forward capitalization rate of approximately 8.1% on the Hotel's projected 2016 net operating income. The Company assumed $33.4 million of existing debt and funded the remaining portion with cash available on the balance sheet.
RLJ: 22.47 (+0.31)
4 Financial Stocks to Stay Safe if Fed Rates Are Unchanged
Zacks Equity Research - Zacks Investment Research - Wed Jun 15, 1:17PM CDT
Chances were high that the June meeting would see a hike in the Federal funds rate until bleak employment data washed away all hopes
GPN: 74.80 (+1.26), GDOT: 23.84 (+0.11), RLJ: 22.47 (+0.31), ACRE: 12.59 (+0.22)
REIT - Hotel/Motel Stocks Review -- LaSalle Hotel Properties, RLJ Lodging Trust, Ashford Hospitality Trust, and Apple Hospitality REIT
PR Newswire - Fri Jun 10, 7:05AM CDT
On Thursday, June 09, 2016, the NASDAQ Composite ended the trading session at 4,958.62, down 0.32%; the Dow Jones Industrial Average edged 0.11% lower to finish at 17,985.19; and the S&P 500 closed at 2,115.48, down 0.17%. ActiveWallSt.com has initiated coverage on the following equities: LaSalle Hotel Properties (NYSE: LHO), RLJ Lodging Trust (NYSE: RLJ), Ashford Hospitality Trust Inc. (NYSE: AHT), and Apple Hospitality REIT Inc. (NYSE: APLE). Learn more about these stocks by accessing their free trade alerts at:
APLE: 19.49 (+0.15), AHT: 5.71 (+0.15), LHO: 24.86 (+0.63), RLJ: 22.47 (+0.31)
RLJ Lodging Trust Reports First Quarter 2016 Results
BusinessWire - Wed May 04, 3:52PM CDT
--- Repurchased 0.5 million common shares for $11.3 million
RLJ: 22.47 (+0.31)
RLJ Lodging Trust Strengthens Balance Sheet by Refinancing Over $1.0 Billion of Debt
BusinessWire - Thu Apr 28, 8:15AM CDT
RLJ Lodging Trust (the "Company"
(NYSE:RLJ) today announced that it successfully refinanced over $1.0 billion of debt consisting of a $400.0 million unsecured term loan (the "2013 Five-Year Term Loan", a $400.0 million revolving credit facility (the "Revolver", $148.5 million in secured loans provided by Wells Fargo Bank, N.A., and an $85.0 million secured loan provided by PNC Bank, N.A. RLJ: 22.47 (+0.31)
Thomas J. Baltimore, Jr. Announces His Resignation as President & CEO of RLJ Lodging Trust to Become President & CEO of Hilton's Planned Hotel REIT
BusinessWire - Wed Apr 27, 5:00AM CDT
Robert L. Johnson, Executive Chairman of RLJ Lodging Trust (NYSE:RLJ) announced today that the Board has received and accepted the resignation of Thomas J. Baltimore, Jr., as President & CEO of RLJ Lodging Trust. Mr. Baltimore is resigning to become President & CEO of Hilton Worldwide's planned Hotel REIT. Mr. Baltimore's resignation is effective at RLJ Lodging Trust on May 11, 2016. Mr. Baltimore is a co-founder with Mr. Johnson in the creation and establishment of RLJ Lodging Trust and has served as its CEO since its IPO in 2011. During Mr. Baltimore's tenure as CEO, the company has achieved considerable success. RLJ Lodging Trust has become one of the largest hotel REITs with 125 hotels in 21 states with nearly 21,000 rooms with an enterprise value in excess of $4 billion. Under Mr. Baltimore's leadership, RLJ Lodging Trust has consistently focused on strong asset management, prudent capital allocation and maintaining a low levered balance sheet.
RLJ: 22.47 (+0.31)
Hilton Worldwide Announces CEO and CFO Appointments for Planned REIT
BusinessWire - Wed Apr 27, 5:00AM CDT
Hilton Worldwide (NYSE: HLT) today announced the appointment of Thomas J. Baltimore, Jr. as president and chief executive officer and Sean M. Dell'Orto as chief financial officer of the planned real estate investment trust (REIT) that is expected to form following its separation from Hilton Worldwide later this year.
HLT: 23.46 (+0.13), PRU: 71.81 (+0.82), RLJ: 22.47 (+0.31)
RLJ Lodging Trust Announces Date for 2016 Annual Shareholder Meeting
BusinessWire - Tue Apr 12, 3:30PM CDT
RLJ Lodging Trust (the "Company"
(NYSE: RLJ) today announced that it will host its Annual Shareholder Meeting. RLJ: 22.47 (+0.31)
RLJ Lodging Trust Sets Dates for First Quarter 2016 Earnings Release and Conference Call
BusinessWire - Fri Apr 08, 3:30PM CDT
RLJ Lodging Trust (the "Company"
(NYSE: RLJ) today announced it will report financial results for the first quarter ended March 31, 2016, after the markets close on May 4, 2016. The Company will host a conference call on May 5, 2016, at 10:00 a.m. (Eastern Time). RLJ: 22.47 (+0.31)
RLJ Lodging Trust Announces Dividend for the First Quarter 2016
BusinessWire - Tue Mar 15, 8:15AM CDT
RLJ Lodging Trust (the "Company"
(NYSE: RLJ) today announced that its Board of Trustees declared a regular quarterly cash dividend of $0.33 per common share of beneficial interest. The dividend is payable on April 15, 2016, to shareholders of record as of March 31, 2016. RLJ: 22.47 (+0.31)
What These Hotel REITs are all About? - DRH, LHO, FCH, and RLJ
ACCESSWIRE - Tue Mar 08, 7:02AM CST
NEW YORK, NY / ACCESSWIRE / March 8, 2016 / While global market volatility continues to challenge investors, the outlook for Hotel REITs in 2016 remains on an optimistic level. Today, ValuableInvestment.com takes a closer look at four names in this industry: Diamondrock Hospitality Co. (NYSE: DRH), LaSalle Hotel Properties (NYSE: LHO), FelCor Lodging Trust Inc. (NYSE: FCH), and RLJ Lodging Trust (NYSE: RLJ). Find out more on these stocks by signing up for your complimentary daily alerts at:
FCH: 6.60 (+0.30), LHO: 24.86 (+0.63), RLJ: 22.47 (+0.31), DRH: 9.51 (+0.11)
RLJ Lodging Trust Announces 2015 Dividend Income Tax Information
BusinessWire - Fri Jan 29, 3:45PM CST
RLJ Lodging Trust (the "Company"
(NYSE: RLJ) today announced the 2015 tax classification of the dividend distributions made to the Company's holders of its common shares of beneficial interest. RLJ: 22.47 (+0.31)
RLJ Lodging Trust Sets Dates for Fourth Quarter and Full Year 2015 Earnings Release and Conference Call
BusinessWire - Fri Jan 15, 3:45PM CST
RLJ Lodging Trust (the "Company"
(NYSE: RLJ), today announced it will report financial results for the fourth quarter and full year ended December 31, 2015, after the markets close on February 24, 2016. The Company will host a conference call on February 25, 2016, at 10:00 a.m. (Eastern Time). RLJ: 22.47 (+0.31)
5 Top-Ranked REITs on Sale: Should You Buy for 2016?
Zacks Equity Research - Zacks Investment Research - Mon Jan 04, 2:17PM CST
For U.S. real estate investment trusts (REITs), nothing could have been better if history repeated itself in 2015.
SIR: 27.03 (+0.38), RSE: 18.27 (-0.01), OUT: 24.20 (+0.22), RLJ: 22.47 (+0.31), SNH: 21.74 (+0.13)
Sunstone Disposes Leasehold Interest in Times Square Hotel
Zacks Equity Research - Zacks Investment Research - Mon Dec 21, 3:10PM CST
Sunstone Hotel Investors, Inc. (SHO) disclosed the sale of its leasehold interest in a Times Square hotel for $540 million.
CCI: 100.54 (-1.66), SHO: 12.62 (+0.21), HPT: 30.43 (+0.59), RLJ: 22.47 (+0.31)
RLJ Lodging Trust Announces Dividend for the Fourth Quarter 2015
BusinessWire - Tue Dec 15, 8:15AM CST
RLJ Lodging Trust (the "Company"
(NYSE:RLJ) today announced that its Board of Trustees declared a regular quarterly cash dividend of $0.33 per common share of beneficial interest. The dividend is payable on January 15, 2016, to shareholders of record as of December 31, 2015. RLJ: 22.47 (+0.31)
Strategic Hotels Shareholders Approve Buyout by Blackstone
Zacks Equity Research - Zacks Investment Research - Wed Dec 09, 3:45PM CST
Strategic Hotels & Resorts, Inc. (BEE) has progressed on its acquisition by the affiliate of The Blackstone Group L.P. (BX) as the former received an approval from its shareholders at a special meeting.
BX: 24.10 (+0.10), BEE: 14.22 (-0.02), HPT: 30.43 (+0.59), RLJ: 22.47 (+0.31)
Host Hotels Updates on Share Buybacks and Strategic Plans
Zacks Equity Research - Zacks Investment Research - Tue Nov 17, 12:10PM CST
Host Hotels & Resorts, Inc. (HST) offered an update on its strategic deals and revealed the commencement of share repurchases under its second buyback authorization.
HST: 16.99 (+0.23), PSA: 256.56 (-0.78), RLJ: 22.47 (+0.31), HIW: 53.69 (+0.43)
RLJ Lodging Trust Reports Third Quarter 2015 Results
BusinessWire - Wed Nov 04, 3:45PM CST
--- Repurchased 5.0 million shares for $140.1 million (7.0 million shares repurchased year-to-date)
RLJ: 22.47 (+0.31)
Here's Why LaSalle Hotel Properties (LHO) is a Buy
Todd Bunton - Zacks Investment Research - Thu Oct 08, 12:24PM CDT
: Growth & Income Stock Strategist, Todd Bunton, CFA, highlights LaSalle Hotel Properties (LHO) on October 8, 2015.
CHSP: 24.84 (+0.14), PEB: 27.49 (+0.65), LHO: 24.86 (+0.63), RLJ: 22.47 (+0.31)
RLJ Lodging Trust Completes Acquisition of Residence Inn Palo Alto Los Altos
BusinessWire - Mon Sep 28, 8:15AM CDT
RLJ Lodging Trust (the "Company"
(NYSE:RLJ) today announced that it has closed on the previously announced acquisition of the 156-room Residence Inn Palo Alto Los Altos (the "Hotel", for a purchase price of $70.0 million, or approximately $449,000 per key. The purchase price represents a forward capitalization rate of approximately 8.1% on the Hotel's projected 2016 net operating income. The Company assumed $33.4 million of existing debt and funded the remaining portion with cash available on the balance sheet. RLJ: 22.47 (+0.31)
