RLJ Lodging Trust Provides Embedded Value Creation Update

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RLJ Lodging Trust (NYSE: RLJ) is providing additional details regarding its embedded value creation opportunities. By executing on its high-value conversions, revenue enhancements and margin expansion initiatives, the Company expects to unlock significant value.



RLJ Lodging Trust;

RLJ Lodging Trust (NYSE: RLJ) is providing additional details regarding its embedded value creation opportunities. By executing on its high-value conversions, revenue enhancements and margin expansion initiatives, the Company expects to unlock significant value.

The Company has published a presentation that provides details on these initiatives that is available through the Investor Relations section of its website at www.rljlodgingtrust.com.

“We are pleased with the ongoing improvement we are seeing in lodging fundamentals,” commented Leslie D. Hale, President and Chief Executive Officer. “With this positive backdrop, we are even more confident in our ability to execute on our embedded value initiatives which will amplify our EBITDA growth throughout this cycle. The opportunities that we are currently pursuing and have detailed in the presentation are expected to unlock $23 million to $28 million in incremental EBITDA, representing an important catalyst to creating meaningful shareholder value.”

RLJ Lodging Trust is a self-advised, publicly traded real estate investment trust that owns primarily premium-branded, high-margin, focused-service and compact full-service hotels.

Logos, product and company names mentioned are the property of their respective owners.

© 2021 Hotel News Resource



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