| Market Capitalization (Millions $) |
1,116 |
| Shares
Outstanding (Millions) |
159 |
| Employees |
3,598 |
| Revenues (TTM) (Millions $) |
1,369 |
| Net Income (TTM) (Millions $) |
68 |
| Cash Flow (TTM) (Millions $) |
-122 |
| Capital Exp. (TTM) (Millions $) |
295 |
Rlj Lodging Trust
RLJ Lodging Trust (RLJ) is a real estate investment trust (REIT) that specializes in investing in premium-branded, focused-service and compact full-service hotels. The company was founded in May 2011 and is headquartered in Bethesda, Maryland.
RLJ Lodging Trust owns a diversified portfolio of hotels located in premium markets across the United States. The company invests in properties that are focused on the business traveler, including hotels located in central business districts, near airports, or in other major urban areas. RLJ also owns hotels located near key tourist destinations and leisure markets.
RLJ has approximately 122 hotels in its portfolio, which includes over 20,000 guest rooms. The companyes hotels are branded under various industry-leading flags, including Marriott, Hilton, and Hyatt. The hotels are located in 23 states across the United States, including key markets like New York City, Chicago, and San Francisco.
RLJ is known for its disciplined approach towards acquisitions and its focus on value creation for investors. The company has a strong track record of identifying and acquiring high-quality assets in prime locations, which has helped it grow its portfolio over the years.
In addition to its portfolio of hotels, RLJ recently entered the residential real estate market through the acquisition of a luxury high-rise apartment complex in Chicago. The company plans to continue exploring opportunities in this space and expand its footprint in residential real estate.
Overall, RLJ Lodging Trust is a well-established REIT that focuses on investing in premium-branded hotels in key markets across the United States. The company has a strong track record of identifying and acquiring high-quality assets, and its disciplined approach towards acquisitions has helped it achieve consistent growth over the years.
Company Address: 7373 Wisconsin Avenue, Suite 1500 Bethesda, 20814 MD
Company Phone Number: 280-7777 Stock Exchange / Ticker: NYSE RLJ
|
1.28%