# RLJ Lodging Trust

> RLJ Lodging Trust is a publicly traded hotel owner focused on premium-branded, rooms-oriented hotels in U.S. urban and dense suburban markets. It buys, renovates, rebrands and sells properties, using third-party hotel operators and relationships with brands including Marriott, Hilton and Hyatt. Its June 2026 comparable reporting portfolio contained 91 hotels; full-year 2025 revenue was $1.34986 billion.

- **Founded:** 2011
- **Headquarters:** Bethesda, United States
- **Founders:** Robert L. Johnson (Co-founder; Founder and Chairman), Thomas J. Baltimore Jr. (Co-founder; founding President and CEO)
- **Products:** Hotel real estate ownership, Hotel asset management and capital recycling, Hotel conversions and repositioning, Public hotel real estate investment
- **Notable:** Completed a $495 million gross IPO in May 2011 before overallotment., Launched three hotel conversions in 2022: Mills House, Zachari Dunes and The Pierside., Completed conversions in Houston, New Orleans and Pittsburgh during 2024.

## Products & services

- **Hotel real estate ownership** — Ownership of premium-branded focused-service and compact full-service hotels, with operations conducted by third-party managers.
- **Hotel asset management and capital recycling** — Oversees property performance, capital spending, acquisitions and dispositions for the owned portfolio; not presented as a third-party consulting service.
- **Hotel conversions and repositioning** — Renovates and changes brand affiliations to improve positioning, including Mills House, Zachari Dunes and The Pierside launched in 2022.
- **Public hotel real estate investment** — NYSE-listed common shares under RLJ provide exposure to a portfolio of hotel real estate.

## Achievements

- Completed a $495 million gross IPO in May 2011 before overallotment.
- Launched three hotel conversions in 2022: Mills House, Zachari Dunes and The Pierside.
- Completed conversions in Houston, New Orleans and Pittsburgh during 2024.
- Reported Q2 2026 comparable RevPAR of $167.15, up 6.8% year over year.

## Latest updates

- **2026-09** — Declared a $0.15 quarterly common dividend, payable October 15 to shareholders of record September 30; also declared $0.4875 per Series A preferred share.
- **2026-08** — Q2 comparable RevPAR increased 6.8% to $167.15; adjusted EBITDA was $110.4 million. The company raised its full-year outlook.
- **2026-08** — Reported repayment of $500 million senior notes at maturity on July 1, leaving $2.2 billion of debt and no maturities until 2029, inclusive of extension options.
- **2026-02** — Reported 2025 total revenue of $1.34986 billion and comparable full-year RevPAR down 1.7%.

## Links

- Website: https://www.rljlodgingtrust.com/
- LinkedIn: https://www.linkedin.com/company/rlj-lodging-trust

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Profile page: https://yespress.io/rlj-lodging-trust
Published by YesPress — https://yespress.io
Last updated: 2026-10-23