RLJ Lodging Trust Reports First Quarter 2024 Results

BETHESDA, Md.--(BUSINESS WIRE)--RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today reported results for the three months ended March 31, 2024. Highlights Portfolio Comparable RevPAR of $137.88; an increase of 1.0% from last year Total Revenue of $324.4 million; an increase of 3.1% from last year Net income of $4.7 million Comparable Hotel EBITDA of $88.9 million Adjusted EBITDA of $79.6 million Adjusted FFO per diluted common share and unit of $0.33 Addressed all 2024 debt maturities “Our firs