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RLJ Lodging Completes SpringHill Suites Houston Transformation

RLJ Lodging Completes SpringHill Suites Houston Transformation

BETHESDA, Md.—RLJ Lodging Trust (the “company”) (NYSE:RLJ) today announced that it has opened its 167-room SpringHill Suites Houston Downtown/Convention Center (the “hotel”) following an extensive conversion of an 82-unit apartment building. The hotel was acquired by the company in 2013 ...

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RLJ Lodging Trust Sells 24 Hotels for $240 Million

RLJ Lodging Trust Sells 24 Hotels for $240 Million

RLJ Lodging Trust has sold 24 hotels for approximately $240 million. The sale price represents approximately a 7.9 percent capitalization rate on the hotels’ 2014 net operating income, including planned capital expenditures. The 24 hotels were initially acquired as part ...

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RLJ Lodging Trust Acquires Hyatt Atlanta Midtown

RLJ Lodging Trust Acquires Hyatt Atlanta Midtown

BETHESDA, Md.—RLJ Lodging Trust today announced that it has acquired the 194-room Hyatt Atlanta Midtown located in Atlanta, Ga., for a purchase price of $49.5 million, or approximately $255,000 per key. The purchase price represents a forward capitalization rate of ...

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