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Sage Hospitality Adds Two Hotels with RLJ Lodging Trust

Sage Hospitality Adds Two Hotels with RLJ Lodging Trust

DENVER—Sage Hospitality has announced the management contracts of two hotels along the West Coast with RLJ Lodging Trust. Furthering an aggressive growth strategy, this is Sage’s 14th new contract in 2014. Already under Sage’s management services is the Courtyard Portland ...

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RLJ Lodging Trust Sells Additional Hotel for $14.1 Million

RLJ Lodging Trust Sells Additional Hotel for $14.1 Million

BETHESDA, Md.—RLJ Lodging Trust has sold an additional non-strategic hotel, the 182-room Hilton Mystic in Mystic, Conn., for approximately $14.1 million or $77,200 per key. The sale price represents approximately a 7.4 percent capitalization rate on the hotel’s projected 2014 ...

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RLJ Lodging Trust Acquires 10-Hotel Portfolio

RLJ Lodging Trust Acquires 10-Hotel Portfolio

BETHESDA, Md.—RLJ Lodging Trust and Hyatt Hotels Corporation announced that their affiliates have closed on the previously announced purchase and sale of 10 Hyatt, Hyatt Place, and Hyatt House hotels, totaling 1,560 rooms. Hyatt affiliates will manage the hotels under ...

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RLJ Lodging Trust Sells Portfolio of 11 Hotels

RLJ Lodging Trust Sells Portfolio of 11 Hotels

BETHESDA, Md.–(BUSINESS WIRE)–RLJ Lodging Trust announced that the company has closed on the sale of a portfolio of 11 hotels for approximately $85 million. The sale price represents approximately a 7.9 percent capitalization rate on the portfolio’s estimated 2013 net ...

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