Tag: RLJ Lodging Trust
A Closer Look at Three of 2017’s Biggest Hospitality Deals
As the old adage goes, patience is a virtue—a virtue that Wyndham Hotel Group exhibited in the acquisition of the Minnesota-based AmericInn brand—one of...
RLJ Lodging and FelCor to Merge into a $7 Billion REIT
BETHESDA, Md. – RLJ Lodging Trust and FelCor Lodging Trust Incorporated announced a merger agreement under which FelCor will merge with and into a...
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...
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’...
RLJ Lodging Trust Acquires DoubleTree Grand Key Resort
BETHESDA, Md.—RLJ Lodging Trust has acquired the 215-room DoubleTree Grand Key Resort in Key West, Fla., for a purchase price of $77 million, or...