RLJ Lodging Trust Q1: RevPAR Surges, Conversions Boost

RLJ Lodging Trusts Q1 earnings soared, with revenue per available room up 4.8% and occupancy at 70.8%. Urban hotels shone, driven by tech, finance, and other sectors, and non-room revenues surged. Expenses rose modestly, and EBITDA margins expanded. The company plans conversions and refinancing, with a strong balance sheet and full-year outlook. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/bfb6bd828fb1dafa

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