RLJ Lodging Trust

Summary
RLJ Lodging Trust is a self-advised, publicly traded real estate investment trust that owns primarily premium-branded, high-margin, focused-service and compact full-service hotels. The Company's portfolio consists of 103 hotels with approximately 22,570 rooms, located in 23 states and the District of Columbia and an ownership interest in one unconsolidated hotel with 171 rooms.

History

RLJ Lodging Trust was founded in 2011 by Robert L. Johnson, the founder of BET and Chairman of RLJ Companies. RLJ Companies was first established in 2000 and was a private investment and management firm. In 2008, RLJ Companies acquired FelCor Lodging Trust, a publicly traded lodging REIT. After the acquisition, RLJ Companies began to spin off parts of the REIT into smaller REITs. Finally, in 2011, RLJ Lodging Trust was established as a spin-off of the original RLJ Companies REIT.


Mission
Our mission is to create long-term value for our shareholders through strategic investments, effective asset management and disciplined capital allocation.

Vision
Our vision is to be the leading owner and operator of premium hotels in the United States.

Key Team

Mr. Thomas J. Bardenett (COO & Exec. VP of Asset Management)

Ms. Kate B. Henriksen (Co-Chief Investment Officer)

Mr. Jeffrey Dauray (Co-Chief Investment Officer)

Mr. Christopher A. Gormsen CPA (Sr. VP & Chief Accounting Officer)

Ms. Anita Cooke Wells (Sr. VP of Admin. & Corp. Sec.)

Mr. Craig Amos (Exec. VP, Design & Construction)

Ms. Susan Sloan (VP & Controller)


Recognition and Awards
RLJ Lodging Trust has been recognized as one of the top performing companies in the lodging sector by Barron’s and has received numerous awards throughout its history. In 2018, RLJ Lodging Trust was recognized as the Excellence in Financial Reporting award winner by the Financial Accounting Foundation and in 2016 it was designated as a Top 15 REIT by REITWorld Magazine.

References
RLJ Lodging Trust
Leadership team

Mr. Robert Louis Johnson (Co-Founder & Exec. Chairman)

Ms. Leslie D. Hale (Pres, CEO & Trustee)

Mr. Sean M. Mahoney CPA (Exec. VP & CFO)

Products/ Services
Hospitality
Number of Employees
50 - 100
Headquarters
Bethesda, Maryland, United States
Established
2000
Company Registration
SEC CIK number: 0001511337
Net Income
5M - 20M
Revenue
Above - 1B
Traded as
RLJ
Mon Feb 26 2024
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