RLJ offers a repaired balance sheet, high-margin urban lodging exposure and disciplined capital returns at a still-modest FFO multiple.
Overview
RLJ Lodging Trust is a domestic hotel REIT owning 92 premium-branded, focused-service and compact full-service hotels with about 21,000 rooms across 23 states and Washington, D.C. Room revenue accounts for roughly 81% of sales, supporting a simpler, higher-margin operating model. The portfolio is concentrated in high-barrier urban and dense suburban markets, including Northern California, South Florida and New York. Strong Marriott, Hilton and Hyatt affiliations anchor demand through global reservation systems, loyalty programs and trusted brand standards.