RLJ Lodging Trust Reports Fourth Quarter and Full Year 2024 Results
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RLJ Lodging Trust reported its Q4 and full-year 2024 results, showing a 2.2% increase in RevPAR and a 3.2% rise in total revenues. However, the company reported a net loss of $0.9 million for common shareholders.
February 25, 2025 | 9:45 pm
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RLJ Lodging Trust reported a 2.2% increase in RevPAR and a 3.2% rise in total revenues for Q4 2024, but faced a net loss of $0.9 million for common shareholders.
The increase in RevPAR and revenues is positive, but the net loss for common shareholders is a concern. This mixed result may lead to a neutral short-term impact on RLJ's stock price.
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IMPORTANCE 80
RELEVANCE 100