BETHESDA, Md.–(BUSINESS WIRE)–RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced it has closed on the previously announced disposition of 18 non-core hotels.
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 109 hotels with approximately 23,280 rooms located in 23 states and the District of Columbia and an ownership interest in one unconsolidated hotel with 171 rooms.
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Sean M. Mahoney, Executive Vice President and Chief Financial Officer – (301) 280-7774