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RLJ Lodging Trust Acquires Hyatt Atlanta Midtown

RLJ Lodging Trust Acquires Hyatt Atlanta Midtown

BETHESDA, Md.—RLJ Lodging Trust today announced that it has acquired the 194-room Hyatt Atlanta Midtown located in Atlanta, Ga., for a purchase price of $49.5 million, or approximately $255,000 per key. The purchase price represents a forward capitalization rate of ...

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RLJ Lodging Trust Continues to Deliver Outsized Returns

RLJ Lodging Trust Continues to Deliver Outsized Returns

Tom Baltimore speaks in measured tones and rarely shies away from blunt truths. He certainly doesn’t need to raise his voice to make a point. RLJ Lodging Trust’s blockbuster success has everyone from institutional investors to hotel company CEOs paying ...

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Sage Hospitality Adds Two Hotels with RLJ Lodging Trust

Sage Hospitality Adds Two Hotels with RLJ Lodging Trust

DENVER—Sage Hospitality has announced the management contracts of two hotels along the West Coast with RLJ Lodging Trust. Furthering an aggressive growth strategy, this is Sage’s 14th new contract in 2014. Already under Sage’s management services is the Courtyard Portland ...

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RLJ Lodging Trust Sells Additional Hotel for $14.1 Million

RLJ Lodging Trust Sells Additional Hotel for $14.1 Million

BETHESDA, Md.—RLJ Lodging Trust has sold an additional non-strategic hotel, the 182-room Hilton Mystic in Mystic, Conn., for approximately $14.1 million or $77,200 per key. The sale price represents approximately a 7.4 percent capitalization rate on the hotel’s projected 2014 ...

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