RLJ Lodging traded at $7.43 this Friday March 13th, decreasing $0.12 or 1.59 percent since the previous trading session. Looking back, over the last four weeks, RLJ Lodging lost 10.37 percent. Over the last 12 months, its price fell by 14.99 percent. Looking ahead, we forecast RLJ Lodging to be priced at 7.21 by the end of this quarter and at 6.57 in one year, according to Trading Economics global macro models projections and analysts expectations.
RLJ Lodging Trust is a self-advised and self-administered real estate investment trust. The Company is engaged in the acquisition of focused-service and compact full-service hotels. The Company owns approximately 103 hotels with over 22,700 rooms, located in approximately 23 states and the District of Columbia. Its hotels' brand affiliations include Residence Inn, Courtyard, SpringHill Suites, Fairfield Inn & Suites, Marriott, Renaissance, SpringHill Suites, Hilton Garden Inn, Hampton Inn/Hampton Inn & Suites, Embassy Suites, DoubleTree, Hilton, Hyatt Place, Hyatt Centric, Hyatt Place and Wyndham. Its operating partnership is RLJ Lodging Trust, L.P. Its properties include Embassy Suites Birmingham, Courtyard San Francisco, Embassy Suites Irvine Orange County, Renaissance Boulder Flatiron Hotel, Embassy Suites Fort Myers Estero, Embassy Suites West Palm Beach Central and Wyndham San Diego Bayside.