The Dow Jones Industrial Average had its worst day since 1987 on Thursday, falling more than 10% as the country dealt with the spread of the novel coronavirus and its uncertain impacts on business. The S&P 500 and the Nasdaq were close behind, each falling more than 9%.
RLJ Lodging Trust Sets Dates for First Quarter 2020 Earnings Release and Conference Call
Whilst it may not be a huge deal, we thought it was good to see that the RLJ Lodging Trust (NYSE:RLJ) Independent...
RLJ Lodging Trust Reports First Quarter 2020 Results and Provides Business Update
The Dow Jones Industrial Average had, on Monday, yet another "worst day since 1987," closing down nearly 3,000 points — or 12.9% — on a day where plunging markets once again triggered the New York Stock Exchange's automatic halt in trading and questions remain regarding the full economic effects of the coronavirus outbreak.
Q1 2020 RLJ Lodging Trust Earnings Call
Q4 2019 RLJ Lodging Trust Earnings Call
RLJ Lodging (RLJ) delivered FFO and revenue surprises of -33.33% and 5.26%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
RLJ Lodging Trust Withdraws 2020 Financial Outlook Due to Increased Uncertainty from COVID-19
Bethesda-based Marriott International Inc. (NASDAQ: MAR) has closed dozens of China hotels amid growing concerns over the global spread of the COVID-19 coronavirus. The hospitality giant began to see the coronavirus affect its business in mid-January, as declines in hotel occupancy rates had spread from Wuhan, China, where the virus originated, to other markets in the Asia Pacific region, Marriott President and CEO Arne Sorenson told investors during a Thursday morning earnings call. In February, Marriott hotels in Greater China saw their revenue per available room, or RevPAR, a common industry metric, plunge almost 90% compared with the same period last year.
RLJ Lodging (RLJ) delivered FFO and revenue surprises of 7.89% and 1.23%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
RLJ Lodging Trust Announces Action Plan to Mitigate Impact of COVID-19
RLJ Lodging Trust's (RLJ) latest efforts focused on preserving liquidity and increasing cash as well as lowering operating expenses amid the current turbulence.
RLJ earnings call for the period ending March 31, 2020.
The stock market selloff provides an opportunity to pick up preferred shares at steep discounts to their normal values.
It's been a sad week for RLJ Lodging Trust (NYSE:RLJ), who've watched their investment drop 12% to US$14.13 in the...
RLJ Lodging Trust to Hold Annual Meeting Via Live Webcast
RLJ Lodging Trust Declares Dividends for First Quarter of 2020
Deutsche Bank (DE:DBKGn) analyst Chris Woronka maintained a Hold rating on RLJ Lodging (NYSE:RLJ) Trust on Tuesday, setting a price target of $8, which is approximately 5.44% below the present share price of $8.46.
We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]