RLJ Lodging records robust Q2 performance in gateway hotel markets

08/9/2013 | HotelNewsNow.com

RLJ Lodging Trust said its hotels in New York, Chicago, Houston and Austin, Texas, performed strongly during the second quarter. "We had another outstanding quarter of industry-leading performance. We achieved (revenue-per-available-room) growth of 8.7% and margin expansion of 124 basis points, which was driven by the continued outperformance of our well diversified portfolio," said RLJ President and CEO Thomas Baltimore Jr.

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