This article was jointly produced with Seeking Alpha author Preferred Stock Trader.
Overview
RLJ Lodging Trust (NYSE:RLJ) is an internally managed hotel REIT that specializes in premium-branded full-service hotels. To quote from their latest 10K SEC filings:
As of June 30, 2018, the Company owned 156 hotel properties with approximately 30,400 rooms, located in 26 states and the District of Columbia... No single hotel property accounted for more than 4.8% of our total revenue for the year ended December 31, 2017."
A large number of the hotels are Marriott and Hilton brands,