RLJ LODGING TRUST (NYSE:RLJ) Files An 8-K Other EventsItem 9.01. Other Events
In connection with the proposed sale by White Lodging Services (“White Lodging”) of certain of its management contracts to Interstate Hotels& Resorts,Inc. (“Interstate”), RLJ Lodging Trust (the “Company”) has consented to the assignment of 62 of its 71 hotel management contracts with White Lodging to Interstate. The terms of these management agreements will remain in effect. The Company has been advised that the transaction between White Lodging and Interstate is expected to close on or about January31, 2018.
On December6, 2017, the Company issued a press release regarding the foregoing and a copy of the press release is attached hereto as Exhibit99.1 and is incorporated herein by reference.
Item 9.01.Financial Statements and Exhibits
(d)The following exhibit is filed as part of this report:
Press Release, dated December6, 2017
RLJ Lodging Trust ExhibitEX-99.1 2 a17-28104_1ex99d1.htm EX-99.1 Exhibit 99.1 RLJ Lodging Trust Expands Relationship with Interstate Hotels and Resorts Bethesda,…To view the full exhibit click here About RLJ LODGING TRUST (NYSE:RLJ) RLJ Lodging Trust is a real estate investment trust. The Company is engaged in the acquisition of focused-service and compact full-service hotels. The Company owns approximately 130 hotels with over 20,900 rooms, located in approximately 20 states and the District of Columbia, and an interest in a mortgage loan secured by a hotel. Its hotels’ brand affiliations include Residence Inn, Courtyard, SpringHill Suites, Marriott and Renaissance by Marriott; Hilton Garden Inn, Embassy Suites, DoubleTree, Hilton and Homewood Suites by Hilton, and Hyatt House, Hyatt Place and Hyatt by Hyatt. Its operating partnership is RLJ Lodging Trust, L.P. The Company’s properties include Courtyard San Francisco, Hyatt House Cypress Anaheim, Hyatt House Emeryville San Francisco Bay Area, Hyatt House San Ramon and Hyatt House Santa Clara in California, and Renaissance Boulder Flatiron Hotel, Residence Inn Boulder Louisville, Residence Inn Longmont Boulder and SpringHill Suites Boulder Longmont in Colorado.