This is the total number of members on RLJ Lodging Trust’s Board of Directors.
What is nine?
REIT stands for this.
What is Real Estate Investment Trust?
This chain’s slogan “We’ll leave the light on for you” is synonymous with roadside economy lodging.
What is Motel 6?
Hotel owners and REITs love this “bottom line before the bottom line,” which strips away taxes, interest, and non-cash charges to measure property performance.
What is EBIDTA?
The department that says, “Yes, that hotel is a gem” or “Nope, not at that price.”
What is Investments & Portfolio Analysis?
RLJ Lodging Trust has the most hotels in which state
What is California?
A REIT must distribute at least this percentage of its taxable income to shareholders as dividends each year.
What is 90%?
In this Netflix thriller, guests at a luxury resort discover dark secrets — and one of them doesn’t make it past check-out.
What is The White Lotus?
This acronym, made up of three letters, is the international group that assigns stars to hotels — no, not celebrities, but actual hotel quality ratings.
What is AAA?
The team with more Excel tabs than hotel rooms, turning numbers into strategies (and occasionally magic).
What is FP&A / Capital Markets?
This Marriott brand is one of the largest flags in RLJ’s portfolio.
What is Courtyard by Marriott?
In real estate, this type of lease lets you build the hotel — but not own the dirt it sits on.
What is a ground lease?
Redrum, spooky twins, and Jack Nicholson breaking down a door yelling “Here’s Johnny!” all came from this 1980 hotel-set horror flick.
What is The Shining?
When calculating hotel performance, this metric combines occupancy and ADR (average daily rate).
What is RevPAR (Revenue per Available Room)?
The group that treats each property like it’s on Shark Tank — constantly asking, “Are you performing or not?”
What is Asset Management?
In 2011, RLJ Lodging Trust celebrated this milestone.
What is going public / IPO?
Unlike office or retail REITs, lodging REITs don’t have long-term leases. Instead, their revenue comes from this daily transaction.
What is a hotel room night (or guest stay)?
The phrase “checking in, but you can’t check out” comes from this Eagles classic.
What is Hotel California?
STR reports are a hotelier’s bible. STR stands for this, the company that provides benchmarking data on occupancy and rates.
What is Smith Travel Research?
If RLJ were a ship, this office would be the captain at the helm.
What is Office of the President or Office of the CEO?
RLJ’s strategic focus balances this metric with long-term growth.
What is shareholder value?
The first REIT legislation was signed in this decade.
What are the 1960s?
In Home Alone 2, Kevin McCallister stays in this luxury Manhattan hotel.
What is The Plaza Hotel?
At the airport it gets you through security, but in REIT land this three-letter acronym is also a contract between a hotel owner and a management company.
What is a Technical Services Agreement (or Third-Party Service Agreement, depending on context)?
If talent is our most valuable asset, this team manages the portfolio.
What is Human Resources?