Rlj Lodging Trust · NYSE:RLJ
Rlj Lodging Trust — Capital One Conference January 2022
8 slides from Rlj Lodging Trust's conference presentation, January 2022
Slide 1: Capital One Conference Portfolio Update
CAPITAL ONE CONFERENCE PORTFOLIO UPDATE JANUARY 2022
Slide 2: Investment Highlights
INVESTMENT HIGHLIGHTS RLJ’s portfolio construct, embedded growth catalysts and capital recycling initiatives uniquely position the Company to drive outperformance throughout the cycle OPERATING ▪ Continued strong operating performance PERFORMANCE – Poised to benefit from the next leg of recovery whe
Slide 3: 2021 | Weekly Occupancy Trends
2021 | WEEKLY OCCUPANCY TRENDS Lodging fundamentals have continued to close the gap to 2019 Total Portfolio Weekly Occupancy and as % of 2019(1) 75% 120% Total Portfolio Total Portfolio as % of 2019 70% Thanksgiving 101% 100% Labor Day 65% 80% Christmas 60% 60% 60% 55% 40% 50% 20% 45% 40% 0% Jul. 3
Slide 4: Q4 2021 | Operating Update
Q4 2021 | OPERATING UPDATE Positive momentum in fundamentals continued through the fourth quarter Sequential improvement in operating trends each month during Q4 ▪ October, November and December Occupancy at 79%, 83% and 87% respectively, of 2019 levels ▪ October, November and December ADR at 87%, 8
Slide 5: Capital Recycling Enhancing Growth Profile
CAPITAL RECYCLING ENHANCING GROWTH PROFILE During 2021, RLJ accretively recycled ~$200M of capital into high quality acquisitions Mature assets, in slower-growth markets, Younger, high-margin assets, in high-growth with high capital needs markets with no near-term capital needs $144 ~$200M $175 - $2
Slide 6: External Growth | Moxy Denver Cherry Creek
EXTERNAL GROWTH | MOXY DENVER CHERRY CREEK Acquired the recently built Moxy Denver Cherry Creek in December 2021 ▪ Top upscale, lifestyle submarket, positioned for growth – Cherry Creek top submarket undergoing significant office, mixed-use, and residential development – +2.8M SF of office space, 25
Slide 7: External Growth | Moxy Denver Cherry Creek (cont.)
EXTERNAL GROWTH | MOXY DENVER CHERRY CREEK (cont.) Moxy Cherry Creek is accretive to RLJs portfolio metrics and expands footprint in Denver In line with RLJ’s investment parameters… Rooms-oriented High growth market Young asset Heart of demand location Top, upscale submarket Strong RevPAR High margi
Slide 8: Forward-Looking Statements
FORWARD-LOOKING STATEMENTS This information contains certain statements, other than purely historical information, including estimates, projections, statements relating to the Company’s business plans, objectives and expected operating results, measures being taken in response to the COVID-19 pandem
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