Earnings Call Summary | RLJ Lodging Trust(RLJ.US) Q1 2024 Earnings Conference
Earnings Call Summary | RLJ Lodging Trust(RLJ.US) Q1 2024 Earnings Conference
The following is a summary of the RLJ Lodging Trust (RLJ) Q1 2024 Earnings Call Transcript:
以下是RLJ Lodging Trust（RLJ）2024年第一季度業績電話會議記錄的摘要：
Financial Performance:
財務業績：
In Q1 2024, RLJ Lodging Trust's result was aligned with expectations, with RevPAR growing by 1% from last year, largely due to an increase in occupancy. Furthermore, the portfolio's RevPAR growth surpassed the industry average by 80 base points.
The company saw a 13% growth in business transient revenues, with RevPAR rising 11.6% over 2023 figures, including a 5% ADR growth.
RLJ's first-quarter hotel EBITDA margins stood at 27.4%, with adjusted EBITDA of $79.6 million and adjusted FFO per diluted share of $0.33.
在2024年第一季度，RLJ Lodging Trust的業績與預期一致，RevPAR比去年增長了1％，這主要是由於入住率的增加。此外，該投資組合的RevPAR增長比行業平均水平高出80個點子。
該公司的業務臨時收入增長了13％，RevPAR比2023年的數字增長了11.6％，其中包括5％的ADR增長。
RLJ第一季度酒店息稅折舊攤銷前利潤率爲27.4％，調整後的息稅折舊攤銷前利潤爲7,960萬美元，調整後的攤薄後每股FFO爲0.33美元。
Business Progress:
業務進展：
In Q1, RLJ embarked on their next wave of conversions, expanding their conversion pipeline which included the acquisition of the Wyndham Boston Beacon Hill and executing numerous high return ROI projects.
They are on track to complete several hotel conversions this year and in 2025.
Expectations for RevPAR to improve from Q1 and strengthen further in the second half of the year have been stated, driven by citywide events and calendars.
They are anticipating strong group business in the third and fourth quarters of 2024.
Big leaps were noted in the Southern California portfolio in the first quarter, attributed mainly to robust business travel demand.
There are plans to leverage increased flight numbers, particularly to Asia, due to shorter visa processing times.
RLJ also foresees potential benefits from any rise in international inbound travel, especially in their New York, San Francisco, and South Florida markets.
在第一季度，RLJ開始了下一波轉型浪潮，擴大了轉換渠道，其中包括收購波士頓筆架山溫德姆酒店和執行許多高回報投資回報率項目。
他們有望在今年和2025年完成幾次酒店改造。
在全市活動和日曆的推動下，人們已經表示，預計RevPAR將比第一季度有所改善，並在下半年進一步加強。
他們預計，2024年第三和第四季度的集團業務將保持強勁。
南加州的投資組合在第一季度取得了長足的飛躍，這主要歸因於強勁的商務旅行需求。
由於簽證處理時間縮短，計劃利用增加的航班數量，特別是飛往亞洲的航班。
RLJ還預計，國際入境旅行的任何增加都可能帶來好處，尤其是在紐約、舊金山和南佛羅里達市場。
More details: RLJ Lodging Trust IR
更多詳情： RLJ Lodging Trust IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。