Earnings Call Summary | RLJ Lodging Trust(RLJ.US) Q4 2023 Earnings Conference
Earnings Call Summary | RLJ Lodging Trust(RLJ.US) Q4 2023 Earnings Conference
The following is a summary of the RLJ Lodging Trust (RLJ) Q4 2023 Earnings Call Transcript:
以下是RLJ Lodging Trust（RLJ）2023年第四季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
RLJ Lodging Trust reported Q4 RevPAR growth of 9% and total revenue increase by 5.7%, resulting in EBITDA growth of 2.3% year-over-year.
Business Travel revenues rebounded to 79% of 2019 levels.
They demonstrated strong capital allocation, repurchasing shares worth $77 million and doubling the dividend payout in the year.
Q4 Hotel EBITDA was $89.6 million, with margins at 28.1%, while adjusted FFO per diluted share was $0.34, at the high end of their guidance.
In 2023, the company repurchased about 7.6 million shares, at an average price of $10.20 per share.
RLJ Lodging Trust報告稱，第四季度RevPAR增長了9％，總收入增長了5.7％，使息稅折舊攤銷前利潤同比增長2.3％。
商務旅行收入回升至2019年水平的79％。
他們表現出強勁的資本配置，回購了價值7700萬美元的股票，並使該年度的股息支出翻了一番。
第四季度酒店息稅折舊攤銷前利潤爲8,960萬美元，利潤率爲28.1％，而調整後的攤薄後每股FFO爲0.34美元，處於預期的最高水平。
2023年，該公司回購了約760萬股股票，平均價格爲每股10.20美元。
Business Progress:
業務進展：
RLJ made considerable progress on its conversion strategy, with ongoing projects in Nashville, Houston, and New Orleans, in addition to newly announced conversions in Pittsburgh.
They acquired the fee simple interest in the Boston Wyndham asset, unlocking further potential for growth.
Forecasts for 2024 see robust financial performance in various urban markets, and it expects to keep outperforming the industry in these areas.
Long-term plans are optimistic, fueled by shifting consumer preferences, improving business demand, the recovery of inbound international travel, and growing attendance at citywide events.
In 2024, the company plans to extend its mortgage loans and is in the process of refinancing a secured loan. Meanwhile, it also intends to distribute capital to shareholders with a quarterly common dividend of $0.10 per share.
RLJ在轉換戰略方面取得了長足的進展，在納什維爾、休斯敦和新奧爾良正在進行項目，匹茲堡也新宣佈了改建項目。
他們收購了波士頓溫德姆資產的收費簡單權益，從而釋放了進一步的增長潛力。
對2024年的預測顯示，各個城市市場的財務表現強勁，預計在這些領域的表現將繼續超過該行業。
長期計劃樂觀，這得益於消費者偏好的轉變、業務需求的改善、入境國際旅行的復甦以及全市活動出席人數的增加。
2024年，該公司計劃延長抵押貸款，並正在爲擔保貸款進行再融資。同時，它還打算向股東分配資本，季度普通股股息爲每股0.10美元。
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。