RLJ Lodging Trust (RLJ) 2016年年度报告「NYSE」.pdf

1、2016 ANNUAL REPORTPR E M IU M BR A N DSWe have consistently acquired high-quality hotels associated with premium brands that command strong customer loyalty,such as Marriott,Hilton and Hyatt.COVER:HYATT PLACE MADISON/DOWNTOWN,MADISON,WISCONSINRENAISSANCE FORT LAUDERDALE/PLANTATION,PLANTATION,FLORIDA

2、RLJ Lodging Trust(“RLJ”)is a self-advised,publicly traded real estate investment trust focused on acquiring premium-branded,focused-service and compact full-service hotels.Our hotels are geographically diverse and primarily concentrated in major urban markets that provide multiple demand generators

3、from business,leisure and other travelers.URBAN MARKETS*(NUMBER OF HOTELS)122PROPERTIES20,100ROOMS21STATESLODGING SEGMENTS*(PERCENT OF HOTEL ROOMS)73%FOCUSED-SERVICE58%MARRIOTTBRANDSERVICE LEVEL24%COMPACT FULL-SERVICE3%FULL-SERVICE 28%HILTON12%HYATT2%OTHER*As of December 31,2016TO OUR SHAREHOLDERS,S

4、ince our inception,RLJ Lodging Trust has consistently delivered solid performance and shareholder returns.In 2016,our portfolio once again delivered positive revenue and EBITDA growth,leading to strong free cash flow,despite moderate economic growth and soft lodging fundamentals.This year,we generat

5、ed total returns for our shareholders of more than 20%,significantly exceeding the total returns of both the S&P 500 and the MSCI U.S.REIT Index(RMZ)for the year.Our history of robust performance and total shareholder returns is due to our unwavering commitment to our core principles of operational

6、excel-lence,prudent capital allocation,and proactive balance sheet management.Combining these principles with an outstanding portfolio of hotel proper-ties,broad geographic diversification,and financial flexibility has positioned us to continue to deliver attractive returns to our shareholders.Lean