RLJ Lodging Trust(US:RLJ)2022-05-05 07:23Overview of Key Statistics - As of March 31, 2022, the company had 95 properties with 21,097 hotel rooms and a share price of $14.08[2] - The total shares and units outstanding were 1676 million[2] - The market capitalization stood at $24 billion, with preferred equity at $03 billion and net debt outstanding at $18 billion[2] - The total enterprise value (TEV) was $44 billion, and the total capitalization was $49 billion[2] Debt Maturity Schedule - The company had a secured debt of $325 million due in 2022, representing 24% of the total debt[2] - Unsecured debt included $600 million, with $400 million due in 2025 (18% of debt) and $200 million due in subsequent years[2] - High yield bonds accounted for $500 million, representing 24% of the debt, with $500 million in undrawn LOC and $500 million in LOC (30% of debt)[2] Historical Pro Forma Statistics (Q1 2022) - For the 95 properties, Rooms Available were 1,899,000, Rooms Sold were 1,161,000, and Total Room Revenue was $203904000[4] - Total Revenue reached $240664000, with an Occupancy rate of 612%[4] - The Average Daily Rate (ADR) was $17557, and the Room Revenue per Available Room (RevPAR) was $10739[4] - Pro forma Hotel EBITDA was $63186000, with a Pro forma Hotel EBITDA Margin of 263%[4] Q1 2022 Pro Forma Portfolio Operating Statistics - The total portfolio occupancy was 612%, ADR was $17557, and RevPAR was $10739[15] - Hotel EBITDA was $632 million[7] - Northern California showed an occupancy of 530%, ADR of $15193, and RevPAR of $8046[15] - South Florida had an occupancy of 814%, ADR of $26593, and RevPAR of $21650[15]