RLJ's stock is up 52.5% year-to-date and just touched $11.54, but the average analyst target is $10.56. When the market and the analysts disagree this loudly, one of them is pricing in something the other isn't.
RLJ Lodging Trust posted a first quarter that made Wall Street happy, with AFFO beating estimates by six cents and RevPAR outpacing the industry by 100 basis points. But the number buried in the earnings call tells you more about where this cycle is heading than the headline ever will.
📡
Get the Briefing Every Morning at 6AM
Join hotel operators, owners, and investors who start their day with InnBrief.
Free forever. Unsubscribe anytime. No spam — just signal.