📊 Topic

EBITDA multiple

2 stories · First covered Apr 5, 2026 · Latest Apr 12
Related: RevPAR 1 Host Hotels & Resorts 1 Capital recycling 1 Occupancy 1 Four Seasons 1 RLJ Lodging Trust 1 Select-Service Hotels 1 CapEx 1 Truist 1 Luxury hotel market 1 Four Seasons Orlando 1 Four Seasons Jackson Hole 1
EBITDA multiple Coverage
RLJ Has $1 Billion in Liquidity and RevPAR Going Nowhere. That's Not Strength. That's a Decision.
REITs
Apr 12

RLJ Has $1 Billion in Liquidity and RevPAR Going Nowhere. That's Not Strength. That's a Decision.

RLJ Lodging Trust is sitting on a billion dollars in liquidity, no debt maturities until 2029, and a RevPAR forecast that barely moves the needle. For operators running rooms-focused select-service hotels, the real question isn't whether this REIT survives inflation... it's what gets starved while the balance sheet looks pristine.

MS
Mike Storm 3 min read · Apr 12
Host Sold Two Four Seasons for $1.1B. The Per-Key Math Tells a Different Story.
Transactions
Apr 5

Host Sold Two Four Seasons for $1.1B. The Per-Key Math Tells a Different Story.

Host Hotels sold 569 luxury keys for $1.93M each and called it capital recycling. The unlevered IRR looks clean at 11%... until you ask what replacement assets at that yield actually look like in 2026.

JC
Jordan Chen 2 min read · Apr 5