Comment on Park Hotels, RLJ Lodging both see revenue collapse more than 90% in the second quarter

Park Hotels, RLJ Lodging both see revenue collapse more than 90% in the second quarter

RLJ Lodging Trust and Park Hotels & Resorts are the latest of Greater Washington's lodging REITs to reveal staggering revenue declines in the second quarter — but their respective chief executives are optimistic they can ride out the storm. Bethesda-based RLJ Lodging (NYSE: RLJ) suspended operations at 57 of its hotels as a result of the Covid-19 pandemic.

 

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