RLJ Lodging Trust Provides Hurricane Update

BETHESDA, Md.–(BUSINESS WIRE)–RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today provided an update
with respect to the Company’s properties following Hurricanes Harvey and
Irma.

“Our thoughts and prayers go out to the people impacted by these two
devastating hurricanes,” commented Ross H. Bierkan, President and Chief
Executive Officer of RLJ Lodging Trust. “I could not be prouder of the
professionalism and humanity of our team in taking care of our guests.
In the true spirit of hospitality and service, our associates continue
to serve even in the face of crisis.”

In Texas, all of the Company’s 11 hotels in the Houston market remain
operational. To date, there has been no material property damage
reported. RLJ’s hotels in the Austin and San Antonio markets have also
remained operational and were largely unaffected.

In Florida, eight of the Company’s 20 hotels had been temporarily closed
to comply with mandatory evacuation orders. A number of the closed
hotels are in the process of reopening as evacuation orders are lifted
at their respective locations. Based on preliminary information, no
material property damage has been reported.

RLJ maintains comprehensive insurance coverage on all of its hotels
including property, flood and business interruption. The Company is
working with its insurance providers to assess the overall impact from
the two storms and expects the assessment to take several weeks to
complete.

About Us

RLJ Lodging Trust is a self-advised, publicly traded real estate
investment trust focused on acquiring premium-branded, focused-service
and compact full-service hotels. The Company’s portfolio consists of 158
hotels with approximately 31,180 rooms located in 26 states and the
District of Columbia and an ownership interest in one unconsolidated
hotel with 171 rooms.

Forward Looking Statements

The following information contains certain statements, other than purely
historical information, including estimates, projections, statements
relating to the Company’s business plans, objectives and expected
operating results, and the assumptions upon which those statements are
based, that are “forward-looking statements” within the meaning of the
Private Securities Litigation Reform Act of 1995, Section 27A of the
Securities Act of 1933, as amended and Section 21E of the Securities
Exchange Act of 1934, as amended. These forward-looking statements
generally are identified by the use of the words “believe,” “project,”
“expect,” “anticipate,” “estimate,” “plan,” “may,” “will,” “will
continue,” “intend,” “should,” “may” or similar expressions. Although
the Company believes that the expectations reflected in such
forward-looking statements are based upon reasonable assumptions,
beliefs and expectations, such forward-looking statements are not
predictions of future events or guarantees of future performance and the
Company’s actual results could differ materially from those set forth in
the forward-looking statements. Some factors that might cause such a
difference include the following: the current global economic
uncertainty, increased direct competition, changes in government
regulations or accounting rules, changes in local, national and global
real estate conditions, declines in the lodging industry, seasonality of
the lodging industry, risks related to natural disasters, such as
earthquakes and hurricanes, hostilities, including future terrorist
attacks or fear of hostilities that affect travel, the Company’s ability
to obtain lines of credit or permanent financing on satisfactory terms,
changes in interest rates, access to capital through offerings of the
Company’s common and preferred shares of beneficial interest, or debt,
the Company’s ability to identify suitable acquisitions, the Company’s
ability to close on identified acquisitions and integrate those
businesses and inaccuracies of the Company’s accounting estimates. Given
these uncertainties, undue reliance should not be placed on such
statements. Except as required by law, the Company undertakes no
obligation to update or revise publicly any forward-looking statements,
whether as a result of new information, future events or otherwise. The
Company cautions investors not to place undue reliance on these
forward-looking statements and urge investors to carefully review the
disclosures the Company makes concerning risks and uncertainties in the
sections entitled “Risk Factors,” “Forward-Looking Statements,” and
“Management’s Discussion and Analysis of Financial Condition and Results
of Operations” in the Company’s Annual Report, as well as risks,
uncertainties and other factors discussed in other documents filed by
the Company with the SEC.

For additional information or to receive press releases via email,
please visit our website:
http://rljlodgingtrust.com

Contacts

RLJ Lodging Trust
Leslie D. Hale, 301-280-7774
Chief
Operating Officer and Chief Financial Officer