RLJ Lodging Trust has announced its financial results for the first quarter of 2025. The company reported total revenues of $328.1 million, reflecting a 1.1% increase from $324.4 million in the same period of the previous year. The net income for the quarter was $3.2 million, a decrease of 33.2% from $4.7 million in the first quarter of 2024. The Comparable RevPAR (Revenue Per Available Room) increased by 1.6%, reaching $141.23 compared to $138.97 in the previous year. The company also reported Adjusted EBITDA of $77.6 million, down by 2.5% from $79.6 million in the same quarter last year. Adjusted FFO (Funds From Operations) was $46.9 million, a 9.5% decrease from $51.9 million in the prior year. The Adjusted FFO per diluted common share and unit was $0.31, slightly lower than the $0.33 reported a year ago. In terms of strategic business updates, RLJ Lodging Trust sold one non-core hotel for $24.3 million and used the proceeds to repurchase 2.7 million shares, also for approximately $24.3 million. The company addressed its 2025 debt maturities and fully paid down its revolver following a recent term loan refinancing.