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10-Q2026-05-04· deepseek-chat

RLJ · RLJ Lodging Trust

0001511337-26-000014

SEC filing

Summary

Revenue grew 3.6% to $340.0M, but net income swung to a loss of $141K due to a one-time loss on hotel sale and higher property operating expenses.

Key takeaways

Full analysis

Revenue Growth Driven by Travel Demand and Renovation Ramp

Revenue for the first quarter of 2026 was $340.0 million, a 3.6% increase from $328.1 million in the same period last year. The growth was primarily driven by increases in food and beverage revenue, particularly from banquet and outlet revenue, as well as higher other revenue from gift shop sales, parking, and amenity fees. This performance reflects ongoing travel demand and the ramp-up of renovated properties.

Profitability Squeezed by One-Time Loss and Expense Growth

Cash Flow Strengthens on Operating Improvements

Strategic Refinancing Enhances Balance Sheet Flexibility