RLJ Lodging Trust (RLJ) Operating Expenses (2010 - 2026)
RLJ Lodging Trust (RLJ) posted Operating Expenses of $312.2 million for Q1 2026, up 3.57% sequentially from $301.4 million in Q4 2025, and up 43.82% YoY from $217.1 million in Q1 2025.
RLJ Lodging Trust (RLJ) Operating Expenses (2010 - 2026) Analysis & Trends
RLJ Lodging Trust has reported Operating Expenses for 17 years, with the latest figure at $312.2 million in Q1 2026.
- Quarterly Operating Expenses rose 43.82% year-over-year to $312.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.1 billion (down 13.09% YoY) and the FY2025 annual result came in at $1.2 billion, changed 0.3% from the prior year.
- Operating Expenses advanced to $312.2 million in Q1 2026 per RLJ's latest filing, from $301.4 million in the prior quarter.
- Over five years, Operating Expenses peaked at $557.6 million in Q4 2024 and troughed at $159.0 million in Q1 2022.
- A 5-year average of $303.7 million and a median of $279.2 million in 2022 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses jumped 121.99% in 2022, then tumbled 45.95% in 2025.
- Over 5 years, Operating Expenses stood at $523.5 million in 2022, then advanced by 4.45% to $546.8 million in 2023, then grew by 1.98% to $557.6 million in 2024, then slumped by 45.95% to $301.4 million in 2025, then climbed by 3.57% to $312.2 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $312.2 million, $301.4 million, and $223.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryman Hospitality Properties | 8.12 Bn | 7.75 Bn | 364.88 Mn | 574.43 Mn |
| 2 | Apple Hospitality REIT | 3.92 Bn | 3.91 Bn | 174.97 Mn | 314.51 Mn |
| 3 | Park Hotels & Resorts | 3.17 Bn | 2.91 Bn | 232.00 Mn | 583.00 Mn |
| 4 | DiamondRock Hospitality | 2.63 Bn | 2.52 Bn | 123.23 Mn | 244.94 Mn |
| 5 | Sunstone Hotel Investors | 2.09 Bn | 1.89 Bn | 242.17 Mn | 242.91 Mn |
| 6 | Pebblebrook Hotel Trust | 2.08 Bn | 1.82 Bn | 154.61 Mn | 349.90 Mn |
| 7 | Xenia Hotels & Resorts | 1.79 Bn | 1.68 Bn | 97.24 Mn | 295.46 Mn |
| 8 | RLJ Lodging Trust | 1.72 Bn | 784.56 Mn | - | 327.47 Mn |
| 9 | Service Properties Trust | 1.03 Bn | 1.02 Bn | 156.32 Mn | 548.44 Mn |
| 10 | Summit Hotel Properties | 646.42 Mn | 609.49 Mn | 138.35 Mn | 170.27 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 327.47 Mn |
| Mar 31, 2026 | 312.17 Mn |
| Dec 31, 2025 | 301.41 Mn |
| Sep 30, 2025 | 223.36 Mn |
| Jun 30, 2025 | 226.12 Mn |
| Mar 31, 2025 | 217.05 Mn |
| Dec 31, 2024 | 557.64 Mn |
| Sep 30, 2024 | 223.60 Mn |
| Jun 30, 2024 | 224.83 Mn |
| Mar 31, 2024 | 301.11 Mn |
| Dec 31, 2023 | 546.83 Mn |
| Sep 30, 2023 | 213.54 Mn |
| Jun 30, 2023 | 296.09 Mn |
| Mar 31, 2023 | 284.31 Mn |
| Dec 31, 2022 | 523.53 Mn |
| Sep 30, 2022 | 279.16 Mn |
| Jun 30, 2022 | 273.87 Mn |
| Mar 31, 2022 | 159.04 Mn |
| Dec 31, 2021 | 235.83 Mn |
| Sep 30, 2021 | 368.08 Mn |