RLJ Lodging Trust (RLJ) Operating Expenses (2010 - 2026)
RLJ Lodging Trust (RLJ) reported Operating Expenses of $312.2 million for Q1 2026, up 43.82% on a YoY basis from $217.1 million in Q1 2025, and up 3.57% sequentially from $301.4 million in Q4 2025.
RLJ Lodging Trust (RLJ) Operating Expenses (2010 - 2026) Analysis & Trends
RLJ Lodging Trust (RLJ) has 17 years of Operating Expenses data on file, last reported at $312.2 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 43.82% year-over-year to $312.2 million; the trailing twelve-month figure through Mar 2026 stood at $1.1 billion (down 13.09% YoY), and the FY2025 full-year result was $1.2 billion, changed 0.3% from the prior year.
- Operating Expenses advanced to $312.2 million in Q1 2026, from $301.4 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $557.6 million in Q4 2024 to a low of $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.
- Across the five-year window, Operating Expenses surged 121.99% in 2022 and sank 45.95% in 2025, its largest moves.
- Tracing RLJ's Operating Expenses over 5 years: stood at $523.5 million in 2022, then increased by 4.45% to $546.8 million in 2023, then gained by 1.98% to $557.6 million in 2024, then tumbled by 45.95% to $301.4 million in 2025, then rose by 3.57% to $312.2 million in 2026.
- Business Quant data shows RLJ's Operating Expenses at $312.2 million in Q1 2026, $301.4 million in Q4 2025, and $223.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryman Hospitality Properties | 8.12 Bn | 7.74 Bn | 290.28 Mn | 526.78 Mn |
| 2 | Apple Hospitality REIT | 3.92 Bn | 3.91 Bn | 130.80 Mn | 289.73 Mn |
| 3 | Park Hotels & Resorts | 2.91 Bn | 2.69 Bn | 516.00 Mn | 559.00 Mn |
| 4 | DiamondRock Hospitality | 2.59 Bn | 2.56 Bn | 215.84 Mn | 229.54 Mn |
| 5 | Sunstone Hotel Investors | 2.19 Bn | 2.03 Bn | 259.54 Mn | 231.29 Mn |
| 6 | Pebblebrook Hotel Trust | 2.15 Bn | 2.05 Bn | 113.57 Mn | 337.61 Mn |
| 7 | Xenia Hotels & Resorts | 1.94 Bn | 1.91 Bn | 99.84 Mn | 253.79 Mn |
| 8 | RLJ Lodging Trust | 1.80 Bn | 1.78 Bn | - | 312.17 Mn |
| 9 | Service Properties Trust | 1.42 Bn | 1.40 Bn | 21.93 Mn | 365.33 Mn |
| 10 | Summit Hotel Properties | 730.53 Mn | 1.08 Bn | 148.71 Mn | 170.88 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 204.41 Mn |