RLJ Lodging Trust (RLJ) Operating Expenses (2010 - 2026)

RLJ Lodging Trust's (RLJ) quarterly Operating Expenses came in at $225.0 million in Q1 2026, down 25.68% year-on-year from $302.7 million in Q1 2025, and up 755.75% quarter-over-quarter from -$34.3 million in Q4 2025.

RLJ Lodging Trust (RLJ) Operating Expenses (2010 - 2026) Analysis & Trends

RLJ Lodging Trust has disclosed Operating Expenses across 17 years of filings, most recently posting $225.0 million for Q1 2026.

  • Operating Expenses for Q1 2026 came in at $225.0 million, down 25.68% year-over-year; the trailing twelve-month figure through Mar 2026 was $640.2 million (down 19.73% YoY), and the FY2025 annual result was $887.5 million, up 1.09% from the prior year.
  • Operating Expenses came in at $225.0 million for Q1 2026 at RLJ Lodging Trust, up from -$34.3 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $312.1 million in Q2 2024 to a low of -$45.7 million in Q4 2023.
  • The 5-year median for Operating Expenses is $223.6 million (2024), against an average of $194.7 million.
  • Across the five-year window, Operating Expenses tumbled 123.35% in 2023 and soared 47.3% in 2024, its largest moves.
  • RLJ Lodging Trust's Operating Expenses stood at $195.7 million in 2022, then plunged by 123.35% to -$45.7 million in 2023, then climbed by 10.56% to -$40.9 million in 2024, then increased by 16.05% to -$34.3 million in 2025, then surged by 755.75% to $225.0 million in 2026.
  • The last three Operating Expenses figures came in at $225.0 million (Q1 2026), -$34.3 million (Q4 2025), and $223.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Ryman Hospitality Properties 7.50 Bn 7.12 Bn 290.28 Mn 526.78 Mn
2 Apple Hospitality REIT 3.69 Bn 3.68 Bn 130.80 Mn 289.73 Mn
3 Park Hotels & Resorts 2.80 Bn 2.58 Bn 525.00 Mn 559.00 Mn
4 DiamondRock Hospitality 2.37 Bn 2.34 Bn 248.91 Mn 229.54 Mn
5 Sunstone Hotel Investors 2.16 Bn 2.00 Bn 226.95 Mn 231.29 Mn
6 Pebblebrook Hotel Trust 1.91 Bn 1.81 Bn 113.57 Mn 337.61 Mn
7 Xenia Hotels & Resorts 1.70 Bn 1.65 Bn 99.84 Mn 253.79 Mn
8 RLJ Lodging Trust 1.58 Bn 1.24 Bn - 224.99 Mn
9 Summit Hotel Properties 606.83 Mn 612.28 Mn 148.71 Mn 170.88 Mn
10 Chatham Lodging Trust 558.19 Mn 571.00 Mn 67.74 Mn 63.82 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 224.99 Mn
Dec 31, 2025 -34.31 Mn
Sep 30, 2025 223.36 Mn
Jun 30, 2025 226.12 Mn
Mar 31, 2025 302.75 Mn
Dec 31, 2024 -40.87 Mn
Sep 30, 2024 223.60 Mn
Jun 30, 2024 312.07 Mn
Mar 31, 2024 213.48 Mn
Dec 31, 2023 -45.69 Mn
Sep 30, 2023 299.95 Mn
Jun 30, 2023 211.85 Mn
Mar 31, 2023 284.31 Mn
Dec 31, 2022 195.67 Mn
Sep 30, 2022 279.16 Mn
Jun 30, 2022 190.52 Mn
Mar 31, 2022 242.61 Mn
Dec 31, 2021 235.83 Mn
Sep 30, 2021 368.08 Mn
Jun 30, 2021 204.41 Mn