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
DateValue
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