Every 10-Q that RLJ Lodging Trust (RLJ) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow RLJ and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full RLJ filings page.
RLJ Lodging Trust, a hotel-focused REIT owning 92 premium-branded properties with about 20,600 rooms, reported solid Q2 2026 operating performance. Total revenues were $382,988 thousand, up from $363,103 thousand a year earlier, and net income attributable to common shareholders was $24,757 thousand, versus $22,174 thousand, with diluted EPS of $0.16 (up from $0.15).
Comparable hotels showed stronger fundamentals, with Q2 2026 Occupancy of 77.0%, ADR of $217.18 and RevPAR of $167.15, all above prior-year levels. For the first six months, total revenues reached $722,965 thousand and Hotel EBITDA, a non-GAAP measure, was $209,540 thousand.
Liquidity and the debt profile improved materially. Cash, cash equivalents and restricted cash totaled $973,367 thousand at June 30, 2026, supported by $140,812 thousand of operating cash flow. Debt, net, was $2,695,154 thousand, reflecting 2026 refinancing transactions that upsized and extended term loans, amended a $600,000 thousand undrawn revolver to February 2030, refinanced mortgage loans to April 2029, and funded repayment of the $500,000 thousand 3.75% senior notes at their July 1, 2026 maturity, leaving the next scheduled debt maturity after extensions in 2029. The company maintained quarterly common dividends of $0.15 per share and authorized a $250,000 thousand share repurchase program, though no shares were repurchased in the first half of 2026.
RLJ Lodging Trust reported first-quarter 2026 revenue of $339.98 million, up from $328.12 million a year earlier, driven by higher room, food and beverage, and other revenues. Comparable-hotel RevPAR rose as occupancy reached 70.8% and ADR increased to $209.91.
The company posted a small net loss of $0.35 million, with a net loss to common shareholders of $6.42 million, or $0.05 per share, compared with a $0.02 loss per share last year. Hotel EBITDA improved to $89.92 million and Adjusted EBITDA to $80.87 million, reflecting stronger underlying hotel performance despite higher operating costs and an impairment on a planned hotel sale.
RLJ ended the quarter with $387.46 million in cash, cash equivalents and restricted cash and $2.19 billion of debt. It completed major refinancing transactions that extend its nearest scheduled debt maturity to 2029 and support repayment of its $500 million 3.75% senior notes due 2026. The board also approved a new $250 million share repurchase program for common and preferred shares.
RLJ Lodging Trust reported softer Q3 results. Total revenue was $330.0 million versus $345.7 million a year ago, and net (loss) income attributable to common shareholders was $10.0 million, or $(0.07) per share, compared with $14.3 million, or $0.09 per share, last year. Nine‑month revenue was $1,021.3 million versus $1,039.5 million, with net income to common of $9.2 million, or $0.06 per share, versus $43.8 million, or $0.28 per share.
Cash from operations for the nine months was $180.9 million; cash and cash equivalents were $374.8 million at September 30, 2025. Debt, net, was $2,222.1 million, essentially flat year‑to‑date, with the Revolver at $0 outstanding and $600.0 million of availability.
In April 2025, the company upsized and extended a term loan to $300.0 million and used the $100.0 million increase to repay the Revolver. RLJ sold the 181‑room Courtyard Atlanta Buckhead for $24.3 million and repurchased about 3.3 million common shares for approximately $28.6 million. The board authorized a $250.0 million 2025 share repurchase program; as of November 6, 2025, $245.7 million remained. RLJ owned 95 hotels with roughly 21,200 rooms as of quarter‑end.
RLJ Lodging Trust owns 95 hotels (approximately 21,200 rooms) and reported total assets of $4,822.8 million at June 30, 2025. For the three months ended June 30, 2025, total revenues were $363.1 million and net income was $28.6 million, with net income attributable to common shareholders of $22.2 million and basic EPS of $0.15. Hotel EBITDA for the quarter was $113.4 million, down from $118.3 million a year earlier. Comparable-property operating metrics for the quarter were occupancy 75.5%, ADR $205.03 and RevPAR $154.90.
RLJ finished the period with cash and restricted cash reserves of $401.2 million and consolidated net debt of $2,220.8 million. Key financing actions in 2025 included refinancing a term loan to $300.0 million (extending initial maturity to April 2028) and using the incremental proceeds to pay off a $100.0 million revolver balance. The company approved a $250.0 million share repurchase program and repurchased ~3.3 million common shares for ~$28.2 million in the first half of 2025. RLJ remained in compliance with its listed debt covenants.