S&P 500
7,787.30
+0.48%
Dow Jones
53,928.20
+0.26%
Nasdaq 100
29,940.70
+0.73%
Russell 2000
3,064.65
+0.58%
FTSE 100
10,803.60
-0.49%
Nikkei 225
68,760.70
+0.31%
RLJ Lodging Trust

RLJ Lodging Trust (RLJ) Q2 2026 Earnings

Reported Aug 6, 2026 at 5:20 PM ET · SEC Source

Q2 26 EPS Adjusted

$0.52

BEAT +358.96%

Est. $0.11

Q2 26 Revenue

$383.0M

BEAT +3.37%

Est. $370.5M

vs S&P Since Q2 26

-11.4%

TRAILING MARKET

RLJ -11.5% vs S&P -0.1%

Market Reaction

Did RLJ Beat Earnings? Q2 2026 Results

RLJ Lodging Trust delivered a blowout second quarter for fiscal 2026, posting adjusted EPS of $0.52 against a consensus estimate of $0.11, a beat of 358.96% that marked the company's fourth consecutive quarter of exceeding Wall Street expectations. R… Read more RLJ Lodging Trust delivered a blowout second quarter for fiscal 2026, posting adjusted EPS of $0.52 against a consensus estimate of $0.11, a beat of 358.96% that marked the company's fourth consecutive quarter of exceeding Wall Street expectations. Revenue climbed 5.5% year-over-year to $382.99 million, topping the $370.49 million estimate by 3.37%, as the REIT's momentum carried firmly into the summer travel season. The single most material driver was a 6.8% year-over-year rise in comparable RevPAR to $167, fueled by both ADR growth of 4.9% to $217 and occupancy expanding 180 basis points to 77.0%, with accelerating business travel and urban leisure trends underpinning demand across its 91-hotel portfolio. Adjusted EBITDA grew 6.1% to $110.39 million, while Comparable Hotel EBITDA Margin edged up to 31.3%. Looking ahead, management raised full-year 2026 guidance, now targeting Comparable RevPAR growth of 3.5% to 4.5% and Adjusted FFO per diluted share of $1.37 to $1.50.

Key Takeaways

  • • Comparable RevPAR increased 6.8% driven by ADR growth of 4.9% and occupancy growth of 1.8%
  • • Continued acceleration of business travel and robust urban leisure trends
  • • Comparable non-room revenues increased 7.1%, exceeding RevPAR growth by 30 basis points
  • • Successful ramp of recently completed renovations and conversions
  • • Broad-based strength across portfolio markets and demand segments

RLJ Forward Guidance & Outlook

The company raised its full-year 2026 guidance: Comparable RevPAR growth of +3.5% to +4.5%; Comparable Hotel EBITDA of $369M to $389M; Adjusted EBITDA of $336M to $356M; Adjusted FFO per diluted share of $1.37 to $1.50. Additional outlook items include net interest expense of $101M to $103M, cash corporate G&A of $33.5M to $34.5M, renovation capital expenditures of $80M to $90M, and diluted weighted-average common shares and units of 151.5 million. Potential future acquisitions, dispositions, financings, or share repurchases are not incorporated.

24/7 Wall St

RLJ YoY Financials

Q2 2026 vs Q2 2025, source: SEC Filings

24/7 Wall St

RLJ Revenue by Segment

With YoY comparisons, source: SEC Filings

Q2 25 Q2 26

“We are pleased with our strong second quarter results, which exceeded our expectations, driven by the broad-based strength across our portfolio, including the continued acceleration of business travel and robust urban leisure trends. Our results further benefitted from our continued success in driving out-of-room spend as well as the successful ramp of our recently completed renovations and conversions. We also continued to advance our conversion pipeline with the completion and relaunch of our Autograph Collection asset in Pittsburgh, further increasing our exposure to the lifestyle segment and evolving consumer preferences.”

— Leslie D. Hale, Q2 2026 Earnings Press Release

Back to RLJ Stock Page