RLJ Lodging Trust Q3 Revenue Rises 7.4%; Adjusted FFO per Share Up 25.9%

What happened

RLJ Lodging Trust reported third-quarter 2026 revenue of $354.5 million, up 7.4% from a year earlier, and net income of $4.6 million versus a prior-year loss. Adjusted FFO per share and unit rose 25.9% to $0.34, and the company raised its full-year outlook.

Confirmed

Global impact / market context

Higher hotel revenue and stronger adjusted earnings can increase the cash RLJ has available to fund operations, debt payments, or investment. The raised outlook signals management expects performance to remain stronger, while the hotel sales and seller financing may change its property base and cash receipts.

Analyst inference

Comparable hotel revenue grew 9.1%, with RevPAR, a measure of room revenue per available room, up 9.7%; business travel led demand growth, alongside leisure and group travel. Urban markets benefited disproportionately, while non-room revenue also increased, supporting the reported improvement across hotel operations.

Confirmed

What to watch

1. Check whether the next results show revenue and adjusted FFO continuing to grow, and whether reported performance remains within the raised full-year outlook. Analyst inference
2. Watch for details on how the $110 million hotel sale and $20 million seller financing affect cash receipts, property operations, and future results. Analyst inference
3. Track whether demand from business, leisure, and group travelers persists, since those segments supported revenue growth and stronger hotel room performance this quarter. Analyst inference

Evidence

• Original source link unavailable