RLJ Lodging Trust filed its Form 10-Q for the quarterly period ended September 30, 2026, with the SEC on November 5, 2026, disclosing third-quarter and year-to-date financial results for the Maryland-based hotel real estate investment trust.

Key Highlights

  • Total revenues reached $354,476 thousand for the three months ended September 30, 2026, compared with $330,045 thousand for the same period in 2025, according to the filing.
  • Net income for the nine months ended September 30, 2026, was $35,555 thousand, up from $28,005 thousand for the same period in 2025.
  • Net loss attributable to common shareholders for the three months ended September 30, 2026, was $(1,711) thousand, or $(0.01) per basic and diluted share.
  • Investment in hotel properties, net stood at $3,922,238 thousand as of September 30, 2026, down from $4,112,387 thousand at December 31, 2025.
  • Hotel properties held for sale, net totaled $105,847 thousand as of September 30, 2026, with no comparable balance at December 31, 2025.
  • Cash and cash equivalents were $448,342 thousand at September 30, 2026, compared with $410,160 thousand at December 31, 2025.
  • Common shares outstanding were 152,336,663 as of October 29, 2026, with debt, net of $2,196,326 thousand as of September 30, 2026.

RLJ Lodging Trust Third-Quarter and Nine-Month 2026 Financial Results

RLJ Lodging Trust (NYSE:RLJ), a Maryland real estate investment trust, reported total revenues of $354,476 thousand for the three months ended September 30, 2026, according to the filing. Room revenue was the largest component at $288,366 thousand for the quarter, compared with $267,367 thousand in the prior-year period. Food and beverage revenue came in at $38,183 thousand and other revenue at $27,927 thousand for the same three-month period.

For the nine months ended September 30, 2026, the company disclosed total revenues of $1,077,441 thousand, up from $1,021,267 thousand for the nine months ended September 30, 2025. Total property operating expenses for the nine-month period were $702,464 thousand, and general and administrative expenses were $39,728 thousand. The filing reported a net loss on sale of hotel properties of $(3,754) thousand for the nine months ended September 30, 2026, compared with a gain of $802 thousand in the prior-year period. Interest expense for the nine-month period was $(85,624) thousand.

On the balance sheet, total assets were $4,726,668 thousand as of September 30, 2026, against $4,742,130 thousand at December 31, 2025. The company reported hotel properties held for sale with a net carrying value of $105,847 thousand at September 30, 2026, a line not present at year-end 2025. Total equity was $2,151,740 thousand at September 30, 2026. The Series A Cumulative Convertible Preferred Shares, with a liquidation value of $328,266 thousand, had 12,879,475 shares issued and outstanding. Preferred dividends for the nine months ended September 30, 2026, were $(18,836) thousand, unchanged from the prior-year period.

What Was Disclosed

RLJ Lodging Trust's 10-Q for the period ended September 30, 2026, covers consolidated balance sheets, income statements, changes in equity, and cash flows for the trust, reflecting revenue growth, a net loss to common shareholders in Q3, and newly classified hotel properties held for sale.