RLJ Lodging Trust Reports Q1 2026 Comparable RevPAR Of $148.55, Up 4.8% YoY
Benzinga Newsdesk 6 months ago
EarningsNews
First Quarter HighlightsComparable RevPAR of $148.55, an increase of 4.8% over the prior yearComparable Hotel Revenue of $340.0 million, an increase of 5.4% over the prior yearNet loss of $0.3 millionComparable Hotel
First Quarter Highlights
- Comparable RevPAR of $148.55, an increase of 4.8% over the prior year
- Comparable Hotel Revenue of $340.0 million, an increase of 5.4% over the prior year
- Net loss of $0.3 million
- Comparable Hotel EBITDA of $89.9 million, an increase of 7.2% over the prior year
- Comparable Hotel EBITDA Margin of 26.4%, an increase of 45 bps over the prior year
- Adjusted EBITDA of $80.9 million
- Adjusted FFO per diluted common share and unit of $0.33
- Addressed all debt maturities until 2029