RLJ Lodging Trust (RLJ) Revenue History
Annual and quarterly revenue from 2008 to present
RLJ Revenue Over Time (2008–2025)
RLJ Revenue Growth History
13 of 17 years with positive growth- FY2008 revenue growth
- N/A
- FY2009 revenue growth
- -12.6%
- FY2010 revenue growth
- +13.1%
- FY2011 revenue growth
- +39.1%
- FY2012 revenue growth
- +12.6%
- FY2013 revenue growth
- +13.6%
- FY2014 revenue growth
- +14.3%
- FY2015 revenue growth
- +2.4%
- FY2016 revenue growth
- +2.1%
- FY2017 revenue growth
- +16.9%
- FY2018 revenue growth
- +29.9%
- FY2019 revenue growth
- -11.0%
- FY2020 revenue growth
- -70.4%
- FY2021 revenue growth
- +69.1%
- FY2022 revenue growth
- +51.9%
- FY2023 revenue growth
- +11.1%
- FY2024 revenue growth
- +3.3%
- FY2025 revenue growth
- -1.4%
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2026 | $340.0M | +3.6% |
| Q4 2025 | $328.6M | -0.4% |
| Q3 2025 | $330.0M | -4.5% |
| Q2 2025 | $363.1M | -1.7% |
| Q1 2025 | $328.1M | +1.1% |
| Q4 2024 | $330.0M | +3.2% |
| Q3 2024 | $345.7M | +3.4% |
| Q2 2024 | $369.3M | +3.4% |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown (FY 2025)
RLJ's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
RLJ Revenue Analysis (2008–2025)
Current Revenue & Growth
As of June 22, 2026, RLJ Lodging Trust (RLJ) generated trailing twelve-month (TTM) revenue of $1.36 billion, reflecting modest growth of +3.6% year-over-year. The most recent quarter (Q1 2026) recorded $340.0 million in revenue, up 3.5% sequentially.
Historical Growth Trajectory
RLJ's 5-year compound annual growth rate (CAGR) stands at +23.8%, indicating outstanding long-term growth trajectory. The 3-year CAGR of +4.2% is below the 5-year average, signalling a growth deceleration in recent years. RLJ Lodging Trust's highest annual revenue of $1.76 billion was recorded in 2018.
Revenue by Segment
RLJ's revenue is primarily driven by Occupancy (81%), Food and Beverage (12%), and Hotel, Other (7%). With over half of revenue concentrated in Occupancy, the company has a focused business model while developing other growth vectors.
Peer Comparison
Compared to Real Estate sector peers — including PK (-2.2% YoY), SHO (+6.8% YoY), and APLE (-0.5% YoY) — RLJ has outperformed the peer group in revenue growth. Compare RLJ vs PK →
RLJ Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| RLJCurrent | $1.4B | +3.6% | +23.8% | 9.3% | |
 PK | $2.5B | -2.2% | +24.4% | 8.9% | |
 SHO | $960M | +6.8% | +29.1% | 7.8% | |
 APLE | $1.4B | -0.5% | +18.6% | 17.7% | |
 DRH | $1.1B | -0.4% | +30.2% | 14.4% | |
 INN | $729M | +0.3% | +25.5% | 8.4% |
RLJ Historical Revenue Data (2008–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $1.35B | -1.4% | $-11,686,000 | -0.9% | $126.0M | 9.3% |
| 2024 | $1.37B | +3.3% | $384.5M | 28.1% | $150.2M | 11.0% |
| 2023 | $1.33B | +11.1% | $390.7M | 29.5% | $152.6M | 11.5% |
| 2022 | $1.19B | +51.9% | $362.3M | 30.3% | $121.1M | 10.1% |
| 2021 | $785.7M | +69.1% | $185.3M | 23.6% | $-50,015,000 | -6.4% |
| 2020 | $464.6M | -70.4% | $-30,235,000 | -6.5% | $-71,376,000 | -15.4% |
| 2019 | $1.57B | -11.0% | $490.2M | 31.3% | $444.9M | 28.4% |
| 2018 | $1.76B | +29.9% | $548.9M | 31.2% | $258.1M | 14.7% |
| 2017 | $1.36B | +16.9% | $453.0M | 33.4% | $181.1M | 13.4% |
| 2016 | $1.16B | +2.1% | $414.6M | 35.7% | $220.4M | 19.0% |
| 2015 | $1.14B | +2.4% | $402.0M | 35.4% | $203.9M | 17.9% |
| 2014 | $1.11B | +14.3% | $391.4M | 35.3% | $191.4M | 17.3% |
| 2013 | $970.4M | +13.6% | $331.6M | 34.2% | $164.5M | 17.0% |
| 2012 | $854.2M | +12.6% | $288.5M | 33.8% | $126.2M | 14.8% |
| 2011 | $759.0M | +39.1% | $297.6M | 39.2% | $84.0M | 11.1% |
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
18+ years return with dividends reinvested.
DCA Calculator
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Peer Comparison
Compare growth, multiples, and margins vs sector.
RLJ — Frequently Asked Questions
Quick answers to the most common questions about buying RLJ stock.
Is RLJ's revenue growth accelerating or slowing?
RLJ revenue growth is slowing. TTM revenue is $1.4B, up +3.6% year-over-year — below the 5-year CAGR of +23.8%. The deceleration suggests maturing end-markets or increased competition.
What is RLJ's revenue history from 2008 to 2026?
RLJ Lodging Trust (RLJ) revenue history spans 2008 to 2026. TTM revenue as of 2026 is $1.4B, growing at +3.6% YoY. The 5-year CAGR is +23.8%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is RLJ's long-term revenue growth rate (CAGR)?
RLJ Lodging Trust's 5-year revenue CAGR of +23.8% reflects the variable nature of its business expansion. As of 2026, the current YoY growth rate of +3.6% is below this long-term average. CAGR is the most reliable measure of sustained revenue momentum for RLJ.
Why does RLJ's quarterly revenue fluctuate?
RLJ quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. RLJ Lodging Trust's revenue data from 2008 to 2026 shows full historical quarterly detail on this page.
How is RLJ's revenue distributed by segment?
RLJ reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does RLJ's revenue compare to industry peers?
RLJ Lodging Trust (RLJ) with TTM revenue of $1.4B and +3.6% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.