RLJ Lodging Reports Strong Q3 2026 Results with Raised Full-Year Guidance
RLJ Lodging reported third-quarter 2026 results that exceeded management expectations, characterized by significant growth in Revenue Per Available Room (RevPAR) and Adjusted Funds From Operations (FFO). The company saw a 9.7% increase in comparable RevPAR to $153.36, fueled by strong momentum in urban markets and business transient travel. This performance led the company to raise its full-year guidance for both RevPAR growth and Adjusted EBITDA. Key drivers included a 25.9% increase in adjusted FFO per diluted share and expansion in hotel EBITDA margins. The company also successfully executed the $110 million disposition of seven assets in Chicago. With over $1 billion in total liquidity, RLJ Lodging is positioned to continue high-impact renovations while benefiting from tailwinds such as AI industry expansion in Northern California and upcoming demand from the World Cup.
Tickers: $RLJ
Topics: Asset Disposition FFO per Share Revenue Growth RevPAR