RLJ Lodging Q2 FY26 adjusted EBITDA climbs 6.1% to $110.39 million; net income rises 9.4% to $31.33 million
RLJ•Updated FY 2026 outlook
- RLJ raised its FY 2026 outlook, projecting comparable RevPAR growth of 3.5% to 4.5% and adjusted FFO per diluted share (non-GAAP) of $1.37 to $1.50.
Q2 results and operating metrics
- RLJ Lodging Trust posted Q2 net income of $31.33 million, up 9.4% from a year earlier, as revenue rose 5.5% to $382.99 million.
- Adjusted EBITDA (non-GAAP) increased 6.1% to $110.39 million, while adjusted FFO per diluted share and unit (non-GAAP) climbed 8.3% to $0.52.
- Comparable RevPAR rose 6.8% to $167.15, driven by ADR growth of 4.9% to $217.18.
- Management cited accelerating business travel, robust urban leisure trends, higher out-of-room spend, and ramping renovations and conversions, including a Pittsburgh Autograph Collection relaunch.
