RLJ Lodging Trust (RLJ) Revenue & Revenue Breakdown


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RLJ Lodging Trust Revenue Highlights


Latest Revenue (Y)

$1.37B

Latest Revenue (Q)

$345.74M

Main Segment (Y)

Occupancy

Main Geography (Y)

Southern California

RLJ Lodging Trust Revenue by Period


RLJ Lodging Trust Revenue by Year

DateRevenueChange
2024-12-31$1.37B3.31%
2023-12-31$1.33B11.05%
2022-12-31$1.19B51.93%
2021-12-31$785.66M66.07%
2020-12-31$473.09M-69.79%
2019-12-31$1.57B-11.07%
2018-12-31$1.76B29.86%
2017-12-31$1.36B16.92%
2016-12-31$1.16B2.08%
2015-12-31$1.14B2.45%
2014-12-31$1.11B14.31%
2013-12-31$970.38M13.60%
2012-12-31$854.21M12.55%
2011-12-31$758.95M39.11%
2010-12-31$545.57M13.07%
2009-12-31$482.49M-12.56%
2008-12-31$551.82M-

RLJ Lodging Trust generated $1.37B in revenue during NA 2024, up 3.31% compared to the previous quarter, and up 87.44% compared to the same period a year ago.

RLJ Lodging Trust Revenue by Quarter

DateRevenueChange
2024-09-30$345.74M-6.38%
2024-06-30$369.30M13.84%
2024-03-31$324.41M1.47%
2023-12-31$319.71M-4.40%
2023-09-30$334.41M-6.32%
2023-06-30$356.96M13.50%
2023-03-31$314.50M4.07%
2022-12-31$302.19M-4.99%
2022-09-30$318.07M-3.76%
2022-06-30$330.50M36.07%
2022-03-31$242.90M2.02%
2021-12-31$238.09M1.85%
2021-09-30$233.77M20.34%
2021-06-30$194.25M62.48%
2021-03-31$119.55M31.26%
2020-12-31$91.08M8.52%
2020-09-30$83.93M157.53%
2020-06-30$32.59M-87.72%
2020-03-31$265.48M-23.51%
2019-12-31$347.07M-6.48%
2019-09-30$371.12M-17.29%
2019-06-30$448.73M12.39%
2019-03-31$399.27M-0.16%
2018-12-31$399.90M-10.55%
2018-09-30$447.04M-7.77%
2018-06-30$484.69M12.83%
2018-03-31$429.59M-7.11%
2017-12-31$462.49M35.53%
2017-09-30$341.25M16.75%
2017-06-30$292.28M12.32%
2017-03-31$260.23M-4.13%
2016-12-31$271.45M-8.37%
2016-09-30$296.26M-6.58%
2016-06-30$317.11M15.24%
2016-03-31$275.17M-0.03%
2015-12-31$275.26M-4.89%
2015-09-30$289.42M-3.93%
2015-06-30$301.25M11.41%
2015-03-31$270.40M-3.47%
2014-12-31$280.11M-5.90%
2014-09-30$297.67M0.89%
2014-06-30$295.05M24.82%
2014-03-31$236.37M-2.22%
2013-12-31$241.75M-4.22%
2013-09-30$252.40M-3.51%
2013-06-30$261.57M21.16%
2013-03-31$215.89M-2.99%
2012-12-31$222.54M-1.19%
2012-09-30$225.22M0.88%
2012-06-30$223.26M21.87%
2012-03-31$183.19M-3.21%
2011-12-31$189.26M-4.05%
2011-09-30$197.25M-6.75%
2011-06-30$211.53M21.37%
2011-03-31$174.29M18.29%
2010-12-31$147.34M7.98%
2010-09-30$136.45M-2.12%
2010-06-30$139.41M20.72%
2010-03-31$115.48M-1.54%
2009-12-31$117.30M-

RLJ Lodging Trust generated $345.74M in revenue during Q3 2024, up -6.38% compared to the previous quarter, and up 96.86% compared to the same period a year ago.

RLJ Lodging Trust Revenue Breakdown


RLJ Lodging Trust Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24Dec 23
Hotel, Other$94.75M$88.92M
Food and Beverage$153.11M$141.63M
Occupancy$1.12B$1.10B

RLJ Lodging Trust's latest annual revenue breakdown by segment (product or service), as of Dec 24: Occupancy (81.90%), Food and Beverage (11.18%), and Hotel, Other (6.92%).

Quarterly Revenue by Product

Product/ServiceDec 24Sep 24Mar 24
Occupancy$571.34M$283.61M$266.63M
Food and Beverage$80.44M$36.98M$35.69M
Hotel, Other$47.51M$25.15M$22.09M

RLJ Lodging Trust's latest quarterly revenue breakdown by segment (product or service), as of Dec 24: Occupancy (81.70%), Food and Beverage (11.50%), and Hotel, Other (6.79%).

RLJ Lodging Trust Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 24Dec 23Dec 22Dec 21Dec 20
Chicago, Illinois$70.62M$70.68M$67.55M$51.49M$29.65M
Washington, D.C.$62.04M$61.54M$52.62M$28.98M$19.48M
Southern California$172.97M$158.50M$134.20M$103.88M$63.42M
South Florida$148.30M$143.27M$140.10M$116.03M$63.63M
Northern California$158.50M$162.89M$146.30M$73.74M$58.47M
Louisville, Kentucky$62.84M$57.16M$47.80M--
Houston, Texas$54.46M$50.78M$44.75M$32.75M$22.16M
Boston$58.38M$54.69M$46.68M--
Austin, Texas--$44.78M$28.45M$15.99M
Denver, Colorado----$16.10M

RLJ Lodging Trust's latest annual revenue breakdown by geography, as of Dec 24: Southern California (21.95%), Northern California (20.11%), South Florida (18.82%), Chicago, Illinois (8.96%), Louisville, Kentucky (7.97%), Washington, D.C. (7.87%), Boston (7.41%), and Houston, Texas (6.91%).

Quarterly Revenue by Country

CountryDec 24Sep 24Mar 24Dec 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Washington, D.C.$33.82M$15.14M$13.08M$29.15M$19.14M$13.25M$13.41M$13.98M$16.20M$9.03M$9.02M$9.03M$6.48M$4.45M$3.70M$4.01M$2.20M$9.56M$14.06M$14.77M
Southern California$84.59M$50.48M$37.91M$82.71M$40.07M$35.72M$32.09M$38.82M$35.88M$27.41M$29.11M$34.66M$26.47M$13.65M$12.58M$15.99M$5.99M$28.87M$34.09M$44.21M
South Florida$71.47M$27.50M$49.33M$61.57M$35.41M$46.29M$31.21M$27.75M$36.76M$44.37M$31.16M$26.08M$33.84M$24.95M$13.70M$9.47M$2.88M$37.57M$30.81M$24.33M
Northern California$75.76M$41.79M$40.95M$81.59M$41.04M$40.26M$36.47M$45.92M$41.06M$22.86M$23.77M$24.18M$16.03M$9.76M$8.69M$7.96M$3.21M$38.60M$52.41M$58.89M
Louisville, Kentucky$33.73M$15.91M$13.20M$26.60M$18.25M$12.31M$11.55M$13.56M$14.97M$7.72M$7.49M$5.16M$2.50M$893.00K$301.00K$10.54M$13.71M$14.79M--
Houston, Texas$27.27M$12.80M$14.39M$22.94M$14.19M$13.65M$11.76M$11.18M$11.85M$9.96M$9.29M$9.19M$8.18M$6.09M$4.75M$3.15M$1.64M$12.63M$13.24M$14.68M
Chicago, Illinois$36.66M$21.80M$12.15M$37.46M$20.90M$12.32M$16.06M$22.26M$18.18M$11.04M$12.83M$16.84M$14.38M$7.43M$6.65M$7.90M$3.49M$11.60M$19.32M$23.82M
Charleston, South Carolina-$11.83M$12.35M$14.67M$10.58M$6.05M$10.28M$8.44M$9.38M$10.22M$3.88M---------
Austin, Texas--$12.47M$12.60M$14.16M$11.80M$10.39M$12.80M$9.79M$9.45M$7.71M$6.98M$4.31M$3.01M$1.90M$1.06M$10.02M$16.71M$18.25M-
Atlanta, Georgia-----$12.28M$10.70M$11.93M$8.89M$8.16M$5.19M$3.71M--------
New Orleans, Louisiana-----$10.31M$6.67M$11.64M$8.72M$5.58M$5.34M---------
Pittsburgh, Pennsylvannia-------$12.56M$11.04M$6.49M$8.52M$6.35M$5.04M-------
Denver, Colorado-------$11.41M$10.66M$8.60M$10.50M$6.64M$2.93M$2.60M$3.35M$784.00K$9.36M$11.95M$18.42M-
tampa---------$7.86M----------
Orlando, Florida---------$8.15M$5.50M$5.27M$3.81M-------
Tampa, Florida-------------$3.54M------

RLJ Lodging Trust's latest quarterly revenue breakdown by geography, as of Dec 24: Southern California (23.28%), Northern California (20.85%), South Florida (19.67%), Chicago, Illinois (10.09%), Washington, D.C. (9.31%), Louisville, Kentucky (9.28%), and Houston, Texas (7.51%).

RLJ Lodging Trust Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
RHPRyman Hospitality Properties$2.34B$549.96M
PEBPebblebrook Hotel Trust$1.45B$404.53M
RLJRLJ Lodging Trust$1.37B$345.74M
DRHDiamondRock Hospitality$1.13B$285.13M
XHRXenia Hotels & Resorts$1.04B$236.81M
SHOSunstone Hotel Investors$905.81M$226.39M
INNSummit Hotel Properties$731.78M$176.81M
CLDTChatham Lodging Trust$317.21M$86.48M

RLJ Revenue FAQ


What is RLJ Lodging Trust’s yearly revenue?

RLJ Lodging Trust's yearly revenue for 2024 was $1.37B, representing an increase of 3.31% compared to 2023. The company's yearly revenue for 2023 was $1.33B, representing an increase of 11.05% compared to 2022. RLJ's yearly revenue for 2022 was $1.19B, representing an increase of 51.93% compared to 2021.

What is RLJ Lodging Trust’s quarterly revenue?

RLJ Lodging Trust's quarterly revenue for Q3 2024 was $345.74M, a -6.38% decrease from the previous quarter (Q2 2024), and a 3.39% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $369.3M, a 13.84% increase from the previous quarter (Q1 2024), and a 3.46% increase year-over-year (Q2 2023). RLJ's quarterly revenue for Q1 2024 was $324.41M, a 1.47% increase from the previous quarter (Q4 2023), and a 3.15% increase year-over-year (Q1 2023).

What is RLJ Lodging Trust’s revenue growth rate?

RLJ Lodging Trust's revenue growth rate for the last 3 years (2022-2024) was 14.73%, and for the last 5 years (2020-2024) was 189.47%.

What are RLJ Lodging Trust’s revenue streams?

RLJ Lodging Trust's revenue streams in c 24 are Hotel, Other, Food and Beverage, and Occupancy. Hotel, Other generated $94.75M in revenue, accounting 6.92% of the company's total revenue, up 6.55% year-over-year. Food and Beverage generated $153.11M in revenue, accounting 11.18% of the company's total revenue, up 8.11% year-over-year. Occupancy generated $1.12B in revenue, accounting 81.90% of the company's total revenue, up 2.43% year-over-year.

What is RLJ Lodging Trust’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of RLJ Lodging Trust was Occupancy. This segment made a revenue of $1.12B, representing 81.90% of the company's total revenue.