RLJ Lodging Trust (RLJ) Revenue & Revenue Breakdown
RLJ Lodging Trust Revenue Highlights
Latest Revenue (Y)
$1.33B
Latest Revenue (Q)
$369.30M
Main Segment (Y)
Occupancy
Main Geography (Y)
Northern California
RLJ Lodging Trust Revenue by Period
RLJ Lodging Trust Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $1.33B | 11.05% |
| 2022-12-31 | $1.19B | 51.93% |
| 2021-12-31 | $785.66M | 66.07% |
| 2020-12-31 | $473.09M | -69.79% |
| 2019-12-31 | $1.57B | -11.07% |
| 2018-12-31 | $1.76B | 29.86% |
| 2017-12-31 | $1.36B | 16.92% |
| 2016-12-31 | $1.16B | 2.08% |
| 2015-12-31 | $1.14B | 2.45% |
| 2014-12-31 | $1.11B | 14.31% |
| 2013-12-31 | $970.38M | 13.60% |
| 2012-12-31 | $854.21M | 12.55% |
| 2011-12-31 | $758.95M | 39.11% |
| 2010-12-31 | $545.57M | 13.07% |
| 2009-12-31 | $482.49M | -12.56% |
| 2008-12-31 | $551.82M | - |
RLJ Lodging Trust generated $1.33B in revenue during NA 2023, up 11.05% compared to the previous quarter, and up 75.26% compared to the same period a year ago.
RLJ Lodging Trust Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $369.30M | 13.84% |
| 2024-03-31 | $324.41M | 1.47% |
| 2023-12-31 | $319.71M | -4.40% |
| 2023-09-30 | $334.41M | -6.32% |
| 2023-06-30 | $356.96M | 13.50% |
| 2023-03-31 | $314.50M | 4.07% |
| 2022-12-31 | $302.19M | -4.99% |
| 2022-09-30 | $318.07M | -3.76% |
| 2022-06-30 | $330.50M | 36.07% |
| 2022-03-31 | $242.90M | 2.02% |
| 2021-12-31 | $238.09M | 1.85% |
| 2021-09-30 | $233.77M | 20.34% |
| 2021-06-30 | $194.25M | 62.48% |
| 2021-03-31 | $119.55M | 31.26% |
| 2020-12-31 | $91.08M | 8.52% |
| 2020-09-30 | $83.93M | 157.53% |
| 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 | $448.73M | 12.39% |
| 2019-03-31 | $399.27M | -0.16% |
| 2018-12-31 | $399.90M | -10.55% |
| 2018-09-30 | $447.04M | -7.77% |
| 2018-06-30 | $484.69M | 12.83% |
| 2018-03-31 | $429.59M | -7.11% |
| 2017-12-31 | $462.49M | 35.53% |
| 2017-09-30 | $341.25M | 16.75% |
| 2017-06-30 | $292.28M | 12.32% |
| 2017-03-31 | $260.23M | -4.13% |
| 2016-12-31 | $271.45M | -8.37% |
| 2016-09-30 | $296.26M | -6.58% |
| 2016-06-30 | $317.11M | 15.24% |
| 2016-03-31 | $275.17M | -0.03% |
| 2015-12-31 | $275.26M | -4.89% |
| 2015-09-30 | $289.42M | -3.93% |
| 2015-06-30 | $301.25M | 11.41% |
| 2015-03-31 | $270.40M | -3.47% |
| 2014-12-31 | $280.11M | -5.90% |
| 2014-09-30 | $297.67M | 0.89% |
| 2014-06-30 | $295.05M | 24.82% |
| 2014-03-31 | $236.37M | -2.22% |
| 2013-12-31 | $241.75M | -4.22% |
| 2013-09-30 | $252.40M | -3.51% |
| 2013-06-30 | $261.57M | 21.16% |
| 2013-03-31 | $215.89M | -2.99% |
| 2012-12-31 | $222.54M | -1.19% |
| 2012-09-30 | $225.22M | 0.88% |
| 2012-06-30 | $223.26M | 21.87% |
| 2012-03-31 | $183.19M | -3.21% |
| 2011-12-31 | $189.26M | -4.05% |
| 2011-09-30 | $197.25M | -6.75% |
| 2011-06-30 | $211.53M | 21.37% |
| 2011-03-31 | $174.29M | 18.29% |
| 2010-12-31 | $147.34M | 7.98% |
| 2010-09-30 | $136.45M | -2.12% |
| 2010-06-30 | $139.41M | 20.72% |
| 2010-03-31 | $115.48M | -1.54% |
| 2009-12-31 | $117.30M | - |
RLJ Lodging Trust generated $369.30M in revenue during Q2 2024, up 13.84% compared to the previous quarter, and up 117.42% 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/Service | Dec 23 |
|---|---|
| Food and Beverage | $141.63M |
| Occupancy | $1.10B |
| Hotel, Other | $88.92M |
RLJ Lodging Trust's latest annual revenue breakdown by segment (product or service), as of Dec 23: Occupancy (82.61%), Food and Beverage (10.68%), and Hotel, Other (6.71%).
Quarterly Revenue by Product
| Product/Service | Mar 24 |
|---|---|
| Food and Beverage | $35.69M |
| Hotel, Other | $22.09M |
| Occupancy | $266.63M |
RLJ Lodging Trust's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Occupancy (82.19%), Food and Beverage (11.00%), and Hotel, Other (6.81%).
RLJ Lodging Trust Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Houston, Texas | $50.78M | $44.75M | $32.75M | $22.16M | $64.07M |
| Louisville, Kentucky | $57.16M | $47.80M | $61.25M | - | - |
| Northern California | $162.89M | $146.30M | $73.74M | $58.47M | $227.29M |
| South Florida | $143.27M | $140.10M | $116.03M | $63.63M | $145.08M |
| Southern California | $158.50M | $134.20M | $103.88M | $63.42M | $152.29M |
| Washington, D.C. | $61.54M | $52.62M | $28.98M | $19.48M | $63.30M |
| Boston | $54.69M | $46.68M | - | - | - |
| Chicago, Illinois | $70.68M | $67.55M | $51.49M | $29.65M | $85.71M |
| Austin, Texas | - | $44.78M | $28.45M | $15.99M | $89.66M |
| Denver, Colorado | - | - | - | $16.10M | $68.64M |
RLJ Lodging Trust's latest annual revenue breakdown by geography, as of Dec 23: Northern California (21.45%), Southern California (20.87%), South Florida (18.86%), Chicago, Illinois (9.31%), Washington, D.C. (8.10%), Louisville, Kentucky (7.53%), Boston (7.20%), and Houston, Texas (6.69%).
Quarterly Revenue by Country
| Country | Mar 24 | Dec 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Northern California | $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 | $58.74M | $57.26M |
| South Florida | $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 | $37.39M | $52.55M |
| Southern California | $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 | $39.15M | $34.85M |
| Houston, Texas | $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 | $17.77M | $18.39M |
| Louisville, Kentucky | $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 | $19.00M | $13.75M | - | - |
| Washington, D.C. | $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 | $20.22M | $14.25M |
| Chicago, Illinois | $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 | $26.26M | $16.31M |
| Charleston, South Carolina | $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 | $26.70M | $28.01M | - |
| 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 | $21.98M | $16.28M | - |
| Orlando, Florida | - | - | - | - | - | - | - | $8.15M | $5.50M | $5.27M | $3.81M | - | - | - | - | - | - | - | - | - |
| tampa | - | - | - | - | - | - | - | $7.86M | - | - | - | - | - | - | - | - | - | - | - | - |
| Tampa, Florida | - | - | - | - | - | - | - | - | - | - | - | $3.54M | - | - | - | - | - | - | - | - |
RLJ Lodging Trust's latest quarterly revenue breakdown by geography, as of Mar 24: South Florida (23.97%), Northern California (19.90%), Southern California (18.42%), Houston, Texas (6.99%), Louisville, Kentucky (6.41%), Washington, D.C. (6.35%), Austin, Texas (6.06%), Charleston, South Carolina (6.00%), and Chicago, Illinois (5.91%).
RLJ Lodging Trust Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| RHP | Ryman Hospitality Properties | $2.16B | $613.29M |
| PEB | Pebblebrook Hotel Trust | $1.42B | $397.11M |
| RLJ | RLJ Lodging Trust | $1.33B | $369.30M |
| DRH | DiamondRock Hospitality Company | $1.07B | $309.28M |
| XHR | Xenia Hotels & Resorts | $1.03B | $272.90M |
| SHO | Sunstone Hotel Investors | $986.48M | $217.17M |
| INN | Summit Hotel Properties | $736.13M | $193.90M |
| HT | Hersha Hospitality Trust | $405.87M | $91.98M |
| CLDT | Chatham Lodging Trust | $311.11M | $86.48M |
RLJ Revenue FAQ
What is RLJ Lodging Trust’s yearly revenue?
RLJ Lodging Trust's yearly revenue for 2023 was $1.33B, representing an increase of 11.05% compared to 2022. The company's yearly revenue for 2022 was $1.19B, representing an increase of 51.93% compared to 2021. RLJ's yearly revenue for 2021 was $785.66M, representing an increase of 66.07% compared to 2020.
What is RLJ Lodging Trust’s quarterly revenue?
RLJ Lodging Trust'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). The company'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). RLJ's quarterly revenue for Q4 2023 was $319.71M, a -4.40% decrease from the previous quarter (Q3 2023), and a 5.80% increase year-over-year (Q4 2022).
What is RLJ Lodging Trust’s revenue growth rate?
RLJ Lodging Trust's revenue growth rate for the last 3 years (2021-2023) was 68.72%, and for the last 5 years (2019-2023) was -15.36%.
What are RLJ Lodging Trust’s revenue streams?
RLJ Lodging Trust's revenue streams in c 23 are Food and Beverage, Occupancy, and Hotel, Other. Food and Beverage generated $141.62M in revenue, accounting 10.68% of the company's total revenue Occupancy generated $1.1B in revenue, accounting 82.61% of the company's total revenue Hotel, Other generated $88.92M in revenue, accounting 6.71% of the company's total revenue
What is RLJ Lodging Trust’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of RLJ Lodging Trust was Occupancy. This segment made a revenue of $1.1B, representing 82.61% of the company's total revenue.