RLJ Lodging Trust (RLJ) Revenue & Revenue Breakdown


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RLJ Lodging Trust Revenue Highlights


Latest Revenue (Y)

$1.33B

Latest Revenue (Q)

$345.74M

Main Segment (Y)

Occupancy

Main Geography (Y)

Northern California

RLJ Lodging Trust Revenue by Period


RLJ Lodging Trust Revenue by Year

DateRevenueChange
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 $1.33B 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

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 23
Food and Beverage$141.63M
Hotel, Other$88.92M
Occupancy$1.10B

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/ServiceSep 24Mar 24
Hotel, Other$25.15M$22.09M
Occupancy$283.61M$266.63M
Food and Beverage$36.98M$35.69M

RLJ Lodging Trust's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Occupancy (82.03%), Food and Beverage (10.70%), and Hotel, Other (7.27%).

RLJ Lodging Trust Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21Dec 20Dec 19
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
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
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

CountrySep 24Mar 24Dec 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19
Chicago, Illinois$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$26.26M
Washington, D.C.$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$20.22M
Southern California$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$39.15M
South Florida$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$37.39M
Northern California$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$58.74M
Louisville, Kentucky$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$19.00M--
Houston, Texas$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$17.77M
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$26.70M-
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-
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 Sep 24: Southern California (25.59%), Northern California (21.19%), South Florida (13.94%), Chicago, Illinois (11.05%), Louisville, Kentucky (8.07%), Washington, D.C. (7.67%), Houston, Texas (6.49%), and Charleston, South Carolina (6.00%).

RLJ Lodging Trust Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
RHPRyman Hospitality Properties$2.16B$549.96M
PEBPebblebrook Hotel Trust$1.42B$404.53M
RLJRLJ Lodging Trust$1.33B$345.74M
DRHDiamondRock Hospitality Company$1.07B$285.13M
XHRXenia Hotels & Resorts$1.03B$236.81M
SHOSunstone Hotel Investors$986.48M$226.39M
INNSummit Hotel Properties$736.13M$176.81M
HTHersha Hospitality Trust$405.87M$91.98M
CLDTChatham 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 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 (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, Hotel, Other, and Occupancy. Food and Beverage generated $141.62M in revenue, accounting 10.68% of the company's total revenue Hotel, Other generated $88.92M in revenue, accounting 6.71% of the company's total revenue Occupancy generated $1.1B in revenue, accounting 82.61% 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.