RLJ Lodging Trust (RLJ) announced on Thursday that it will release its financial results for the second quarter of 2026 after the US market closes on August 6, followed by an earnings conference call at 12:00 PM Eastern Time on the following day, August 7. These dates for the earnings release and call are largely in line with prior market expectations.
This real estate investment trust, which focuses on urban select-service hotels, previously reported robust first-quarter performance. Its financial report showed that comparable RevPAR for Q1 increased by 4.8% year-over-year to $148.55, while hotel EBITDA reached $89.9 million, marking a 7.2% increase. During the Q1 conference call, the company's President and CEO stated that strong leisure and business travel demand in key markets such as Northern California and South Florida, combined with recently completed hotel renovation and repositioning projects, drove the better-than-expected results.
For the full 2026 year, the company has raised its performance guidance, projecting comparable RevPAR growth of 1.5% to 3.5%, hotel EBITDA in the range of $356 million to $380 million, and adjusted diluted funds from operations per share between $1.29 and $1.45. The company reported a Q1 earnings per share of -$0.05, which was better than the market consensus of -$0.08.
The company's stock has shown strong performance recently, hitting a new 52-week high of $10.87 this week and gaining over 45% year-to-date. Investors will be able to access a replay of the conference call via the investor relations section of the company's website after the event concludes.
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