RLJ Lodging Trust (RLJ) SEC Filings & Earnings Calls

Labor Cost Inflation

“The increase in property operating expenses from the comparable properties was primarily due to increases in wages and benefits.” · word for word

Interest Rate Exposure

“Interest expense increased $0.2 million to $28.1 million for Q2 2026 from $27.9 million for Q2 2025.” · word for word

Property Sales Loss

“During the six months ended June 30, 2026, we sold one hotel property for a sales price of $13.2 million and recorded a net loss on sale of $3.8 million.” · word for word

Interest rate sensitivity; debt refinancing risk.

“Drew $494M on delayed draw term loans to repay $500M Senior Notes due 2026.”

Economic downturn could impact travel demand.

“Guidance raise assumes continuation of positive trends.”

Loss on Sale of Hotel Property

“During the three months ended March 31, 2026, we recorded a $3.6 million net loss on the sale of a hotel property.” · word for word

Macroeconomic and Geopolitical Uncertainty

“Heightened macroeconomic and geopolitical uncertainty, especially related to tariffs, also weighed on business and consumer confidence throughout the year” · word for word

Inflationary Cost Pressure

“the Company has experienced substantial inflationary pressures on operating expenses—including wages, benefits, and utilities—that have risen more rapidly than revenues, resulting in compressed margins and negatively impacting profitability both across the industry and at the Company's properties” · word for word

Government and International Travel Demand Risk

“policy actions which impacted key segments of lodging demand, such as government and government-adjacent travel and inbound international travel to the U.S.” · word for word

Higher Borrowing Costs

“higher borrowing costs and inflation constrained both discretionary spending and profitability” · word for word

Interest Expense Pressure

“Interest expense, net of interest income: $98,718 (in thousands) for 2025, up from $94,044 in 2024”

Debt maturity concentration

“$879.8 million is scheduled to become due in the succeeding 12 months, excluding extension options.” · word for word

Demand weakness from reduced travel

“The decrease in room revenue from the comparable properties was primarily due to a decrease in international, government, corporate and group travel.” · word for word

Government shutdown disrupted demand; geopolitical uncertainty remains.

“Overall industry performance during the fourth quarter was impacted by the extended U.S. government shutdown that began on October 1, 2025.” · word for word

Demand weakness across travel segments

“The decrease in room revenue from the comparable properties was primarily due to a decrease in leisure, government, corporate and group travel.” · word for word

Cost inflation (wages, insurance)

“The increase in property operating expenses from the comparable properties was primarily due to increases in wages and benefits, as well as increases in room expenses and increases in other operating expenses, including increases in sales and marketing expenses and general liability insurance coverage.” · word for word

Government shutdown and macro uncertainty are negatively impacting travel demand and Q4 outlook.

“anticipated impact from the ongoing government shutdown to overall travel and fourth quarter performance.” · word for word

Transformative renovations and Austin Convention Center closure are creating headwinds.

“three transformative renovations as well as the closure of the Austin Convention Center for expansion, which collectively had an approximately 200 basis point negative impact.” · word for word