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RLJ Lodging Trust RLJ Franchise — Number of real estate properties

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Other financials

Income statement

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Revenue$383.0M+5.5%
Net income$31.0M+9.1%
EPS (diluted)$0.16+6.7%

Balance sheet

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Cash & equivalents$937.6M+151%
Total debt$2.8B+20.3%
Total equity$2.2B-3.4%
Total assets$5.2B+8.5%

Cash flow

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Operating cash flow$114.6M+13.1%
CapEx$20.7M-41.2%
Free cash flow$93.9M+42.0%

Valuation

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Market cap$1.69B+60.3%
Enterprise value$3.57B+18.1%
P/E61.3×+43.0×
P/S1.2×+0.5×

Profitability

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Operating margin14.5%
Net margin2%-2.2pp
FCF margin12.6%+3.6pp

Returns & leverage

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Return on equity1.3%-1.3pp
Debt / equity1.3×+0.3×

Where this comes from

Reported directly by RLJ Lodging Trust in its filing.

Tagged under the XBRL concept us-gaap:NumberOfRealEstateProperties.

The source filing: RLJ Lodging Trust’s 10-K, filed February 27, 2026.

Filed
Feb 27, 2026, 4:49 PM EST
Fiscal year
FY2025
Accession
0001511337-26-000007

As of December 31, 2025, 53 of the Company's consolidated hotel properties were operated under franchise agreements with initial terms ranging from one to 30 years. This number excludes 36 consolidated hotel properties that receive the benefits of a franchise agreement pursuant to management agreements with Hilton, Hyatt, or Marriott. In addition, three hotels are not operated with a hotel brand so they do not have franchise agreements. Franchise agreements allow the hotel properties to operate under the respective brands. Pursuant to the franchise agreements, the Company pays a royalty fee between 2.0% and 6.0% of room revenue, plus additional fees for marketing, central reservation systems and other franchisor costs between 1.0% and 4.3% of room revenue. Certain hotels are also charged a royalty fee between 1.5% and 3.0% of food and beverage revenues.

Item 8. Financial Statements and Supplementary Data

FAQ

What is RLJ Lodging Trust's franchise — number of real estate properties?
RLJ Lodging Trust (RLJ) reported franchise — number of real estate properties of 53 in Q4 2025.
How has RLJ Lodging Trust's franchise — number of real estate properties changed year-over-year?
RLJ Lodging Trust's franchise — number of real estate properties decreased by 7.0% year-over-year, from 57 to 53.
What does franchise — number of real estate properties mean?
This metric tracks the total count of individual real estate assets or hotel properties operating under the franchise segment. It serves as a primary indicator of the scale and physical footprint of the company's franchised portfolio. Changes in this count reflect the company's growth strategy, asset acquisition, or divestiture activities within the specific franchise business model.

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