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RLJ Lodging Trust RLJ Management And Franchise Fee Expense — Operating Expenses

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Other Revenue
$99.73M+7.5%
Room Revenue
$77.93M+4.5%
Food and Beverage Revenue
$32.09M+5.7%

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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$1.81B+62.9%
Enterprise value$3.69B+19.8%
P/E65.6×+46.4×
P/S1.3×+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:OperatingCostsAndExpenses.

The source filing: RLJ Lodging Trust’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 4:02 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001511337-26-000023
Line itemFor the three months ended June 30, 2026For the three months ended June 30, 2025For the six months ended June 30, 2026For the six months ended June 30, 2025
Operating expenses
Room expense77,93174,565150,663145,416
Food and beverage expense32,09330,37562,85559,664
Management and franchise fee expense29,32128,39354,39553,595
Other operating expenses99,72792,787196,153184,498
Total property operating expenses239,072226,120464,066443,173
Depreciation and amortization47,49646,36394,69192,151
Property tax, insurance and other26,78426,49053,75653,693

Item 1. Financial Statements

FAQ

What is RLJ Lodging Trust's management and franchise fee expense — operating expenses?
RLJ Lodging Trust (RLJ) reported management and franchise fee expense — operating expenses of $29.32M in Q2 2026.
How has RLJ Lodging Trust's management and franchise fee expense — operating expenses changed year-over-year?
RLJ Lodging Trust's management and franchise fee expense — operating expenses increased by 3.3% year-over-year, from $28.39M to $29.32M.
What is the long-term trend for RLJ Lodging Trust's management and franchise fee expense — operating expenses?
Over 4 years (2021 to 2025), RLJ Lodging Trust's management and franchise fee expense — operating expenses has grown at a 17.8% compound annual growth rate (CAGR), from $53.28M to $102.76M.
What does management and franchise fee expense — operating expenses mean?
This metric represents the contractual fees paid to third-party hotel management companies and brand franchisors for the day-to-day operation and branding of the hotel portfolio. These expenses are classified as operating costs and reflect the recurring overhead required to maintain brand standards and professional property management. Monitoring this figure helps investors assess the cost structure of property-level operations and the impact of management agreements on overall hotel profitability.

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