RLJ Lodging Trust Q2 2026: RevPAR up 6.8%, Adj. FFO $0.52, raises full-year outlook

RLJ Lodging Trust

Comparable RevPAR $167.15 (+6.8% YoY); Net income $31.3M (+9.4%).
Adjusted FFO per diluted share $0.52 (+8.3%); Adjusted EBITDA $110.4M (+6.1%).
Raised FY 2026 outlook: RevPAR growth +3.5% to +4.5%, Adj. FFO per share $1.37-$1.50.
Drew $494M from term loans to repay $500M Senior Notes due 2026; no debt maturities until 2029.
Sold one hotel in Fremont, CA for $13.2M (29.2x Hotel EBITDA).

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