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RLJ Lodging Trust (RLJ Lodging Trust) Revenue per Available Room (USD) : 133.84 (As of Dec. 2023)


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What is RLJ Lodging Trust Revenue per Available Room (USD)?

Revenue per Available Room (USD), RevPAR, is a metric used in the hotel hospitality industry to measure hotel performance.

RLJ Lodging Trust's Revenue per Available Room (USD) for the quarter that ended in Dec. 2023 was 133.84 , which lower from pervious quarter (Sep. 2023)'s result by 5.62%.

RLJ Lodging Trust's Revenue per Available Room (USD) for the annual that ended in Dec. 2023 was 141.09 , which higher from pervious year (Dec. 2022)'s result by 9.26%.

The historical rank and industry rank for RLJ Lodging Trust's Revenue per Available Room (USD) or its related term are showing as below:

RLJ's Revenue per Available Room (USD) is not ranked *
in the REITs industry.
Industry Median:
* Ranked among companies with meaningful Revenue per Available Room (USD) only.

RLJ Lodging Trust Revenue per Available Room (USD) Historical Data

The historical data trend for RLJ Lodging Trust's Revenue per Available Room (USD) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

RLJ Lodging Trust Revenue per Available Room (USD) Chart

RLJ Lodging Trust Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Revenue per Available Room (USD)
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Average Daily Rate (USD)
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RLJ Lodging TrustQuarterly Data
Trend Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Revenue per Available Room (USD)
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Average Daily Rate (USD)
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Competitive Comparison of RLJ Lodging Trust's Revenue per Available Room (USD)

For the REIT - Hotel & Motel subindustry, RLJ Lodging Trust's Revenue per Available Room (USD), along with its competitors' market caps and Revenue per Available Room (USD) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

RLJ Lodging Trust  (NYSE:RLJ) Revenue per Available Room (USD) Calculation

Revenue per Available Room (USD) is calculated as

Revenue per Available Room (USD)=Average Daily Rate (USD) * Average Occupancy Rate %
=Total Room Revenue / Number of Available Rooms

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

RLJ Lodging Trust  (NYSE:RLJ) Revenue per Available Room (USD) Explanation

Revenue per Available Room (USD) is a metric used in the hospitality industry to measure hotel performance, calcualted by multiplying Average Daily Rate (USD) by Average Occupancy Rate %. Thus, an increase in a property's RevPAR means that its average room rate or its occupancy rate is improving. However, it does not necessarily mean greater profits as it fails to consider the size of a hotel.

RLJ Lodging Trust Revenue per Available Room (USD) Related Terms

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RLJ Lodging Trust (RLJ Lodging Trust) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » RLJ Lodging Trust (NYSE:RLJ) » Definitions » Revenue per Available Room (USD)
Comparable Companies
PEB DRH XHR SVC SHO INN PK CLDT HT BHR HST RHP APLE TSE:8963 XPAR:COVH TSE:8985 TSE:3287 SGX:J85 SGX:ACV FIHO12
Traded in Other Exchanges
RLJpA.PFD:USA
Address
3 Bethesda Metro Center, Suite 1000, Bethesda, MD, USA, 20814
Website
https://www.rljlodgingtrust.com
RLJ Lodging Trust is a real estate investment trust that acquires focused-service and compact full-service hotels. Its portfolio consists of hotels in various states across the United States and the District of Columbia. Its hotels are under the Marriott, Hilton, and Hyatt brand names. These hotels are concentrated in urban areas, dense suburban markets, and business districts within metropolitan areas where utmost of their customers are business, leisure, and other travelers. Its revenue streams include hotel operations revenue, which is composed of the sale of rooms, food, and beverages, and other property revenue. The company derives the substantial majority of its revenue from the operation of hotels.
Executives
Arthur Reginald Collins director 3911 LORCOM LANE, ARLINGTON VA 22207
Nathaniel A Davis director 1500 ECKINGTON PLACE NE, WASHINGTON DC 20002
Chad Perry officer: EVP and General Counsel C/O TANGER FACTORY OUTLET CENTERS, INC., 3200 NORTHLINE AVENUE, SUITE 360, GREENSBORO NC 27408
Patricia L Gibson director 545 E JOHN CARPENTER FREEWAY, SUITE 1300, IRVING TX 75062
Thomas Bardenett officer: EVP and COO C/O EXTENDED STAY AMERICA, INC., 11525 N. COMMUNITY HOUSE ROAD, SUITE 100, CHARLOTTE NC 28277
La Forgia Robert M director C/O HILTON HOTELS CORP, 9336 CIVIC CENTER DRIVE, BEVERLY HILLS CA 90210
Robert Mccarthy director C/O SANTANDER CONSUMER USA HOLDINGS INC, 1601 ELM STREET, SUITE 800, DALLAS TX 75201
Evan Bayh director 3 BETHESDA METRO CENTER, SUITE 1000, BETHESDA MD 20814
Robin Mcbride Zeigler director 44 SOUTH BAYLES AVENUE, PORT WASHINGTON NY 11050
Sean M Mahoney officer: EVP, CFO and Treasurer 3 BETHESDA METRO CTR #1000, BETHESDA MD 20814
Robert L Johnson director, officer: Executive Chairman C/O RLJ COMPANIES, 3 BETHESDA METRO CENTER, SUITE 1000, BETHESDA MD 20814
Leslie D. Hale director, officer: President and CEO 3 BETHESDA METRO CENTER, SUITE 1000, BETHESDA MD 20814
Christopher Andrew Gormsen officer: Chief Accounting Officer C/O RLJ LODGING TRUST, 3 BETHESDA METRO CENTER, SUITE 1000, BETHESDA MD 20814
Joseph J Ryan director C/O RLJ LODGING TRUST, 3 BETHESDA METRO CENTER, SUITE 1000, BETHESDA MD 20817
California Public Employees Retirement System 10 percent owner 400 Q ST, SUITE 4800, SACRAMENTO CA 95811