Slide 1: Earnings Supplemental Q2 2026
EARNINGS SUPPLEMENTAL Q2 2026 AUGUST 2026
Slide 2: Overview
OVERVIEW Key Statistics (1) (2) Properties 91 Hotel Rooms 20,438 Share Price $11.85 Total Shares and Units Outstanding 153.1 M Market Capitalization $1.8 B Preferred Equity $0.3 B Net Debt Outstanding $1.8 B Total Enterprise Value (TEV) $3.9 B Total Capitalization $4.9 B THE ATTERBURY HOTEL, AUTOGRA
Slide 3: Comparable Hotel Statistics
COMPARABLE HOTEL STATISTICS Comparable statistics for 91 hotels owned as of June 30, 2026 Comparable Hotel Statistics (1) (2) 2025 2026 (all amounts in '000s, except operating metrics) Q1 Q2 Q3 Q4 FY Q1 Q2 Rooms Available 1,839 1,860 1,880 1,880 7,459 1,839 1,860 Rooms Sold 1,271 1,407 1,375 1,292 5
Slide 4: Comparable Portfolio Operating Statistics
Q2 2026 | COMPARABLE PORTFOLIO OPERATING STATISTICS (1) Comparable Hotel Markets Occupancy ADR ($) RevPAR ($) EBITDA ($M) # of Hotels Q2 2026 Q2 2025 Y/Y Growth % Q2 2026 Q2 2025 Y/Y Growth % Q2 2026 Q2 2025 Y/Y Growth % Q2 2026 TTM (3) LA / Anaheim 7 80.2% 79.4% 1.0% 212.13 200.95 5.6% 170.22 159.6
Slide 5: Comparable Portfolio Operating Statistics Q2 2026 YTD
Q2 2026 YTD | COMPARABLE PORTFOLIO OPERATING STATISTICS (1) Markets Occupancy ADR ($) RevPAR ($) Q2 2026 Q2 2025 Q2 2026 Q2 2025 Q2 2026 Q2 2025 # of Hotels Y/Y Growth % Y/Y Growth % Y/Y Growth % YTD YTD YTD YTD YTD YTD LA / Anaheim 7 78.6% 78.5% 0.1% 202.32 196.13 3.2% 159.03 153.94 3.3% Charleston
Slide 6: Comparable Hotel EBITDA Reconciliation
Q2 2026 | COMPARABLE HOTEL EBITDA RECONCILIATION RLJ Lodging Trust Reconciliation of Non-GAAP Measures (Amounts in millions) (unaudited) Q2 2026 TTM (1) Net income $ 27.7 Depreciation and amortization 188.9 Interest expense, net of interest income 99.5 Income tax expense 1.1 Adjustments related to u
Slide 7: Forward-Looking Statements
FORWARD - LOOKING STATEMENTS The following information contains certain statements, other than purely historical information, including estimates, projections, statements relating to our business plans, objectives and expected operating results, and the assumptions upon which those statements are ba