📊 Topic

Non-Rooms Revenue

2 stories · First covered Mar 25, 2026 · Latest May 4
Related: Revenue Management 1 RevPAR 1 RevPAR Growth 1 Labor Costs 1 RLJ Lodging Trust 1 Barry Bloom 1 Adjusted FFO per share 1 Flow-Through 1 Hotel EBITDA 1 Xenia Hotels 1 EBITDA Margin Expansion 1 Flow-Through Discipline 1
Non-Rooms Revenue Coverage
RLJ's Q1 Margin Expansion Is the Story. Not the RevPAR Growth.
REITs Primary
May 4

RLJ's Q1 Margin Expansion Is the Story. Not the RevPAR Growth.

RLJ Lodging Trust posted 4.8% RevPAR growth in Q1, but the 45 basis points of margin expansion underneath it tells you something more important about what's actually working in urban select-service right now... and what most operators are still leaving on the table.

MS
Mike Storm 2 min read · May 4
Xenia's Q4 Margin Expansion Is the Real Story. The RevPAR Number Is Just the Appetizer.
REITs
Mar 25

Xenia's Q4 Margin Expansion Is the Real Story. The RevPAR Number Is Just the Appetizer.

Xenia Hotels posted a 4.5% RevPAR gain in Q4, and most outlets stopped there. The number worth staring at is the 214 basis points of EBITDA margin expansion underneath it... because that tells you something about flow-through discipline that most hotel owners should be measuring themselves against right now.

MS
Mike Storm 3 min read · Mar 25