<SEC-DOCUMENT>0001104659-25-091234.txt : 20250918
<SEC-HEADER>0001104659-25-091234.hdr.sgml : 20250918
<ACCEPTANCE-DATETIME>20250918160532
ACCESSION NUMBER:		0001104659-25-091234
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		15
CONFORMED PERIOD OF REPORT:	20250915
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20250918
DATE AS OF CHANGE:		20250918

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			RLJ Lodging Trust
		CENTRAL INDEX KEY:			0001511337
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		ORGANIZATION NAME:           	05 Real Estate & Construction
		EIN:				000000000
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-35169
		FILM NUMBER:		251323473

	BUSINESS ADDRESS:	
		STREET 1:		7373 WISCONSIN AVE
		STREET 2:		SUITE 1500
		CITY:			BETHESDA
		STATE:			MD
		ZIP:			20814
		BUSINESS PHONE:		301-280-7777

	MAIL ADDRESS:	
		STREET 1:		7373 WISCONSIN AVE
		STREET 2:		SUITE 1500
		CITY:			BETHESDA
		STATE:			MD
		ZIP:			20814
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>tm2526402d1_8k.htm
<DESCRIPTION>FORM 8-K
<TEXT>
<XBRL>
<?xml version='1.0' encoding='ASCII'?>
<html xmlns="http://www.w3.org/1999/xhtml" xmlns:xs="http://www.w3.org/2001/XMLSchema-instance" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:xbrldi="http://xbrl.org/2006/xbrldi" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:iso4217="http://www.xbrl.org/2003/iso4217" xmlns:ix="http://www.xbrl.org/2013/inlineXBRL" xmlns:ixt="http://www.xbrl.org/inlineXBRL/transformation/2015-02-26" xmlns:ixt-sec="http://www.sec.gov/inlineXBRL/transformation/2015-08-31" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:dei="http://xbrl.sec.gov/dei/2025" xmlns:us-gaap="http://fasb.org/us-gaap/2025" xmlns:us-roles="http://fasb.org/us-roles/2025" xmlns:country="http://xbrl.sec.gov/country/2025" xmlns:srt="http://fasb.org/srt/2025" xmlns:rlj="http://rljlodgingtrust.com/20250915">
<head>
     <title></title>
<meta http-equiv="Content-Type" content="text/html"/>
</head>
<!-- Field: Set; Name: xdx; ID: xdx_02E_US%2DGAAP%2D2025 -->
<!-- Field: Set; Name: xdx; ID: xdx_034_rlj_rljlodgingtrust.com_20250915 -->
<!-- Field: Set; Name: xdx; ID: xdx_04D_20250915_20250915 -->
<!-- Field: Set; Name: xdx; ID: xdx_059_edei%2D%2DAmendmentFlag_false -->
<!-- Field: Set; Name: xdx; ID: xdx_054_edei%2D%2DEntityCentralIndexKey_0001511337 -->
<!-- Field: Set; Name: xdx; ID: xdx_06B_USD_1_iso4217%2D%2DUSD -->
<!-- Field: Set; Name: xdx; ID: xdx_062_Shares_2_xbrli%2D%2Dshares -->
<!-- Field: Set; Name: xdx; ID: xdx_06D_USDPShares_3_iso4217%2D%2DUSD_xbrli%2D%2Dshares -->
<body style="font: 10pt Times New Roman, Times, Serif">
<div style="display: none">
<ix:header>
 <ix:hidden>
  <ix:nonNumeric contextRef="AsOf2025-09-15" id="Fact000003" name="dei:AmendmentFlag">false</ix:nonNumeric>
  <ix:nonNumeric contextRef="AsOf2025-09-15" id="Fact000004" name="dei:EntityCentralIndexKey">0001511337</ix:nonNumeric>
  </ix:hidden>
 <ix:references>
  <link:schemaRef xlink:href="rlj-20250915.xsd" xlink:type="simple"/>
  </ix:references>
 <ix:resources>
    <xbrli:context id="AsOf2025-09-15">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001511337</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2025-09-15</xbrli:startDate>
        <xbrli:endDate>2025-09-15</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:unit id="USD">
      <xbrli:measure>iso4217:USD</xbrli:measure>
    </xbrli:unit>
    <xbrli:unit id="Shares">
      <xbrli:measure>xbrli:shares</xbrli:measure>
    </xbrli:unit>
    <xbrli:unit id="USDPShares">
      <xbrli:divide>
        <xbrli:unitNumerator>
          <xbrli:measure>iso4217:USD</xbrli:measure>
        </xbrli:unitNumerator>
        <xbrli:unitDenominator>
          <xbrli:measure>xbrli:shares</xbrli:measure>
        </xbrli:unitDenominator>
      </xbrli:divide>
    </xbrli:unit>
  </ix:resources>
 </ix:header>
</div>


<p style="margin: 0">&#160;</p>

<p style="margin: 0"></p>

<!-- Field: Rule-Page --><div style="margin-top: 0pt; margin-bottom: 0pt; width: 100%"><div style="border-top: Black 2pt solid; border-bottom: Black 1pt solid; font-size: 1pt">&#160;</div></div><!-- Field: /Rule-Page -->

<p style="margin: 0">&#160;</p>



<p style="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>UNITED STATES</b></p>

<p style="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>SECURITIES AND EXCHANGE COMMISSION</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>WASHINGTON, D.C. 20549</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>FORM&#160;<span id="xdx_903_edei--DocumentType_c20250915__20250915_zJBky1V0GZ9f"><ix:nonNumeric contextRef="AsOf2025-09-15" id="Fact000009" name="dei:DocumentType">8-K</ix:nonNumeric></span></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>CURRENT REPORT</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Pursuant to Section&#160;13 or 15(d) of the <br/>
&#160;Securities Exchange Act of 1934</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Date of Report (Date of earliest event reported):
<span id="xdx_909_edei--DocumentPeriodEndDate_c20250915__20250915_zrp3AfcFHRz8"><ix:nonNumeric contextRef="AsOf2025-09-15" format="ixt:datemonthdayyearen" id="Fact000010" name="dei:DocumentPeriodEndDate">September 15, 2025</ix:nonNumeric></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></p>

<!-- Field: Rule-Page --><div style="margin: 0pt auto; width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt">&#160;</div></div><!-- Field: /Rule-Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b><span id="xdx_904_edei--EntityRegistrantName_c20250915__20250915_zul5kcTZ6RLk"><ix:nonNumeric contextRef="AsOf2025-09-15" id="Fact000011" name="dei:EntityRegistrantName">RLJ LODGING TRUST</ix:nonNumeric></span></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Exact name of Registrant as Specified in Its
Charter)</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></p>

<!-- Field: Rule-Page --><div style="margin: 0pt auto; width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt">&#160;</div></div><!-- Field: /Rule-Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 32%; font-size: 10pt; font-weight: bold; text-align: center"><span id="xdx_90A_edei--EntityIncorporationStateCountryCode_c20250915__20250915_zOanmXS4i7Ui"><ix:nonNumeric contextRef="AsOf2025-09-15" format="ixt-sec:stateprovnameen" id="Fact000012" name="dei:EntityIncorporationStateCountryCode">Maryland</ix:nonNumeric></span></td><td style="width: 2%; font-size: 10pt; font-weight: bold">&#160;</td>
    <td style="width: 32%; font-size: 10pt; font-weight: bold; text-align: center"><span id="xdx_90C_edei--EntityFileNumber_c20250915__20250915_zLQJnojioBp4"><ix:nonNumeric contextRef="AsOf2025-09-15" id="Fact000013" name="dei:EntityFileNumber">001-35169</ix:nonNumeric></span></td><td style="width: 2%; font-size: 10pt; font-weight: bold">&#160;</td>
    <td style="width: 32%; font-size: 10pt; font-weight: bold; text-align: center"><span id="xdx_901_edei--EntityTaxIdentificationNumber_c20250915__20250915_zSJW3k92NKEd"><ix:nonNumeric contextRef="AsOf2025-09-15" id="Fact000014" name="dei:EntityTaxIdentificationNumber">27-4706509</ix:nonNumeric></span></td></tr>
<tr style="vertical-align: bottom">
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: center"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-style: normal; font-weight: normal">(State
                                            or Other Jurisdiction<br/>
</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-style: normal; font-weight: normal">of
                                            Incorporation)</span></p></td><td style="font: 10pt Times New Roman, Times, Serif">&#160;</td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: center"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-style: normal; font-weight: normal">(Commission<br/>
</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-style: normal; font-weight: normal">File
                                            Number)</span></p></td><td style="font: 10pt Times New Roman, Times, Serif">&#160;</td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: center"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-style: normal; font-weight: normal">(IRS
                                            Employer<br/>
</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-style: normal; font-weight: normal">Identification
                                            No.)</span></p></td></tr>
</table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: top">
    <td style="text-align: center; width: 32%; padding-right: 5.4pt; padding-left: 5.4pt; vertical-align: bottom">
    <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><span id="xdx_903_edei--EntityAddressAddressLine1_c20250915__20250915_zGeAYPDH6mej"><b><ix:nonNumeric contextRef="AsOf2025-09-15" id="Fact000015" name="dei:EntityAddressAddressLine1">7373 Wisconsin Avenue</ix:nonNumeric></b></span>,<b></b> <span id="xdx_90B_edei--EntityAddressAddressLine2_c20250915__20250915_zhRA245fcqOl"><b><ix:nonNumeric contextRef="AsOf2025-09-15" id="Fact000016" name="dei:EntityAddressAddressLine2">Suite
    1500</ix:nonNumeric></b></span><b><br/>
    </b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><span id="xdx_908_edei--EntityAddressCityOrTown_c20250915__20250915_zMxPHJZ7ltH2"><b><ix:nonNumeric contextRef="AsOf2025-09-15" id="Fact000017" name="dei:EntityAddressCityOrTown">Bethesda</ix:nonNumeric></b></span><b>,
<span id="xdx_907_edei--EntityAddressStateOrProvince_c20250915__20250915_zd5CVaOzUTL"><ix:nonNumeric contextRef="AsOf2025-09-15" format="ixt-sec:stateprovnameen" id="Fact000018" name="dei:EntityAddressStateOrProvince">Maryland</ix:nonNumeric></span></b></p></td>
    <td style="width: 2%">&#160;</td>
    <td style="width: 32%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-size: 10pt">&#160;</td>
    <td style="width: 2%">&#160;</td>
    <td style="vertical-align: bottom; width: 32%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-size: 10pt"><span style="font: 10pt Times New Roman, Times, Serif"><b><span id="xdx_902_edei--EntityAddressPostalZipCode_c20250915__20250915_zgOyrgoiHl56"><ix:nonNumeric contextRef="AsOf2025-09-15" id="Fact000019" name="dei:EntityAddressPostalZipCode">20814</ix:nonNumeric></span></b></span></td></tr>
  <tr style="vertical-align: top">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-size: 10pt"><span style="font: 10pt Times New Roman, Times, Serif">(Address
    of Principal Executive Offices) &#160;&#160;</span></td>
    <td>&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-size: 10pt">&#160;</td>
    <td>&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-size: 10pt"><span style="font-style: normal; font-weight: normal">(Zip
    Code)</span></td></tr>
  </table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><b>(<span id="xdx_900_edei--CityAreaCode_c20250915__20250915_zV3yfrEO90zg"><ix:nonNumeric contextRef="AsOf2025-09-15" id="Fact000020" name="dei:CityAreaCode">301</ix:nonNumeric></span>) <span id="xdx_908_edei--LocalPhoneNumber_c20250915__20250915_zPTd9zTbfKf1"><ix:nonNumeric contextRef="AsOf2025-09-15" id="Fact000021" name="dei:LocalPhoneNumber">280-7777</ix:nonNumeric></span></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-style: normal; font-weight: normal">(Registrant&#8217;s
Telephone Number,&#160;Including Area Code)</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><b>Not Applicable</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-style: normal; font-weight: normal">(Former
Name or Former Address, if Changed Since Last Report)</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<!-- Field: Rule-Page --><div style="margin: 0 auto; width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt">&#160;</div></div><!-- Field: /Rule-Page -->

<p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">Check the appropriate box below if the Form&#160;8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2.
below):</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr>
    <td style="vertical-align: top; width: 4%"><span style="font-family: Wingdings"><span style="font-family: Wingdings"><span id="xdx_902_edei--WrittenCommunications_c20250915__20250915_zcCW5F1csIWg"><ix:nonNumeric contextRef="AsOf2025-09-15" format="ixt:booleanfalse" id="Fact000022" name="dei:WrittenCommunications">&#168;</ix:nonNumeric></span></span></span></td>
    <td style="vertical-align: top; width: 96%">Written communications pursuant to Rule&#160;425 under the Securities Act (17 CFR 230.425)</td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr>
    <td style="vertical-align: top; width: 4%"><span style="font-family: Wingdings"><span style="font-family: Wingdings"><span id="xdx_90B_edei--SolicitingMaterial_c20250915__20250915_zm9Clt45cKp5"><ix:nonNumeric contextRef="AsOf2025-09-15" format="ixt:booleanfalse" id="Fact000023" name="dei:SolicitingMaterial">&#168;</ix:nonNumeric></span></span></span></td>
    <td style="vertical-align: top; width: 96%">Soliciting material pursuant to Rule&#160;14a-12 under the Exchange Act (17 CFR 240.14a-12)</td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr>
    <td style="vertical-align: top; width: 4%"><span style="font-family: Wingdings"><span style="font-family: Wingdings"><span id="xdx_904_edei--PreCommencementTenderOffer_c20250915__20250915_zoR6kZgo5yLl"><ix:nonNumeric contextRef="AsOf2025-09-15" format="ixt:booleanfalse" id="Fact000024" name="dei:PreCommencementTenderOffer">&#168;</ix:nonNumeric></span></span></span></td>
    <td style="vertical-align: top; width: 96%">Pre-commencement communications pursuant to Rule&#160;14d-2(b)&#160;under the Exchange Act (17 CFR 240.14d-2(b))</td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><tr style="vertical-align: top; text-align: justify">
<td style="width: 4%; text-align: left"><span style="font-family: Wingdings"><span style="font-family: Wingdings"><span id="xdx_90A_edei--PreCommencementIssuerTenderOffer_c20250915__20250915_zYvWITddCxPj"><ix:nonNumeric contextRef="AsOf2025-09-15" format="ixt:booleanfalse" id="Fact000025" name="dei:PreCommencementIssuerTenderOffer">&#168;</ix:nonNumeric></span></span></span></td><td style="text-align: justify; width: 96%">Pre-commencement communications pursuant to Rule&#160;13e-4(c)&#160;under
the Exchange Act (17 CFR 240.13e-4(c))</td>
</tr></table>



<p style="margin: 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">Securities registered pursuant to Section&#160;12(b)&#160;of the Act:</p>



<p style="margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
<tr style="vertical-align: bottom">
    <td style="border-top: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; width: 45%; font-size: 10pt; text-align: center">Title of each class</td>
    <td style="border-top: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; width: 25%; font-size: 10pt; text-align: center">Trading Symbol</td>
    <td style="border: Black 1pt solid; width: 30%; font-size: 10pt; text-align: center">Name
    of each exchange on which<br/>
 registered</td></tr>
<tr style="vertical-align: bottom">
    <td style="border-bottom: Black 1pt solid; border-left: Black 1pt solid; white-space: nowrap; font-size: 10pt; text-align: center"><span id="xdx_909_edei--Security12bTitle_c20250915__20250915_z7hoZyFGDOc8"><ix:nonNumeric contextRef="AsOf2025-09-15" id="Fact000026" name="dei:Security12bTitle">Common
    Shares of beneficial interest, par value $0.01 per share</ix:nonNumeric></span></td>
    <td style="border-bottom: Black 1pt solid; border-left: Black 1pt solid; vertical-align: top; font-size: 10pt; text-align: center"><span id="xdx_906_edei--TradingSymbol_c20250915__20250915_zBI4wsESYD3c"><ix:nonNumeric contextRef="AsOf2025-09-15" id="Fact000027" name="dei:TradingSymbol">RLJ</ix:nonNumeric></span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; vertical-align: top; font-size: 10pt; text-align: center"><span id="xdx_906_edei--SecurityExchangeName_c20250915__20250915_zQKbJdYa8X4d"><ix:nonNumeric contextRef="AsOf2025-09-15" format="ixt-sec:exchnameen" id="Fact000028" name="dei:SecurityExchangeName">New York Stock Exchange</ix:nonNumeric></span></td></tr>
</table>


<p style="margin: 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; text-align: left; margin-top: 0pt; margin-bottom: 0pt">Indicate by check mark whether the
registrant is an emerging growth company as defined in Rule&#160;405 of the Securities Act of 1933 (&#167; 230.405 of this chapter) or
Rule&#160;12b-2 of the Securities Exchange Act of 1934 (&#167; 240.12b-2 of this chapter).</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; text-align: left; margin-top: 0pt; margin-bottom: 0pt">Emerging growth company
<span style="font-family: Wingdings"><span id="xdx_90C_edei--EntityEmergingGrowthCompany_c20250915__20250915_zlOIjbieSDck"><ix:nonNumeric contextRef="AsOf2025-09-15" format="ixt:booleanfalse" id="Fact000029" name="dei:EntityEmergingGrowthCompany">&#168;</ix:nonNumeric></span></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; text-align: left; margin-top: 0pt; margin-bottom: 0pt">If an emerging growth company, indicate
by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial
accounting standards provided pursuant to Section&#160;13(a)&#160;of the Exchange Act. <span style="font-family: Wingdings">&#168;</span></p>




<p style="margin: 0">&#160;</p>

<p style="margin: 0"></p>

<!-- Field: Rule-Page --><div style="margin-top: 0pt; margin-bottom: 0pt; width: 100%"><div style="border-top: Black 1pt solid; border-bottom: Black 2pt solid; font-size: 1pt">&#160;</div></div><!-- Field: /Rule-Page -->

<p style="margin: 0">&#160;</p>

<p style="margin: 0"></p>

<!-- Field: Page; Sequence: 1 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 12pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="margin: 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b>Item 5.02. Departure of Directors or Certain Officers&#894; Election
of Directors&#894; Appointment of Certain Officers&#894; Compensatory Arrangements of Certain Officers</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">On September&#160;15, 2025, the Board of Trustees
(the &#8220;Board&#8221;) of RLJ Lodging Trust (the &#8220;Company&#8221;) appointed Nikhil Bhalla as Senior Vice President, Chief Financial
Officer and Treasurer of the Company.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Mr.&#160;Bhalla, 51, joined the Company in July&#160;2015,
serving as Vice President, Finance and Financial Planning&#160;&amp; Analysis from July&#160;2015 to March&#160;2019, Vice President and
Treasurer, Corporate Strategy&#160;&amp; Investor Relations from March&#160;2019 to March&#160;2021 and Senior Vice President, Finance
and Treasurer from March&#160;2021 to September&#160;2025. Prior to joining the Company, Mr.&#160;Bhalla served as Vice President, Equity
Research at FBR Capital Markets&#160;&amp; Co. from September&#160;2008 to July&#160;2015, Director, Feasibility&#160;&amp; Strategic
Analysis at Host Hotels&#160;&amp; Resorts from June&#160;2006 to July&#160;2008 and Senior Associate at Susquehanna International Group,
LLP from January&#160;2005 to May&#160;2006. Mr.&#160;Bhalla received a bachelor&#8217;s degree in Hotel Administration from the Welcomgroup
Graduate School of Hotel Administration,&#160;India in 1995 and a master&#8217;s degree in hospitality administration and management from
Cornell University in 2003.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">In connection with his appointment, the Company
and RLJ Lodging Trust, L.P., the Company&#8217;s operating partnership, entered into an employment agreement with Mr.&#160;Bhalla (the
&#8220;Employment Agreement&#8221;), pursuant to which Mr.&#160;Bhalla will be employed as Senior Vice President, Chief Financial Officer
and Treasurer of the Company.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Employment Agreement is effective as of September&#160;15,
2025. Including the automatic renewal term set forth in the agreement, the term of the Employment Agreement runs until September&#160;15,
2029. Mr.&#160;Bhalla&#8217;s annual base salary will be $425,000, which base salary is subject to annual review and may be increased
but not decreased from time to time. Mr.&#160;Bhalla is eligible to receive (i)&#160;an annual cash bonus, with a target cash bonus opportunity
equal to 75% of his then-current base salary and (ii)&#160;ongoing equity incentive awards.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Employment Agreement also (i)&#160;sets forth
Mr.&#160;Bhalla&#8217;s right to severance payments and/or benefits upon his termination of employment and (ii)&#160;contains customary
non-competition and non-solicitation covenants that apply during the term and for 12 months following the expiration or termination of
Mr.&#160;Bhalla&#8217;s employment.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">A copy of the Employment Agreement is attached
to this report as Exhibit&#160;10.1 and incorporated herein by reference. The summary set forth above is qualified in its entirety by
reference to Exhibit&#160;10.1.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">As a result of Mr.&#160;Bhalla&#8217;s appointment
as Chief Financial Officer of the Company, Leslie D. Hale ceased serving as interim principal financial officer of the Company.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b>Item 8.01. Other Events</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">On September&#160;18, 2025, the Company issued
a press release announcing the appointment of Mr.&#160;Bhalla as Chief Financial Officer. A copy of the press release is attached hereto
as Exhibit&#160;99.1 and is incorporated by reference herein.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b>Item 9.01. Financial Statements and Exhibits</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(d)&#160;The following exhibit is filed as part of this report:</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr>
    <td style="border-bottom: Black 1pt solid; vertical-align: top; width: 10%"><b>Exhibit<br/>
 Number</b></td>
    <td style="padding-bottom: 1pt; vertical-align: top; width: 2%; text-align: center">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: center; vertical-align: bottom; width: 88%"><b>Description</b></td></tr>
  <tr style="vertical-align: top">
    <td><a href="tm2526402d1_ex10-1.htm"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.1</span></a></td>
    <td>&#160;</td>
    <td><a href="tm2526402d1_ex10-1.htm"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; background-color: white">Employment Agreement, dated as of September&#160;15, 2025, by and among RLJ Lodging Trust, RLJ Lodging Trust, L.P. and Nikhil Bhalla</span></a></td></tr>
  <tr style="vertical-align: top">
    <td><a href="tm2526402d1_ex99-1.htm"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">99.1</span></a></td>
    <td>&#160;</td>
    <td><a href="tm2526402d1_ex99-1.htm"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; background-color: white">Press release dated September&#160;18, 2025</span></a></td></tr>
  <tr style="vertical-align: top">
    <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">104</span></td>
    <td>&#160;</td>
    <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; background-color: white">Cover Page&#160;Interactive Data File (embedded within the Inline XBRL documents)</span></td></tr>
  </table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></p>

<!-- Field: Page; Sequence: 2 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 12pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"></p></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>SIGNATURES</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="vertical-align: top">
    <td style="padding: 0.5pt">&#160;</td>
    <td colspan="2" style="padding: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>RLJ LODGING TRUST</b></span></td></tr>
  <tr style="vertical-align: top">
    <td style="padding: 0.5pt">&#160;</td>
    <td colspan="2" style="padding: 0.5pt">&#160;</td></tr>
  <tr style="vertical-align: top">
    <td style="padding: 0.5pt; width: 50%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Date: September&#160;18, 2025</span></td>
    <td style="padding: 0.5pt; width: 3%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">By: </span></td>
    <td style="border-bottom: black 1pt solid; padding: 0.5pt 0.5pt 1pt; width: 47%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Leslie D. Hale</span></td></tr>
  <tr style="vertical-align: top">
    <td style="padding: 0.5pt">&#160;</td>
    <td style="padding: 0.5pt">&#160;</td>
    <td style="padding: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Leslie D. Hale</span></td></tr>
  <tr style="vertical-align: top">
    <td style="padding: 0.5pt">&#160;</td>
    <td style="padding: 0.5pt">&#160;</td>
    <td style="padding: 0.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">President and Chief Executive Officer</span></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<!-- Field: Page; Sequence: 3; Options: Last -->
    <div style="border-bottom: Black 1pt solid; margin-top: 12pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p><p style="margin: 0pt"></p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<!-- Field: Set; Name: xdx; ID: xdx_08B_extensions -->
<!-- eJxFjdEKgkAQRb/Afxj2OUoXpPIxKYksQiJ63XKMJd2R2a3sk/rLNiUaBobh3nOvECOR0UrXyHBaFDkcsGlr5RAKrJDRXNA70vUmAX8LvGrrWBnXvz8wJc+gZ+KxjM9e6K0PbbFMIJSTaDaRMYTTJJrDfiuCr56SqXSJxmlVgzIl7Jla1ugUv4aEg+rIUPPqq47IVpNJIBqHg/wGGUYSdvRQT+KbhTxPRTDqJxAZ0731rmXn0HxJWNbY+Do70P8NPg5DSpk= -->
</body>
</html>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>tm2526402d1_ex10-1.htm
<DESCRIPTION>EXHIBIT 10.1
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="font-size: 10pt; margin: 0">&nbsp;</P>

<P STYLE="text-align: right; margin: 0; font-size: 10pt"><B>Exhibit 10.1</B></P>

<P STYLE="margin: 0; font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>NIKHIL BHALLA<BR>
EMPLOYMENT AGREEMENT</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">THIS
EMPLOYMENT AGREEMENT (the &ldquo;Agreement&rdquo;) is made this 15th day of September, 2025, by RLJ Lodging Trust, a Maryland real estate
investment trust (the &ldquo;Company&rdquo;) and RLJ Lodging Trust, L.P., a Delaware limited partnership (the &ldquo;Operating Partnership&rdquo;),
each with its principal place of business at 7373 Wisconsin Avenue, Suite&nbsp;1500, Bethesda, MD 20814, and Nikhil Bhalla, residing
at the address on file with the Company (the &ldquo;Executive&rdquo;).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">WHEREAS, the Company
is the sole general partner of the Operating Partnership;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">WHEREAS,
the Executive and the Company desire to enter into the Agreement to reflect the Executive&rsquo;s executive capacities in the Company&rsquo;s
business and provide for the Company&rsquo;s and Operating Partnership&rsquo;s employment of the Executive</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">WHEREAS,
this Agreement will be effective upon the date set forth above;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">WHEREAS,
the allocation of the rights and obligations between the Company and the Operating Partnership shall be determined by separate agreement
of those parties; and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">WHEREAS,
for purposes of this Agreement, the term &ldquo;Company&rdquo; shall be understood to include the Operating Partnership, unless the context
otherwise requires.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">NOW
THEREFORE, in consideration of the mutual covenants and promises contained herein, and other good and valuable consideration, the receipt
and sufficiency of which are hereby acknowledged by the parties hereto, the parties agree as follows:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt"><B>1.</B></FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt"><B>Term
                                            of Employment</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;The
Company hereby continues its employment of the Executive, and the Executive hereby accepts such ongoing employment with the Company,
upon the terms and conditions set forth in this Agreement for the period next described (the &ldquo;Employment Period&rdquo;). Unless
terminated earlier pursuant to Section&nbsp;5, the Executive&rsquo;s employment pursuant to this Agreement shall be for a term commencing
on the date of this Agreement (the &ldquo;Commencement Date&rdquo;) and ending on the third anniversary of the Commencement Date (the
 &ldquo;Initial Term&rdquo;). If not previously terminated in accordance with this Agreement, the Employment Period shall be extended
for an additional twelve (12) month period immediately following the Initial Term (such extension, the &ldquo;Renewal Term&rdquo;), unless
the Company or the Executive provides written notice to the contrary at least sixty (60) days before the last day of the Initial Term.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;If
the parties have failed to extend this Agreement or enter into a new agreement on or before the end of the Initial Term or the Renewal
Term, as applicable, the Executive&rsquo;s employment shall terminate at the end of the applicable term and, notwithstanding anything
to the contrary in Section&nbsp;6(c), the Company&rsquo;s only obligation to Executive upon such termination will be to accelerate, as
of the last day of the applicable term, the vesting of the unvested portion of any then-outstanding equity awards subject to time-based
vesting (excluding any award that references and proclaims to supersede this Agreement and as to which the provisions of such award shall
control, each a &ldquo;Special Award&rdquo;) and to pay the amounts set forth in Section&nbsp;6(a); provided, however, that the Company
shall not provide the acceleration described in this sentence if: (i)&nbsp;the Agreement was not extended because the Executive provided
the written notice to the contrary as described in Section&nbsp;1(a); or (ii)&nbsp;the parties did not enter into a new agreement because
either the Executive declined to enter into the then-standard form executive employment agreement offered to the Executive by the Company
or the Executive notified the Company that the Executive did not wish to continue employment with the Company after the applicable term.
Notwithstanding the foregoing or anything else contained in this Agreement to the contrary, if the Executive is employed on the last
day of the Initial Term or the Renewal Term, as applicable, the Board shall determine the amount of any annual bonus to award the Executive
for the fiscal year in which the end of such term occurs, based on the criteria set forth in Section&nbsp;4(b)&nbsp;and pro-rated for
the portion of the fiscal year the Executive remains employed. The Company shall pay any such bonus on the date on which the Company&rsquo;s
other employees receive bonuses, regardless of whether the Executive is employed by the Company on that date.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P><P STYLE="margin: 0pt"></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt"><B>2.</B></FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt"><B>Title;
                                            Duties</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">The
Executive currently serves as Treasurer and will serve as Chief Financial Officer and Senior Vice President as of the Commencement Date.
The Executive shall report to the President and Chief Executive Officer, who shall have the authority to direct, control and supervise
the activities of the Executive. The Executive shall perform such services consistent with his position as may be assigned to him from
time to time by the President and Chief Executive Officer and/or the Board of Trustees and as are consistent with the bylaws of the Company
and the Amended and Restated Agreement of Limited Partnership of the Operating Partnership as it may be further amended from time to
time, including, but not limited to, managing the affairs of the Company and the Operating Partnership.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt"><B>3.</B></FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt"><B>Extent
                                            of Services</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">The
Executive agrees not to engage in any business activities during the Employment Period except those which are for the sole benefit of
the Company and its subsidiaries, and to devote his entire business time, attention, skill, and effort to the performance of his duties
under this Agreement. Notwithstanding the foregoing, the Executive may, without impairing or otherwise adversely affecting the Executive&rsquo;s
performance of his duties to the Company, (i)&nbsp;engage in personal investments and charitable, professional and civic activities,
and (ii)&nbsp;with the prior approval of the Board of Trustees, serve on the boards of directors of corporations other than the Company,
provided, however, that no such approval shall be necessary for the Executive&rsquo;s continued service on any board of directors or
board of trustees on which he was serving on the date of this Agreement, all of which have been previously disclosed to the Board of
Trustees in writing. The Executive shall perform his duties to the best of his ability, shall adhere to the Company&rsquo;s published
policies and procedures, and shall use his best efforts to promote the Company&rsquo;s interests, reputation, business and welfare.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<!-- Field: Page; Sequence: 2; Options: NewSection; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 10pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt"><B>4.</B></FONT></TD><TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt"><B>Compensation
                                            and Benefits</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">During
the Employment Period:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 0.5in"></TD><TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt">(a)</FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt"><U>Salary</U>.
                                            The Company will continue to pay the Executive a gross base annual salary rate (&ldquo;Base
                                            Salary&rdquo;) of Four Hundred Twenty Five Thousand Dollars ($425,000). The Base Salary shall
                                            be payable in arrears in approximately equal semi-monthly installments (except that the first
                                            and last such semi-monthly installments may be prorated if necessary) on the Company&rsquo;s
                                            regularly scheduled payroll dates, minus such deductions as may be required by law or reasonably
                                            requested by the Executive. The Company&rsquo;s Compensation Committee (the &ldquo;Compensation
                                            Committee&rdquo;) shall review his Base Salary annually in conjunction with its regular review
                                            of employee salaries and may increase (but not decrease) the Executive&rsquo;s Base Salary
                                            as in effect from time to time as the Compensation Committee shall deem appropriate.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 0.5in"></TD><TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt">(b)</FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt"><U>Annual
                                            Bonus</U>. The Executive shall be entitled to earn bonuses with respect to each fiscal year
                                            (or partial fiscal year), based upon the Executive&rsquo;s and the Company&rsquo;s achievement
                                            of performance objectives set by the Company for each fiscal year of the Employment Period,
                                            with a target bonus of 75% of the Executive&rsquo;s Base Salary for such fiscal year (or
                                            partial fiscal year). Any such bonus earned by the Executive shall be paid annually by March&nbsp;15
                                            of the year following the end of the year for which the bonus was earned.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 0.5in"></TD><TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt">(c)</FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt"><U>Option,
                                            Restricted Share, Restricted Share Unit and LTIP Unit Grants</U>. The Executive will be eligible
                                            for grants of options to purchase the Company&rsquo;s common shares of beneficial interest
                                            (&ldquo;common shares&rdquo;), grants of Company restricted common shares, restricted common
                                            share units and long-term incentive units in the Operating Partnership subject to certain
                                            time vesting requirements and other conditions set forth in the applicable award agreement.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 0.5in"></TD><TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt">(d)</FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt"><U>Other
                                            Benefits</U>. The Executive shall be entitled to paid time off and holiday pay in accordance
                                            with the Company&rsquo;s policies in effect from time to time and shall be eligible to participate
                                            in such life, health, and disability insurance, pension, deferred compensation and incentive
                                            plans, options and awards, performance bonuses and other benefits as the Company extends,
                                            as a matter of policy, to its executive employees.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 0.5in"></TD><TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt">(e)</FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt"><U>Reimbursement
                                            of Business Expenses</U>. The Company shall reimburse the Executive for all reasonable travel,
                                            entertainment and other expenses incurred or paid by the Executive in connection with, or
                                            related to, the performance of his duties, responsibilities or services under this Agreement,
                                            upon presentation by the Executive of documentation, expense statements, vouchers, and/or
                                            such other supporting information as the Company may reasonably request.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 0.5in"></TD><TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt">(f)</FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt"><U>Timing
                                            of Reimbursements</U>. Any reimbursement under this Agreement that is taxable to the Executive
                                            shall be made in no event later than sixty (60) days following the calendar year in which
                                            the Executive incurred the expense.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<!-- Field: Page; Sequence: 3; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 10pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt"><B>5.</B></FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt"><B>Termination</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 0.5in"></TD><TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt">(a)</FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt"><U>Termination
                                            by the Company for Cause</U>. The Company may terminate the Executive&rsquo;s employment
                                            under this Agreement at any time for Cause, upon written notice by the Company to the Executive.
                                            For purposes of this Agreement, &ldquo;Cause&rdquo; for termination shall mean any of the
                                            following: (i)&nbsp;gross negligence or willful misconduct in connection with the performance
                                            of duties; (ii)&nbsp;conviction of a felony; (iii)&nbsp;conviction of any other criminal
                                            offense involving an act of dishonesty intended to result in substantial personal enrichment
                                            of the Executive at the expense of the Company or its subsidiaries; or (iv)&nbsp;material
                                            breach of any term of any employment, consulting or other services, confidentiality, intellectual
                                            property or non-competition agreements, if any, between the Executive and the Company, which,
                                            if such breach is curable, such breach is not cured within fifteen (15) calendar days following
                                            the Executive&rsquo;s receipt of written notice of such breach, with such detail as sufficient
                                            to apprise the Executive of the nature and extent of such breach.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 0.5in"></TD><TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt">(b)</FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt"><U>Termination
                                            by the Company Without Cause or by the Executive Without Good Reason</U>. The Company may
                                            terminate this Agreement at any time without Cause or the Executive may resign without Good
                                            Reason (as defined below), upon giving the other party thirty (30) days&rsquo; written notice.
                                            At the Company&rsquo;s sole discretion, it may substitute thirty (30) days&rsquo; Base Salary
                                            (or any lesser portion for any shortened period provided) in lieu of notice. Any Base Salary
                                            paid to the Executive in lieu of notice shall not be offset against any entitlement the Executive
                                            may have to the Severance Payment pursuant to Section&nbsp;6(c). For purposes of this Agreement,
                                            the non-renewal of the Employment Period at the end of the Initial Term or the Renewal Term
                                            does not constitute termination without Cause or resignation for Good Reason.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 0.5in"></TD><TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt">(c)</FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt"><U>Termination
                                            by the Executive for Good Reason</U>. The Executive may terminate his employment under this
                                            Agreement at any time for Good Reason, upon written notice by the Executive to the Company.
                                            For purposes of this Agreement, &ldquo;Good Reason&rdquo; for termination shall mean, without
                                            the Executive&rsquo;s consent: (i)&nbsp;the assignment to the Executive of substantial duties
                                            or responsibilities inconsistent with the Executive&rsquo;s position at the Company, or any
                                            other action by the Company which results in a substantial diminution of the Executive&rsquo;s
                                            duties or responsibilities other than any such reduction which is remedied by the Company
                                            within thirty (30) days of receipt of written notice thereof from the Executive; (ii)&nbsp;a
                                            requirement that the Executive work principally from a location that is thirty (30) miles
                                            further from the Executive&rsquo;s residence than the Company&rsquo;s address first written
                                            above; (iii)&nbsp;a material reduction in the Executive&rsquo;s aggregate Base Salary and
                                            other compensation (including the target bonus amount and retirement plans, welfare plans
                                            and fringe benefits) taken as a whole, excluding any reductions caused by the failure to
                                            achieve performance targets and excluding any reductions on account of the provisions of
                                            this Agreement; or (iv)&nbsp;any material breach by the Company of this Agreement. Good Reason
                                            shall not exist pursuant to any subsection of this Section&nbsp;5(c)&nbsp;unless (A)&nbsp;the
                                            Executive shall have delivered notice to the Board of Trustees within ninety (90) days of
                                            the initial occurrence of such event constituting Good Reason, and (B)&nbsp;the Board fails
                                            to remedy the circumstances giving rise to the Executive&rsquo;s notice within thirty (30)
                                            days of receipt of notice. The Executive must terminate his employment under this Section&nbsp;5(c)&nbsp;at
                                            a time agreed reasonably with the Company, but in any event within one hundred fifty (150)
                                            days from the initial occurrence of an event constituting Good Reason. For purposes of Good
                                            Reason, the Company shall be defined to include any successor to the Company which has assumed
                                            the obligations of the Company through merger, acquisition, stock purchase, asset purchase
                                            or otherwise. For purposes of this Agreement, the non-renewal of the Employment Period at
                                            the end of the Initial Term or the Renewal Term does not constitute termination without Cause
                                            or resignation for Good Reason.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 4; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 10pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 0.5in"></TD><TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt">(d)</FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt"><U>Executive&rsquo;s
                                            Death or Disability</U>. The Executive&rsquo;s employment shall terminate immediately upon
                                            his death or, upon written notice as set forth below, his Disability. As used in this Agreement,
                                            &ldquo;Disability&rdquo; shall mean such physical or mental impairment as would render the
                                            Executive unable to perform each of the essential duties of the Executive&rsquo;s position
                                            by reason of a medically determinable physical or mental impairment which is potentially
                                            permanent in character or which can be expected to last for a continuous period of not less
                                            than twelve (12) months. If the Employment Period is terminated by reason of the Executive&rsquo;s
                                            Disability, either party shall give thirty (30) days&rsquo; advance written notice to that
                                            effect to the other.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 0.5in"></TD><TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt">(e)</FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt"><U>Executive&rsquo;s
                                            Retirement</U>. The Executive&rsquo;s employment shall terminate upon his Retirement. As
                                            used in this Agreement, &ldquo;Retirement&rdquo; shall mean the point in which the Executive
                                            has reached the age of sixty-five (65) and has decided to exit the workforce completely.
                                            If the Employment Period is terminated by reason of the Executive&rsquo;s Retirement, the
                                            Executive shall give one hundred eighty (180) days&rsquo; advance notice to the effect to
                                            the Company.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt"><B>6.</B></FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt"><B>Effect
                                            of Termination</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 0.5in"></TD><TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt">(a)</FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt"><U>General</U>.
                                            Regardless of the reason for any termination of employment and subject to this Section&nbsp;6,
                                            the Executive (or the Executive&rsquo;s estate if the Employment Period ends on account of
                                            the Executive&rsquo;s death) shall be entitled to (i)&nbsp;payment of any unpaid portion
                                            of his Base Salary through the effective date of termination; (ii)&nbsp;reimbursement for
                                            any outstanding reasonable business expense he has incurred in performing his duties hereunder
                                            in accordance with Company policy; (iii)&nbsp;continued insurance benefits to the extent
                                            required by law; and (iv)&nbsp;payment of any vested but unpaid rights as may be required
                                            independent of this Agreement by the terms of any bonus or other incentive pay or equity
                                            plan, or any other employee benefit plan or program of the Company. Upon termination of employment
                                            for any reason, the Executive shall resign from all boards and committees of the Company,
                                            its affiliates and its subsidiaries.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 0.5in"></TD><TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt">(b)</FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt"><U>Termination
                                            by the Company for Cause or by the Executive Without Good Reason</U>. If the Company terminates
                                            the Executive&rsquo;s employment for Cause or the Executive terminates his employment without
                                            Good Reason, the Executive shall have no rights or claims against the Company except to receive
                                            the payments and benefits described in Section&nbsp;6(a).</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<!-- Field: Page; Sequence: 5; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 10pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 0.5in"></TD><TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt">(c)</FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt"><U>Termination
                                            by the Company Without Cause or by the Executive with Good Reason</U>. Except as provided
                                            in Section&nbsp;1(b), if during the Employment Period the Company terminates the Executive&rsquo;s
                                            employment without Cause pursuant to Section&nbsp;5(b), or the Executive terminates employment
                                            with Good Reason pursuant to Section&nbsp;5(c), the Executive shall be entitled to receive,
                                            in addition to the items referenced in Section&nbsp;6(a), the following:</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 1in"></TD><TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt">(i)</FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt">a
                                            pro rata bonus for the year of termination but, in connection with a termination other than
                                            a termination at or after a &ldquo;Change of Control&rdquo; (as defined in the RLJ Lodging
                                            Trust 2021 Equity Incentive Plan), only to the extent performance goals for the calendar
                                            year of termination are achieved, payable at the same time bonuses are paid for such year
                                            but in no event later than March&nbsp;15 of the fiscal year following his termination;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 1in"></TD><TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt">(ii)</FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt">continued
                                            payment of his Base Salary, at the rate in effect on his last day of employment (but in no
                                            event in an annual amount less than as set forth in Section&nbsp;4(a)), for a period of twelve
                                            (12) months. Such amount shall be paid in approximately equal installments on the Company&rsquo;s
                                            regularly scheduled payroll dates, subject to all legally required payroll deductions and
                                            withholdings for sums owed by the Executive to the Company;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 1in"></TD><TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt">(iii)</FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt">continued
                                            payment by the Company for the Executive&rsquo;s life and health insurance coverage for twelve
                                            (12) months to the same extent that the Company paid for such coverage immediately prior
                                            to the termination of the Executive&rsquo;s employment and subject to the eligibility requirements
                                            and other terms and conditions of such insurance coverage. Notwithstanding the foregoing,
                                            (A)&nbsp;if any plan pursuant to which the Company is providing such coverage is not, or
                                            ceases prior to the expiration of the period of continuation coverage to be, exempt from
                                            the application of Section&nbsp;409A of the Internal Revenue Code of 1986, as amended (the
                                            &ldquo;Code&rdquo;) (&ldquo;Section&nbsp;409A&rdquo;) under Treasury Regulation Section&nbsp;1.409A-1(a)(5),
                                            or (B)&nbsp;the Company is otherwise unable to continue to cover the Executive under its
                                            group health plans, then, in either case, an amount equal to the monthly plan premium payment
                                            shall thereafter be paid to the Executive as currently taxable compensation in substantially
                                            equal monthly installments over the twelve (12) month period (or the remaining portion thereof);</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 1in"></TD><TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt">(iv)</FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt">payment
                                            equal to one (1)&nbsp;times the Executive&rsquo;s target annual bonus for the year of termination.
                                            The payment provided for in this paragraph (iv)&nbsp;shall be made in a lump sum on the first
                                            anniversary of the date of the Executive&rsquo;s termination of employment; and</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 0"></P>

<!-- Field: Page; Sequence: 6; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 10pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 1in"></TD><TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt">(v)</FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt">vesting
                                            as of the last day of his employment in any unvested portion of any equity awards previously
                                            granted to the Executive by the Company (excluding a Special Award); provided, however, that
                                            the Company may, in connection with a termination other than a termination at or after a
                                            &ldquo;Change of Control&rdquo; (as defined in the RLJ Lodging Trust 2021 Equity Incentive
                                            Plan) with respect to awards the vesting of which is conditioned on the achievement of performance
                                            goals, condition accelerated vesting on the ultimate achievement of the performance goals,
                                            in which case such awards shall remain outstanding until certification of achievement of
                                            the performance goals, and such awards shall vest or be forfeited as of such certification
                                            date based on the level of achievement of the performance goals.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">None
of the benefits described in this Section&nbsp;6(c)&nbsp;(the &ldquo;Severance Payment&rdquo;) will be payable unless the Executive has
signed a general release (attached hereto as <U>Exhibit&nbsp;A)</U> within forty-five (45) days of date of termination, which has (and
not until it has) become irrevocable, satisfactory to the Company in the reasonable exercise of its discretion, releasing the Company,
its affiliates, and its trustees, directors, officers and employees, from any and all claims or potential claims arising from or related
to the Executive&rsquo;s employment or termination of employment. Any payment conditioned on execution of the general release that was
not made because the general release was not signed and had not become irrevocable shall be made within ten (10)&nbsp;days after the
general release becomes irrevocable, provided that as to payments and benefits which are subject to Section&nbsp;409A if the end of the
forty-five (45) day plus seven (7)&nbsp;day revocation period occurs in a year subsequent to the year in which the termination of employment
occurs, the payments will be made in the subsequent year. Any payments delayed pursuant to this Section&nbsp;6(c)&nbsp;shall be paid
to the Executive in a lump sum, and all remaining payments due under this Agreement shall be paid or provided in accordance with the
normal payment dates specified for them herein.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 0.5in"></TD><TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt">(d)</FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt"><U>Termination
                                            In the Event of Death, Disability or Retirement</U>.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify"><FONT STYLE="font-size: 10pt">In the
event of a termination of employment due to death, Disability or Retirement, the Executive shall be entitled to receive the items referenced
in Section&nbsp;6(a), as well as any performance bonus for that fiscal year and accelerating vesting of equity awards, each as specifically
set forth below.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 1in"></TD><TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt">(i)</FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt">If the Executive&rsquo;s
                                            employment terminates because of his death, the unvested portion of any equity awards previously
                                            granted to the Executive by the Company (excluding a Special Award) shall become fully vested
                                            as of the date of his death, and the Executive&rsquo;s estate shall be entitled to receive
                                            a pro-rata share of any performance bonus to which he otherwise would have been entitled
                                            for the fiscal year in which his death occurs (regardless of whether performance goals for
                                            that fiscal year are achieved) payable at the same time bonuses are paid for such year but
                                            in no event later than March&nbsp;15 of the fiscal year following his death.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<!-- Field: Page; Sequence: 7; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 10pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->7<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 1in"></TD><TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt">(ii)</FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt">In
                                            the event the Executive&rsquo;s employment terminates due to his Disability, as of the effective
                                            date of the termination notice specified in Section&nbsp;5(d), the Executive shall vest in
                                            any unvested portion of any equity awards previously granted to the Executive by the Company
                                            (excluding a Special Award), and the Executive shall be entitled to receive a pro-rata share
                                            of any performance bonus to which he otherwise would have been entitled for the fiscal year
                                            in which his Disability occurs (regardless of whether performance goals for that fiscal year
                                            are achieved) payable at the same time bonuses are paid for such year but in no event later
                                            than March&nbsp;15 of the fiscal year following his Disability.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 1in"></TD><TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt">(iii)</FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt">In the event
                                            the Executive&rsquo;s employment terminates due to his Retirement, the unvested portion of
                                            any equity awards previously granted to the Executive by the Company (excluding a Special
                                            Award) shall be fully vested as of the date of his termination; provided, however, that the
                                            Company may, with respect to awards the vesting of which is conditioned on the achievement
                                            of performance goals, condition accelerated vesting on the ultimate achievement of the performance
                                            goals, in which case such awards shall remain outstanding until certification of achievement
                                            of the performance goals, and such awards shall vest or be forfeited as of such certification
                                            date based on the level of achievement of the performance goals. The Executive also shall
                                            be entitled to payment of a pro rata portion of any performance bonus for the fiscal year
                                            of the Executive&rsquo;s Retirement only to the extent performance goals for that fiscal
                                            year are achieved. The pro rata performance bonus, if any, shall be paid to the Executive
                                            at the same time bonuses are paid for such year but in no event later than March&nbsp;15
                                            of the fiscal year following his Retirement.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt"><B>7.</B></FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt"><B>Confidentiality</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 0.5in"></TD><TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt">(a)</FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt"><U>Definition
                                            of Proprietary Information</U>. The Executive acknowledges that he may be furnished or may
                                            otherwise receive or have access to confidential information which relates to the Company&rsquo;s
                                            past, present or future business activities, strategies, services or products, research and
                                            development; financial analysis and data; improvements, inventions, processes, techniques,
                                            designs or other technical data; profit margins and other financial information; fee arrangements;
                                            compilations for marketing or development; confidential personnel and payroll information;
                                            or other information regarding administrative, management, or financial activities of the
                                            Company, or of a third party which provided proprietary information to the Company on a confidential
                                            basis. All such information, including in any electronic form, and including any materials
                                            or documents containing such information, shall be considered by the Company and the Executive
                                            as proprietary and confidential (the &ldquo;Proprietary Information&rdquo;).</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 0.5in"></TD><TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt">(b)</FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt"><U>Exclusions</U>.
                                            Notwithstanding the foregoing, Proprietary Information shall not include information in the
                                            public domain not as a result of a breach of any duty by the Executive or any other person.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<!-- Field: Page; Sequence: 8; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 10pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->8<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 0.5in"></TD><TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt">(c)</FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt"><U>Obligations</U>.
                                            The Executive shall maintain the confidentiality of the Proprietary Information and shall
                                            not (i)&nbsp;disclose or disseminate the Proprietary Information to any third party, including
                                            employees of the Company (or its affiliates) without a legitimate business need to know during
                                            the Employment Period; (ii)&nbsp;remove the Proprietary Information from the Company&rsquo;s
                                            premises without a valid business purpose; or (iii)&nbsp;use the Proprietary Information
                                            for his own benefit or for the benefit of any third party. Nothing herein shall prevent the
                                            Executive from (A)&nbsp;complying with a valid subpoena or other legal requirement for disclosure
                                            of the Proprietary Information, provided that the Executive shall use good faith efforts
                                            to notify the Company promptly and in advance of disclosure if he believes that he is under
                                            a legal requirement to disclose the Proprietary Information otherwise protected from disclosure
                                            under this subsection and if the Executive remains legally compelled to make such disclosure,
                                            the Executive may only disclose that portion of the information that the Executive is required
                                            to disclose and shall use best efforts to ensure that such information is afforded confidential
                                            treatment; (B)&nbsp;disclosing the terms and conditions of this Agreement to the Executive&rsquo;s
                                            spouse or tax, accounting, financial or legal advisors, so long as they agree verbally or
                                            in writing to be bound by the obligations of this subsection; or (C)&nbsp;reporting a possible
                                            violation of law to a governmental entity or law enforcement, including making a disclosure
                                            that is protected under the whistle blower protections of applicable law.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 0.5in"></TD><TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt">(d)</FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt"><U>Defend
                                            Trade Secrets Act</U>. The Executive hereby acknowledges and understands that an individual
                                            may not be held liable under any criminal or civil federal or state trade secret law for
                                            disclosure of a trade secret: (i)&nbsp;made in confidence to a government official, either
                                            directly or indirectly, or to an attorney, solely for the purpose of reporting or investigating
                                            a suspected violation of law or (ii)&nbsp;in a complaint or other document filed in a lawsuit
                                            or other proceeding, if such filing is made under seal. Additionally, the Executive further
                                            acknowledges and understands that an individual suing an employer for retaliation based on
                                            the reporting of a suspected violation of law may disclose a trade secret to his or her attorney
                                            and use the trade secret information in the court proceeding, so long as any document containing
                                            the trade secret is filed under seal and the individual does not disclose the trade secret
                                            except pursuant to court order.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 0.5in"></TD><TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt">(e)</FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt"><U>Return
                                            of Proprietary Information</U>. The Executive acknowledges and agrees that all the Proprietary
                                            Information used or generated during the course of working for the Company is the property
                                            of the Company. The Executive agrees to deliver to the Company all documents and other tangibles
                                            containing the Proprietary Information immediately upon termination of his employment.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<!-- Field: Page; Sequence: 9; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 10pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->9<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt"><B>8.</B></FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt"><B>Noncompetition</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 0.5in"></TD><TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt">(a)</FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt"><U>Restriction
                                            on Competition</U>. For the period of the Executive&rsquo;s employment with the Company and
                                            for twelve (12) months following the expiration or termination of the Executive&rsquo;s employment
                                            by the Company (the &ldquo;Restricted Period&rdquo;), the Executive agrees not to engage,
                                            directly or indirectly, as a manager, employee, consultant, partner, principal, agent, representative,
                                            or in any other individual or representative capacity in any material business that the Company
                                            conducts as of the date of the Executive&rsquo;s termination of employment, including but
                                            not limited to investments primarily in premium-branded, focused-service and compact full-service
                                            hotels, where material is defined as fifteen percent (15%) of the gross revenues of the Company
                                            based on the most recent quarterly earnings. Executive further agrees that for the period
                                            of the Executive&rsquo;s employment with the Company and for the Restricted Period, the Executive
                                            will not engage, directly or indirectly, as an owner, director, trustee, member, stockholder,
                                            or in any other corporate capacity in any material business that the Company conducts as
                                            of the date of the Executive&rsquo;s termination of employment. Notwithstanding the foregoing,
                                            the Executive shall not be deemed to have violated this Section&nbsp;8(a)&nbsp;solely (i)&nbsp;by
                                            reason of his passive ownership of 1% or less of the outstanding stock of any publicly traded
                                            corporation or other entity, (ii)&nbsp;by providing legal, accounting or audit services as
                                            an employee or partner of a professional services organization or (iii)&nbsp;by providing
                                            services to any investment banking or other institution that do not relate to any material
                                            business that the Company conducts as of the date of the Executive&rsquo;s termination of
                                            employment.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 0.5in"></TD><TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt">(b)</FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt"><U>Non-Solicitation
                                            of Clients</U>. During the Restricted Period, the Executive agrees not to solicit, directly
                                            or indirectly, on his own behalf or on behalf of any other person(s), any client of the Company
                                            to whom the Company had provided services at any time during the Executive&rsquo;s employment
                                            with the Company in any line of business that the Company conducts as of the date of the
                                            Executive&rsquo;s termination of employment or that the Company is actively soliciting, for
                                            the purpose of marketing or providing any service competitive with any service then offered
                                            by the Company.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 0.5in"></TD><TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt">(c)</FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt"><U>Non-Solicitation
                                            of Employees</U>. During the Restricted Period, the Executive agrees that he will not, directly
                                            or indirectly, hire or attempt to hire or cause any business, other than an affiliate of
                                            the Company, to hire any person who is then or was at any time during the preceding six (6)&nbsp;months
                                            an employee of the Company and who is at the time of such hire or attempted hire, or was
                                            at the date of such employee&rsquo;s separation from the Company a vice president, senior
                                            vice president or executive vice president or other senior executive employee of the Company.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 0.5in"></TD><TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt">(d)</FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt"><U>Acknowledgement</U>.
                                            The Executive acknowledges that he will acquire much Proprietary Information concerning the
                                            past, present and future business of the Company as the result of his employment, as well
                                            as access to the relationships between the Company and its clients and employees. The Executive
                                            further acknowledges that the business of the Company is very competitive and that competition
                                            by him in that business during his employment, or after his employment terminates, would
                                            severely injure the Company. The Executive understands and agrees that the restrictions contained
                                            in this Section&nbsp;8 are reasonable and are required for the Company&rsquo;s legitimate
                                            protection, and do not unduly limit his ability to earn a livelihood.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<!-- Field: Page; Sequence: 10; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 10pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->10<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 0.5in"></TD><TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt">(e)</FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt"><U>Rights
                                            and Remedies upon Breach</U>. The Executive acknowledges and agrees that any breach by him
                                            of any of the provisions of Sections 7 and 8 (the &ldquo;Restrictive Covenants&rdquo;) would
                                            result in irreparable injury and damage for which money damages would not provide an adequate
                                            remedy. Therefore, if the Executive breaches, or threatens to commit a breach of, any of
                                            the provisions of the Restrictive Covenants, the Company and its affiliates shall have the
                                            following rights and remedies, each of which rights and remedies shall be independent of
                                            the other and severally enforceable, and all of which rights and remedies shall be in addition
                                            to, and not in lieu of, any other rights and remedies available to the Company and its affiliates
                                            under law or in equity (including, without limitation, the recovery of damages):</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 1in"></TD><TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt">(i)</FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt">The
                                            right and remedy to have the Restrictive Covenants specifically enforced (without posting
                                            bond and without the need to prove damages) by any court of competent jurisdiction, including,
                                            without limitation, the right to an entry against the Executive of restraining orders and
                                            injunctions (preliminary, mandatory, temporary and permanent) against violations, threatened
                                            or actual, and whether or not then continuing, of such covenants; and</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 1in"></TD><TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt">(ii)</FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt">The
                                            right and remedy to require the Executive to account for and pay over to the Company and
                                            its affiliates all compensation, profits, monies, accruals, increments or other benefits
                                            (collectively, &ldquo;Benefits&rdquo;) derived or received by him as the result of any transactions
                                            constituting a breach of the Restrictive Covenants, and the Executive shall account for and
                                            pay over such Benefits to the Company and, if applicable, its affected affiliates.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 0.5in"></TD><TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt">(f)</FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt">Without
                                            limiting Section&nbsp;14(k), if any court or other decision-maker of competent jurisdiction
                                            determines that any of the Restrictive Covenants, or any part thereof, is unenforceable because
                                            of the duration or geographical scope of such provision, then, after such determination has
                                            become final and unappealable, the duration or scope of such provision, as the case may be,
                                            shall be reduced so that such provision becomes enforceable and, in its reduced form, such
                                            provision shall then be enforceable and shall be enforced.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt"><B>9.</B></FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt"><B>Executive
                                            Representation</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">The
Executive represents and warrants to the Company that he is not now under any obligation of a contractual or other nature to any person,
business or other entity which is inconsistent or in conflict with this Agreement or which would prevent him from performing his obligations
under this Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<!-- Field: Page; Sequence: 11; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 10pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->11<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt"><B>10.</B></FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt"><B>Mediation
                                            and Arbitration</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 0.5in"></TD><TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt">(a)</FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt">Except
                                            as provided in Section&nbsp;10(b)&nbsp;and 10(c), any disputes between the Company and the
                                            Executive in any way concerning the Executive&rsquo;s employment, the termination of his
                                            employment, this Agreement or its enforcement shall be subject to mediation. If the Company
                                            and the Executive cannot agree upon a mediator, each shall select one name from a list of
                                            mediators maintained by any bona fide dispute resolution provider or other private mediator;
                                            the two selected shall then choose a third person who will serve as the sole mediator. The
                                            first mediation session shall occur within forty-five (45) calendar days following the notice
                                            of a dispute. If within sixty (60) days of the first mediation session the claim is not resolved,
                                            either party may request that the dispute be settled exclusively by arbitration in the State
                                            of Maryland by a single arbitrator, selected in the same manner as the mediator, in accordance
                                            with the Employment Arbitration Rules&nbsp;of the American Arbitration Association in effect
                                            at the time of submission to arbitration. Judgment may be entered on the arbitrator&rsquo;s
                                            award in any court having jurisdiction. For purposes of entering any judgment upon an award
                                            rendered by the arbitrator, any or all of the following courts have jurisdiction: (i)&nbsp;the
                                            United States District Court for the District of Maryland, (ii)&nbsp;any of the courts of
                                            the State of Maryland, or (iii)&nbsp;any other court having jurisdiction. Any service of
                                            process or notice requirements in any such proceeding shall be satisfied if the rules&nbsp;of
                                            such court relating thereto have been substantially satisfied. The Company and the Executive
                                            waive to the fullest extent permitted by applicable law, any objection which it may now or
                                            hereafter have to such jurisdiction and any defense of inconvenient forum. A judgment upon
                                            an award rendered by the arbitrators may be enforced in other jurisdictions by suit on the
                                            judgment or in any other manner provided by law. Each party shall bear its or his costs and
                                            expenses arising in connection with any arbitration proceeding.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 0.5in"></TD><TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt">(b)</FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt">Notwithstanding
                                            the foregoing, the Company, in its sole discretion, may bring an action in any court of competent
                                            jurisdiction to seek injunctive relief and such other relief as the Company shall elect to
                                            enforce the Restrictive Covenants. If the courts of any one or more of such jurisdictions
                                            hold the Restrictive Covenants wholly unenforceable by reason of breadth of scope or otherwise
                                            it is the intention of the Company and the Executive that such determination not bar or in
                                            any way affect the Company&rsquo;s right, or the right of any of its affiliates, to the relief
                                            provided in Section&nbsp;8(e)&nbsp;above in the courts of any other jurisdiction within the
                                            geographical scope of such Restrictive Covenants, as to breaches of such Restrictive Covenants
                                            in such other respective jurisdictions, such Restrictive Covenants as they relate to each
                                            jurisdiction being, for this purpose, severable, diverse and independent covenants, subject,
                                            where appropriate, to the doctrine of res judicata. The parties hereby agree to waive any
                                            right to a trial by jury for any and all disputes hereunder (whether or not relating to the
                                            Restrictive Covenants).</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 0.5in"></TD><TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt">(c)</FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt">Notwithstanding
                                            the foregoing, the Company or the Executive may bring an action in any court of competent
                                            jurisdiction to resolve any dispute under or seek the enforcement of Section&nbsp;6.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt"><B>11.</B></FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt"><B>Section&nbsp;409A</B>.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">To
the extent the Executive would be subject to the additional twenty percent (20%) tax imposed on certain deferred compensation arrangements
pursuant to Section&nbsp;409A, as a result of any provision of this Agreement, such provision shall be deemed amended to the minimum
extent necessary to avoid application of such tax and preserve to the maximum extent possible the original intent and economic benefit
to the Executive and the Company, and the parties shall promptly execute any amendment reasonably necessary to implement this Section&nbsp;11.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<!-- Field: Page; Sequence: 12; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 10pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->12<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 0.5in"></TD><TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt">(a)</FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt">For
                                            purposes of Section&nbsp;409A, the Executive&rsquo;s right to receive installment payments
                                            pursuant to this Agreement including, without limitation, each severance payment and health
                                            insurance payment shall be treated as a right to receive a series of separate and distinct
                                            payments.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 0.5in"></TD><TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt">(b)</FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt">The
                                            Executive will be deemed to have a date of termination for purposes of determining the timing
                                            of any payments or benefits hereunder that are classified as deferred compensation only upon
                                            a &ldquo;separation from service&rdquo; within the meaning of Section&nbsp;409A.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 0.5in"></TD><TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt">(c)</FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt">Notwithstanding
                                            any other provision of this Agreement to the contrary, if at the time of the Executive&rsquo;s
                                            separation from service, (i)&nbsp;the Executive is a specified employee (within the meaning
                                            of Section&nbsp;409A and using the identification methodology selected by the Company from
                                            time to time), and (ii)&nbsp;the Company makes a good faith determination that an amount
                                            payable on account of such separation from service to the Executive constitutes deferred
                                            compensation (within the meaning of Section&nbsp;409A) the payment of which is required to
                                            be delayed pursuant to the six (6)&nbsp;month delay rule&nbsp;set forth in Section&nbsp;409A
                                            in order to avoid taxes or penalties under Section&nbsp;409A (the &ldquo;Delay Period&rdquo;),
                                            then the Company will not pay such amount on the otherwise scheduled payment date but will
                                            instead pay it in a lump sum on the first business day after such six (6)&nbsp;month period
                                            (or upon the Executive&rsquo;s death, if earlier), together with interest for the period
                                            of delay, compounded annually, equal to the prime rate (as published in the Wall Street Journal)
                                            in effect as of the dates the payments should otherwise have been provided. To the extent
                                            that any benefits to be provided during the Delay Period are considered deferred compensation
                                            under Section&nbsp;409A provided on account of a &ldquo;separation from service,&rdquo; and
                                            such benefits are not otherwise exempt from Section&nbsp;409A, the Executive shall pay the
                                            cost of such benefit during the Delay Period, and the Company shall reimburse the Executive,
                                            to the extent that such costs would otherwise have been paid by the Company or to the extent
                                            that such benefits would otherwise have been provided by the Company at no cost to the Executive,
                                            the Company&rsquo;s share of the cost of such benefits upon expiration of the Delay Period,
                                            and any remaining benefits shall be reimbursed or provided by the Company in accordance with
                                            the procedures specified herein.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 0.5in"></TD><TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt">(d)</FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt">(i)&nbsp;Any
                                            amount that the Executive is entitled to be reimbursed under this Agreement will be reimbursed
                                            to the Executive as promptly as practical and in any event not later than the last day of
                                            the calendar year after the calendar year in which the expenses are incurred, (ii)&nbsp;any
                                            right to reimbursement or in kind benefits will not be subject to liquidation or exchange
                                            for another benefit, and (iii)&nbsp;the amount of the expenses eligible for reimbursement
                                            during any taxable year will not affect the amount of expenses eligible for reimbursement
                                            in any other taxable year.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<!-- Field: Page; Sequence: 13; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 10pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->13<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 0.5in"></TD><TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt">(e)</FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt">Whenever
                                            a payment under this Agreement specifies a payment period with reference to a number of days
                                            (e.g., &ldquo;payment shall be made within thirty (30) days following the date of termination&rdquo;),
                                            the actual date of payment within the specified period shall be within the sole discretion
                                            of the Company.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt"><B>12.</B></FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt"><B>Parachute
                                            Payment Limitations</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Notwithstanding
any other provision of this Agreement or of any other agreement, contract, or understanding heretofore or hereafter entered into by the
Executive and the Company or its affiliates, except an agreement, contract, or understanding hereafter entered into that expressly modifies
or excludes application of this Section&nbsp;12 (the &ldquo;Other Agreements&rdquo;), and notwithstanding any formal or informal plan
or other arrangement heretofore or hereafter adopted by the Company or any of its affiliates for the direct or indirect compensation
of the Executive (including groups or classes of participants or beneficiaries of which the Executive is a member), whether or not such
compensation is deferred, is in cash, or is in the form of a benefit to or for the Executive (a &ldquo;Benefit Arrangement&rdquo;), if
the Executive is a &ldquo;disqualified individual,&rdquo; as defined in Section&nbsp;280G(c)&nbsp;of the Code, any right to receive any
payment or other benefit under this Agreement shall not become exercisable or vested (i)&nbsp;to the extent that such right to exercise,
vesting, payment, or benefit, taking into account all other rights, payments, or benefits to or for the Executive under the Agreement,
all Other Agreements, and all Benefit Arrangements, would cause any payment or benefit to the Executive under this Agreement to be considered
a &ldquo;parachute payment&rdquo; within the meaning of Section&nbsp;280G(b)(2)&nbsp;of the Code as then in effect (a &ldquo;Parachute
Payment&rdquo;) <U>and</U> (ii)&nbsp;if, as a result of receiving a Parachute Payment, the aggregate after-tax amounts received by the
Executive from the Company or any of its affiliates under this Agreement, all Other Agreements, and all Benefit Arrangements would be
less than the maximum after-tax amount that could be received by the Executive without causing any such payment or benefit to be considered
a Parachute Payment. In the event that the receipt of any such right to exercise, vesting, payment, or benefit under this Agreement,
in conjunction with all other rights, payments, or benefits to or for the Executive under the Agreement, any Other Agreement or any Benefit
Arrangement would cause the Executive to be considered to have received a Parachute Payment under this Agreement that would have the
effect of decreasing the after-tax amount received by the Executive as described in clause&nbsp;(ii)&nbsp;of the preceding sentence,
then the Executive shall have the right, in the Executive&rsquo;s sole discretion, to designate those rights, payments, or benefits under
this Agreement, any Other Agreements, and any Benefit Arrangements that should be reduced or eliminated so as to avoid having the payment
or benefit to the Executive under this Agreement be deemed to be a Parachute Payment; provided, however, that, to the extent any payment
or benefit constitutes deferred compensation under Section&nbsp;409A, in order to comply with Section&nbsp;409A, the reduction or elimination
will be performed in the following order: (A)&nbsp;reduction of cash payments; (B)&nbsp;reduction of COBRA benefits; (C)&nbsp;cancellation
of acceleration of vesting on any equity awards for which the exercise price exceeds the then fair market value of the underlying equity;
and (D)&nbsp;cancellation of acceleration of vesting of equity awards not covered under (C)&nbsp;above; provided, however that in the
event that acceleration of vesting of equity awards is to be cancelled, such acceleration of vesting shall be cancelled in the reverse
order of the date of grant of such equity awards, that is, later granted equity awards shall be canceled before earlier granted equity
awards.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<!-- Field: Page; Sequence: 14; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 10pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->14<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt"><B>13.</B></FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt"><B>Clawback
                                            Policies</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">The
Executive is subject to any recoupment or clawback policies that the Company may implement or maintain at any time regarding incentive-based
compensation, which is granted or awarded to the Executive on or after the date of this Agreement. Such policies may include the right
to recover incentive-based compensation (including stock options awarded as compensation) awarded or received during the three-year period
preceding the date on which the Company is required to prepare an accounting restatement due to material noncompliance with any financial
reporting requirement under federal securities laws. The Executive agrees to amend any awards and agreements entered into on or after
the date of this Agreement as the Company may request to reasonably implement such policies.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt"><B>14.</B></FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt"><B>Miscellaneous</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 0.5in"></TD><TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt">(a)</FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt"><U>Payment
                                            of Financial Obligations</U>.&#9;The payment or provision to the Executive by the Company
                                            of any remuneration, benefits or other financial obligations pursuant to this Agreement and
                                            any indemnification obligations, shall be allocated between the Company and the Operating
                                            Partnership by the Compensation Committee based on any reasonable method.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 0.5in"></TD><TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt">(b)</FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt"><U>Notices</U>.
                                            All notices required or permitted under this Agreement shall be in writing and shall be deemed
                                            effective (i)&nbsp;upon personal delivery, (ii)&nbsp;upon deposit with the United States
                                            Postal Service, by registered or certified mail, postage prepaid, or (iii)&nbsp;in the case
                                            of facsimile transmission or delivery by nationally recognized overnight delivery service,
                                            when received, addressed as follows:</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 0.5in"></TD><TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt">(c)</FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt">If
                                            to the Company, to:</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify"><FONT STYLE="font-size: 10pt">RLJ Lodging
Trust</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify"><FONT STYLE="font-size: 10pt">7373
Wisconsin Avenue</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify"><FONT STYLE="font-size: 10pt">Suite&nbsp;1500</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify"><FONT STYLE="font-size: 10pt">Bethesda,
MD 20814</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify"><FONT STYLE="font-size: 10pt">Attention:
General Counsel</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 1in"></TD><TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt">(i)</FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt">If
                                            to the Executive, to:</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify"><FONT STYLE="font-size: 10pt">Executive</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify"><FONT STYLE="font-size: 10pt">Address
on file with the Company</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify"><FONT STYLE="font-size: 10pt">or to such
other address or addresses as either party shall designate to the other in writing from time to time by like notice.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 0.5in"></TD><TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt">(d)</FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt"><U>Pronouns</U>.
                                            Whenever the context may require, any pronouns used in this Agreement shall include the corresponding
                                            masculine, feminine or neuter forms, and the singular forms of nouns and pronouns shall include
                                            the plural, and vice versa.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<!-- Field: Page; Sequence: 15; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 10pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->15<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 0.5in"></TD><TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt">(e)</FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt"><U>Entire
                                            Agreement</U>. This Agreement constitutes the entire agreement between the parties and supersedes
                                            all prior agreements and understandings, whether written or oral, relating to the subject
                                            matter of this Agreement, including without limitation the Prior Agreement.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 0.5in"></TD><TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt">(f)</FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt"><U>Amendment</U>.
                                            This Agreement may be amended or modified only by a written instrument executed by the Company
                                            and the Executive.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 0.5in"></TD><TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt">(g)</FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt"><U>Governing
                                            Law</U>. This Agreement shall be construed, interpreted and enforced in accordance with the
                                            laws of the State of Maryland, without regard to its conflicts of laws principles.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 0.5in"></TD><TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt">(h)</FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt"><U>Successors
                                            and Assigns</U>. This Agreement shall be binding upon and inure to the benefit of the parties
                                            and their respective successors and assigns, including any entity with which or into which
                                            the Company may be merged or which may succeed to its assets or business or any entity to
                                            which the Company may assign its rights and obligations under this Agreement; provided, however,
                                            that the obligations of the Executive are personal and shall not be assigned or delegated
                                            by him.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 0.5in"></TD><TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt">(i)</FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt"><U>Waiver</U>.
                                            No delays or omission by the Company or the Executive in exercising any right under this
                                            Agreement shall operate as a waiver of that or any other right. A waiver or consent by the
                                            Company shall not be effective unless consented to by the Operating Partnership and vice
                                            versa. A waiver or consent given by the Company or the Executive on any one occasion shall
                                            be effective only in that instance and shall not be construed as a bar or waiver of any right
                                            on any other occasion.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 0.5in"></TD><TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt">(j)</FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt"><U>Captions</U>.
                                            The captions appearing in this Agreement are for convenience of reference only and in no
                                            way define, limit or affect the scope or substance of any section of this Agreement.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 0.5in"></TD><TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt">(k)</FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt"><U>Severability</U>.
                                            In case any provision of this Agreement shall be held by a court or arbitrator with jurisdiction
                                            over the parties to this Agreement to be invalid, illegal or otherwise unenforceable, such
                                            provision shall be restated to reflect as nearly as possible the original intentions of the
                                            parties in accordance with applicable law, and the validity, legality and enforceability
                                            of the remaining provisions shall in no way be affected or impaired thereby.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 0.5in"></TD><TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt">(l)</FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt"><U>Counterparts</U>.
                                            This Agreement may be executed in two or more counterparts, each of which shall be deemed
                                            an original but all of which together shall constitute one and the same instrument.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<!-- Field: Page; Sequence: 16; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 10pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->16<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">IN
WITNESS WHEREOF, the parties have executed this Agreement as of the day and year first above written.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-size: 10pt">RLJ LODGING TRUST</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt; width: 50%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 5%"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 45%; text-align: left"><FONT STYLE="font-size: 10pt">/s/ Leslie D. Hale</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Name:</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-size: 10pt">Leslie D. Hale</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-size: 10pt">Title:</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"> <FONT STYLE="font-size: 10pt">President&nbsp;&amp; Chief Executive Officer</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-size: 10pt">RLJ LODGING TRUST, L.P.</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-size: 10pt">RLJ
    Lodging Trust, its general partner</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-size: 10pt">/s/ Leslie D. Hale</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Name:</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-size: 10pt">Leslie D. Hale</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Title:</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-size: 10pt">President&nbsp;&amp; Chief Executive
    Officer</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">EXECUTIVE</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-size: 10pt">/s/ Nikhil Bhalla</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-size: 10pt">Nikhil Bhalla</FONT></TD></TR>
  </TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<!-- Field: Page; Sequence: 17 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P><P STYLE="margin: 0pt"></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><U>Exhibit&nbsp;A</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>WAIVER AND RELEASE
AGREEMENT</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">THIS
WAIVER AND RELEASE AGREEMENT (this &ldquo;<B>Release</B>&rdquo;) is entered into as of [&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239; ] (the &ldquo;<B>Effective Date</B>&rdquo;),
by&#8239;Nikhil Bhalla (&ldquo;<B>Executive</B>&rdquo;) in consideration of severance pay (the &ldquo;<B>Severance
Payment</B>&rdquo;) provided to Executive by RLJ Lodging Trust, a Maryland real estate investment trust (the &ldquo;<B>Company</B>&rdquo;)
and RLJ Lodging Trust, L.P. (together with the Company, the &ldquo;<B>Company Group</B>&rdquo;), pursuant to the Employment Agreement
by and among the Company Group and Executive (the &ldquo;<B>Employment Agreement</B>&rdquo;).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">1.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B><U>Waiver
and Release</U>. </B>Subject to the last sentence of the first paragraph of this Section&nbsp;1, Executive, on his own behalf and on
behalf of his heirs, executors, administrators, attorneys and assigns, hereby unconditionally and irrevocably releases, waives and forever
discharges the Company Group and each of their affiliates, parents, successors, predecessors, and the subsidiaries, directors, trustees,
owners, members, shareholders, officers, agents, and employees of the Company Group and their affiliates, parents, successors, predecessors,
and subsidiaries (collectively, all of the foregoing are referred to as the &ldquo;<B>Employer</B>&rdquo;), from any and all causes of
action, claims and damages, including attorneys&rsquo; fees, whether known or unknown, foreseen or unforeseen, presently asserted or
otherwise arising through the date of his signing of this Release, concerning his employment or separation from employment. Subject to
the last sentence of the first paragraph of this Section&nbsp;1, this Release includes, but is not limited to, any payments, benefits
or damages arising under any federal law (including, but not limited to, Title VII of the Civil Rights Act of 1964, the Age Discrimination
in Employment Act, the Employee Retirement Income Security Act of 1974, the Americans with Disabilities Act, Executive Order 11246, the
Family and Medical Leave Act, and the Worker Adjustment and Retraining Notification Act, each as amended, and all other employment discrimination
laws whatsoever as may be created or amended from time to time); any claim arising under any state or local laws, ordinances or regulations
(including, but not limited to, any state or local laws, ordinances or regulations requiring that advance notice be given of certain
workforce reductions); and any claim arising under any common law principle or public policy, including, but not limited to, all suits
in tort or contract, such as wrongful termination, defamation, emotional distress, invasion of privacy or loss of consortium. Notwithstanding
any other provision of this Release to the contrary, this Release does not encompass, and Executive does not release, waive or discharge,
the obligations of the Company Group (a)&nbsp;to make the payments and provide the other benefits contemplated by the Employment Agreement,
or (b)&nbsp;under any restricted stock agreement, option agreement or other agreement pertaining to Executive&rsquo;s equity ownership,
or (c)&nbsp;under any indemnification or similar agreement with Executive or indemnification under the Articles of Incorporation, Amended
and Restated Agreement of Limited Partnership, Bylaws or other governing instruments of the Company Group.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Executive
understands that by signing this Release, he is not waiving any claims or administrative charges which cannot be waived by law. Nothing
in this Release shall be construed to prohibit Executive from commencing or otherwise assisting in any investigation or proceeding conducted
by the Equal Employment Opportunity Commission or any other federal, state or local government agency; provided, however, Executive waives
any right to monetary recovery or individual relief in connection with any such proceeding or should one be pursued on his behalf arising
out of or related to his employment with and/or separation from employment with the Company Group. For the avoidance of doubt, nothing
herein prevents Executive from pursuing a whistleblower claim under applicable law.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<!-- Field: Page; Sequence: 18 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P><P STYLE="margin: 0pt"></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Executive
further agrees without any reservation whatsoever, never to sue the Employer or become a party to a lawsuit on the basis of any and all
claims of any type lawfully and validly released in this Release.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">2.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B><U>Acknowledgments</U>.
</B>Executive is signing this Release knowingly and voluntarily. He acknowledges that:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;He
is hereby advised in writing to consult an attorney before signing this Release;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;He
has relied solely on his own judgment and/or that of his attorney regarding the consideration for and the terms of this Release and is
signing this Release knowingly and voluntarily of his own free will;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;He
is not entitled to the Severance Payment unless he agrees to and honors the terms of this Release;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;He
has been given at least twenty-one (21) calendar days to consider this Release, or he expressly waives his right to have at least twenty-one
(21) days to consider this Release;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(e)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;He
may revoke this Release within seven (7)&nbsp;calendar days after signing it by submitting a written notice of revocation to the Employer.
He further understands that this Release is not effective or enforceable until after the seven (7)&nbsp;day period of revocation has
expired without revocation, and that if he revokes this Release within the seven (7)&nbsp;day revocation period, he will not receive
the Severance Payment;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(f)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;He
has read and understands the Release and further understands that, subject to the limitations contained herein, it includes a general
release of any and all known and unknown, foreseen or unforeseen claims presently asserted or otherwise arising through the date of his
signing of this Release that he may have against the Employer; and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(g)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;No
statements made or conduct by the Employer has in any way coerced or unduly influenced him to execute this Release.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">3.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B><U>No
Admission of Liability</U>. </B>This Release does not constitute an admission of liability or wrongdoing on the part of the Employer,
the Employer does not admit there has been any wrongdoing whatsoever against the Executive, and the Employer expressly denies that any
wrongdoing has occurred.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">4.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B><U>Entire
Agreement</U>. </B>There are no other agreements of any nature between the Employer and Executive with respect to the matters discussed
in this Release, except as expressly stated herein, and in signing this Release, Executive is not relying on any agreements or representations,
except those expressly contained in this Release.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<!-- Field: Page; Sequence: 19 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P><P STYLE="margin: 0pt"></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">5.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B><U>Execution</U>.
</B>It is not necessary that the Employer sign this Release following Executive&rsquo;s full and complete execution of it for it to become
fully effective and enforceable.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">6.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B><U>Severability</U>.
</B>If any provision of this Release is found, held or deemed by a court of competent jurisdiction to be void, unlawful or unenforceable
under any applicable statute or controlling law, the remainder of this Release shall continue in full force and effect.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">7.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B><U>Governing
Law</U>. </B>This Release shall be governed by the laws of the State of Maryland, excluding the choice of law rules&nbsp;thereof.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">8.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B><U>Headings</U>.
</B>Section&nbsp;and subsection headings contained in this Release are inserted for the convenience of reference only. Section&nbsp;and
subsection headings shall not be deemed to be a part of this Release for any purpose, and they shall not in any way define or affect
the meaning, construction or scope of any of the provisions hereof.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">IN
WITNESS WHEREOF, the undersigned has duly executed this Release as of the day and year first herein above written.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 50%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">EXECUTIVE:</FONT></TD>
    </TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    </TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Nikhil Bhalla</FONT></TD>
    </TR>
  </TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<!-- Field: Page; Sequence: 20; Options: Last -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P><P STYLE="margin: 0pt"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>3
<FILENAME>tm2526402d1_ex99-1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="font-size: 10pt; margin: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font-size: 10pt; text-align: right; margin: 0"><FONT STYLE="font-size: 10pt"><B>Exhibit 99.1</B></FONT></P>

<P STYLE="font-size: 10pt; margin: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font-size: 10pt; margin: 0"><FONT STYLE="font-size: 10pt"><IMG SRC="tm2526402d1_ex99-1img001.jpg" ALT="" STYLE="height: 63px; width: 336px"></FONT></P>

<P STYLE="font-size: 10pt; margin: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B>Press Release</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>RLJ Lodging Trust
Appoints Nikhil Bhalla as Chief Financial Officer</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Bethesda, MD, September&nbsp;18,
2025 &ndash; RLJ Lodging Trust (the &ldquo;Company&rdquo;) (NYSE: RLJ) announced today the appointment of Nikhil Bhalla as Chief Financial
Officer, effective immediately. Since joining the Company in 2015, Nikhil has held a variety of leadership positions, most recently serving
as Senior Vice President of Finance and Treasurer. During his tenure at RLJ, Nikhil has demonstrated exceptional leadership across multiple
critical areas, including corporate strategy, treasury, investor relations, as well as financial planning and analysis functions.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&quot;Nikhil has
made many contributions to the success of RLJ and has been an invaluable member of our leadership team for over a decade, consistently
demonstrating strategic insight, financial acumen, and operational excellence, making him the ideal choice for CFO,&quot; said Leslie
D. Hale, President and Chief Executive Officer of the Company. &quot;His deep understanding of our industry, institutional knowledge,
combined with broad financial expertise, makes him well suited to continue to capitalize on our strong balance sheet, advance our financial
strategy and support our growth initiatives. This promotion also reflects the strength and depth of our internal talent pipeline, and
our ability to develop and advance exceptional leaders from within our organization.&rdquo;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&quot;I'm honored
to assume this expanded role and excited about the opportunities ahead for RLJ,&quot; said Nikhil. &quot;Having worked closely with our
talented team,&nbsp;I look forward to continuing to build on our strong financial foundation while supporting our strategic initiatives
and delivering value for our shareholders.&quot;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Prior to joining
RLJ, Nikhil served as Vice President of Equity Research at FBR Capital Markets&nbsp;&amp; Co. Earlier in his career, he held positions
at Host Hotels&nbsp;&amp; Resorts and CB Richard Ellis, building extensive experience in hospitality and real estate sectors. He earned
his master&rsquo;s degree in management from Cornell University&rsquo;s School of Hotel Administration.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B><U>About RLJ</U></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">RLJ Lodging Trust&nbsp;(&quot;RLJ&quot;)
is a self-advised, publicly traded real estate investment trust that owns 94 premium-branded, rooms-oriented, high-margin, urban-centric
hotels located within the heart of demand locations. Our hotels are geographically diverse and concentrated in major urban markets that
provide multiple demand generators from business, leisure, and other travelers.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P><P STYLE="margin: 0pt"></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt; background-color: white"><B><U>Forward-Looking
Statements</U></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><I>This press release
contains certain statements, other than purely historical information, including estimates, projections, statements relating to the Company&rsquo;s
business plans, objectives and expected operating results, and the assumptions upon which those statements are based, that are &ldquo;forward
looking statements&rdquo; within the meaning of the Private Securities Litigation Reform Act of 1995, Section&nbsp;27A of the Securities
Act of 1933, as amended, and Section&nbsp;21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally
are identified by the use of the words &ldquo;believe,&rdquo; &ldquo;project,&rdquo; &ldquo;expect,&rdquo; &ldquo;anticipate,&rdquo;
 &ldquo;estimate,&rdquo; &ldquo;plan,&rdquo; &ldquo;may,&rdquo; &ldquo;will,&rdquo; &ldquo;will continue,&rdquo; &ldquo;intend,&rdquo;
 &ldquo;should,&rdquo; &ldquo;may,&rdquo; or similar expressions. Although the Company believes that the expectations reflected in such
forward-looking statements are based upon reasonable assumptions, beliefs and expectations, such forward-looking statements are not predictions
of future events or guarantees of future performance and our actual results could differ materially from those set forth in the forward-looking
statements. Except as required by law, the Company undertakes no obligation to update or revise publicly any forward-looking statements,
whether as a result of new information, future events or otherwise. The Company cautions investors not to place undue reliance on these
forward-looking statements and urges investors to carefully review the disclosures the Company makes concerning risks and uncertainties
in the sections entitled &ldquo;Risk Factors,&rdquo; &ldquo;Forward-Looking Statements,&rdquo; and &ldquo;Management&rsquo;s Discussion
and Analysis of Financial Condition and Results of Operations&rdquo; in the Company&rsquo;s Annual Report on Form&nbsp;10-K for the year
ended December&nbsp;31, 2024, as well as risks, uncertainties and other factors discussed in other documents filed by the Company with
the Securities and Exchange Commission.</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">###</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-size: 10pt"><B><U>Additional
Contact:</U></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>Leslie D. Hale,
President and Chief Executive Officer &ndash; (301) 280-7777</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>Nikhil Bhalla,
Chief Financial Officer &ndash; (301) 280-7758</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><I>For additional
information or to receive press releases via email, please visit our website:</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-size: 10pt"><I>http://www.rljlodgingtrust.com</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"></P>

<!-- Field: Page; Sequence: 2; Options: Last -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P><P STYLE="margin: 0pt"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-size: 10pt"><I>&nbsp;</I></FONT></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.SCH
<SEQUENCE>4
<FILENAME>rlj-20250915.xsd
<DESCRIPTION>XBRL TAXONOMY EXTENSION SCHEMA
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII" ?>
    <!-- Field: Doc-Info; Name: Generator; Value: GoFiler Complete; Version: 6.1b -->
    <!-- Field: Doc-Info; Name: VendorURI; Value: https://www.novaworks.com -->
    <!-- Field: Doc-Info; Name: Status; Value: 0x00000000 -->
    <!-- Field: Doc-Info; Name: Misc; Value: +aA5w7xRiXgen8uLa3ZcWa2AubOdzZR+SYkxtmB0bSla/ykr5jsNJieaRVmW8TsI -->
<schema xmlns="http://www.w3.org/2001/XMLSchema" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:xbrldi="http://xbrl.org/2006/xbrldi" xmlns:dei="http://xbrl.sec.gov/dei/2025" xmlns:us-gaap="http://fasb.org/us-gaap/2025" xmlns:srt="http://fasb.org/srt/2025" xmlns:srt-types="http://fasb.org/srt-types/2025" xmlns:rlj="http://rljlodgingtrust.com/20250915" elementFormDefault="qualified" targetNamespace="http://rljlodgingtrust.com/20250915">
    <annotation>
      <appinfo>
        <link:roleType roleURI="http://rljlodgingtrust.com/role/Cover" id="Cover">
          <link:definition>00000001 - Document - Cover</link:definition>
          <link:usedOn>link:presentationLink</link:usedOn>
          <link:usedOn>link:calculationLink</link:usedOn>
          <link:usedOn>link:definitionLink</link:usedOn>
        </link:roleType>
        <link:linkbaseRef xlink:type="simple" xlink:href="rlj-20250915_pre.xml" xlink:role="http://www.xbrl.org/2003/role/presentationLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:title="Presentation Links" />
        <link:linkbaseRef xlink:type="simple" xlink:href="rlj-20250915_lab.xml" xlink:role="http://www.xbrl.org/2003/role/labelLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:title="Label Links" />
      </appinfo>
    </annotation>
    <import namespace="http://www.xbrl.org/2003/instance" schemaLocation="http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd" />
    <import namespace="http://www.xbrl.org/2003/linkbase" schemaLocation="http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" />
    <import namespace="http://xbrl.sec.gov/dei/2025" schemaLocation="https://xbrl.sec.gov/dei/2025/dei-2025.xsd" />
    <import namespace="http://fasb.org/us-gaap/2025" schemaLocation="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd" />
    <import namespace="http://fasb.org/us-types/2025" schemaLocation="https://xbrl.fasb.org/us-gaap/2025/elts/us-types-2025.xsd" />
    <import namespace="http://www.xbrl.org/dtr/type/2024-01-31" schemaLocation="https://www.xbrl.org/dtr/type/2024-01-31/types.xsd" />
    <import namespace="http://xbrl.sec.gov/country/2025" schemaLocation="https://xbrl.sec.gov/country/2025/country-2025.xsd" />
    <import namespace="http://fasb.org/srt/2025" schemaLocation="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd" />
    <import namespace="http://fasb.org/srt-types/2025" schemaLocation="https://xbrl.fasb.org/srt/2025/elts/srt-types-2025.xsd" />
</schema>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.LAB
<SEQUENCE>5
<FILENAME>rlj-20250915_lab.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION LABEL LINKBASE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII" standalone="no"?>
    <!-- Field: Doc-Info; Name: Generator; Value: GoFiler Complete; Version: 6.1b -->
    <!-- Field: Doc-Info; Name: VendorURI; Value: https://www.novaworks.com -->
    <!-- Field: Doc-Info; Name: Status; Value: 0x00000000 -->
<link:linkbase xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xbrli="http://www.xbrl.org/2003/instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedLabel" roleURI="http://www.xbrl.org/2009/role/negatedLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodEndLabel" roleURI="http://www.xbrl.org/2009/role/negatedPeriodEndLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodStartLabel" roleURI="http://www.xbrl.org/2009/role/negatedPeriodStartLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTotalLabel" roleURI="http://www.xbrl.org/2009/role/negatedTotalLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedNetLabel" roleURI="http://www.xbrl.org/2009/role/negatedNetLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTerseLabel" roleURI="http://www.xbrl.org/2009/role/negatedTerseLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/net-2009-12-16.xsd#netLabel" roleURI="http://www.xbrl.org/2009/role/netLabel" />
    <link:labelLink xlink:type="extended" xlink:role="http://www.xbrl.org/2003/role/link">
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_CoverAbstract" xlink:label="dei_CoverAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CoverAbstract" xlink:to="dei_CoverAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CoverAbstract_lbl" xml:lang="en-US">Cover [Abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentType" xlink:label="dei_DocumentType" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentType" xlink:to="dei_DocumentType_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentType_lbl" xml:lang="en-US">Document Type</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_AmendmentFlag" xlink:label="dei_AmendmentFlag" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AmendmentFlag" xlink:to="dei_AmendmentFlag_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AmendmentFlag_lbl" xml:lang="en-US">Amendment Flag</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_AmendmentDescription" xlink:label="dei_AmendmentDescription" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AmendmentDescription" xlink:to="dei_AmendmentDescription_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AmendmentDescription_lbl" xml:lang="en-US">Amendment Description</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentRegistrationStatement" xlink:label="dei_DocumentRegistrationStatement" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentRegistrationStatement" xlink:to="dei_DocumentRegistrationStatement_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentRegistrationStatement_lbl" xml:lang="en-US">Document Registration Statement</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentAnnualReport" xlink:label="dei_DocumentAnnualReport" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentAnnualReport" xlink:to="dei_DocumentAnnualReport_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentAnnualReport_lbl" xml:lang="en-US">Document Annual Report</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentQuarterlyReport" xlink:label="dei_DocumentQuarterlyReport" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentQuarterlyReport" xlink:to="dei_DocumentQuarterlyReport_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentQuarterlyReport_lbl" xml:lang="en-US">Document Quarterly Report</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentTransitionReport" xlink:label="dei_DocumentTransitionReport" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentTransitionReport" xlink:to="dei_DocumentTransitionReport_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentTransitionReport_lbl" xml:lang="en-US">Document Transition Report</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentShellCompanyReport" xlink:label="dei_DocumentShellCompanyReport" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentShellCompanyReport" xlink:to="dei_DocumentShellCompanyReport_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentShellCompanyReport_lbl" xml:lang="en-US">Document Shell Company Report</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentShellCompanyEventDate" xlink:label="dei_DocumentShellCompanyEventDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentShellCompanyEventDate" xlink:to="dei_DocumentShellCompanyEventDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentShellCompanyEventDate_lbl" xml:lang="en-US">Document Shell Company Event Date</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentPeriodStartDate" xlink:label="dei_DocumentPeriodStartDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentPeriodStartDate" xlink:to="dei_DocumentPeriodStartDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentPeriodStartDate_lbl" xml:lang="en-US">Document Period Start Date</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentPeriodEndDate" xlink:label="dei_DocumentPeriodEndDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentPeriodEndDate" xlink:to="dei_DocumentPeriodEndDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentPeriodEndDate_lbl" xml:lang="en-US">Document Period End Date</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentFiscalPeriodFocus" xlink:label="dei_DocumentFiscalPeriodFocus" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentFiscalPeriodFocus" xlink:to="dei_DocumentFiscalPeriodFocus_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentFiscalPeriodFocus_lbl" xml:lang="en-US">Document Fiscal Period Focus</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentFiscalYearFocus" xlink:label="dei_DocumentFiscalYearFocus" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentFiscalYearFocus" xlink:to="dei_DocumentFiscalYearFocus_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentFiscalYearFocus_lbl" xml:lang="en-US">Document Fiscal Year Focus</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_CurrentFiscalYearEndDate" xlink:label="dei_CurrentFiscalYearEndDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CurrentFiscalYearEndDate" xlink:to="dei_CurrentFiscalYearEndDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CurrentFiscalYearEndDate_lbl" xml:lang="en-US">Current Fiscal Year End Date</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityFileNumber" xlink:label="dei_EntityFileNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityFileNumber" xlink:to="dei_EntityFileNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityFileNumber_lbl" xml:lang="en-US">Entity File Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityRegistrantName" xlink:label="dei_EntityRegistrantName" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityRegistrantName" xlink:to="dei_EntityRegistrantName_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityRegistrantName_lbl" xml:lang="en-US">Entity Registrant Name</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityCentralIndexKey" xlink:label="dei_EntityCentralIndexKey" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCentralIndexKey" xlink:to="dei_EntityCentralIndexKey_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCentralIndexKey_lbl" xml:lang="en-US">Entity Central Index Key</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityPrimarySicNumber" xlink:label="dei_EntityPrimarySicNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityPrimarySicNumber" xlink:to="dei_EntityPrimarySicNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityPrimarySicNumber_lbl" xml:lang="en-US">Entity Primary SIC Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityTaxIdentificationNumber" xlink:label="dei_EntityTaxIdentificationNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityTaxIdentificationNumber" xlink:to="dei_EntityTaxIdentificationNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityTaxIdentificationNumber_lbl" xml:lang="en-US">Entity Tax Identification Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityIncorporationStateCountryCode" xlink:label="dei_EntityIncorporationStateCountryCode" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityIncorporationStateCountryCode" xlink:to="dei_EntityIncorporationStateCountryCode_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityIncorporationStateCountryCode_lbl" xml:lang="en-US">Entity Incorporation, State or Country Code</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressAddressLine1" xlink:label="dei_EntityAddressAddressLine1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine1" xlink:to="dei_EntityAddressAddressLine1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressAddressLine1_lbl" xml:lang="en-US">Entity Address, Address Line One</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressAddressLine2" xlink:label="dei_EntityAddressAddressLine2" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine2" xlink:to="dei_EntityAddressAddressLine2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressAddressLine2_lbl" xml:lang="en-US">Entity Address, Address Line Two</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressAddressLine3" xlink:label="dei_EntityAddressAddressLine3" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine3" xlink:to="dei_EntityAddressAddressLine3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressAddressLine3_lbl" xml:lang="en-US">Entity Address, Address Line Three</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressCityOrTown" xlink:label="dei_EntityAddressCityOrTown" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressCityOrTown" xlink:to="dei_EntityAddressCityOrTown_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressCityOrTown_lbl" xml:lang="en-US">Entity Address, City or Town</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressStateOrProvince" xlink:label="dei_EntityAddressStateOrProvince" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressStateOrProvince" xlink:to="dei_EntityAddressStateOrProvince_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressStateOrProvince_lbl" xml:lang="en-US">Entity Address, State or Province</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressCountry" xlink:label="dei_EntityAddressCountry" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressCountry" xlink:to="dei_EntityAddressCountry_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressCountry_lbl" xml:lang="en-US">Entity Address, Country</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressPostalZipCode" xlink:label="dei_EntityAddressPostalZipCode" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressPostalZipCode" xlink:to="dei_EntityAddressPostalZipCode_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressPostalZipCode_lbl" xml:lang="en-US">Entity Address, Postal Zip Code</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_CountryRegion" xlink:label="dei_CountryRegion" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CountryRegion" xlink:to="dei_CountryRegion_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CountryRegion_lbl" xml:lang="en-US">Country Region</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_CityAreaCode" xlink:label="dei_CityAreaCode" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CityAreaCode" xlink:to="dei_CityAreaCode_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CityAreaCode_lbl" xml:lang="en-US">City Area Code</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_LocalPhoneNumber" xlink:label="dei_LocalPhoneNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_LocalPhoneNumber" xlink:to="dei_LocalPhoneNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_LocalPhoneNumber_lbl" xml:lang="en-US">Local Phone Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_Extension" xlink:label="dei_Extension" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Extension" xlink:to="dei_Extension_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_Extension_lbl" xml:lang="en-US">Extension</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_WrittenCommunications" xlink:label="dei_WrittenCommunications" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_WrittenCommunications" xlink:to="dei_WrittenCommunications_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_WrittenCommunications_lbl" xml:lang="en-US">Written Communications</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_SolicitingMaterial" xlink:label="dei_SolicitingMaterial" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SolicitingMaterial" xlink:to="dei_SolicitingMaterial_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_SolicitingMaterial_lbl" xml:lang="en-US">Soliciting Material</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_PreCommencementTenderOffer" xlink:label="dei_PreCommencementTenderOffer" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_PreCommencementTenderOffer" xlink:to="dei_PreCommencementTenderOffer_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_PreCommencementTenderOffer_lbl" xml:lang="en-US">Pre-commencement Tender Offer</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_PreCommencementIssuerTenderOffer" xlink:label="dei_PreCommencementIssuerTenderOffer" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_PreCommencementIssuerTenderOffer" xlink:to="dei_PreCommencementIssuerTenderOffer_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_PreCommencementIssuerTenderOffer_lbl" xml:lang="en-US">Pre-commencement Issuer Tender Offer</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_Security12bTitle" xlink:label="dei_Security12bTitle" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Security12bTitle" xlink:to="dei_Security12bTitle_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_Security12bTitle_lbl" xml:lang="en-US">Title of 12(b) Security</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_NoTradingSymbolFlag" xlink:label="dei_NoTradingSymbolFlag" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_NoTradingSymbolFlag" xlink:to="dei_NoTradingSymbolFlag_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_NoTradingSymbolFlag_lbl" xml:lang="en-US">No Trading Symbol Flag</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_TradingSymbol" xlink:label="dei_TradingSymbol" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_TradingSymbol" xlink:to="dei_TradingSymbol_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_TradingSymbol_lbl" xml:lang="en-US">Trading Symbol</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_SecurityExchangeName" xlink:label="dei_SecurityExchangeName" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SecurityExchangeName" xlink:to="dei_SecurityExchangeName_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_SecurityExchangeName_lbl" xml:lang="en-US">Security Exchange Name</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_Security12gTitle" xlink:label="dei_Security12gTitle" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Security12gTitle" xlink:to="dei_Security12gTitle_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_Security12gTitle_lbl" xml:lang="en-US">Title of 12(g) Security</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_SecurityReportingObligation" xlink:label="dei_SecurityReportingObligation" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SecurityReportingObligation" xlink:to="dei_SecurityReportingObligation_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_SecurityReportingObligation_lbl" xml:lang="en-US">Security Reporting Obligation</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_AnnualInformationForm" xlink:label="dei_AnnualInformationForm" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AnnualInformationForm" xlink:to="dei_AnnualInformationForm_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AnnualInformationForm_lbl" xml:lang="en-US">Annual Information Form</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_AuditedAnnualFinancialStatements" xlink:label="dei_AuditedAnnualFinancialStatements" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AuditedAnnualFinancialStatements" xlink:to="dei_AuditedAnnualFinancialStatements_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AuditedAnnualFinancialStatements_lbl" xml:lang="en-US">Audited Annual Financial Statements</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityWellKnownSeasonedIssuer" xlink:label="dei_EntityWellKnownSeasonedIssuer" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityWellKnownSeasonedIssuer" xlink:to="dei_EntityWellKnownSeasonedIssuer_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityWellKnownSeasonedIssuer_lbl" xml:lang="en-US">Entity Well-known Seasoned Issuer</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityVoluntaryFilers" xlink:label="dei_EntityVoluntaryFilers" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityVoluntaryFilers" xlink:to="dei_EntityVoluntaryFilers_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityVoluntaryFilers_lbl" xml:lang="en-US">Entity Voluntary Filers</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityCurrentReportingStatus" xlink:label="dei_EntityCurrentReportingStatus" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCurrentReportingStatus" xlink:to="dei_EntityCurrentReportingStatus_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCurrentReportingStatus_lbl" xml:lang="en-US">Entity Current Reporting Status</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityInteractiveDataCurrent" xlink:label="dei_EntityInteractiveDataCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityInteractiveDataCurrent" xlink:to="dei_EntityInteractiveDataCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityInteractiveDataCurrent_lbl" xml:lang="en-US">Entity Interactive Data Current</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityFilerCategory" xlink:label="dei_EntityFilerCategory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityFilerCategory" xlink:to="dei_EntityFilerCategory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityFilerCategory_lbl" xml:lang="en-US">Entity Filer Category</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntitySmallBusiness" xlink:label="dei_EntitySmallBusiness" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntitySmallBusiness" xlink:to="dei_EntitySmallBusiness_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntitySmallBusiness_lbl" xml:lang="en-US">Entity Small Business</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityEmergingGrowthCompany" xlink:label="dei_EntityEmergingGrowthCompany" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityEmergingGrowthCompany" xlink:to="dei_EntityEmergingGrowthCompany_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityEmergingGrowthCompany_lbl" xml:lang="en-US">Entity Emerging Growth Company</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityExTransitionPeriod" xlink:label="dei_EntityExTransitionPeriod" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityExTransitionPeriod" xlink:to="dei_EntityExTransitionPeriod_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityExTransitionPeriod_lbl" xml:lang="en-US">Elected Not To Use the Extended Transition Period</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentAccountingStandard" xlink:label="dei_DocumentAccountingStandard" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentAccountingStandard" xlink:to="dei_DocumentAccountingStandard_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentAccountingStandard_lbl" xml:lang="en-US">Document Accounting Standard</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_OtherReportingStandardItemNumber" xlink:label="dei_OtherReportingStandardItemNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_OtherReportingStandardItemNumber" xlink:to="dei_OtherReportingStandardItemNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_OtherReportingStandardItemNumber_lbl" xml:lang="en-US">Other Reporting Standard Item Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityShellCompany" xlink:label="dei_EntityShellCompany" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityShellCompany" xlink:to="dei_EntityShellCompany_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityShellCompany_lbl" xml:lang="en-US">Entity Shell Company</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityPublicFloat" xlink:label="dei_EntityPublicFloat" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityPublicFloat" xlink:to="dei_EntityPublicFloat_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityPublicFloat_lbl" xml:lang="en-US">Entity Public Float</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityBankruptcyProceedingsReportingCurrent" xlink:label="dei_EntityBankruptcyProceedingsReportingCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityBankruptcyProceedingsReportingCurrent" xlink:to="dei_EntityBankruptcyProceedingsReportingCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityBankruptcyProceedingsReportingCurrent_lbl" xml:lang="en-US">Entity Bankruptcy Proceedings, Reporting Current</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityCommonStockSharesOutstanding" xlink:label="dei_EntityCommonStockSharesOutstanding" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCommonStockSharesOutstanding" xlink:to="dei_EntityCommonStockSharesOutstanding_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCommonStockSharesOutstanding_lbl" xml:lang="en-US">Entity Common Stock, Shares Outstanding</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentsIncorporatedByReferenceTextBlock" xlink:label="dei_DocumentsIncorporatedByReferenceTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentsIncorporatedByReferenceTextBlock" xlink:to="dei_DocumentsIncorporatedByReferenceTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentsIncorporatedByReferenceTextBlock_lbl" xml:lang="en-US">Documents Incorporated by Reference [Text Block]</link:label>
    </link:labelLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.PRE
<SEQUENCE>6
<FILENAME>rlj-20250915_pre.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII" standalone="no"?>
    <!-- Field: Doc-Info; Name: Generator; Value: GoFiler Complete; Version: 6.1b -->
    <!-- Field: Doc-Info; Name: VendorURI; Value: https://www.novaworks.com -->
    <!-- Field: Doc-Info; Name: Status; Value: 0x00000000 -->
<link:linkbase xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xbrli="http://www.xbrl.org/2003/instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
    <link:roleRef xlink:type="simple" xlink:href="rlj-20250915.xsd#Cover" roleURI="http://rljlodgingtrust.com/role/Cover" />
    <link:presentationLink xlink:type="extended" xlink:role="http://rljlodgingtrust.com/role/Cover" xlink:title="00000001 - Document - Cover">
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_CoverAbstract" xlink:label="loc_deiCoverAbstract" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentType" xlink:label="loc_deiDocumentType" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentType" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_AmendmentFlag" xlink:label="loc_deiAmendmentFlag" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiAmendmentFlag" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_AmendmentDescription" xlink:label="loc_deiAmendmentDescription" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiAmendmentDescription" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentRegistrationStatement" xlink:label="loc_deiDocumentRegistrationStatement" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentRegistrationStatement" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentAnnualReport" xlink:label="loc_deiDocumentAnnualReport" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentAnnualReport" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentQuarterlyReport" xlink:label="loc_deiDocumentQuarterlyReport" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentQuarterlyReport" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentTransitionReport" xlink:label="loc_deiDocumentTransitionReport" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentTransitionReport" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentShellCompanyReport" xlink:label="loc_deiDocumentShellCompanyReport" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentShellCompanyReport" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentShellCompanyEventDate" xlink:label="loc_deiDocumentShellCompanyEventDate" />
      <link:presentationArc order="80" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentShellCompanyEventDate" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentPeriodStartDate" xlink:label="loc_deiDocumentPeriodStartDate" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentPeriodStartDate" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentPeriodEndDate" xlink:label="loc_deiDocumentPeriodEndDate" />
      <link:presentationArc order="100" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentPeriodEndDate" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentFiscalPeriodFocus" xlink:label="loc_deiDocumentFiscalPeriodFocus" />
      <link:presentationArc order="110" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentFiscalPeriodFocus" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentFiscalYearFocus" xlink:label="loc_deiDocumentFiscalYearFocus" />
      <link:presentationArc order="120" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentFiscalYearFocus" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_CurrentFiscalYearEndDate" xlink:label="loc_deiCurrentFiscalYearEndDate" />
      <link:presentationArc order="130" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiCurrentFiscalYearEndDate" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityFileNumber" xlink:label="loc_deiEntityFileNumber" />
      <link:presentationArc order="140" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityFileNumber" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityRegistrantName" xlink:label="loc_deiEntityRegistrantName" />
      <link:presentationArc order="150" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityRegistrantName" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityCentralIndexKey" xlink:label="loc_deiEntityCentralIndexKey" />
      <link:presentationArc order="160" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityCentralIndexKey" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityPrimarySicNumber" xlink:label="loc_deiEntityPrimarySicNumber" />
      <link:presentationArc order="170" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityPrimarySicNumber" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityTaxIdentificationNumber" xlink:label="loc_deiEntityTaxIdentificationNumber" />
      <link:presentationArc order="180" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityTaxIdentificationNumber" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityIncorporationStateCountryCode" xlink:label="loc_deiEntityIncorporationStateCountryCode" />
      <link:presentationArc order="190" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityIncorporationStateCountryCode" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressAddressLine1" xlink:label="loc_deiEntityAddressAddressLine1" />
      <link:presentationArc order="200" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityAddressAddressLine1" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressAddressLine2" xlink:label="loc_deiEntityAddressAddressLine2" />
      <link:presentationArc order="210" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityAddressAddressLine2" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressAddressLine3" xlink:label="loc_deiEntityAddressAddressLine3" />
      <link:presentationArc order="220" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityAddressAddressLine3" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressCityOrTown" xlink:label="loc_deiEntityAddressCityOrTown" />
      <link:presentationArc order="230" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityAddressCityOrTown" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressStateOrProvince" xlink:label="loc_deiEntityAddressStateOrProvince" />
      <link:presentationArc order="240" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityAddressStateOrProvince" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressCountry" xlink:label="loc_deiEntityAddressCountry" />
      <link:presentationArc order="250" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityAddressCountry" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressPostalZipCode" xlink:label="loc_deiEntityAddressPostalZipCode" />
      <link:presentationArc order="260" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityAddressPostalZipCode" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_CountryRegion" xlink:label="loc_deiCountryRegion" />
      <link:presentationArc order="270" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiCountryRegion" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_CityAreaCode" xlink:label="loc_deiCityAreaCode" />
      <link:presentationArc order="280" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiCityAreaCode" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_LocalPhoneNumber" xlink:label="loc_deiLocalPhoneNumber" />
      <link:presentationArc order="290" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiLocalPhoneNumber" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_Extension" xlink:label="loc_deiExtension" />
      <link:presentationArc order="300" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiExtension" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_WrittenCommunications" xlink:label="loc_deiWrittenCommunications" />
      <link:presentationArc order="310" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiWrittenCommunications" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_SolicitingMaterial" xlink:label="loc_deiSolicitingMaterial" />
      <link:presentationArc order="320" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiSolicitingMaterial" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_PreCommencementTenderOffer" xlink:label="loc_deiPreCommencementTenderOffer" />
      <link:presentationArc order="330" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiPreCommencementTenderOffer" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_PreCommencementIssuerTenderOffer" xlink:label="loc_deiPreCommencementIssuerTenderOffer" />
      <link:presentationArc order="340" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiPreCommencementIssuerTenderOffer" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_Security12bTitle" xlink:label="loc_deiSecurity12bTitle" />
      <link:presentationArc order="350" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiSecurity12bTitle" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_NoTradingSymbolFlag" xlink:label="loc_deiNoTradingSymbolFlag" />
      <link:presentationArc order="360" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiNoTradingSymbolFlag" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_TradingSymbol" xlink:label="loc_deiTradingSymbol" />
      <link:presentationArc order="370" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiTradingSymbol" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_SecurityExchangeName" xlink:label="loc_deiSecurityExchangeName" />
      <link:presentationArc order="380" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiSecurityExchangeName" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_Security12gTitle" xlink:label="loc_deiSecurity12gTitle" />
      <link:presentationArc order="390" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiSecurity12gTitle" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_SecurityReportingObligation" xlink:label="loc_deiSecurityReportingObligation" />
      <link:presentationArc order="400" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiSecurityReportingObligation" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_AnnualInformationForm" xlink:label="loc_deiAnnualInformationForm" />
      <link:presentationArc order="410" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiAnnualInformationForm" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_AuditedAnnualFinancialStatements" xlink:label="loc_deiAuditedAnnualFinancialStatements" />
      <link:presentationArc order="420" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiAuditedAnnualFinancialStatements" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityWellKnownSeasonedIssuer" xlink:label="loc_deiEntityWellKnownSeasonedIssuer" />
      <link:presentationArc order="430" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityWellKnownSeasonedIssuer" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityVoluntaryFilers" xlink:label="loc_deiEntityVoluntaryFilers" />
      <link:presentationArc order="440" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityVoluntaryFilers" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityCurrentReportingStatus" xlink:label="loc_deiEntityCurrentReportingStatus" />
      <link:presentationArc order="450" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityCurrentReportingStatus" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityInteractiveDataCurrent" xlink:label="loc_deiEntityInteractiveDataCurrent" />
      <link:presentationArc order="460" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityInteractiveDataCurrent" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityFilerCategory" xlink:label="loc_deiEntityFilerCategory" />
      <link:presentationArc order="470" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityFilerCategory" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntitySmallBusiness" xlink:label="loc_deiEntitySmallBusiness" />
      <link:presentationArc order="480" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntitySmallBusiness" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityEmergingGrowthCompany" xlink:label="loc_deiEntityEmergingGrowthCompany" />
      <link:presentationArc order="490" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityEmergingGrowthCompany" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityExTransitionPeriod" xlink:label="loc_deiEntityExTransitionPeriod" />
      <link:presentationArc order="500" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityExTransitionPeriod" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentAccountingStandard" xlink:label="loc_deiDocumentAccountingStandard" />
      <link:presentationArc order="510" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentAccountingStandard" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_OtherReportingStandardItemNumber" xlink:label="loc_deiOtherReportingStandardItemNumber" />
      <link:presentationArc order="520" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiOtherReportingStandardItemNumber" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityShellCompany" xlink:label="loc_deiEntityShellCompany" />
      <link:presentationArc order="530" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityShellCompany" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityPublicFloat" xlink:label="loc_deiEntityPublicFloat" />
      <link:presentationArc order="540" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityPublicFloat" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityBankruptcyProceedingsReportingCurrent" xlink:label="loc_deiEntityBankruptcyProceedingsReportingCurrent" />
      <link:presentationArc order="550" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityBankruptcyProceedingsReportingCurrent" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityCommonStockSharesOutstanding" xlink:label="loc_deiEntityCommonStockSharesOutstanding" />
      <link:presentationArc order="560" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityCommonStockSharesOutstanding" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentsIncorporatedByReferenceTextBlock" xlink:label="loc_deiDocumentsIncorporatedByReferenceTextBlock" />
      <link:presentationArc order="570" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentsIncorporatedByReferenceTextBlock" xlink:type="arc" />
    </link:presentationLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>7
<FILENAME>tm2526402d1_ex99-1img001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 tm2526402d1_ex99-1img001.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0@)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1" !; >D# 2(  A$! Q$!_\0
M'P   04! 0$! 0$           $" P0%!@<("0H+_\0 M1   @$# P($ P4%
M! 0   %] 0(#  01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T? D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0 'P$  P$! 0$!
M 0$! 0        $" P0%!@<("0H+_\0 M1$  @$"! 0#! <%! 0  0)W  $"
M Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O 58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H # ,!  (1 Q$ /P#W^BBB@!CS
M1QGYW5?J<5D7OB_PWITIBO=?TNWE R8Y;R-6_(G-3ZAX=T357:34=(L+MV7:
M7GMT<D>F2,U\<^/])M=!\=ZSIE@C1VEO.5B0L6V@@'&3SQG'- 'VR#D9HI,B
MER/6@ HHHH P+KQ-]F\<:?X;^R;OM=I+<_:/,QLV$#;MQSG/7-;]<#JG_)<-
M _[!%S_Z$M=]VH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@#!UOQ5#H=XEM)I.M79:,2>98Z?)
M.@R2,%E& >.GH1ZUQ]Y\>/"%B\D<T6JB>,X:$VFUP?3#$8KTZOE3]H"-(_B8
M650#)91,WN?F'\@!^% 'MM_\6M#M/#&FZO#;7EQ/J@/V+3D0&XE()7E02 ,C
MKS[9/%?,GCZYO[KQUK$^IV(LKR2?=);"02>5P,+N'WN,<C_ZU>X? GPG ^@Q
M>*[Y#/?.6@LG?!6"%"5.P=B6W@GT^ISX[\6/^2I>(/\ KX_]E6@#Z+7P9XW1
M'E/Q*N3<G^+^RH/+Q_N$_KFJ;^*?$O@6[@C\:-;:CH]S((DU>SB,;0-T_?1]
M #G.1TP>O 'I9Z&OBCQIJ6NZMXRU%-3GNY;I;F2!87)^0;SA%7L/84 ?:ZD,
MH93D$9!'>EK'\*1W47A#1([Y76\2P@6=7ZB01C<#[YS6Q0!P.J?\EPT#_L$7
M/_H2UWW:N!U3_DN&@?\ 8(N?_0EKONU !117&ZG\5?!6C:G<:=?ZVL-W;OLE
MC^S3-M/ID(10!V5%<UHOQ!\)>(;A+?2]=M)KA_N0L3'(_L%8 G\!72 @]#F@
M!:*P]5\7Z#HFLV&D:C?B"_OV5;:$Q.WF%FVCD @<\<D5N4 %%%<_I?C?P[K7
MB*]T#3]1\[4[+S/M$'DR+LV,$;YBH4X8@<$T =!1110 45@W7C3P]9>)H?#E
MQJ(35I]OEV_E.=V1D?,%V]O6MZ@ HHJIJ&JZ?I-F]YJ-Y!:VR?>EF<(H].3W
M]J +=%<'+\9_A]#(T;>(4)4X)2UG8?@0A!K:T'QWX7\3N(]'UJVN9B,B')20
MCN=C -^E '144@8-T-<GK?Q-\'^'=6FTO5M96VO8=IDB-O*V-P##E5(Z$=Z
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M0/:OG[X7?\G#>,OK??\ I4E 'T#1110!X!XJ_P"3H-%_[8?^@M7O]> >*O\
MDZ#1?^V'_H+5[_0 C$*I). !DGTKYK@M-5^.7Q"N9IKF>'PUI\A",@"F.,_=
M"@_QOM!).<?0**]X\:Q23^ _$4,*-)+)IERJ(@R6)B8  =S7F/[-\UN/"FL1
M#_CX6^#/_NE!M_4-0!W=C\+/!%C:?9X_#EC(I7:7GC\US_P)LD'Z5P'Q'^#-
MG#9MKW@]&L;VS42M;1N=K[>=R$\JXXZ'''0'K[?3)9$BC9Y&"HHRQ8\ =\T
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M_P!F[_D3M6_["'_M-:]-N[AKSP7<W3J%:?3FD*CH"8\_UKS+]F[_ )$[5O\
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MV212*&5U(Y!!X(J#4] TC6S$=5TNQO\ RL^7]JMTEV9QG;N!QG Z>E:"J%&
M  . * /GC1;VX^"?Q)GT;4)&;PWJA\R&0#<(QN(5SZ%?NMW(P<=*Z_XV^!KO
MQ=H%GJFDQFYO=.WGR8R,S1, 3M]2-H( Z@MCDBO1]3T#2-:,?]J:78WWE;O+
M^U6Z2[,XSC<#C.!GUP*NV]M#:6\=O;Q)#!$H2..-0JHH&  !P !VH \>\/\
M[06A-IT47B&VO+348D"3&.(.CN."1@Y&3DX(XZ9.*RO'/QHM?$VBS^'?"%E?
M7-WJ"F!Y&@_Y9L,,J+R22,CH,9)%>O:OX+\-:].;C5=$L;J<@ S20C>0!@ M
MU('UJ;1_"V@^'BQTC2+.R9EVL\,(5V&<X+=2,^] &#\*_"=QX.\#6VG7J+'?
M2R/<7**P8*[< 9'!(4*">F1QQ7,7WQA_X13QGJ^C>*+&[%FL^;&ZB@'^K('!
M!(W 'HPR>WO7K8&*H:IHFEZW (-5T^UOH5;<J7,*R!3C&1D<''<4 ?/_ ,3?
M'>G_ !-ATCPYX6L;J[O&NO,W/$$.=I4*"3P/F)). ,#GKCW_ $&P?2M T[3Y
M&W/:VL4#,.Y5 N?TJ+2?#.AZ#YATG2;*R:08=H(55F]B1R16M0!P/QI_Y))K
MOTA_]'1UG_ 3_DEMM_U\S?\ H5>BWVGV>IVKVM]:P75M)C?#/&'1L'(R#P>1
MFDT_3;'2;46NG65M9VX)816\2QH">IPH H M4444 %%%% &5J'A^SU*X,\\V
MI*Q7;BWU.X@7_OF-U'XXKEI?@O\ #^21I)="9W=BS,U]<$L3U)/F=:[ZO)_C
MOXJUGPWX:L(](N7M&O)V26>/AU4+G"M_#GU'/'6@#MM-\&:-HZVZ:>=2AB@(
M\J$:K=-&H!Z;#(5Q[$8KY2^*?_)3_$'K]J/\A7L/[/WB/7];AUN+5;ZZOK:!
MHGCFNI6D=7;<"H9LDC"@XSP?K7F?B?1G\4_'34-(@8@W6I^2SJ-VQ1]]L>P!
M/X4 ?5FC?\@/3_\ KVC_ /015ZFQQI%$D<:A410J@=@*=0!P.J?\EPT#_L$7
M/_H2UWW:N!U3_DN&@?\ 8(N?_0EKONU !1110 4444 %%%% &+KGA31/$A@_
MMG3(+WR-WE>;GY-V,XQZX'Y5?TW2[#2+)+/3K*"TMDY6*",(H/<X'?WJW10
M4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1
M110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%
M% !6-XH\,:;XOT*;2-5AWV\A#!EX>-AT9#V8?R)!R":V:* .$\(^%-?\%^&'
MT*RN-+O%C9VMKJ57B(+'.9$&[?@GLPX &>]3^"?A[;>$[F^U2XN3?ZYJ+M)=
MW;*%7+,6*HO\(R1GDYQVZ#M** "BBB@#B=2L;R3XQ:)?):SM:1Z7<1O.(R8U
M8L,*6Z GTKMJ** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **
M** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHH
<H **** "BBB@ HHHH **** "BBB@ HHHH __V0$!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>9
<FILENAME>R1.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.25.2</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Cover<br></strong></div></th>
<th class="th"><div>Sep. 15, 2025</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_CoverAbstract', window );"><strong>Cover [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentType', window );">Document Type</a></td>
<td class="text">8-K<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_AmendmentFlag', window );">Amendment Flag</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentPeriodEndDate', window );">Document Period End Date</a></td>
<td class="text">Sep. 15,  2025<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityFileNumber', window );">Entity File Number</a></td>
<td class="text">001-35169<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityRegistrantName', window );">Entity Registrant Name</a></td>
<td class="text">RLJ LODGING TRUST<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityCentralIndexKey', window );">Entity Central Index Key</a></td>
<td class="text">0001511337<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityTaxIdentificationNumber', window );">Entity Tax Identification Number</a></td>
<td class="text">27-4706509<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityIncorporationStateCountryCode', window );">Entity Incorporation, State or Country Code</a></td>
<td class="text">MD<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressAddressLine1', window );">Entity Address, Address Line One</a></td>
<td class="text">7373 Wisconsin Avenue<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressAddressLine2', window );">Entity Address, Address Line Two</a></td>
<td class="text">Suite
    1500<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressCityOrTown', window );">Entity Address, City or Town</a></td>
<td class="text">Bethesda<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressStateOrProvince', window );">Entity Address, State or Province</a></td>
<td class="text">MD<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressPostalZipCode', window );">Entity Address, Postal Zip Code</a></td>
<td class="text">20814<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_CityAreaCode', window );">City Area Code</a></td>
<td class="text">301<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_LocalPhoneNumber', window );">Local Phone Number</a></td>
<td class="text">280-7777<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_WrittenCommunications', window );">Written Communications</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SolicitingMaterial', window );">Soliciting Material</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_PreCommencementTenderOffer', window );">Pre-commencement Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_PreCommencementIssuerTenderOffer', window );">Pre-commencement Issuer Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">Common
    Shares of beneficial interest, par value $0.01 per share<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">RLJ<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NYSE<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityEmergingGrowthCompany', window );">Entity Emerging Growth Company</a></td>
<td class="text">false<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_AmendmentFlag">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_AmendmentFlag</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CityAreaCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Area code of city</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CityAreaCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CoverAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Cover page.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CoverAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentPeriodEndDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentPeriodEndDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:dateItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentType">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentType</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:submissionTypeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressAddressLine1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Address Line 1 such as Attn, Building Name, Street Name</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressAddressLine1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressAddressLine2">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Address Line 2 such as Street or Suite number</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressAddressLine2</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressCityOrTown">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the City or Town</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressCityOrTown</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressPostalZipCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Code for the postal or zip code</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressPostalZipCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressStateOrProvince">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the state or province.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressStateOrProvince</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:stateOrProvinceItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCentralIndexKey">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCentralIndexKey</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:centralIndexKeyItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityEmergingGrowthCompany">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Indicate if registrant meets the emerging growth company criteria.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityEmergingGrowthCompany</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityFileNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityFileNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:fileNumberItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityIncorporationStateCountryCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Two-character EDGAR code representing the state or country of incorporation.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityIncorporationStateCountryCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarStateCountryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityRegistrantName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityRegistrantName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityTaxIdentificationNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityTaxIdentificationNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:employerIdItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LocalPhoneNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Local phone number for entity.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LocalPhoneNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementIssuerTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 13e<br> -Subsection 4c<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementIssuerTenderOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 14d<br> -Subsection 2b<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementTenderOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_Security12bTitle">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Title of a 12(b) registered security.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_Security12bTitle</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:securityTitleItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SecurityExchangeName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the Exchange on which a security is registered.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection d1-1<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_SecurityExchangeName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarExchangeCodeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SolicitingMaterial">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 14a<br> -Subsection 12<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_SolicitingMaterial</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_TradingSymbol">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Trading symbol of an instrument as listed on an exchange.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_TradingSymbol</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:tradingSymbolItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_WrittenCommunications">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Securities Act<br> -Number 230<br> -Section 425<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_WrittenCommunications</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>10
<FILENAME>Show.js
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
// Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission.  Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105.
var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0);
e.removeAttribute('id');a.parentNode.appendChild(e)}}
if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'}
e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>11
<FILENAME>report.css
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
/* Updated 2009-11-04 */
/* v2.2.0.24 */

/* DefRef Styles */
.report table.authRefData{
	background-color: #def;
	border: 2px solid #2F4497;
	font-size: 1em;
	position: absolute;
}

.report table.authRefData a {
	display: block;
	font-weight: bold;
}

.report table.authRefData p {
	margin-top: 0px;
}

.report table.authRefData .hide {
	background-color: #2F4497;
	padding: 1px 3px 0px 0px;
	text-align: right;
}

.report table.authRefData .hide a:hover {
	background-color: #2F4497;
}

.report table.authRefData .body {
	height: 150px;
	overflow: auto;
	width: 400px;
}

.report table.authRefData table{
	font-size: 1em;
}

/* Report Styles */
.pl a, .pl a:visited {
	color: black;
	text-decoration: none;
}

/* table */
.report {
	background-color: white;
	border: 2px solid #acf;
	clear: both;
	color: black;
	font: normal 8pt Helvetica, Arial, san-serif;
	margin-bottom: 2em;
}

.report hr {
	border: 1px solid #acf;
}

/* Top labels */
.report th {
	background-color: #acf;
	color: black;
	font-weight: bold;
	text-align: center;
}

.report th.void	{
	background-color: transparent;
	color: #000000;
	font: bold 10pt Helvetica, Arial, san-serif;
	text-align: left;
}

.report .pl {
	text-align: left;
	vertical-align: top;
	white-space: normal;
	width: 200px;
	white-space: normal; /* word-wrap: break-word; */
}

.report td.pl a.a {
	cursor: pointer;
	display: block;
	width: 200px;
	overflow: hidden;
}

.report td.pl div.a {
	width: 200px;
}

.report td.pl a:hover {
	background-color: #ffc;
}

/* Header rows... */
.report tr.rh {
	background-color: #acf;
	color: black;
	font-weight: bold;
}

/* Calendars... */
.report .rc {
	background-color: #f0f0f0;
}

/* Even rows... */
.report .re, .report .reu {
	background-color: #def;
}

.report .reu td {
	border-bottom: 1px solid black;
}

/* Odd rows... */
.report .ro, .report .rou {
	background-color: white;
}

.report .rou td {
	border-bottom: 1px solid black;
}

.report .rou table td, .report .reu table td {
	border-bottom: 0px solid black;
}

/* styles for footnote marker */
.report .fn {
	white-space: nowrap;
}

/* styles for numeric types */
.report .num, .report .nump {
	text-align: right;
	white-space: nowrap;
}

.report .nump {
	padding-left: 2em;
}

.report .nump {
	padding: 0px 0.4em 0px 2em;
}

/* styles for text types */
.report .text {
	text-align: left;
	white-space: normal;
}

.report .text .big {
	margin-bottom: 1em;
	width: 17em;
}

.report .text .more {
	display: none;
}

.report .text .note {
	font-style: italic;
	font-weight: bold;
}

.report .text .small {
	width: 10em;
}

.report sup {
	font-style: italic;
}

.report .outerFootnotes {
	font-size: 1em;
}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>13
<FILENAME>FilingSummary.xml
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<XML>
<?xml version='1.0' encoding='utf-8'?>
<FilingSummary>
  <Version>3.25.2</Version>
  <ProcessingTime/>
  <ReportFormat>html</ReportFormat>
  <ContextCount>1</ContextCount>
  <ElementCount>23</ElementCount>
  <EntityCount>1</EntityCount>
  <FootnotesReported>false</FootnotesReported>
  <SegmentCount>0</SegmentCount>
  <ScenarioCount>0</ScenarioCount>
  <TuplesReported>false</TuplesReported>
  <UnitCount>3</UnitCount>
  <MyReports>
    <Report instance="tm2526402d1_8k.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R1.htm</HtmlFileName>
      <LongName>00000001 - Document - Cover</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://rljlodgingtrust.com/role/Cover</Role>
      <ShortName>Cover</ShortName>
      <MenuCategory>Cover</MenuCategory>
      <Position>1</Position>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <LongName>All Reports</LongName>
      <ReportType>Book</ReportType>
      <ShortName>All Reports</ShortName>
    </Report>
  </MyReports>
  <InputFiles>
    <File>rlj-20250915.xsd</File>
    <File>rlj-20250915_lab.xml</File>
    <File>rlj-20250915_pre.xml</File>
    <File doctype="8-K" isOnlyDei="true" isUsgaap="true" original="tm2526402d1_8k.htm">tm2526402d1_8k.htm</File>
  </InputFiles>
  <SupplementalFiles/>
  <BaseTaxonomies>
    <BaseTaxonomy items="23">http://xbrl.sec.gov/dei/2025</BaseTaxonomy>
  </BaseTaxonomies>
  <HasPresentationLinkbase>true</HasPresentationLinkbase>
  <HasCalculationLinkbase>false</HasCalculationLinkbase>
</FilingSummary>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>JSON
<SEQUENCE>15
<FILENAME>MetaLinks.json
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
{
 "version": "2.2",
 "instance": {
  "tm2526402d1_8k.htm": {
   "nsprefix": "rlj",
   "nsuri": "http://rljlodgingtrust.com/20250915",
   "dts": {
    "schema": {
     "local": [
      "rlj-20250915.xsd"
     ],
     "remote": [
      "http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xl-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xlink-2003-12-31.xsd",
      "http://www.xbrl.org/2005/xbrldt-2005.xsd",
      "http://www.xbrl.org/2006/ref-2006-02-27.xsd",
      "http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd",
      "http://www.xbrl.org/lrr/role/net-2009-12-16.xsd",
      "https://www.xbrl.org/2020/extensible-enumerations-2.0.xsd",
      "https://www.xbrl.org/dtr/type/2020-01-21/types.xsd",
      "https://www.xbrl.org/dtr/type/2024-01-31/types.xsd",
      "https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd",
      "https://xbrl.fasb.org/srt/2025/elts/srt-roles-2025.xsd",
      "https://xbrl.fasb.org/srt/2025/elts/srt-types-2025.xsd",
      "https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd",
      "https://xbrl.fasb.org/us-gaap/2025/elts/us-roles-2025.xsd",
      "https://xbrl.fasb.org/us-gaap/2025/elts/us-types-2025.xsd",
      "https://xbrl.sec.gov/country/2025/country-2025.xsd",
      "https://xbrl.sec.gov/dei/2025/dei-2025.xsd",
      "https://xbrl.sec.gov/stpr/2025/stpr-2025.xsd"
     ]
    },
    "labelLink": {
     "local": [
      "rlj-20250915_lab.xml"
     ]
    },
    "presentationLink": {
     "local": [
      "rlj-20250915_pre.xml"
     ]
    },
    "inline": {
     "local": [
      "tm2526402d1_8k.htm"
     ]
    }
   },
   "keyStandard": 23,
   "keyCustom": 0,
   "axisStandard": 0,
   "axisCustom": 0,
   "memberStandard": 0,
   "memberCustom": 0,
   "hidden": {
    "total": 2,
    "http://xbrl.sec.gov/dei/2025": 2
   },
   "contextCount": 1,
   "entityCount": 1,
   "segmentCount": 0,
   "elementCount": 59,
   "unitCount": 3,
   "baseTaxonomies": {
    "http://xbrl.sec.gov/dei/2025": 23
   },
   "report": {
    "R1": {
     "role": "http://rljlodgingtrust.com/role/Cover",
     "longName": "00000001 - Document - Cover",
     "shortName": "Cover",
     "isDefault": "true",
     "groupType": "document",
     "subGroupType": "",
     "menuCat": "Cover",
     "order": "1",
     "firstAnchor": {
      "contextRef": "AsOf2025-09-15",
      "name": "dei:DocumentType",
      "unitRef": null,
      "xsiNil": "false",
      "lang": "en-US",
      "decimals": null,
      "ancestors": [
       "span",
       "b",
       "p",
       "body",
       "html"
      ],
      "reportCount": 1,
      "baseRef": "tm2526402d1_8k.htm",
      "first": true,
      "unique": true
     },
     "uniqueAnchor": {
      "contextRef": "AsOf2025-09-15",
      "name": "dei:DocumentType",
      "unitRef": null,
      "xsiNil": "false",
      "lang": "en-US",
      "decimals": null,
      "ancestors": [
       "span",
       "b",
       "p",
       "body",
       "html"
      ],
      "reportCount": 1,
      "baseRef": "tm2526402d1_8k.htm",
      "first": true,
      "unique": true
     }
    }
   },
   "tag": {
    "dei_AmendmentDescription": {
     "xbrltype": "stringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "AmendmentDescription",
     "presentation": [
      "http://rljlodgingtrust.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Amendment Description",
        "documentation": "Description of changes contained within amended document."
       }
      }
     },
     "auth_ref": []
    },
    "dei_AmendmentFlag": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "AmendmentFlag",
     "presentation": [
      "http://rljlodgingtrust.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Amendment Flag",
        "documentation": "Boolean flag that is true when the XBRL content amends previously-filed or accepted submission."
       }
      }
     },
     "auth_ref": []
    },
    "dei_AnnualInformationForm": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "AnnualInformationForm",
     "presentation": [
      "http://rljlodgingtrust.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Annual Information Form",
        "documentation": "Boolean flag with value true on a form if it is an annual report containing an annual information form."
       }
      }
     },
     "auth_ref": [
      "r14"
     ]
    },
    "dei_AuditedAnnualFinancialStatements": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "AuditedAnnualFinancialStatements",
     "presentation": [
      "http://rljlodgingtrust.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Audited Annual Financial Statements",
        "documentation": "Boolean flag with value true on a form if it is an annual report containing audited financial statements."
       }
      }
     },
     "auth_ref": [
      "r14"
     ]
    },
    "dei_CityAreaCode": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "CityAreaCode",
     "presentation": [
      "http://rljlodgingtrust.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "City Area Code",
        "documentation": "Area code of city"
       }
      }
     },
     "auth_ref": []
    },
    "dei_CountryRegion": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "CountryRegion",
     "presentation": [
      "http://rljlodgingtrust.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Country Region",
        "documentation": "Region code of country"
       }
      }
     },
     "auth_ref": []
    },
    "dei_CoverAbstract": {
     "xbrltype": "stringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "CoverAbstract",
     "lang": {
      "en-us": {
       "role": {
        "label": "Cover [Abstract]",
        "documentation": "Cover page."
       }
      }
     },
     "auth_ref": []
    },
    "dei_CurrentFiscalYearEndDate": {
     "xbrltype": "gMonthDayItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "CurrentFiscalYearEndDate",
     "presentation": [
      "http://rljlodgingtrust.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Current Fiscal Year End Date",
        "documentation": "End date of current fiscal year in the format --MM-DD."
       }
      }
     },
     "auth_ref": []
    },
    "dei_DocumentAccountingStandard": {
     "xbrltype": "accountingStandardItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "DocumentAccountingStandard",
     "presentation": [
      "http://rljlodgingtrust.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Document Accounting Standard",
        "documentation": "The basis of accounting the registrant has used to prepare the financial statements included in this filing This can either be 'U.S. GAAP', 'International Financial Reporting Standards', or 'Other'."
       }
      }
     },
     "auth_ref": [
      "r13"
     ]
    },
    "dei_DocumentAnnualReport": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "DocumentAnnualReport",
     "presentation": [
      "http://rljlodgingtrust.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Document Annual Report",
        "documentation": "Boolean flag that is true only for a form used as an annual report."
       }
      }
     },
     "auth_ref": [
      "r11",
      "r13",
      "r14"
     ]
    },
    "dei_DocumentFiscalPeriodFocus": {
     "xbrltype": "fiscalPeriodItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "DocumentFiscalPeriodFocus",
     "presentation": [
      "http://rljlodgingtrust.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Document Fiscal Period Focus",
        "documentation": "Fiscal period values are FY, Q1, Q2, and Q3. 1st, 2nd and 3rd quarter 10-Q or 10-QT statements have value Q1, Q2, and Q3 respectively, with 10-K, 10-KT or other fiscal year statements having FY."
       }
      }
     },
     "auth_ref": []
    },
    "dei_DocumentFiscalYearFocus": {
     "xbrltype": "gYearItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "DocumentFiscalYearFocus",
     "presentation": [
      "http://rljlodgingtrust.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Document Fiscal Year Focus",
        "documentation": "This is focus fiscal year of the document report in YYYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006."
       }
      }
     },
     "auth_ref": []
    },
    "dei_DocumentPeriodEndDate": {
     "xbrltype": "dateItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "DocumentPeriodEndDate",
     "presentation": [
      "http://rljlodgingtrust.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Document Period End Date",
        "documentation": "For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD."
       }
      }
     },
     "auth_ref": []
    },
    "dei_DocumentPeriodStartDate": {
     "xbrltype": "dateItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "DocumentPeriodStartDate",
     "presentation": [
      "http://rljlodgingtrust.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Document Period Start Date",
        "documentation": "The start date of the period covered in the document, in YYYY-MM-DD format."
       }
      }
     },
     "auth_ref": []
    },
    "dei_DocumentQuarterlyReport": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "DocumentQuarterlyReport",
     "presentation": [
      "http://rljlodgingtrust.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Document Quarterly Report",
        "documentation": "Boolean flag that is true only for a form used as an quarterly report."
       }
      }
     },
     "auth_ref": [
      "r12"
     ]
    },
    "dei_DocumentRegistrationStatement": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "DocumentRegistrationStatement",
     "presentation": [
      "http://rljlodgingtrust.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Document Registration Statement",
        "documentation": "Boolean flag that is true only for a form used as a registration statement."
       }
      }
     },
     "auth_ref": [
      "r0"
     ]
    },
    "dei_DocumentShellCompanyEventDate": {
     "xbrltype": "dateItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "DocumentShellCompanyEventDate",
     "presentation": [
      "http://rljlodgingtrust.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Document Shell Company Event Date",
        "documentation": "Date of event requiring a shell company report."
       }
      }
     },
     "auth_ref": [
      "r13"
     ]
    },
    "dei_DocumentShellCompanyReport": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "DocumentShellCompanyReport",
     "presentation": [
      "http://rljlodgingtrust.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Document Shell Company Report",
        "documentation": "Boolean flag that is true for a Shell Company Report pursuant to section 13 or 15(d) of the Exchange Act."
       }
      }
     },
     "auth_ref": [
      "r13"
     ]
    },
    "dei_DocumentTransitionReport": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "DocumentTransitionReport",
     "presentation": [
      "http://rljlodgingtrust.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Document Transition Report",
        "documentation": "Boolean flag that is true only for a form used as a transition report."
       }
      }
     },
     "auth_ref": [
      "r15"
     ]
    },
    "dei_DocumentType": {
     "xbrltype": "submissionTypeItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "DocumentType",
     "presentation": [
      "http://rljlodgingtrust.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Document Type",
        "documentation": "The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'."
       }
      }
     },
     "auth_ref": []
    },
    "dei_DocumentsIncorporatedByReferenceTextBlock": {
     "xbrltype": "textBlockItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "DocumentsIncorporatedByReferenceTextBlock",
     "presentation": [
      "http://rljlodgingtrust.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Documents Incorporated by Reference [Text Block]",
        "documentation": "Documents incorporated by reference."
       }
      }
     },
     "auth_ref": [
      "r3"
     ]
    },
    "dei_EntityAddressAddressLine1": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "EntityAddressAddressLine1",
     "presentation": [
      "http://rljlodgingtrust.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Address, Address Line One",
        "documentation": "Address Line 1 such as Attn, Building Name, Street Name"
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityAddressAddressLine2": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "EntityAddressAddressLine2",
     "presentation": [
      "http://rljlodgingtrust.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Address, Address Line Two",
        "documentation": "Address Line 2 such as Street or Suite number"
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityAddressAddressLine3": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "EntityAddressAddressLine3",
     "presentation": [
      "http://rljlodgingtrust.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Address, Address Line Three",
        "documentation": "Address Line 3 such as an Office Park"
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityAddressCityOrTown": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "EntityAddressCityOrTown",
     "presentation": [
      "http://rljlodgingtrust.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Address, City or Town",
        "documentation": "Name of the City or Town"
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityAddressCountry": {
     "xbrltype": "countryCodeItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "EntityAddressCountry",
     "presentation": [
      "http://rljlodgingtrust.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Address, Country",
        "documentation": "ISO 3166-1 alpha-2 country code."
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityAddressPostalZipCode": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "EntityAddressPostalZipCode",
     "presentation": [
      "http://rljlodgingtrust.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Address, Postal Zip Code",
        "documentation": "Code for the postal or zip code"
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityAddressStateOrProvince": {
     "xbrltype": "stateOrProvinceItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "EntityAddressStateOrProvince",
     "presentation": [
      "http://rljlodgingtrust.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Address, State or Province",
        "documentation": "Name of the state or province."
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityBankruptcyProceedingsReportingCurrent": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "EntityBankruptcyProceedingsReportingCurrent",
     "presentation": [
      "http://rljlodgingtrust.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Bankruptcy Proceedings, Reporting Current",
        "documentation": "For registrants involved in bankruptcy proceedings during the preceding five years, the value Yes indicates that the registrant has filed all documents and reports required to be filed by Section 12, 13 or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court; the value No indicates the registrant has not. Registrants not involved in bankruptcy proceedings during the preceding five years should not report this element."
       }
      }
     },
     "auth_ref": [
      "r6"
     ]
    },
    "dei_EntityCentralIndexKey": {
     "xbrltype": "centralIndexKeyItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "EntityCentralIndexKey",
     "presentation": [
      "http://rljlodgingtrust.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Central Index Key",
        "documentation": "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK."
       }
      }
     },
     "auth_ref": [
      "r2"
     ]
    },
    "dei_EntityCommonStockSharesOutstanding": {
     "xbrltype": "sharesItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "EntityCommonStockSharesOutstanding",
     "presentation": [
      "http://rljlodgingtrust.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Common Stock, Shares Outstanding",
        "documentation": "Indicate number of shares or other units outstanding of each of registrant's classes of capital or common stock or other ownership interests, if and as stated on cover of related periodic report. Where multiple classes or units exist define each class/interest by adding class of stock items such as Common Class A [Member], Common Class B [Member] or Partnership Interest [Member] onto the Instrument [Domain] of the Entity Listings, Instrument."
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityCurrentReportingStatus": {
     "xbrltype": "yesNoItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "EntityCurrentReportingStatus",
     "presentation": [
      "http://rljlodgingtrust.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Current Reporting Status",
        "documentation": "Indicate 'Yes' or 'No' whether registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days. This information should be based on the registrant's current or most recent filing containing the related disclosure."
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityEmergingGrowthCompany": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "EntityEmergingGrowthCompany",
     "presentation": [
      "http://rljlodgingtrust.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Emerging Growth Company",
        "documentation": "Indicate if registrant meets the emerging growth company criteria."
       }
      }
     },
     "auth_ref": [
      "r2"
     ]
    },
    "dei_EntityExTransitionPeriod": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "EntityExTransitionPeriod",
     "presentation": [
      "http://rljlodgingtrust.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Elected Not To Use the Extended Transition Period",
        "documentation": "Indicate if an emerging growth company has elected not to use the extended transition period for complying with any new or revised financial accounting standards."
       }
      }
     },
     "auth_ref": [
      "r19"
     ]
    },
    "dei_EntityFileNumber": {
     "xbrltype": "fileNumberItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "EntityFileNumber",
     "presentation": [
      "http://rljlodgingtrust.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity File Number",
        "documentation": "Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen."
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityFilerCategory": {
     "xbrltype": "filerCategoryItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "EntityFilerCategory",
     "presentation": [
      "http://rljlodgingtrust.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Filer Category",
        "documentation": "Indicate whether the registrant is one of the following: Large Accelerated Filer, Accelerated Filer, Non-accelerated Filer. Definitions of these categories are stated in Rule 12b-2 of the Exchange Act. This information should be based on the registrant's current or most recent filing containing the related disclosure."
       }
      }
     },
     "auth_ref": [
      "r2"
     ]
    },
    "dei_EntityIncorporationStateCountryCode": {
     "xbrltype": "edgarStateCountryItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "EntityIncorporationStateCountryCode",
     "presentation": [
      "http://rljlodgingtrust.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Incorporation, State or Country Code",
        "documentation": "Two-character EDGAR code representing the state or country of incorporation."
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityInteractiveDataCurrent": {
     "xbrltype": "yesNoItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "EntityInteractiveDataCurrent",
     "presentation": [
      "http://rljlodgingtrust.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Interactive Data Current",
        "documentation": "Boolean flag that is true when the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files)."
       }
      }
     },
     "auth_ref": [
      "r16"
     ]
    },
    "dei_EntityPrimarySicNumber": {
     "xbrltype": "sicNumberItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "EntityPrimarySicNumber",
     "presentation": [
      "http://rljlodgingtrust.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Primary SIC Number",
        "documentation": "Primary Standard Industrial Classification (SIC) Number for the Entity."
       }
      }
     },
     "auth_ref": [
      "r14"
     ]
    },
    "dei_EntityPublicFloat": {
     "xbrltype": "monetaryItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "EntityPublicFloat",
     "crdr": "credit",
     "presentation": [
      "http://rljlodgingtrust.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Public Float",
        "documentation": "The aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was last sold, or the average bid and asked price of such common equity, as of the last business day of the registrant's most recently completed second fiscal quarter."
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityRegistrantName": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "EntityRegistrantName",
     "presentation": [
      "http://rljlodgingtrust.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Registrant Name",
        "documentation": "The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC."
       }
      }
     },
     "auth_ref": [
      "r2"
     ]
    },
    "dei_EntityShellCompany": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "EntityShellCompany",
     "presentation": [
      "http://rljlodgingtrust.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Shell Company",
        "documentation": "Boolean flag that is true when the registrant is a shell company as defined in Rule 12b-2 of the Exchange Act."
       }
      }
     },
     "auth_ref": [
      "r2"
     ]
    },
    "dei_EntitySmallBusiness": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "EntitySmallBusiness",
     "presentation": [
      "http://rljlodgingtrust.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Small Business",
        "documentation": "Indicates that the company is a Smaller Reporting Company (SRC)."
       }
      }
     },
     "auth_ref": [
      "r2"
     ]
    },
    "dei_EntityTaxIdentificationNumber": {
     "xbrltype": "employerIdItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "EntityTaxIdentificationNumber",
     "presentation": [
      "http://rljlodgingtrust.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Tax Identification Number",
        "documentation": "The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS."
       }
      }
     },
     "auth_ref": [
      "r2"
     ]
    },
    "dei_EntityVoluntaryFilers": {
     "xbrltype": "yesNoItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "EntityVoluntaryFilers",
     "presentation": [
      "http://rljlodgingtrust.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Voluntary Filers",
        "documentation": "Indicate 'Yes' or 'No' if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act."
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityWellKnownSeasonedIssuer": {
     "xbrltype": "yesNoItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "EntityWellKnownSeasonedIssuer",
     "presentation": [
      "http://rljlodgingtrust.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Well-known Seasoned Issuer",
        "documentation": "Indicate 'Yes' or 'No' if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Is used on Form Type: 10-K, 10-Q, 8-K, 20-F, 6-K, 10-K/A, 10-Q/A, 20-F/A, 6-K/A, N-CSR, N-Q, N-1A."
       }
      }
     },
     "auth_ref": [
      "r17"
     ]
    },
    "dei_Extension": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "Extension",
     "presentation": [
      "http://rljlodgingtrust.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Extension",
        "documentation": "Extension number for local phone number."
       }
      }
     },
     "auth_ref": []
    },
    "dei_LocalPhoneNumber": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "LocalPhoneNumber",
     "presentation": [
      "http://rljlodgingtrust.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Local Phone Number",
        "documentation": "Local phone number for entity."
       }
      }
     },
     "auth_ref": []
    },
    "dei_NoTradingSymbolFlag": {
     "xbrltype": "trueItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "NoTradingSymbolFlag",
     "presentation": [
      "http://rljlodgingtrust.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "No Trading Symbol Flag",
        "documentation": "Boolean flag that is true only for a security having no trading symbol."
       }
      }
     },
     "auth_ref": []
    },
    "dei_OtherReportingStandardItemNumber": {
     "xbrltype": "otherReportingStandardItemNumberItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "OtherReportingStandardItemNumber",
     "presentation": [
      "http://rljlodgingtrust.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Other Reporting Standard Item Number",
        "documentation": "\"Item 17\" or \"Item 18\" specified when the basis of accounting is neither US GAAP nor IFRS."
       }
      }
     },
     "auth_ref": [
      "r13"
     ]
    },
    "dei_PreCommencementIssuerTenderOffer": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "PreCommencementIssuerTenderOffer",
     "presentation": [
      "http://rljlodgingtrust.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Pre-commencement Issuer Tender Offer",
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act."
       }
      }
     },
     "auth_ref": [
      "r7"
     ]
    },
    "dei_PreCommencementTenderOffer": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "PreCommencementTenderOffer",
     "presentation": [
      "http://rljlodgingtrust.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Pre-commencement Tender Offer",
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act."
       }
      }
     },
     "auth_ref": [
      "r9"
     ]
    },
    "dei_Security12bTitle": {
     "xbrltype": "securityTitleItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "Security12bTitle",
     "presentation": [
      "http://rljlodgingtrust.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Title of 12(b) Security",
        "documentation": "Title of a 12(b) registered security."
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "dei_Security12gTitle": {
     "xbrltype": "securityTitleItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "Security12gTitle",
     "presentation": [
      "http://rljlodgingtrust.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Title of 12(g) Security",
        "documentation": "Title of a 12(g) registered security."
       }
      }
     },
     "auth_ref": [
      "r5"
     ]
    },
    "dei_SecurityExchangeName": {
     "xbrltype": "edgarExchangeCodeItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "SecurityExchangeName",
     "presentation": [
      "http://rljlodgingtrust.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Security Exchange Name",
        "documentation": "Name of the Exchange on which a security is registered."
       }
      }
     },
     "auth_ref": [
      "r4"
     ]
    },
    "dei_SecurityReportingObligation": {
     "xbrltype": "securityReportingObligationItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "SecurityReportingObligation",
     "presentation": [
      "http://rljlodgingtrust.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Security Reporting Obligation",
        "documentation": "15(d), indicating whether the security has a reporting obligation under that section of the Exchange Act."
       }
      }
     },
     "auth_ref": [
      "r10"
     ]
    },
    "dei_SolicitingMaterial": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "SolicitingMaterial",
     "presentation": [
      "http://rljlodgingtrust.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Soliciting Material",
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act."
       }
      }
     },
     "auth_ref": [
      "r8"
     ]
    },
    "dei_TradingSymbol": {
     "xbrltype": "tradingSymbolItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "TradingSymbol",
     "presentation": [
      "http://rljlodgingtrust.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Trading Symbol",
        "documentation": "Trading symbol of an instrument as listed on an exchange."
       }
      }
     },
     "auth_ref": []
    },
    "dei_WrittenCommunications": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "WrittenCommunications",
     "presentation": [
      "http://rljlodgingtrust.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Written Communications",
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act."
       }
      }
     },
     "auth_ref": [
      "r18"
     ]
    }
   }
  }
 },
 "std_ref": {
  "r0": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Exchange Act",
   "Number": "240",
   "Section": "12"
  },
  "r1": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Exchange Act",
   "Number": "240",
   "Section": "12",
   "Subsection": "b"
  },
  "r2": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Exchange Act",
   "Number": "240",
   "Section": "12",
   "Subsection": "b-2"
  },
  "r3": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Exchange Act",
   "Number": "240",
   "Section": "12",
   "Subsection": "b-23"
  },
  "r4": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Exchange Act",
   "Number": "240",
   "Section": "12",
   "Subsection": "d1-1"
  },
  "r5": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Exchange Act",
   "Number": "240",
   "Section": "12",
   "Subsection": "g"
  },
  "r6": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Exchange Act",
   "Number": "240",
   "Section": "12, 13, 15d"
  },
  "r7": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Exchange Act",
   "Number": "240",
   "Section": "13e",
   "Subsection": "4c"
  },
  "r8": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Exchange Act",
   "Number": "240",
   "Section": "14a",
   "Subsection": "12"
  },
  "r9": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Exchange Act",
   "Number": "240",
   "Section": "14d",
   "Subsection": "2b"
  },
  "r10": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Exchange Act",
   "Number": "240",
   "Section": "15",
   "Subsection": "d"
  },
  "r11": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Form 10-K",
   "Number": "249",
   "Section": "310"
  },
  "r12": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Form 10-Q",
   "Number": "240",
   "Section": "308",
   "Subsection": "a"
  },
  "r13": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Form 20-F",
   "Number": "249",
   "Section": "220",
   "Subsection": "f"
  },
  "r14": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Form 40-F",
   "Number": "249",
   "Section": "240",
   "Subsection": "f"
  },
  "r15": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Forms 10-K, 10-Q, 20-F",
   "Number": "240",
   "Section": "13",
   "Subsection": "a-1"
  },
  "r16": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Regulation S-T",
   "Number": "232",
   "Section": "405"
  },
  "r17": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Securities Act",
   "Number": "230",
   "Section": "405"
  },
  "r18": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Securities Act",
   "Number": "230",
   "Section": "425"
  },
  "r19": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Securities Act",
   "Number": "7A",
   "Section": "B",
   "Subsection": "2"
  }
 }
}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>ZIP
<SEQUENCE>16
<FILENAME>0001104659-25-091234-xbrl.zip
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
begin 644 0001104659-25-091234-xbrl.zip
M4$L#!!0    ( *Z ,EOAR[((*@,  /0+   0    <FQJ+3(P,C4P.3$U+GAS
M9+56VW+:,!!][TS_0?5KQMB&D@8"R:3)I$.')!W(K7GI"'LA"K+D2G(@_?I*
MOG SN$!;/\FK<\[N:G=EMTZG(46O("3AK&UY%=="P'P>$#9J6W=]^ZQ_WNE8
MZ/3D_3NDG]8'VT:7!&C01!?<MSMLR(_1-0ZAB;X  X$5%\?H'M/86/@EH2#0
M.0\C"@KT1NJIB0XKW@#9]A:R]\ "+NYZG9GLLU*1;#K.9#*I,/Z*)UR,9<7G
MX7:"?855+&=J[M3-GNWH5T3Z,_(!/JM//DU[Y'$$["CNXMJ3_X"K9_'@)OCU
MU#OH?Q]/5?C9'?0I=M[&HOXBK[\2P+W[\.'H5G92ERWI/T.(D:X%DVW+Y)>E
M-ZE5N!@Y5=?UG,>K;C_!62FP.:6$C=?!O4:CX22[.;2 G X$S:5KCMD>8 DS
M9;U+2O"$2869OX0/U(RP"*X[Z>82E*R%'J90DD,#6,%)\"LC_NKH#8VOUG-@
M+.T1QM$,/,1RD(AF&TM@*501J(VK(%N]12#70M.M)8*@+S.H7E,>C/0(*1%+
M93HSP;H-3^.!0@A,77(17L 0QU2'\S/&E P)!!926(Q F5:3$?9A.]&\;3%C
M7'>WGK#,8FQ11'3[S@S:9,K=%)S"K<X#F84>KU)/!N.<<WU16(@$;2M=+FCF
MJ@$,"2-)!-E4><@V,Q2;I/4R8;:<57!1*980W+"39!T)D)J>9-;5AHR?0<JY
M/J9^3/>BSN,K8V;V_#P+!YT/5P^&*!G*IFF?MB6)N16MS/8L8-BV]-G;>55_
MZ*PKNKMRA'%0,I-)B58/*O.;2V#A%U0*=X86X1$(172++UP,:>1$&?JW!3?(
M^)$6<OY=XA0/=DU<4X#^QXR[1K^8:LM9'B_]OCJ"+9TM%PJQPDB7W:OI%Z'+
M_42JA&+>[)QG&Y/M5>V:5YG*8![I+D',3V"W('+>'D%LN-W7^9>;X&:1M-"V
M3C=\)4J=KN4X0)7,+7N'L/A-^8L8$IF=@E@J9Z"$8R2,Z$?;]701-X?S)V;R
M+O=J I_'3(FW71IAD9*_[%>-^=_ =H7(\6D1S _"OF[WZ(*B\W4MT')2-;W\
M#5!+ P04    " "N@#);?*-.P/T*  !_A@  %    ')L:BTR,#(U,#DQ-5]L
M86(N>&ULS9U=;^.X%8;O"_0_L.Y-"XSC<8)=(-G)+C*>9&%L-DECSVS;1;&@
M)<810I,!)2?VOR\IB;)$\4A*BI*<BQF/^![JI?B8I+Z./_VTVU#T0D2:<'8^
MFAY]'"'"(AXG;'T^^KH87RQF\_D(I1EF,::<D?,1XZ.??OSSGY#\\^DOXS&Z
M2@B-S] 7'HWG[('_@&[PAIRAGPDC F=<_("^8;I56_A50HE ,[YYIB0CLJ#8
M\1GZ_FBZ0N/Q@&J_$19S\?5^7E7[F&7/Z=ED\OKZ>L3X"W[EXBD]BOAF6(6+
M#&?;M*KMX^YC^:<(_T03]G2F_EKAE"!YN%AZMDN3\Y':;[G;UY,C+M:3XX\?
MIY-__GJ]B![)!H\3I@Y;1$8Z2M5BBYN>GIY.\E(M;2EW*T'U/DXFVDY5LRQ-
M.O0U)VEREN;VKGF$L[S7>W>#0(7ZWUC+QFK3>'H\/ID>[=)XI ]^?@0%I^2>
M/*"\F6?9_EF2E"8*A%&Y[5&0![L9*L1$Q4\86>.,Q&I'IVI'T^_5COY:;K[&
M*T)'2"DE'V"[3AMUE4$3UV;OB$AX?,G>Y]J,]F1??G=$]C\TH![OO E+GF'Z
M+O/U2.>V;\C[CO@ASOV1EL,\>=^1KD7^7VQG;<MO/KSVXTK5QFOYJ6&1[#(Y
M@9%8FU15=(S ^1[RB:&LNZJ=1XUZJ1K-N6BW7<V,>9TIB8[6_&42DT36??R=
M^C!6'_)FR__\,>-R(7"Q2C.!HTS7E#?C?&0IGYB6E/)":%]81#V-*Q63B,NI
MZ3D;T^(P%N$/@F^LNRU;S2V%?]!5%5\<%KD+P&A#)DC*MR(B;^J5NEOH*)6.
M-E0JU(J*L/'7Q>C'7(-^UZK_?)H<:G'0T7()M-T0EBUEC986-(M==;/-E.[E
M>ED0G6PQ9/:QEB"E<=S!%W+'L=KY%<5KBWVCW%476VWI/FX4!M')-D=F+U<:
MI$2^NOD+22.1/*OE?%<[&C+GG6XQV>K[FB8L!-K&8!)J6D\#^SU9)VIJ41;4
M^2U1&SN&,4#O>NCOM&W.!59Q$- ,<0C.%O4@5$5YXNB"L2VF]^29BRY\FC+7
MU-A,FK#4-4$Q8C$&HE%H42'V1,0_MO*,G0BZ[X6BI73-!6#51,.0!46'W1L(
M2"7WR\A28)8F:@#KA:0M=7ZZ 9AMG7H8NJ X <S!IR25WB\IBT="J;H=@%G_
M@&(3NZ8%-FSRTE8&10QH#V0FCT!E2#C87+ZHU;E<)@UL;$WO$YZ6[2Y^*G&P
M")D.!U*4AR$5YXFDVFV('H9:2M?T %9-;@Q94,38O8&L%'*4Z_U#<LGB08A4
M.C^ &#;M>)2B .%H.NM#0ZI]@G&5I!&FA9<KN2WM:)Y%ZQH0T*X)24L8%"B0
M.Q"6(D SDX=X!>9?!(MAN-24?F!I6;6C4LD"!,7TUH>)TGN!9+85HN$:GG%@
MJ;.;LCUFJ_NS@"X(4'K,M>[:%O(&*)YFH$N6)=E>/4YWL]VLB+ TKBUQQ09D
M3C-AE@?! F#*9*"0(:5#A=!+S^N[!"Q3#S&"S3%E;@FPFVQ2T-0$1(+5&$##
M09L_4^J%B)D<F02F<Q:3W2]D#[:KI7/+!&"S"84A"H@*NS, BU*,<C62<B]@
MW(ED@\5^D40]4T5;Z!8-R&B3#5,5$!R -8".4HT6\YG/F62)=_-8@IH\),7S
MX#V4@'JWL/38;C(#B -"I]LA0) ,0LTHGR#-6<3%,Z\][C#C6SD [F<\AE<H
M/5%NH1K4A"9:G2$! 3;$)X!9(_1#\4P*XNHUGKP"I&KP0MQ%',L#E9;_7">,
M3,'V6[5NZ>JPVV3*(@R()-@=P$^I_* _(!6#;EDHT!R_H:G'_J$Y'@K-<=#0
M'+\'FN4K#P2:DS<T]<0_-"=#H3D)&IJ3=T$C.][K6#.3'V_%DK_:'LX&E5Z0
M:5NU G.0A8=+RUL?+"I K6=4B$],\H75K;@3_"5A$;QDAN1>@ %,6ZDQM.&A
M8S?8QT^U(-9Q7L>:8E'>^R71,C^C3-.D?8@I-.%!TC36.[@4:I](W/$TP_3?
MR7/GB;A=[ 4/JV$K) UE>*C8[/4!4\0@&>3CQ+K$5=W0L+Y*9I2[>P788NOP
M"G"M, @(;([:KP 75T\*D>MN5HP*@H$1H5GLK),MIJH^KI6%T<5M0ZT>SK_7
M4N/CBZRRN]"[1\[@!P3:$E<]#9G3O6V6!]'C@"FSUW,9RG6>KL:K#!.I??BN
ME3F;V4T[U42N"X+H7=--:YK6Y8Y[\S>19'+/,[[9;%EYE\?VW""@<]7+G39U
MCUM%0?1^ES.3A%*+FF+'6"PX3:(D2]CZ5WGR*1)L:Y5-Y H(V*"FH:T( @70
MELG!08BTTC$$=X(H"(GLB/PE0)582-P^/%AG^RZQ*RCZ#6LX8&40D/3:,V&1
M >.H%H&*$)3'^,5FGJ9;(MX$CR7$$T*@>0"DECY$G""3O5 5@3[96I!H*^?'
M_?1XM4PR:CNY;$N<S4F N6I&,LJ#8 ,P9;*0ER'^@*;'?UO]'>DHQ]U_PY<"
MJ]RQB_UFQ2F0?<JJ<@5!AT7-@442! JP+Y.&&XY**2JT/K)3-<Q:FF.4NP+
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MT^;;E#9M0 AU&@3?GZQB5*H8K)GREC)&S.12:\T[GA(W5.X3Q[0LMG/'5)*
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M;4K!EV2&37LZ WG3=8NJ<ATA"58>/X.$*_[GM8%Y7%%,7:>6 /+[?T4R&T"
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M*Y0Y#H)ECFE:C?N#U 0%[C&!.JDC?]%#FHZA3(.0<-THZG(72U.:A(U#&$K
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MQ23JU8*O'+CP0=IWBRR'G3*,5X;36U:&)W3!XL[K4\0ID/X<#4X@S!7T8FN
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M*V)GL?7@E*_S&K%ZA?^6^MX ^F%:\]0KW>>6#^C,XC<]MG],WU,Z)9IFI-_
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MT"CL,[4"\U) .,-"G1-PS$;)[<>]/F&Q-6"HNN95@0F(1D0DAK4OQ[JOA%4
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M*(HQ P<.EBQU(9!@9K'T,;#*W+)<UKZ 5RJ&KS<^XSN)9*/_!RTR*LWEEYK
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MDHVV'>Q42+T?Z_$AG0B>1"X@)C[<<^R8)TN#G%R</ :'I)@@.56+H02RD?6
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M#+NDSC<MHA++6:$S;DU)3P#U5V9Z6:A=#X&[<G/FMWQSWG49-E2JZEAK"Z[
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MG><JU3(H<S<0%QHGB"ML2@+2$;5(0A=B8[C^JM<<DF'[3)E42'$CG5;ACB1
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M=I">.3=OBU/IPU<Q:/KCISY_!BX;O1[B;XU^UAA_YT@_A_P/4$L! A0#%
M  @ KH R6^'+L@@J P  ] L  !               ( !     ')L:BTR,#(U
M,#DQ-2YX<V102P$"% ,4    " "N@#);?*-.P/T*  !_A@  %
M    @ %8 P  <FQJ+3(P,C4P.3$U7VQA8BYX;6Q02P$"% ,4    " "N@#);
M<]509UT'  #A5P  %               @ &'#@  <FQJ+3(P,C4P.3$U7W!R
M92YX;6Q02P$"% ,4    " "N@#);KAOFYG$7  ">?   $@
M@ $6%@  =&TR-3(V-# R9#%?.&LN:'1M4$L! A0#%     @ KH R6X?,KF !
M50  ZT\" !8              ( !MRT  '1M,C4R-C0P,F0Q7V5X,3 M,2YH
M=&U02P$"% ,4    " "N@#);BI::@#D+   5*0  %@              @ 'L
M@@  =&TR-3(V-# R9#%?97@Y.2TQ+FAT;5!+!08     !@ & (H!  !9C@
"   !

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>17
<FILENAME>tm2526402d1_8k_htm.xml
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<XML>
<?xml version="1.0" encoding="utf-8"?>
<xbrl
  xmlns="http://www.xbrl.org/2003/instance"
  xmlns:dei="http://xbrl.sec.gov/dei/2025"
  xmlns:iso4217="http://www.xbrl.org/2003/iso4217"
  xmlns:link="http://www.xbrl.org/2003/linkbase"
  xmlns:xlink="http://www.w3.org/1999/xlink">
    <link:schemaRef xlink:href="rlj-20250915.xsd" xlink:type="simple"/>
    <context id="AsOf2025-09-15">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001511337</identifier>
        </entity>
        <period>
            <startDate>2025-09-15</startDate>
            <endDate>2025-09-15</endDate>
        </period>
    </context>
    <unit id="USD">
        <measure>iso4217:USD</measure>
    </unit>
    <unit id="Shares">
        <measure>shares</measure>
    </unit>
    <unit id="USDPShares">
        <divide>
            <unitNumerator>
                <measure>iso4217:USD</measure>
            </unitNumerator>
            <unitDenominator>
                <measure>shares</measure>
            </unitDenominator>
        </divide>
    </unit>
    <dei:AmendmentFlag contextRef="AsOf2025-09-15" id="Fact000003">false</dei:AmendmentFlag>
    <dei:EntityCentralIndexKey contextRef="AsOf2025-09-15" id="Fact000004">0001511337</dei:EntityCentralIndexKey>
    <dei:DocumentType contextRef="AsOf2025-09-15" id="Fact000009">8-K</dei:DocumentType>
    <dei:DocumentPeriodEndDate contextRef="AsOf2025-09-15" id="Fact000010">2025-09-15</dei:DocumentPeriodEndDate>
    <dei:EntityRegistrantName contextRef="AsOf2025-09-15" id="Fact000011">RLJ LODGING TRUST</dei:EntityRegistrantName>
    <dei:EntityIncorporationStateCountryCode contextRef="AsOf2025-09-15" id="Fact000012">MD</dei:EntityIncorporationStateCountryCode>
    <dei:EntityFileNumber contextRef="AsOf2025-09-15" id="Fact000013">001-35169</dei:EntityFileNumber>
    <dei:EntityTaxIdentificationNumber contextRef="AsOf2025-09-15" id="Fact000014">27-4706509</dei:EntityTaxIdentificationNumber>
    <dei:EntityAddressAddressLine1 contextRef="AsOf2025-09-15" id="Fact000015">7373 Wisconsin Avenue</dei:EntityAddressAddressLine1>
    <dei:EntityAddressAddressLine2 contextRef="AsOf2025-09-15" id="Fact000016">Suite     1500</dei:EntityAddressAddressLine2>
    <dei:EntityAddressCityOrTown contextRef="AsOf2025-09-15" id="Fact000017">Bethesda</dei:EntityAddressCityOrTown>
    <dei:EntityAddressStateOrProvince contextRef="AsOf2025-09-15" id="Fact000018">MD</dei:EntityAddressStateOrProvince>
    <dei:EntityAddressPostalZipCode contextRef="AsOf2025-09-15" id="Fact000019">20814</dei:EntityAddressPostalZipCode>
    <dei:CityAreaCode contextRef="AsOf2025-09-15" id="Fact000020">301</dei:CityAreaCode>
    <dei:LocalPhoneNumber contextRef="AsOf2025-09-15" id="Fact000021">280-7777</dei:LocalPhoneNumber>
    <dei:WrittenCommunications contextRef="AsOf2025-09-15" id="Fact000022">false</dei:WrittenCommunications>
    <dei:SolicitingMaterial contextRef="AsOf2025-09-15" id="Fact000023">false</dei:SolicitingMaterial>
    <dei:PreCommencementTenderOffer contextRef="AsOf2025-09-15" id="Fact000024">false</dei:PreCommencementTenderOffer>
    <dei:PreCommencementIssuerTenderOffer contextRef="AsOf2025-09-15" id="Fact000025">false</dei:PreCommencementIssuerTenderOffer>
    <dei:Security12bTitle contextRef="AsOf2025-09-15" id="Fact000026">Common     Shares of beneficial interest, par value $0.01 per share</dei:Security12bTitle>
    <dei:TradingSymbol contextRef="AsOf2025-09-15" id="Fact000027">RLJ</dei:TradingSymbol>
    <dei:SecurityExchangeName contextRef="AsOf2025-09-15" id="Fact000028">NYSE</dei:SecurityExchangeName>
    <dei:EntityEmergingGrowthCompany contextRef="AsOf2025-09-15" id="Fact000029">false</dei:EntityEmergingGrowthCompany>
</xbrl>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
