Is it just me or is a rotary engine more or less a 2-stroke?
It's just you
Rotary is a 4 "stroke" engine but without the stroke, rotor has separate intake, compression, power and exhaust positions.
As the rotor turns the same place in the block would be the intake "section" each time, and the compression section and the power section and then exhaust section, so the block had 4 sections that the rotor would spin through.
One of the benefits and drawbacks is that the block would have a cold side, intake/compression and a hot side, power/exhaust.
Piston engines use the same space in the block/head for these 4 "strokes", so has an stable average temperature inside the cylinder.
Because the rotary engine had a cold side, and because of the shape of the combustion chamber, it could run lower octane fuel and even hydrogen gas without pre-ignition issues.
Drawback was that because of the thermal differences in the block the metallurgy was a challenge, even with a water jacket to equalize temps it was still a challenge.
The shape of the combustion chamber also made it less efficient than a piston engine, so MPG was lower for the same power output, this meant more unburned hydro-carbons in the exhaust, a no-no for emission, but it burned cooler so had lower NOx level.
The hydro-carbon issue was addressed by running engine rich enough to support a reburn in a thermal reactor inside exhaust manifold, similar to Cat converter but much less expensive.
Unfortunately this lowered the MPG even more.
Rotary had it's Pluses, but more Minuses in the consumer market so the volume of production cars sold couldn't support the cost of building them.