CLDT earnings
Chatham Lodging Trust (REIT) (CLDT) earnings releases and earnings dates - real-time wire coverage of every quarterly report.
Recent earnings items
- Chatham Lodging Announces First Quarter 2026 ResultsIncreases Guidance 15% following Strong Operating Results, Accretive Acquisition and Share Repurchases Chatham Lodging Trust (NYSE:CLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels, today announced results for the first quarter ended March 31, 2026. First Quarter 2026 Key Operating Metrics Portfolio Revenue Per Available Room (RevPAR) – Increased 1 percent to $128 compared to the 2025 first quarter for the 39 comparable hotels. Occupancy increased 15 basis points to 73 percent and average daily rate (ADR) rose 80 basis points to $177, which represents an all-time first quarter record. RevPA
- Chatham Lodging Trust Announces First Quarter 2026 Earnings Call to be Held on Thursday, May 7, 2026Chatham Lodging Trust (NYSE:CLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels, today announced that it will report first quarter 2026 financial results on Thursday, May 7, 2026, before the opening of the market. That same day at 11:00 a.m. ET, Jeffrey H. Fisher, Chatham's chief executive officer, Dennis M. Craven, executive vice president and chief operating officer, and Jeremy Wegner, senior vice president and chief financial officer, will host a conference call to review first quarter 2026 financial results. Shareholders and other interested parties may listen to a simultaneous webcast of the con
- Chatham Lodging Announces Fourth Quarter 2025 ResultsChatham Lodging Trust (NYSE:CLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels, today announced results for the fourth quarter ended December 31, 2025. Fourth Quarter 2025 Key Items Portfolio Revenue Per Available Room (RevPAR) – Declined 1.8 percent to $131 compared to 2024 fourth quarter RevPAR of $133 for the 33 comparable hotels. Average daily rate (ADR) decreased 0.9 percent to $179, and occupancy slipped 70 basis points to 73 percent. Net Income (loss) – Earned net income applicable to common shareholders of $3 million in the 2025 fourth quarter compared to a loss of $4 million in the 20
- Chatham Lodging Announces Date of 2026 Annual Meeting of ShareholdersChatham Lodging Trust (NYSE:CLDT), a hotel real estate investment trust (REIT) focused on investing in upscale extended-stay hotels and premium-branded select-service hotels ("Chatham" or the "Company"), today announced that its Board of Trustees (the "Board") has set the date for the Company's 2026 annual meeting of shareholders for May 12, 2026 at 10:00 a.m. EDT. The meeting will be held at the Company's corporate offices located at 222 Lakeview Avenue, Suite 200, West Palm Beach, Fla., 33401. The record date for determining shareholders entitled to notice of, and to vote at, the annual meeting will be the close of business on March 16, 2026. About Chatham Lodging Trust Chatham Lodg
- Chatham Lodging Trust Announces Fourth Quarter 2025 Earnings Call to be Held on Wednesday, February 25, 2026Chatham Lodging Trust (NYSE:CLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels, today announced that it will report fourth quarter 2025 financial results on Wednesday, February 25, 2026, before the opening of the market. That same day at 10:30 a.m. ET, Jeffrey H. Fisher, Chatham's chief executive officer, Dennis M. Craven, executive vice president and chief operating officer, and Jeremy Wegner, senior vice president and chief financial officer, will host a conference call to review fourth quarter 2025 financial results. Shareholders and other interested parties may listen to a simultaneous webcast o
- Chatham Lodging Announces Third Quarter 2025 ResultsChatham Lodging Trust (NYSE:CLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels, today announced results for the third quarter ended September 30, 2025. Third Quarter 2025 Key Items Portfolio Revenue Per Available Room (RevPAR) – Declined 2.5 percent to $151 compared to the 2024 third quarter RevPAR of $155 for the 34 comparable hotels. Average daily rate (ADR) decreased 1.8 percent to $192, and occupancy slipped 60 basis points to 79 percent. Net Income (loss) – Earned net income applicable to common shareholders of $2 million in the 2025 and 2024 third quarters. Net income to common shareholders
- Chatham Lodging Trust Announces Third Quarter 2025 Earnings Call to be Held on Wednesday, November 5, 2025Chatham Lodging Trust (NYSE:CLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels, today announced that it will report third quarter 2025 financial results on Wednesday, November 5, 2025, before the opening of the market. That same day at 10:00 a.m. ET, Jeffrey H. Fisher, Chatham's chief executive officer, Dennis M. Craven, executive vice president and chief operating officer, and Jeremy Wegner, senior vice president and chief financial officer, will host a conference call to review third quarter 2025 financial results. Shareholders and other interested parties may listen to a simultaneous webcast of t
- Chatham Lodging Announces Second Quarter 2025 ResultsChatham Lodging Trust (NYSE:CLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels, today announced results for the second quarter ended June 30, 2025. Second Quarter 2025 Key Items Portfolio Revenue Per Available Room (RevPAR) – Declined less than 1 percent to $155 compared to the 2024 second quarter RevPAR of $156 for the 34 comparable hotels. Average daily rate (ADR) held at $191, and occupancy slipped a mere 30 basis points and was a strong 82 percent. RevPAR for the four Silicon Valley hotels was up 3 percent. Net Income (loss) – Earned net income applicable to common shareholders of $3
- Chatham Lodging Trust Announces Second Quarter 2025 Earnings Call to be Held on Wednesday, August 6, 2025Chatham Lodging Trust (NYSE:CLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels, today announced that it will report second quarter 2025 financial results on Wednesday, August 6, 2025, before the opening of the market. That same day at 10:00 a.m. ET, Jeffrey H. Fisher, Chatham's chief executive officer, Dennis M. Craven, executive vice president and chief operating officer, and Jeremy Wegner, senior vice president and chief financial officer, will host a conference call to review second quarter 2025 financial results. Shareholders and other interested parties may listen to a simultaneous webcast of t
- Chatham Lodging Announces First Quarter 2025 Results, Initiates Share Repurchase ProgramChatham Lodging Trust (NYSE:CLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels, today announced results for the first quarter ended March 31, 2025. First Quarter 2025 Key Items Portfolio Revenue Per Available Room (RevPAR) – Increased 4 percent to $127 compared to the 2024 first quarter for the 35 comparable hotels. Occupancy jumped 4 percent to 72 percent, and average daily rate (ADR) was flat at $176. RevPAR for the four Silicon Valley hotels was up 8 percent. Net Income (loss) – Incurred a net loss applicable to common shareholders of $1 million compared to a net loss of $7 million in the
- Chatham Lodging Trust Announces First Quarter 2025 Earnings Call to be Held on Tuesday, May 6, 2025Chatham Lodging Trust (NYSE:CLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium branded, select-service hotels, today announced that it will report first quarter 2025 financial results on Tuesday, May 6, 2025, before the opening of the market. That same day at 2:00 p.m. ET, Jeffrey H. Fisher, Chatham's chief executive officer, Dennis M. Craven, executive vice president and chief operating officer, and Jeremy Wegner, senior vice president and chief financial officer, will host a conference call to review first quarter 2025 financial results. Shareholders and other interested parties may listen to a simultaneous webcast of the confer
- Chatham Lodging Announces Date of 2025 Annual Meeting of ShareholdersChatham Lodging Trust (NYSE:CLDT), a hotel real estate investment trust (REIT) focused on investing in upscale extended-stay hotels and premium-branded select-service hotels ("Chatham" or the "Company"), today announced that its Board of Trustees (the "Board") has set the date for the Company's 2025 annual meeting of shareholders for May 6, 2025 at 10:00 a.m. EST. The meeting will be held at the Company's corporate offices located at 222 Lakeview Avenue, Suite 200, West Palm Beach, Fla., 33401. The record date for determining shareholders entitled to notice of, and to vote at, the annual meeting will be the close of business on March 10, 2025. About Chatham Lodging Trust Chatham Lodgi
- Chatham Lodging Trust Announces Strong Fourth Quarter 2024 ResultsRevPAR Growth Surges, Margins Expand, Outlook Healthy Chatham Lodging Trust (NYSE:CLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels, today announced results for the fourth quarter ended December 31, 2024. Fourth Quarter 2024 Key Items Portfolio Revenue Per Available Room (RevPAR) – Increased 4 percent to $129 compared to the 2023 fourth quarter for the 36 comparable hotels (excludes two hotels sold during the fourth quarter and the Home2 Phoenix Downtown that opened in the 2024 first quarter). Occupancy jumped 5 percent to 74 percent, and average daily rate (ADR) declined 1 percent to $176.
- Chatham Lodging Trust Announces Fourth Quarter 2024 Earnings Call to be Held on Wednesday, February 26, 2025Chatham Lodging Trust (NYSE:CLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium branded, select-service hotels, today announced that it will report fourth quarter 2024 financial results on Wednesday, February 26, 2025, before the opening of the market. That same day at 1:00 p.m. ET, Jeffrey H. Fisher, Chatham's chief executive officer, Dennis M. Craven, executive vice president and chief operating officer, and Jeremy Wegner, senior vice president and chief financial officer, will host a conference call to review fourth quarter 2024 financial results. Shareholders and other interested parties may listen to a simultaneous webcast of
- Chatham Lodging Trust Announces Third Quarter 2024 ResultsRevPAR Growth Accelerates in September and October Chatham Lodging Trust (NYSE:CLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels, today announced results for the third quarter ended September 30, 2024. Third Quarter 2024 Operating Results Portfolio Revenue Per Available Room (RevPAR) – Generated RevPAR growth of 2.1 percent excluding hotels under renovation during the 2024 and 2023 third quarters, as well as the Home2 Phoenix Downtown that opened in January 2024. RevPAR increased 1.3 percent to $150 compared to the 2023 third quarter for the 38 comparable hotels. Average daily rate (ADR) was up
- Chatham Lodging Trust Announces Third Quarter 2024 Earnings Call to be Held on Thursday, November 7, 2024Chatham Lodging Trust (NYSE:CLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels and owns 39 hotels, today announced that it will report third quarter 2024 financial results on Thursday, November 7, 2024, before the opening of the market. That same day at 10:00 a.m. ET, Jeffrey H. Fisher, Chatham's chief executive officer, Dennis M. Craven, executive vice president and chief operating officer, and Jeremy Wegner, senior vice president and chief financial officer, will host a conference call to review third quarter 2024 financial results. Shareholders and other interested parties may listen to a simultan
- Chatham Lodging Trust Announces Second Quarter 2024 ResultsAdjusted FFO Per Share Beats Estimates Chatham Lodging Trust (NYSE:CLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels, today announced results for the second quarter ended June 30, 2024. Second Quarter 2024 Operating Results Portfolio Revenue Per Available Room (RevPAR) – Increased 4 percent to $151 compared to the 2023 second quarter for the 38 comparable hotels (excludes the Home2 Phoenix Downtown that opened in January 2024). Average daily rate (ADR) was unchanged versus 2023 at $183, and occupancy jumped 4 percent to 82 percent for the 38 hotels owned as of June 30, 2024. For the first ti
- Chatham Lodging Trust Announces Second Quarter 2024 Earnings Call to be Held on Friday, August 2, 2024Chatham Lodging Trust (NYSE:CLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels and owns 39 hotels, today announced that it will report second quarter 2024 financial results on Friday, August 2, 2024, before the opening of the market. That same day at 10:00 a.m. ET, Jeffrey H. Fisher, Chatham's chief executive officer, Dennis M. Craven, executive vice president and chief operating officer, and Jeremy Wegner, senior vice president and chief financial officer, will host a conference call to review second quarter 2024 financial results. Shareholders and other interested parties may listen to a simultane
- Chatham Lodging Trust Announces First Quarter 2024 ResultsAdjusted FFO Per Share Beats Estimates; Tech Markets Outperform Chatham Lodging Trust (NYSE:CLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels, today announced results for the first quarter ended March 31, 2024. First Quarter 2024 Operating Results Portfolio Revenue Per Available Room (RevPAR) – Increased 2 percent to $120 compared to the 2023 first quarter. Average daily rate (ADR) accelerated 1 percent to $171, and occupancy jumped 1 percent to 70 percent for the 38 hotels owned as of March 31, 2024. RevPAR for the Silicon Valley and Bellevue hotels was up 17 percent over the 2023 first qua
- Chatham Lodging Trust Announces First Quarter 2024 Earnings Call to be Held on Monday, May 6, 2024Chatham Lodging Trust (NYSE:CLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels and owns 38 hotels, today announced that it will report first quarter 2024 financial results on Monday, May 6, 2024, before the opening of the market. That same day at 10:30 a.m. ET, Jeffrey H. Fisher, Chatham's chief executive officer, Dennis M. Craven, executive vice president and chief operating officer, and Jeremy Wegner, senior vice president and chief financial officer, will host a conference call to review first quarter 2024 financial results. Shareholders and other interested parties may listen to a simultaneous w
- Chatham Lodging Trust Announces Fourth Quarter 2023 ResultsChatham Lodging Trust (NYSE:CLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels, today announced results for the fourth quarter ended December 31, 2023. Fourth Quarter 2023 Key Items Portfolio Revenue Per Available Room (RevPAR) – Increased 2.5 percent to $121 compared to the 2022 fourth quarter. Average daily rate (ADR) accelerated 0.5 percent to $173, and occupancy jumped 2 percent to 70 percent for the 39 hotels owned as of December 31, 2023. RevPAR for the Silicon Valley and Bellevue hotels was up 14 percent over the 2022 fourth quarter. Excluding the Silicon Valley and Bellevue hotels, R
- Chatham Lodging Announces Date of 2024 Annual Meeting of ShareholdersChatham Lodging Trust (NYSE:CLDT), a hotel real estate investment trust (REIT) focused on investing in upscale extended-stay hotels and premium-branded select-service hotels, today announced that its Board of Trustees has selected May 15, 2024 at 10:00 a.m. EDT as the date and time for the company's 2024 annual meeting of shareholders. The meeting will be held at the company's corporate offices located at 222 Lakeview Avenue, Suite 200, West Palm Beach, Fla., 33401. The record date for determining shareholders entitled to notice of, and to vote at, the annual meeting will be the close of business on March 18, 2024. About Chatham Lodging Trust Chatham Lodging Trust is a self-advised, p
- Chatham Lodging Trust Announces Fourth Quarter Earnings Call to be Held on Tuesday, February 27, 2024Chatham Lodging Trust (NYSE:CLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels and owns 38 hotels, today announced that it will report fourth quarter 2023 financial results on Tuesday, February 27, 2024, before the opening of the market. That same day at 11:00 a.m. ET, Jeffrey H. Fisher, Chatham's chief executive officer, Dennis M. Craven, executive vice president and chief operating officer, and Jeremy Wegner, senior vice president and chief financial officer, will host a conference call to review fourth quarter 2023 financial results. Shareholders and other interested parties may listen to a simul
- Chatham Lodging Trust Announces Third Quarter 2023 ResultsAdjusted FFO Per Share Beats Estimates; September/October RevPAR Exceeds 2019 Chatham Lodging Trust (NYSE:CLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels, today announced results for the third quarter ended September 30, 2023. Third Quarter 2023 Operating Results Portfolio Revenue Per Available Room (RevPAR) – Decreased 2.6 percent to $147 compared to 2022 third quarter RevPAR of $151. Average daily rate (ADR) declined 1.3 percent to $184, and occupancy lessened 1.2 percent to 80 percent for the 39 hotels owned as of September 30, 2023. The Courtyard Charleston/Summerville was under renovati
- Chatham Lodging Trust Announces Third Quarter Earnings Call to be Held on Thursday, November 2, 2023Chatham Lodging Trust (NYSE:CLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium branded, select-service hotels and owns 39 hotels, today announced that it will report third quarter 2023 financial results on Thursday, November 2, 2023, before the opening of the market. That same day at 10:00 a.m. ET, Jeffrey H. Fisher, Chatham's chief executive officer, Dennis M. Craven, executive vice president and chief operating officer, and Jeremy Wegner, senior vice president and chief financial officer, will host a conference call to review third quarter 2023 financial results. Shareholders and other interested parties may listen to a simulta
- Chatham Lodging Trust Announces Second Quarter 2023 ResultsRevPAR Beats Industry Performance for Fifth Consecutive Quarter Chatham Lodging Trust (NYSE:CLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels, today announced results for the second quarter ended June 30, 2023. Second Quarter 2023 Operating Results Portfolio Revenue Per Available Room (RevPAR) – Increased 5 percent to $144 compared to 2022 second quarter RevPAR of $138. Average daily rate (ADR) accelerated 2 percent to $182, and occupancy rose 2 percent to 79 percent for the 39 hotels owned as of June 30, 2023. RevPAR of $144 compares to $146 in 2019. ADR was up 3 percent to 2019. Excludi
- Chatham Lodging Trust Announces Second Quarter Earnings Call to be Held on Wednesday, August 2, 2023Chatham Lodging Trust (NYSE:CLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels and owns 39 hotels, today announced that it will report second quarter 2023 financial results on Wednesday, August 2, 2023, before the opening of the market. That same day at 10:00 a.m. ET, Jeffrey H. Fisher, Chatham's chief executive officer, Dennis M. Craven, executive vice president and chief operating officer, and Jeremy Wegner, senior vice president and chief financial officer, will host a conference call to review second quarter 2023 financial results. Shareholders and other interested parties may listen to a simult
- Chatham Lodging Trust Announces First Quarter 2023 ResultsWins Hilton Development Award for Home2 Suites Woodland Hills Warner Center Chatham Lodging Trust (NYSE:CLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels, today announced results for the first quarter ended March 31, 2023. First Quarter 2023 Operating Results Portfolio Revenue Per Available Room (RevPAR) – Increased 28 percent to $116 compared to the 2022 first quarter. Average daily rate (ADR) accelerated 14 percent to $169, and occupancy jumped 13 percent to 69 percent for the 39 hotels owned as of March 31, 2023. RevPAR of $116 compares to $124 in 2019. ADR is up 3 percent to 2019. Exc
- Chatham Lodging Trust Announces First Quarter Earnings Call to be Held on Thursday, May 4, 2023Chatham Lodging Trust (NYSE:CLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels and owns 39 hotels, today announced that it will report first quarter 2023 financial results on Thursday, May 4, 2023, before the opening of the market. That same day at 1:00 p.m. ET, Jeffrey H. Fisher, Chatham's chief executive officer, Dennis M. Craven, executive vice president and chief operating officer, and Jeremy Wegner, senior vice president and chief financial officer, will host a conference call to review first quarter 2023 financial results. Shareholders and other interested parties may listen to a simultaneous
- Chatham Lodging Announces Date of 2023 Annual Meeting of ShareholdersChatham Lodging Trust (NYSE:CLDT), a hotel real estate investment trust (REIT) focused on investing in upscale extended-stay hotels and premium-branded select-service hotels, today announced that its Board of Trustees has selected May 18, 2023 at 10:00 a.m. EDT as the date and time for the company's 2023 annual meeting of shareholders. The meeting will be held at the company's corporate offices located at 222 Lakeview Avenue, 1st Floor, Palms Meeting Room, West Palm Beach, Fla., 33401. The record date for determining shareholders entitled to notice of, and to vote at, the annual meeting will be the close of business on March 20, 2023. About Chatham Lodging Trust Chatham Lodging Trust is
- Chatham Lodging Trust Announces Fourth Quarter 2022 ResultsChatham Lodging Trust (NYSE:CLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels, today announced results for the fourth quarter ended December 31, 2022. Fourth Quarter 2022 Operating Results Portfolio Revenue Per Available Room (RevPAR) – Increased 24 percent to $117 compared to the 2021 fourth quarter. Average daily rate (ADR) accelerated 20 percent to $171, and occupancy jumped 3 percent to 69 percent for the 38 comparable hotels owned as of December 31, 2022 (excludes the Woodland Hills hotel that opened in January 2022). Fourth quarter 2022 RevPAR of $117 compares to $122 in the 2019 fourth qu
- Chatham Lodging Trust Announces Fourth Quarter Earnings Call to be Held on Thursday, February 23, 2023Chatham Lodging Trust (NYSE:CLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels and owns 39 hotels, today announced that it will report fourth quarter 2022 financial results on Thursday, February 23, 2023, before the opening of the market. That same day at 10:00 a.m. ET, Jeffrey H. Fisher, Chatham's chief executive officer, Dennis M. Craven, executive vice president and chief operating officer, and Jeremy Wegner, senior vice president and chief financial officer, will host a conference call to review fourth quarter 2022 financial results. Shareholders and other interested parties may listen to a simul
- Chatham Lodging Trust Announces Third Quarter 2022 ResultsThird Quarter RevPAR Surpasses 2019, Margin Growth Accelerates Chatham Lodging Trust (NYSE:CLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels, today announced results for the third quarter ended September 30, 2022. Third Quarter 2022 Operating Results Portfolio Revenue Per Available Room (RevPAR) – Increased 34 percent to $150 compared to the 2021 third quarter. Average daily rate (ADR) increased 22 percent to $187, and occupancy grew 10 percent to 80 percent for the 38 comparable hotels owned as of September 30, 2022 (excludes the Woodland Hills hotel that opened in January 2022). Third quarter
- Chatham Lodging Trust Announces Third Quarter Earnings Call to be Held on Tuesday, November 8, 2022Chatham Lodging Trust (NYSE:CLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels and owns 39 hotels, today announced that it will report third quarter 2022 financial results on November 8, 2022, before the opening of the market. That same day at 10:00 a.m. ET, Jeffrey H. Fisher, Chatham's chief executive officer, Dennis M. Craven, executive vice president and chief operating officer, and Jeremy Wegner, senior vice president and chief financial officer, will host a conference call to review third quarter 2022 financial results. Shareholders and other interested parties may listen to a simultaneous webca
- Chatham Lodging Trust Announces Huge Second Quarter 2022 ResultsTop Markets Post Significant Gains, GOP Margins Higher than 2019 Chatham Lodging Trust (NYSE:CLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels, today announced results for the second quarter ended June 30, 2022. Second Quarter 2022 Operating Results Portfolio Revenue Per Available Room (RevPAR) – Increased 50 percent to $138 compared to the 2021 second quarter. Average daily rate (ADR) accelerated 36 percent to $179, and occupancy grew 10 percent to 77 percent for the 37 comparable hotels owned as of June 30, 2022 (excludes one Austin hotel that opened in June 2021 and the Woodland Hills hotel th
- Chatham Lodging Trust Announces Second Quarter Earnings Call to be Held on Wednesday, August 3, 2022Chatham Lodging Trust (NYSE:CLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels and owns 39 hotels, today announced that it will report second quarter 2022 financial results on Wednesday, August 3, 2022, before the opening of the market. That same day at 10:00 a.m. ET, Jeffrey H. Fisher, Chatham's chief executive officer, Dennis M. Craven, executive vice president and chief operating officer, and Jeremy Wegner, senior vice president and chief financial officer, will host a conference call to review second quarter 2022 financial results. Shareholders and other interested parties may listen to a simulta
- Chatham Lodging Trust Announces First Quarter Earnings Call to be Held on Wednesday, May 4, 2022Chatham Lodging Trust (NYSE:CLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels and owns 43 hotels, today announced that it will report first quarter 2022 financial results on Wednesday, May 4, 2022, before the opening of the market. That same day at 10:00 a.m. ET, Jeffrey H. Fisher, Chatham's chief executive officer, Dennis M. Craven, executive vice president and chief operating officer, and Jeremy Wegner, senior vice president and chief financial officer, will host a conference call to review first quarter 2022 financial results. Shareholders and other interested parties may listen to a simultaneous
- Chatham Lodging Trust Acquires Beachside Hilton Garden InnAcquisition Adds Exposure to Sunbelt Population Boom Chatham Lodging Trust (NYSE:CLDT), a hotel real estate investment trust (REIT) focused on investing in upscale, extended-stay hotels and premium-branded, select-service hotels, today announced that the company has acquired the beachside 111-room Hilton Garden Inn Destin Miramar Beach, Fla., in an off-market transaction for $31 million, or approximately $279,000 per room. Recently opened in 2020, the hotel is within walking distance of the pristine white sands of the Gulf of Mexico. The hotel's location in Miramar Beach is well situated in relation to the thriving Santa Rosa Beach and Destin markets. The acquisition should generate an est
- Chatham Lodging Announces Date of 2022 Annual Meeting of ShareholdersChatham Lodging Trust (NYSE:CLDT), a hotel real estate investment trust focused on investing in upscale extended-stay hotels and premium-branded select-service hotels ("Chatham" or the "Company"), today announced that its Board of Trustees has set the date for the Company's 2022 annual meeting of shareholders for May 24, 2022 at 10:00 a.m. EST. The meeting will be held at the Company's corporate offices located at 222 Lakeview Avenue, 1st Floor, Palms Meeting Room, West Palm Beach, Fla., 33401. The record date for determining shareholders entitled to notice of, and to vote at, the annual meeting will be the close of business on March 24, 2022. About Chatham Lodging Trust Chatham Lodging
- Chatham Lodging Trust Announces Fourth Quarter Earnings Call to be Held on Thursday, February 24, 2022Chatham Lodging Trust (NYSE:CLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels and owns 41 hotels, today announced that it will report fourth quarter 2021 financial results on Thursday, February 24, 2022, before the opening of the market. That same day at 10:30 a.m. ET, Jeffrey H. Fisher, Chatham's chief executive officer, Dennis M. Craven, executive vice president and chief operating officer, and Jeremy Wegner, senior vice president and chief financial officer, will host a conference call to review fourth quarter 2021 financial results. Shareholders and other interested parties may listen to a simul
- Chatham Lodging Trust Announces Third Quarter Earnings Call to be Held on Thursday, November 4, 2021Chatham Lodging Trust (NYSE:CLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels and owns 41 hotels, today announced that it will report third quarter 2021 financial results on Thursday, November 4, 2021, before the opening of the market. That same day at 10:00 a.m. ET, Jeffrey H. Fisher, Chatham's chief executive officer, Dennis M. Craven, executive vice president and chief operating officer, and Jeremy Wegner, senior vice president and chief financial officer, will host a conference call to review third quarter 2021 financial results. Shareholders and other interested parties may listen to a simultan