Chatham Lodging Trust Exceeds Expectations on Strong RevPAR Growth
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Chatham Lodging Trust (CLDT) Tops Q1 FFO by 1c/Share
May 5, 2015 8:58 AM EDTChatham Lodging Trust (NYSE: CLDT) reported Q1 FFO of $0.40, $0.01 better than the analyst estimate of $0.39. Revenue for the quarter came in at $0 versus the consensus estimate of $56.75 million.
Portfolio RevPAR Increased hotel RevPAR 6.9 percent to $118 for Chathams 35, wholly owned hotels.
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