Chesapeake Lodging Trust (CHSP) Tops Q2 EPS by 32c
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Chesapeake Lodging Trust Reports Second Quarter Results
July 30, 2015 4:16 PM EDTANNAPOLIS, Md.--(BUSINESS WIRE)-- Chesapeake Lodging Trust (NYSE: CHSP), a lodging real estate investment trust (REIT), reported today its financial results for the quarter ended June 30, 2015.
HIGHLIGHTS
RevPAR: 7.0% pro forma increase for the 22-hotel portfolio over the same period in 2014. Adjusted Hotel EBITDA Margin: 140 basis point pro forma increase to 36.4% for the 22-hotel portfolio over the same period in 2014. Adjusted Hotel EBITDA: $59.4 million. Adjusted Corporate... More