Chatham Lodging Trust (CLDT) Misses Q2 FFO by 2c

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Chatham Lodging Trust Announces Second Quarter 2015 Results

August 5, 2015 8:00 AM EDT

Portfolio RevPAR and Earnings Growth Remain Strong, Reported Earnings within Guidance

PALM BEACH, Fla.--(BUSINESS WIRE)-- 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 and owns wholly or through its joint ventures 132 hotels, today announced results for the second quarter ended June 30, 2015. In addition, the company provided initial guidance for the 2015 third quarter and updated its 2015 full-year guidance.

Second Quarter 2015 Highlights

Portfolio RevPAR Increased hotel RevPAR 6.4 percent to... More