Chesapeake Lodging Trust (CHSP) Misses Q4 FFO by 2c, Reaffirms Outlook
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Chesapeake Lodging Trust Reports Fourth Quarter Results
February 18, 2016 4:15 PM ESTANNAPOLIS, Md.--(BUSINESS WIRE)-- Chesapeake Lodging Trust (NYSE: CHSP), a lodging real estate investment trust (REIT), reported today its financial results for the quarter ended December 31, 2015.
HIGHLIGHTS
RevPAR: 3.8% pro forma increase for the hotel portfolio over the same period in 2014. Adjusted Hotel EBITDA Margin: 240 basis point pro forma increase to 32.7% for the hotel portfolio over the same period in 2014. Adjusted Hotel EBITDA: $47.8 million.... More