Chatham Lodging Trust (CLDT) Lowers Q3 Outlook

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Chatham Lodging Updates Third Quarter Operating Outlook

October 10, 2016 4:58 PM EDT

WEST PALM BEACH, Fla., Oct. 10, 2016 (GLOBE NEWSWIRE) -- 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 133 hotels wholly or through joint ventures, today announced preliminary room revenue per available room (RevPAR) results for the quarter ended September 30, 2016, and updated its outlook for net income, net income per diluted share, adjusted EBITDA and adjusted FFO per... More