Chesapeake Lodging Trust (CHSP) Posts EPS of $0.40, AFFO of $0.71

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Chesapeake Lodging Trust Reports Third Quarter Results

November 1, 2016 4:16 PM EDT

ANNAPOLIS, Md.--(BUSINESS WIRE)-- Chesapeake Lodging Trust (NYSE: CHSP), a lodging real estate investment trust (REIT), reported today its financial results for the quarter ended September 30, 2016.

HIGHLIGHTS

RevPAR: 0.7% decrease for the hotel portfolio over the same period in 2015. Adjusted Hotel EBITDA Margin: 60 basis point decrease to 34.6% for the hotel portfolio over the same period in 2015. Adjusted Hotel EBITDA: $57.0 million. Adjusted Corporate EBITDA:... More