Chesapeake Lodging Trust (CHSP) Misses Q4 EPS by 1c; Adj-FFO was $0.48/Share
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Chesapeake Lodging Trust Reports Fourth Quarter Results
February 22, 2017 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, 2016.
HIGHLIGHTS
RevPAR: 0.6% decrease for the hotel portfolio over the same period in 2015. Adjusted Hotel EBITDA Margin: 230 basis point decrease to 30.4% for the hotel portfolio over the same period in 2015. Adjusted Hotel EBITDA: $44.1 million. Adjusted Corporate EBITDA: $39.0 million.... More