Chesapeake Lodging Trust (CHSP) Misses Q4 FFO by 2c
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Chesapeake Lodging Trust Reports Fourth Quarter Results
February 15, 2018 4:05 PM ESTARLINGTON, Va.--(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, 2017.
HIGHLIGHTS
Comparable RevPAR: 0.3% increase for the 21-hotel portfolio and 1.2% increase for the 14-hotel portfolio over the same period in 2016. Comparable Adjusted Hotel EBITDA Margin: 40 basis point decrease to 29.9% for the 21-hotel portfolio and 10 basis point decrease to 33.4% for the 14-hotel portfolio over the same period in 2016. Adjusted Hotel EBITDA:... More