Chatham Lodging Trust (CLDT) Reports Q4 FFO of $0.36

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Go back to Chatham Lodging Trust (CLDT) Reports Q4 FFO of $0.36

Chatham Lodging Trust Announces Fourth Quarter 2017 Results

February 26, 2018 6:45 AM EST

Equity Raise and Asset Sale Positions Company for Opportunistic Growth in 2018

WEST PALM BEACH, Fla.--(BUSINESS WIRE)-- 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 135 hotels wholly or through joint ventures, today announced results for the fourth quarter ended December 31, 2017. The company also provided its initial guidance for 2018.

Fourth Quarter 2017 Key Metrics

Portfolio Revenue per Available Room (RevPAR) - Increased 1.1 percent, slightly above guidance, to $120, compared... More