Chesapeake Lodging Trust (CHSP) Misses Q2 EPS by 1c, Revenues Miss; Boosts FY18 EPS Guidance
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Chesapeake Lodging Trust Reports Second Quarter Results
July 27, 2018 9:00 AM EDTARLINGTON, Va.--(BUSINESS WIRE)-- Chesapeake Lodging Trust (NYSE: CHSP), a lodging real estate investment trust (REIT), reported today its financial results for the quarter ended June 30, 2018.
HIGHLIGHTS
Comparable RevPAR: 4.7% increase for the 21-hotel portfolio over the same period in 2017. Comparable Adjusted Hotel EBITDAre Margin: 110 basis point increase to 36.3% for the 21-hotel portfolio over the same period in 2017. Adjusted Hotel EBITDAre: $59.2 million. Adjusted Corporate... More