Chatham Lodging Trust (CLDT) Tops Q2 EPS by 1c

Go back to Chatham Lodging Trust (CLDT) Tops Q2 EPS by 1c

Chatham Lodging Trust Announces Second Quarter 2018 Results

August 1, 2018 7:00 AM EDT

Delivers FFO at Upper End of Guidance Range

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 second quarter ended June 30, 2018. The company also provided updated guidance for 2018.

Second Quarter 2018 Key Metrics

Portfolio Revenue per Available Room (RevPAR) - Increased 0.8 percent to $143, compared to the 2017 second quarter, for Chathams 40,... More