Chesapeake Lodging Trust (CHSP) Misses Q3 FFO by 1c
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Chesapeake Lodging Trust Reports Third Quarter Results
November 1, 2018 8:45 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 September30, 2018.
HIGHLIGHTS
Comparable RevPAR: 5.0% increase for the 20-hotel portfolio over the same period in 2017. Comparable Adjusted Hotel EBITDAre Margin: 20 basis point increase to 33.4% for the 20-hotel portfolio over the same period in 2017. Adjusted Hotel EBITDAre: $52.4 million. Adjusted Corporate... More