Chesapeake Lodging Trust (CHSP) Tops Q4 FFO by 3c
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Chesapeake Lodging Trust Reports Fourth Quarter Results
February 21, 2019 4:30 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 December31, 2018.
HIGHLIGHTS
Comparable RevPAR: 3.7% increase for the 20-hotel portfolio over the same period in 2017. Comparable Adjusted Hotel EBITDAre Margin: 110 basis point increase to 31.1% for the 20-hotel portfolio over the same period in 2017. Adjusted Hotel EBITDAre: $44.3 million. Adjusted Corporate... More