Chatham Lodging Trust (CLDT) Misses Q3 EPS by 4c

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Go back to Chatham Lodging Trust (CLDT) Misses Q3 EPS by 4c

Chatham Lodging Trust Announces Third Quarter 2019 Results

October 31, 2019 6:30 AM EDT

Margin Increase Drives Adjusted EBITDA & FFO Beat, Full Year Guidance Raised at Midpoint

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 third quarter ended September 30, 2019. The company also updated its full-year guidance for 2019 and provided 2019 fourth quarter guidance.

Third Quarter 2019 Highlights and Key Metrics

Portfolio Revenue per Available Room... More