Chatham Lodging Trust (CLDT) Tops Q4 EPS by 6c
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Chatham Lodging Trust Announces Strong Fourth Quarter 2024 Results
February 26, 2025 6:30 AM ESTRevPAR Growth Surges, Margins Expand, Outlook Healthy
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, today announced results for the fourth quarter ended December 31, 2024.
Fourth Quarter 2024 Key Items
Portfolio Revenue Per Available Room (RevPAR) Increased 4 percent to $129 compared to the 2023 fourth quarter for the 36 comparable hotels (excludes two hotels sold during the fourth quarter and the Home2 Phoenix Downtown that opened in the... More