Chatham Lodging Trust Provides Business Update
Chatham Lodging Trust (REIT) Common Shares of Beneficial Interest (CLDT)
Last chatham lodging trust (reit) common shares of beneficial interest earnings: 2/26 06:30 am
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phx.corporate-ir.net/phoenix.zhtml?c=237429&p=irol-irhome
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Source: Business Wire
April and May RevPAR Trend Well Above Second Quarter Guidance WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Chatham Lodging Trust (NYSE: CLDT), a hotel real estate investment trust (REIT) focused on investing in upscale, extended-stay hotels and premium-branded, select-service hotels, today announced RevPAR grew a strong 5 percent quarter-to-date through May, well above its second quarter guidance of 2.5 to 4.0 percent. RevPAR gained 5 percent in both April and May.Key RevPAR growth metrics (excluding the recently acquired Home2 Phoenix Downtown):April occupancy was up 6 percent to 83 percent with average daily rate (ADR) down 1 percent to $177May occupancy was up 4 percent to 82 percent, and ADR also increased 1 percent to $182RevPAR growth for the Silicon Valley and Bellevue hotels surged 11 percent through May driven by an approximate 6 percent advance in occupancy to 77 percent and a 6 percent rise in ADR to $188Other strong markets through May were Cherry Creek, Dallas, Greater New
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News
- Chatham Lodging Trust Announces Second Quarter 2024 Earnings Call to be Held on Friday, August 2, 2024 [Yahoo! Finance]Yahoo! Finance
- Chatham Lodging Trust Announces Second Quarter 2024 Earnings Call to be Held on Friday, August 2, 2024Business Wire
- Chatham Lodging Trust Declares Quarterly Common, Preferred DividendBusiness Wire
- Chatham Lodging Trust Provides Business Update [Yahoo! Finance]Yahoo! Finance
- Chatham Lodging Trust acquires new hotel in Phoenix, US [Yahoo! Finance]Yahoo! Finance
CLDT
Earnings
- 5/6/24 - Beat
CLDT
Sec Filings
- 6/10/24 - Form 4
- 5/15/24 - Form 8-K
- 5/7/24 - Form EFFECT
- CLDT's page on the SEC website