Chatham Lodging (CLDT) reported $72.28 million in revenue for the quarter ended December 2023, representing a year-over-year increase of 2.8%. EPS of $0.19 for the same period compares to -$0.08 a year ago.The reported revenue represents a surprise of +2.59% over the Zacks Consensus Estimate of $70.46 million. With the consensus EPS estimate being $0.15, the EPS surprise was +26.67%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to d ...

Chatham Lodging (CLDT) came out with quarterly funds from operations (FFO) of $0.19 per share, beating the Zacks Consensus Estimate of $0.15 per share. This compares to FFO of $0.20 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 26.67%. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.38 per share when it actually produced FFO of $0.40, delivering a surprise of 5.26%.Over the last four qua ...

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 that its Board of Trustees has selected May 15, 2024 at 10:00 a.m. EDT as the date and time for the company’s 2024 annual meeting of shareholders. The meeting will be held at the company’s corporate offices located at 222 Lakeview Avenue, Suite 200, West Palm Beach, Fla., 33401. ...

Chatham Lodging Trust Announces Fourth Quarter 2023 Results WEST PALM BEACH, Fla., February 27, 2024—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, 2023. Fourth Quarter 2023 Key Items • Portfolio Revenue Per Available Room (RevPAR) – Increased 2.5 percent to $121 compared to the 2022 fourth quarter. Average daily rate ( ...

| --- | --- | --- | --- | --- | |-----------------------------------------------------------------------------|------------------------------------------|-----------------------|-----------------------|---------| | Property | Franchise Company | Franchise/Royalty Fee | Marketing/Program Fee | Expirat | | Homewood Suites by Hilton Boston-Billerica/ Bedford/ Burlington | Promus Hotels, Inc. | 4.0 % | 4.0 % | | | Homewood Suites by Hilton Minneapolis-Mall of America | Promus Hotels, Inc. | 4.0 % | 4.0 % | | | ...

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 the characterization of dividends declared in 2023 on its common and preferred shares for federal income tax reporting purposes. Security Description CUSIP Ticker Symbol Record Date Payment Date Dividend Per Share Taxable Ordinary Income(1) Return o ...

Chatham Lodging Trust (NYSE:CLDT) Q3 2023 Results Conference Call November 2, 2023 10:00 AM ET Jeff Fisher - Chairman, President and CEO Conference Call Participants Good day, and welcome to Chatham Lodging Trust Third Quarter 2023 Financial Results Conference Call. All participants will be in listen-only mode. [Operator Instructions] Please note this event is being recorded. Chris Daly - President, DG Public Relations Jeremy Wegner - SVP and CFO Operator Chris Daly All information in this call is as of Nov ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Securities registered pursuant to Section 12(b) of the Act: Title of Each Class Trading Symbol(s) Name of Each Exchange on Which Registered Common Shares of Beneficial Interest, $0.01 par value CLDT New York Stock Exchange 6.625% Series A Cumulative Redeemable Preferred Shares CLDT-PA New York Stock Exchange FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended ...

Company Participants Jeff Fisher - Chairman, President and CEO Jeremy Wegner - SVP and CFO Ari Klein - BMO Capital Markets Operator Chatham Lodging Trust (NYSE:CLDT) Q2 2023 Earnings Conference Call August 2, 2023 10:00 AM ET Chris Daly - President, DG Public Relations Dennis Craven - EVP and COO Conference Call Participants Anthony Powell - Barclays Tyler Batory - Oppenheimer Good morning, and welcome to Chatham Lodging Trust Second Quarter 2023 Financial Results Conference Call. All participants will be i ...

Amount The Company had interest rate cap agreements to hedge against interest rate fluctuations related to the construction loan for the Home2 Woodland Hills hotel. The Company recorded its derivative instruments on the balance sheet at their estimated fair values. Changes in the fair value of the derivatives are recorded each period in current earnings or in other comprehensive income, depending on whether a derivative is designated as part of a hedging relationship and, if it is, depending on the type of ...