Chatham Lodging Trust (NYSE:CLDT) Q3 2022 Earnings Conference Call November 8, 2022 10:00 AM ET Company Participants Chris Daly - President, DG Public Relations Jeffrey Fisher - Chairman of the Board, CEO & President Dennis Craven - Executive Vice President & COO Jeremy Wegner - Senior Vice President and Chief Financial Officer Conference Call Participants Ari Klein - BMO Anthony Powell - Barclays Tyler Batory - Oppenheimer Operator Good morning and welcome to the Chatham Lodging Trust Third Quarter 2022 Fi ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-34693 CHATHAM LODGING TRUST (Exact Name of Registrant as Specified in Its Charter) Maryland 27-1200777 (State or Other Jurisdiction of ...

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 ...

CHATHAM LODGING TRUST Investor Presentation June 2022 Safe Harbor Disclosure 2 We make forward-looking statements in this presentation that are subject to risks and uncertainties. These forward-looking statements include information about possible or assumed future results of our business, financial condition, liquidity, results of operations, cash flow and plans and objectives. When we use the words "believe," "expect," "anticipate," "estimate," "plan," "continue," "intend," "should," "may" or similar expr ...

Chatham Lodging Trust (NYSE:CLDT) Q1 2022 Earnings Conference Call May 4, 2022 10:00 AM ET Company Participants Chris Daly - IR, Daly Gray Public Relations Jeff Fisher - Chairman, President and CEO Dennis Craven - EVP and COO Jeremy Wegner - SVP and CFO Conference Call Participants Anthony Powell - Barclays Ari Klein - BMO Capital Markets Kyle Menges - B. Riley Securities Tyler Batory - Oppenheimer Operator Greetings. Welcome to the Chatham Lodging Trust First Quarter 2022 Financial Results Conference Call. ...

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 ...

Financial Data and Key Metrics Changes - Chatham Lodging Trust reported a Q4 2021 RevPAR of $92, representing a 93% increase compared to Q4 2020, but a 22.7% decline versus Q4 2019 [31] - The company generated total revenue of $57 million in Q4 2021, nearly double the $29 million from the previous year [27] - Adjusted EBITDA for Q4 2021 was $15.2 million, with FFO per share of $0.12, up from a loss of $0.18 per share in the same quarter last year [31][28] Business Line Data and Key Metrics Changes - The Residence Inn in San Diego Gaslamp and Residence Inn Anaheim were among the top producers of GOP in Q4 2021, indicating strong performance in specific locations [28] - The newly opened Home2 Suites at Warner Center has shown promising early results, achieving over 50% occupancy shortly after opening [12][20] Market Data and Key Metrics Changes - Silicon Valley, which comprised almost 25% of EBITDA in 2019, lagged with a RevPAR of $74 in Q4 2021, while occupancy was 61% [21] - The overall portfolio occupancy was 65% in Q4 2021, outperforming the industry average of 58% [24] Company Strategy and Development Direction - The company aims to focus on acquiring high-quality hotels in markets with strong growth potential while recycling capital from lower-tier hotels [35] - Chatham plans to maintain a portfolio that is approximately 80% extended stay, indicating a strategic focus on this segment [47] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the recovery of business travel, particularly in tech-driven markets like Silicon Valley and Bellevue, Washington [7][33] - The company has significantly improved its balance sheet, reducing net debt by $250 million since March 2020, positioning itself well for future investments [34] Other Important Information - The company has committed to sustainability and corporate governance, forming an ESG committee and participating in GRESB assessments [16][17] - Chatham's capital expenditures for 2022 are budgeted at $23.5 million, including $17.5 million for renovations [30] Q&A Session Summary Question: Recovery trajectory in Silicon Valley and San Francisco - Management noted that Silicon Valley and San Francisco have different demand generators, with recovery in Silicon Valley being more dependent on tech companies [38][39] Question: Details on asset acquisitions and dispositions - The focus is on selling older hotels with lower RevPAR while considering acquisitions based on asset age and cash flow potential [40][41] Question: Labor situation and wage growth expectations - The company is in a good position regarding labor and anticipates mid single-digit increases in labor costs for 2022 [42] Question: Drivers of GOP margins in December - The majority of GOP margin improvements were attributed to labor savings [45] Question: Future portfolio reshaping - The company aims to diversify its portfolio geographically while maintaining a focus on extended stay properties [47] Question: Performance of Home2 in LA - The hotel is performing according to pro forma expectations, with positive feedback from guests [50][51]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-34693 CHATHAM LODGING TRUST (Exact Name of Registrant as Specified in Its Charter) Maryland 27-1200777 (State or Other Jurisdiction of Incorpor ...

Chatham Lodging Trust (NYSE:CLDT) Q3 2021 Earnings Conference Call November 4, 2021 10:00 AM ET Company Participants Chris Daly - Investor Relations Jeff Fisher - Chairman, President and Chief Executive Officer Dennis Craven - Executive Vice President and Chief Operating Officer Jeremy Wegner - Senior Vice President and Chief Financial Officer Conference Call Participants Kyle Menges - B. Riley Securities Tyler Batory - Janney Operator Greetings, ladies and gentlemen and welcome to the Chatham Lodging Trust ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-34693 CHATHAM LODGING TRUST (Exact Name of Registrant as Specified in Its Charter) Maryland 27-1200777 (State or Other Jurisdiction of ...