Edition:
United Kingdom

Chatham Lodging Trust (CLDT.N)

CLDT.N on New York Stock Exchange

20.71USD
20 Sep 2018
Change (% chg)

$0.28 (+1.37%)
Prev Close
$20.43
Open
$20.49
Day's High
$20.71
Day's Low
$20.36
Volume
45,692
Avg. Vol
77,447
52-wk High
$23.89
52-wk Low
$17.93

Latest Key Developments (Source: Significant Developments)

Chatham Lodging Trust Refinances Unsecured Credit Facility
Friday, 9 Mar 2018 

March 9 (Reuters) - Chatham Lodging Trust ::CHATHAM LODGING TRUST REFINANCES UNSECURED CREDIT FACILITY, REDUCES INTEREST COSTS AND PUSHES MATURITY TO 2023.CHATHAM LODGING TRUST - SUCCESSFULLY REFINANCED ITS $250 MILLION SENIOR UNSECURED REVOLVING CREDIT FACILITY.CHATHAM LODGING - ‍NEW UNSECURED REVOLVING CREDIT FACILITY REPLACES PREVIOUS $250 MILLION SENIOR UNSECURED CREDIT FACILITY SCHEDULED TO MATURE IN 2020​.  Full Article

Chatham Lodging Trust Says Q4 Adjusted FFO Per Share $0.36
Monday, 26 Feb 2018 

Feb 26 (Reuters) - Chatham Lodging Trust ::ANNOUNCES FOURTH QUARTER 2017 RESULTS.Q4 ADJUSTED FFO PER SHARE $0.36.QTRLY ‍PORTFOLIO REVPAR ROSE 1.1 PERCENT TO $120​ .SEES Q1 ADJUSTED FFO PER DILUTED SHARE $0.33 TO $0.35.SEES 2018 ADJUSTED FFO PER DILUTED SHARE $1.80 TO $1.94.SEES 2018 REVPAR GROWTH DOWN 1.5% TO UP 0.5%.SEES Q1 2018 REVPAR GROWTH DOWN 3.5% TO DOWN 2.0%.Q4 FFO PER SHARE VIEW $0.37 -- THOMSON REUTERS I/B/E/S.Q1 FFO PER SHARE VIEW $0.45 -- THOMSON REUTERS I/B/E/S.FY2018 FFO PER SHARE VIEW $2.11 -- THOMSON REUTERS I/B/E/S.SEES 2018 REVPAR $131 TO $134.SEES Q1 2018 REVPAR $121 TO $123.QTRLY AVERAGE DAILY RATE (ADR) IMPROVED 0.8 PERCENT TO $159, AND OCCUPANCY GREW 0.4 PERCENT TO 75.3 PERCENT.  Full Article

Chatham Lodging Trust Sells Homewood Suites By Hilton Carlsbad, Calif.
Thursday, 21 Dec 2017 

Dec 21 (Reuters) - Chatham Lodging Trust ::CHATHAM LODGING TRUST SELLS HOMEWOOD SUITES BY HILTON CARLSBAD, CALIF..CHATHAM LODGING TRUST - DEAL FOR ‍FOR $33 MILLION​.CHATHAM LODGING TRUST - IN CONNECTION WITH SALE, BUYER ASSUMED A $20 MILLION CMBS LOAN THAT CARRIED AN INTEREST RATE OF 4.3 PERCENT.CHATHAM LODGING TRUST - ‍REMAINING PROCEEDS OF $13 MILLION FROM SALE WILL BE UTILIZED TO REDUCE BORROWINGS ON CHATHAM'S UNSECURED CREDIT FACILITY​.  Full Article

Chatham Lodging Acquires Embassy Suites In Greater Washington, D.C. Metro Area
Thursday, 7 Dec 2017 

Dec 7 (Reuters) - Chatham Lodging Trust ::CHATHAM LODGING ACQUIRES EMBASSY SUITES IN GREATER WASHINGTON, D.C. METRO AREA.CHATHAM LODGING TRUST - ‍ACQUIRED 219-SUITE EMBASSY SUITES BY HILTON IN SPRINGFIELD, VIRGINIA FOR $68 MILLION, OR APPROXIMATELY $310,000 PER SUITE​.CHATHAM LODGING TRUST - CO FUNDED PURCHASE THROUGH AVAILABLE CASH FROM RECENTLY COMPLETED 5 MILLION SHARE OFFERING THAT RAISED ABOUT $109 MILLION DOLLARS.  Full Article

Chatham Lodging acquires hotel in Greater Charleston
Thursday, 16 Nov 2017 

Nov 16 (Reuters) - Chatham Lodging Trust :Chatham Lodging acquires hotel in Greater Charleston, S.C..Acquired 96-room courtyard by Marriott Charleston Summerville, S.C., for $20.2 million​.Funded purchase through available cash from recently completed 5 million share offering that raised approximately $109 million dollars​.Marriott Charleston Summerville, S.C. ‍will be managed by Island Hospitality Management, which is 51 percent owned by Fisher​.  Full Article

Chatham Lodging Trust prices public offering of 5 mln common shares
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - Chatham Lodging Trust :Chatham Lodging Trust prices public offering of 5,000,000 common shares.Chatham Lodging Trust - ‍Prices offering of 5 million common shares of beneficial interest at a per share public offering price of $21.90​.  Full Article

Chatham Lodging Trust launches public offering
Monday, 6 Nov 2017 

Nov 6 (Reuters) - Chatham Lodging Trust :Chatham Lodging Trust launches public offering of common shares.Chatham Lodging Trust - ‍commenced an underwritten public offering of 5 million common shares of beneficial interest, $0.01 par value per share​.  Full Article

Chatham Lodging Q3 adjusted FFO per share $0.68
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - Chatham Lodging Trust :Chatham Lodging Trust announces third quarter 2017 results.Q3 adjusted FFO per share $0.68.Chatham Lodging Trust sees Q4 ‍adjusted FFO per diluted share $0.35-$0.38​.Chatham Lodging Trust - qtrly ‍Portfolio Revenue per Available Room (RevPAR) - increased 1.0 percent to $146, compared to 2016 Q3.Chatham Lodging Trust sees ‍Q4 2017 RevPAR $117-$119​.Chatham Lodging Trust sees ‍Q4 2017 total hotel revenue $67.0 million -$68.3 million​.Chatham Lodging Trust sees ‍FY 2017 adjusted FFO per diluted share $2.14-$2.17​.Q3 FFO per share view $0.67 -- Thomson Reuters I/B/E/S.FY2017 FFO per share view $2.16 -- Thomson Reuters I/B/E/S.  Full Article

Chatham Lodging acquires hotel in historic downtown Portsmouth, N.H.
Thursday, 21 Sep 2017 

Sept 21 (Reuters) - Chatham Lodging Trust :Chatham Lodging acquires hotel in historic downtown Portsmouth, N.H..Chatham Lodging Trust - deal for ‍$43.5 million​.Chatham Lodging Trust - ‍acquired 131-room Hilton Garden Inn Portsmouth downtown in N.H., for $43.5 million, or approximately $332,000 per room​.Chatham Lodging Trust - Chatham funded purchase through available cash and borrowings on its revolving credit facility​.  Full Article

Chatham Lodging Trust announces Q2 adjusted FFO per share $0.65
Wednesday, 2 Aug 2017 

Aug 2 (Reuters) - Chatham Lodging Trust :Chatham Lodging Trust announces second quarter 2017 results.Q2 adjusted FFO per share $0.65.Chatham Lodging Trust qtrly net income per diluted share $0.13.Chatham Lodging Trust - ‍Portfolio revenue per available room (revpar) declined 0.5 percent in quarter​.Chatham Lodging Trust sees Q3 total hotel revenue $78.8 million to $80.3 million.Chatham Lodging Trust sees FY total hotel revenue $287.9 million to $291.6 million.Chatham Lodging Trust sees Q3 adjusted FFO per diluted share $0.63 to $0.67.Chatham Lodging Trust sees FY adjusted FFO per diluted share $2.07 to $2.17.Chatham Lodging Trust qtrly ‍revpar $140 versus $141​ last year.  Full Article

BRIEF-Chatham Lodging Trust Q1 Adjusted FFO Per Share $0.36

* QTRLY PORTFOLIO REVENUE PER AVAILABLE ROOM DECREASED 2.4 PERCENT TO $122, COMPARED TO 2017 Q1