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Chatham Lodging Trust (CLDT.N)

CLDT.N on New York Stock Exchange

19.88USD
24 May 2019
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$0.04 (+0.20%)
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Latest Key Developments (Source: Significant Developments)

Chatham Lodging Trust Sells Western Pennsylvania Hotels
Thursday, 16 May 2019 

May 16 (Reuters) - Chatham Lodging Trust ::CHATHAM LODGING TRUST SELLS WESTERN PENNSYLVANIA HOTELS.CHATHAM LODGING TRUST - DEAL FOR APPROXIMATELY $10 MILLION.CHATHAM LODGING TRUST - COMPANY ESTIMATES THAT HOTELS WOULD HAVE CONTRIBUTED APPROXIMATELY $1 MILLION OF EBITDA IN 2019.CHATHAM LODGING TRUST - NET PROCEEDS FROM SALE WILL BE UTILIZED TO REDUCE BORROWINGS ON CHATHAM'S UNSECURED CREDIT FACILITY..CHATHAM LODGING TRUST - SOLD 105-ROOM COURTYARD BY MARRIOTT ALTOONA, PA., AS WELL AS 86-SUITE SPRINGHILL SUITES BY MARRIOTT WASHINGTON.  Full Article

Chatham Lodging Trust Reports Q1 Adj FFO Per Share Of $0.34
Wednesday, 1 May 2019 

May 1 (Reuters) - Chatham Lodging Trust ::ANNOUNCES FIRST QUARTER 2019 RESULTS.Q1 ADJUSTED FFO PER SHARE $0.34.SEES Q2 ADJUSTED FFO PER SHARE $0.58 TO $0.61.SEES FY 2019 ADJUSTED FFO PER SHARE $1.80 TO $1.90.SEES Q2 TOTAL HOTEL REVENUE $88.0 TO $89.0 MILLION.SEES FY 2019 TOTAL HOTEL REVENUE $326.5 TO $332.5 MILLION.Q1 FFO PER SHARE VIEW $0.32 -- REFINITIV IBES DATA.Q2 FFO PER SHARE VIEW $0.59 -- REFINITIV IBES DATA.  Full Article

Chatham Lodging Trust Reports Q4 Adjusted FFO Per Share Of $0.39
Monday, 25 Feb 2019 

Feb 25 (Reuters) - Chatham Lodging Trust ::ANNOUNCES FOURTH QUARTER 2018 RESULTS.Q4 ADJUSTED FFO PER SHARE $0.39.SEES Q1 ADJUSTED FFO PER SHARE $0.30 TO $0.33, AND $1.78 TO $1.88 FOR 2019.Q4 FFO PER SHARE VIEW $0.36 -- REFINITIV IBES DATA.FY2019 FFO PER SHARE VIEW $1.98 -- REFINITIV IBES DATA.Q1 FFO PER SHARE VIEW $0.38 -- REFINITIV IBES DATA.SEES Q1 REVPAR $120 TO $122.SEES 2019 TOTAL HOTEL REVENUE $325.5 MILLION TO $331.5 MILLION.SEES 2019 REVPAR $132 TO $135.QTRLY REVPAR $125.  Full Article

Chatham Lodging Trust Announces Q3 2018 Results
Wednesday, 31 Oct 2018 

Oct 31 (Reuters) - Chatham Lodging Trust ::ANNOUNCES THIRD QUARTER 2018 RESULTS.Q3 ADJUSTED FFO PER SHARE $0.61.QTRLY REVPAR GROWTH STRONGER THAN EXPECTED, 2018 GUIDANCE MID-POINT RAISED.SEES INDUSTRYWIDE REVPAR GROWTH OF 2.5 TO 3 PERCENT IN 2018.QTRLY PORTFOLIO REVPAR INCREASED 1.1 PERCENT TO $147, COMPARED TO 2017 Q3, FOR CHATHAM'S 40, COMPARABLE WHOLLY OWNED HOTELS.Q3 FFO PER SHARE VIEW $0.62 -- THOMSON REUTERS I/B/E/S.SEES Q4 2018 ADJUSTED FFO PER DILUTED SHARE $0.32 TO $0.36.SEES Q4 2018 REVPAR $119 TO $121.SEES Q4 2018 REVPAR GROWTH OF DOWN 1.0% TO UP 1.0%.Q4 FFO PER SHARE VIEW $0.35 -- THOMSON REUTERS I/B/E/S.  Full Article

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