Chatham Lodging Trust (CLDT) Misses Q4 EPS by 2c
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Chatham Lodging Trust Announces Fourth Quarter 2019 Results
February 26, 2020 6:30 AM ESTCompany Beats AFFO Guidance as Margins Outperform, Introduces 2020 Guidance
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 and owns 134 hotels wholly or through joint ventures, today announced results for the fourth quarter ended December 31, 2019. The company also provided initial guidance for 2020.
Fourth Quarter 2019 Key Metrics
Portfolio Revenue per Available Room (RevPAR) - Declined 4.9 percent to $118, compared to the 2018 fourth quarter, ahead of... More