Welcome to our dedicated page for Chatham Lodging news (Ticker: CLDT), a resource for investors and traders seeking the latest updates and insights on Chatham Lodging stock.
Chatham Lodging Trust (NYSE: CLDT) is a self-advised lodging real estate investment trust (REIT) focused on upscale, extended-stay hotels and premium-branded, select-service hotels. This news page aggregates company press releases, earnings updates and other disclosures so readers can follow developments affecting the CLDT stock and its hotel portfolio.
Recent news from Chatham highlights recurring themes in its business: quarterly financial results, portfolio RevPAR, ADR and occupancy trends, and commentary on performance across key markets such as Silicon Valley, Los Angeles, the Coastal Northeast, Washington, D.C., Greater New York, San Diego and Dallas. The company also reports on hotel-level performance by major brands, including Residence Inn, Hilton Garden Inn, Home2 Suites, Courtyard, Hampton Inn, Hyatt Place and Homewood Suites.
Investors can use this feed to track announcements on asset recycling, including the sale of older or lower RevPAR hotels, as well as updates on capital expenditures and renovations at selected properties. News items also cover Chatham’s capital structure, such as refinancings and changes to its unsecured credit facility, and provide details on net debt, leverage and interest costs.
Dividend declarations for common and preferred shares, along with information about the company’s share repurchase program, are regular features of Chatham’s news flow. Earnings releases include non-GAAP measures like FFO, Adjusted FFO, EBITDA and Adjusted EBITDA, plus hotel EBITDA margins and GOP margins. For investors and analysts following CLDT, this page offers a centralized view of the company’s operating performance, portfolio changes and financial policies over time.
Chatham Lodging Trust (NYSE: CLDT), a REIT focused on upscale extended-stay hotels and premium branded select-service hotels, has scheduled its first quarter 2025 earnings announcement for Tuesday, May 6, 2025, before market opening.
The company will host a conference call at 2:00 p.m. ET on the same day, featuring CEO Jeffrey H. Fisher, COO Dennis M. Craven, and CFO Jeremy Wegner to discuss the quarterly results. Investors can join via webcast on the company's website or by dialing 1-877-407-0789 (US) or 1-201-689-8562. A recording will be available until May 13, 2025, by dialing 1-844-512-2921 or 1-412-317-6671 (access ID: 13753209).
Chatham Lodging Trust (NYSE: CLDT) has announced a significant 29% increase in its quarterly common dividend, raising it by $0.02 to $0.09 per share. The company also declared a preferred share dividend of $0.41406. Both dividends will be payable on April 15, 2025, to shareholders of record as of March 31, 2025.
The hotel REIT, which specializes in upscale extended-stay and premium-branded select-service hotels, reports strong financial positioning following the pandemic and recent debt maturity challenges. The company cites outperforming RevPAR growth, stabilizing and growing operating margins, and low leverage as key factors enabling increased shareholder returns.
Chatham Lodging Trust (NYSE: CLDT), a hotel real estate investment trust specializing in upscale extended-stay and premium-branded select-service hotels, has announced its 2025 annual shareholder meeting details. The meeting is scheduled for May 6, 2025 at 10:00 a.m. EST and will take place at the company's corporate offices in West Palm Beach, Florida. The record date for shareholder voting eligibility has been set for March 10, 2025 at close of business.
Chatham Lodging Trust (NYSE: CLDT) reported strong Q4 2024 results with notable RevPAR growth and margin expansion. Portfolio RevPAR increased 4% to $129, driven by a 5% jump in occupancy to 74%, while ADR slightly declined 1% to $176.
Key financial metrics include: Net loss of $1.9M ($0.08 per share), improved from $9.3M loss in Q4 2023; GOP margins up 150 basis points to 40.5%; Hotel EBITDA margins increased 90 basis points to 32.5%; Adjusted EBITDA rose to $21.1M; and AFFO reached $10.0M ($0.20 per share).
The company completed strategic asset recycling, selling three hotels with two more under contract, expecting total proceeds of $101M. Silicon Valley and Bellevue properties showed strong performance with 9% RevPAR growth. The company reduced net debt by $29M in 2024 and lowered leverage ratio from 25% to 23%.
Chatham Lodging Trust (NYSE: CLDT), a REIT focused on upscale extended-stay and premium branded select-service hotels, has scheduled its fourth quarter 2024 earnings report for Wednesday, February 26, 2025, before market opening.
The company will host a conference call at 1:00 p.m. ET on the same day, featuring CEO Jeffrey H. Fisher, COO Dennis M. Craven, and CFO Jeremy Wegner to discuss the financial results. Interested parties can join via webcast on the company's website or by phone using the provided dial-in numbers.
A recording will be available until March 5, 2025, and a replay will be posted on Chatham's website.
Chatham Lodging Trust (NYSE: CLDT), a REIT focused on upscale extended-stay and premium-branded select service hotels, has announced its 2024 dividend tax characterization. For Series A Preferred shares (CLDT-PA), quarterly dividends of $0.41406 are classified as 100% taxable ordinary income and Section 199A dividends. Common stock (CLDT) quarterly dividends of $0.07 are split between taxable ordinary income ($0.05392) and return of capital ($0.01608), with the taxable portion qualifying as Section 199A dividends.
No portion of the 2024 dividends represented foreign taxes or qualified dividend income. Shareholders will receive IRS Form 1099-DIV from either EQ Shareholder Services (registered holders) or their brokers (street name holders).
Chatham Lodging Trust (NYSE: CLDT), a lodging REIT specializing in upscale, extended-stay and premium-branded select-service hotels, has announced its quarterly dividend distributions. The company, which owns 39 hotels, will pay a common share dividend of $0.07 and a preferred share dividend of $0.41406. Both dividends will be paid on January 15, 2025, to shareholders of record as of December 31, 2024.
Chatham Lodging Trust (NYSE: CLDT) reported third quarter 2024 results with RevPAR growth of 2.1% excluding hotels under renovation. The company generated net income of $4.3 million ($0.05 per share), down from $7.5 million ($0.11 per share) in Q3 2023. Q3 2024 RevPAR increased 1.3% to $150, with ADR up 1.3% to $188 and occupancy flat at 80%. Notable performance came from Silicon Valley and Bellevue hotels, showing 8% RevPAR growth. The company has agreements to sell five hotels for approximately $80 million in net proceeds. October RevPAR accelerated 6% over 2023 to $158.
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