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.
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Chatham Lodging Trust (NYSE: CLDT) has released its 2023 Corporate Responsibility Report supplement, highlighting several key developments. Firstly, the company has set 2030 environmental reduction targets aimed at sustainability. Additionally, it achieved positive results in its inaugural GRESB participation, indicating strong performance in environmental, social, and governance factors. Moreover, Chatham is committed to increasing its female representation on the Board of Trustees to at least 30% by 2025, currently standing at 29% overall and 33% among independent Trustees. The 2021 environmental data has also received third-party verification, enhancing credibility in its reporting. More information and materials can be accessed on the company’s website.
Chatham Lodging Trust (NYSE:CLDT) will announce its first quarter 2023 financial results on May 4, 2023, before the market opens. Following this, a conference call featuring key executives will occur at 1:00 p.m. ET to discuss the results. Interested parties can access the call via a webcast on Chatham's website or by phone. The company, focused on upscale, extended-stay hotels and premium-branded, select-service hotels, owns 39 hotels totaling 5,914 rooms/suites across 16 states and the District of Columbia. A recording of the call will be available until May 11, 2023. More details can be found at chathamlodgingtrust.com.
Chatham Lodging Trust (NYSE: CLDT) has declared a quarterly common share dividend of $0.07 and a preferred share dividend of $0.41406. These dividends are payable on April 17, 2023, to shareholders of record as of March 31, 2023. The company, focused on upscale, extended-stay hotels, owns 39 hotels with a total of 5,914 rooms/suites across 16 states and the District of Columbia. The announcement emphasizes the company’s commitment to returning value to its shareholders.