Chatham Lodging Trust

Chatham Lodging Trust engages in the acquisition and investment in hotel properties. It focuses on the upscale extended-stay and premium branded select-service hotels. The firm's management evaluates the company's hotels as a single industry segment because all of the hotels have similar economic characteristics and provide similar services to similar types of customers. The company was founded on October 26, 2009 and is headquartered in West Palm Beach, FL.

Earnings data Q1 2021

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Earnings data Q4 2024

Chatham Lodging Trust (CLDT) reports stellar Q4 performance and eyes strategic acquisitions for growth

Chatham Lodging Trust (CLDT) excelled in Q4 2022 with strong financial results, strategic acquisitions, and a focus on operational efficiency amidst cost challenges, positioning for growth and value creation.

Chatham Lodging Trust excels in Q1 2023, poised for strategic growth

Chatham Lodging Trust delivered a stellar Q1 2023 performance, marked by impressive RevPAR growth, operational efficiency gains, and strong financial discipline, positioning the company for sustained success.
While challenges such as the impact of reduced intern programs and evolving travel dynamics exist, the company's strategic strengths, including brand recognition and financial stability, equip it to navigate uncertainties effectively.
By focusing on acquiring hotels that complement its portfolio and seizing growth opportunities in the recovering travel market, Chatham Lodging Trust is poised to drive value creation and enhance its competitive edge in the hospitality industry.

Chatham Lodging Trust (CLDT) reports strong Q2 performance and eyes growth opportunities

Chatham Lodging Trust (CLDT) delivered robust financial performance in Q2 2023, surpassing industry benchmarks and exceeding consensus estimates.
Despite challenges in tech markets and the loss of intern business, CLDT remains resilient and optimistic about future growth prospects.
The company's strategic focus on external growth opportunities and financial prudence positions it well for long-term success and value creation.

Chatham Lodging Trust reports resilient Q3 performance amidst challenges

Chatham Lodging Trust navigated challenges from tech intern program cancellations to deliver solid financial performance in Q3.
The company's focus on rate improvement and expense management positions it for sustained growth and financial stability.
Despite uncertainties, positive trends in business travel demand offer growth opportunities for the company's tech-driven hotels.
With a strong balance sheet, liquidity, and strategic planning, Chatham Lodging Trust is well-prepared to address future challenges and pursue growth.

Chatham Lodging Trust surpasses Q4 estimates, eyes tech-driven growth

Chatham Lodging Trust's Q4 performance exceeded expectations, showcasing operational strength and strategic focus. Despite challenges in debt management and margin stabilization, the company remains optimistic about future growth opportunities in tech-driven markets.

Chatham Lodging Trust beats Q1 estimates, eyes tech market growth

Chatham Lodging Trust (CLDT) delivered strong Q1 results, surpassing estimates with RevPAR growth and robust financial metrics, driven by tech-driven markets and strategic financial management.
While facing cost pressures, CLDT's focus on maintaining a strong capital structure, selling hotels for reinvestment, and leveraging opportunities in tech markets positions it for future growth.
Analyst inquiries highlighted a mix of challenges and opportunities, emphasizing the need for effective cost management, revenue enhancement strategies, and strategic market decisions.

Chatham Lodging Trust (CLDT) excels in Q2 2024, eyes growth opportunities

Chatham Lodging Trust (CLDT) reported strong Q2 2024 performance, exceeding 2019 levels with RevPAR growth and robust GOP margins.
Strategic initiatives, strong balance sheet, and focus on operational efficiencies position CLDT well for future growth and value creation.
While facing challenges such as economic uncertainties and debt maturities, CLDT has opportunities to drive revenue through asset sales and operational enhancements.
Overall, CLDT's performance highlights resilience, strategic focus, and potential for sustained growth in the hospitality sector.

Chatham Lodging Trust (CLDT) excels in Q3, eyes growth opportunities

Chatham Lodging Trust (CLDT) showcased strong operational and financial performance in Q3, with RevPAR growth exceeding industry benchmarks.
The company's prudent financial management, strategic initiatives, and positive market positioning highlight resilience and potential for future growth.
While facing challenges in a dynamic market environment, CLDT's focus on leveraging strengths and seizing opportunities bodes well for sustained success.

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Chatham Lodging Trust (NYSE:CLDT ) Q3 2024 Earnings Call November 7, 2024 10:00 AM ET Company Participants Chris Daly - Investor Relations Jeff Fisher - Chairman, President, and Chief Executive Officer Dennis Craven - Executive Vice President and Chief Operating Officer Jeremy Wagner - Senior Vice President and Chief Financial Officer Conference Call Participants Jonathan Jenkins - Oppenheimer & Company Operator Greetings and welcome to the Chatham Lodging Third Quarter 2024 Financial Results Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

Chatham Lodging Trust (CLDT) Q3 2024 Earnings Call Transcript

The headline numbers for Chatham Lodging (CLDT) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Compared to Estimates, Chatham Lodging (CLDT) Q3 Earnings: A Look at Key Metrics

Chatham Lodging (CLDT) came out with quarterly funds from operations (FFO) of $0.35 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.40 per share a year ago.

Chatham Lodging (CLDT) Q3 FFO Meet Estimates

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Chatham Lodging Trust Announces Third Quarter 2024 Results.

Chatham Lodging Trust Announces Third Quarter 2024 Results

Chatham Lodging Trust is a lodging REIT focused on extended stay and limited-service hotels, primarily in the Sun Belt region. The company has underperformed the Vanguard Real Estate Index Fund ETF so far in 2024, resulting in a depressed forward AFFO multiple of 7.2x. Over the near term, the company will benefit from Fed easing thanks to its ~57.5% proportion of floating rate debt.

Chatham Lodging Trust: Upside On Fed Easing And ADR Inflation Catch-Up

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Chatham Lodging Trust Announces Third Quarter 2024 Earnings Call to be Held on Thursday, November 7, 2024.

Chatham Lodging Trust Announces Third Quarter 2024 Earnings Call to be Held on Thursday, November 7, 2024

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Chatham Lodging Trust Declares Quarterly Common, Preferred Dividend.

Chatham Lodging Trust Declares Quarterly Common, Preferred Dividend

Chatham Lodging Trust (NYSE:CLDT ) Q2 2024 Results Conference Call August 2, 2024 10:00 AM ET Company Participants Chris Daly - President, DG Public Relations Jeff Fisher - Chairman, President and CEO Dennis Craven - EVP, COO Jeremy Wegner - SVP, CFO Conference Call Participants Ari Klein - BMO Capital Markets Operator Greetings, and welcome to the Chatham Lodging Trust Second Quarter 2024 Financial Results Conference Call. At this time, all participants are in a listen only mode.

Chatham Lodging Trust (CLDT) Q2 2024 Earnings Call Transcript

The headline numbers for Chatham Lodging (CLDT) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Chatham Lodging (CLDT) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

Chatham Lodging (CLDT) came out with quarterly funds from operations (FFO) of $0.39 per share, beating the Zacks Consensus Estimate of $0.36 per share. This compares to FFO of $0.43 per share a year ago.

Chatham Lodging (CLDT) Q2 FFO and Revenues Top Estimates

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Chatham Lodging Trust Announces Second Quarter 2024 Results.

Chatham Lodging Trust Announces Second Quarter 2024 Results

Capital Southwest

Reaching for higher yield doesn't always have to mean taking on too much risk. In this article, I highlight 2 picks with strong fundamentals and balance sheets. Chatham Lodging Trust Preferred Stock and Capital Southwest offer attractive yields above 8% and upside potential.

I'm Banking On These 8% Yields For A Better Tomorrow

Chatham Lodging Trust's financial performance for preferred shareholders remains robust, with a strong preferred dividend coverage ratio. The REIT's balance sheet shows low net debt compared to real estate assets, providing a substantial cushion for preferred equity. Series A preferred shares offer an attractive current yield of approximately 8.1%, making them an appealing income-focused investment in the current interest rate climate.

Chatham Lodging Trust: I Continue To Buy The 8.1% Preferred Yield

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Chatham Lodging Trust Announces Second Quarter 2024 Earnings Call to be Held on Friday, August 2, 2024.

Chatham Lodging Trust Announces Second Quarter 2024 Earnings Call to be Held on Friday, August 2, 2024

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Chatham Lodging Trust is a lodging REIT focused on extended-stay accommodations and select-service hotels. The company's April/May Q2 2024 business update shows it will likely easily beat its initial guidance. Net debt accounts for 45% of enterprise value, with preferred shares contributing 12% to the capital structure.

Chatham Lodging Trust: A Low Double-Digit Return Opportunity

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Chatham Lodging Trust Provides Business Update.

Chatham Lodging Trust Provides Business Update

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U.S. equity and bond markets staged a late-week rebound, erasing early-week declines prompted by disappointing Eurozone inflation data, after the crucial PCE inflation gauge posted its smallest increase of 2024. Posting a second week of modest declines following four-straight weekly gains, the S&P 500 finished lower by 0.4% on the week, but still notched its best month since February. Real estate equities also rebounded following steep declines in the prior week as a handful of REITs provided positive business updates ahead of the annual REITweek industry conference.

Eyes On The ECB

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Chatham Lodging Trust Acquires Home2 Suites Phoenix Downtown.

Chatham Lodging Trust Acquires Home2 Suites Phoenix Downtown

Chatham Lodging Trust (NYSE:CLDT ) Q1 2024 Earnings Call Transcript May 6, 2024 10:30 AM ET Company Participants Chris Daly - DG Public Relations Jeffrey Fisher - Chairman, President, CEO Dennis Craven - EVP & COO Jeremy Wegner - CFO & SVP Conference Call Participants Ari Klein - BMO Capital Markets Bryan Maher - B Riley Securities Operator Greetings. Welcome to Chatham Lodging Trust First Quarter 2024 Financial Results.

Chatham Lodging Trust (CLDT) Q1 2024 Earnings Call Transcript

Although the revenue and EPS for Chatham Lodging (CLDT) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Chatham Lodging (CLDT) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Chatham Lodging (CLDT) came out with quarterly funds from operations (FFO) of $0.16 per share, beating the Zacks Consensus Estimate of $0.13 per share. This compares to FFO of $0.16 per share a year ago.

Chatham Lodging (CLDT) Q1 FFO Top Estimates

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Chatham Lodging Trust Announces First Quarter 2024 Results.

Chatham Lodging Trust Announces First Quarter 2024 Results

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Chatham Lodging Trust Announces First Quarter 2024 Earnings Call to be Held on Monday, May 6, 2024.

Chatham Lodging Trust Announces First Quarter 2024 Earnings Call to be Held on Monday, May 6, 2024

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The State Of REITs: March 2024 Edition

News for Chatham Lodging Trust Stock (CLDT)