Articles from Chatham Lodging Trust

Chatham Lodging Trust (NYSECLDT), a hotel real estate investment trust (REIT) focused on investing in upscale, extended-stay hotels and premium-branded, select-service hotels, today announced that its board of trustees has raised its quarterly common dividend by 29 percent, or $0.02 per common share, to $0.09 per share. Additionally, the board of trustees declared its regular preferred dividend. Both the $0.09 per share common dividend and preferred share dividend of $0.41406 per preferred share are payable on April 15, 2025, to shareholders of record as of March 31, 2025.

Chatham Lodging Trust (NYSECLDT), a hotel real estate investment trust (REIT) focused on investing in upscale extended-stay hotels and premium-branded select-service hotels (“Chatham” or the “Company”), today announced that its Board of Trustees (the “Board”) has set the date for the Company’s 2025 annual meeting of shareholders for May 6, 2025 at 10:00 a.m. EST. The meeting will be held at the Company’s corporate offices located at 222 Lakeview Avenue, Suite 200, West Palm Beach, Fla., 33401.

Chatham Lodging Trust (NYSECLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels, today announced results for the fourth quarter ended December 31, 2024.

Chatham Lodging Trust (NYSECLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium branded, select-service hotels, today announced that it will report fourth quarter 2024 financial results on Wednesday, February 26, 2025, before the opening of the market. That same day at 1:00 p.m. ET, Jeffrey H. Fisher, Chatham’s chief executive officer, Dennis M. Craven, executive vice president and chief operating officer, and Jeremy Wegner, senior vice president and chief financial officer, will host a conference call to review fourth quarter 2024 financial results.

Chatham Lodging Trust (NYSECLDT), a lodging real estate investment trust (REIT) that invests in upscale extended-stay hotels and premium-branded, select service hotels, today announced the characterization of dividends declared in 2024 on its common and preferred shares for federal income tax reporting purposes.

Chatham Lodging Trust (NYSECLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels and owns 39 hotels, today announced that its board of trustees declared a quarterly common share dividend of $0.07 per common share, as well as a quarterly preferred share dividend of $0.41406 per preferred share, payable on January 15, 2025, to shareholders of record as of December 31, 2024.

Chatham Lodging Trust (NYSECLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels, today announced results for the third quarter ended September 30, 2024.

Chatham Lodging Trust (NYSECLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels and owns 39 hotels, today announced that it will report third quarter 2024 financial results on Thursday, November 7, 2024, before the opening of the market. That same day at 10:00 a.m. ET, Jeffrey H. Fisher, Chatham’s chief executive officer, Dennis M. Craven, executive vice president and chief operating officer, and Jeremy Wegner, senior vice president and chief financial officer, will host a conference call to review third quarter 2024 financial results.

Chatham Lodging Trust (NYSECLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels and owns 39 hotels, today announced that its board of trustees declared a quarterly common share dividend of $0.07 per common share, as well as a quarterly preferred share dividend of $0.41406 per preferred share, payable on October 15, 2024, to shareholders of record as of September 30, 2024.

Chatham Lodging Trust (NYSECLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels, today announced results for the second quarter ended June 30, 2024.

Chatham Lodging Trust (NYSECLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels and owns 39 hotels, today announced that it will report second quarter 2024 financial results on Friday, August 2, 2024, before the opening of the market. That same day at 10:00 a.m. ET, Jeffrey H. Fisher, Chatham’s chief executive officer, Dennis M. Craven, executive vice president and chief operating officer, and Jeremy Wegner, senior vice president and chief financial officer, will host a conference call to review second quarter 2024 financial results.

Chatham Lodging Trust (NYSECLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels and owns 39 hotels, today announced that its board of trustees declared a quarterly common share dividend of $0.07 per common share, as well as a quarterly preferred share dividend of $0.41406 per preferred share, payable on July 15 2024, to shareholders of record as of June 28, 2024.

Chatham Lodging Trust (NYSECLDT), a hotel real estate investment trust (REIT) focused on investing in upscale, extended-stay hotels and premium-branded, select-service hotels, today announced RevPAR grew a strong 5 percent quarter-to-date through May, well above its second quarter guidance of 2.5 to 4.0 percent. RevPAR gained 5 percent in both April and May.

Chatham Lodging Trust (NYSECLDT), a hotel real estate investment trust (REIT) focused on investing in upscale, extended-stay hotels and premium-branded, select-service hotels, today announced that the company has acquired the recently opened, 148-room Home2 Suites by Hilton Phoenix Downtown for $43.3 million or approximately $293,000 per room. The institutional quality, six-story hotel sits in the heart of Downtown Phoenix and includes the historic Fuller Paint Company Building that houses the hotel’s customized public spaces, including a signature food & beverage outlet. Upon stabilization, the acquisition is expected to produce RevPAR in excess of $150 and generate an estimated NOI yield over 9 percent.

Chatham Lodging Trust (NYSECLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels, today announced results for the first quarter ended March 31, 2024.

Chatham Lodging Trust (NYSECLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels and owns 38 hotels, today announced that it will report first quarter 2024 financial results on Monday, May 6, 2024, before the opening of the market. That same day at 10:30 a.m. ET, Jeffrey H. Fisher, Chatham’s chief executive officer, Dennis M. Craven, executive vice president and chief operating officer, and Jeremy Wegner, senior vice president and chief financial officer, will host a conference call to review first quarter 2024 financial results.

Chatham Lodging Trust (NYSECLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels and owns 38 hotels, today announced that its board of trustees declared a quarterly common share dividend of $0.07 per common share, as well as a quarterly preferred share dividend of $0.41406 per preferred share, payable on April 15, 2024, to shareholders of record as of March 28, 2024.

Chatham Lodging Trust (NYSECLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels, today announced results for the fourth quarter ended December 31, 2023.

Chatham Lodging Trust (NYSECLDT), a hotel real estate investment trust (REIT) focused on investing in upscale extended-stay hotels and premium-branded select-service hotels, today announced that its Board of Trustees has selected May 15, 2024 at 10:00 a.m. EDT as the date and time for the company’s 2024 annual meeting of shareholders. The meeting will be held at the company’s corporate offices located at 222 Lakeview Avenue, Suite 200, West Palm Beach, Fla., 33401.

Chatham Lodging Trust (NYSECLDT), a lodging real estate investment trust (REIT) that invests in upscale extended-stay hotels and premium-branded, select service hotels, today announced the characterization of dividends declared in 2023 on its common and preferred shares for federal income tax reporting purposes.

Chatham Lodging Trust (NYSECLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels and owns 38 hotels, today announced that it will report fourth quarter 2023 financial results on Tuesday, February 27, 2024, before the opening of the market. That same day at 11:00 a.m. ET, Jeffrey H. Fisher, Chatham’s chief executive officer, Dennis M. Craven, executive vice president and chief operating officer, and Jeremy Wegner, senior vice president and chief financial officer, will host a conference call to review fourth quarter 2023 financial results.

Chatham Lodging Trust (NYSECLDT), a hotel real estate investment trust (REIT) focused on investing in upscale, extended-stay hotels and premium-branded, select-service hotels, today announced the closing of the sale of the 180-room Hilton Garden Inn Denver Tech Center for approximately $18 million. An approximate $6 million renovation of the hotel was planned for 2023 but was not completed due to the pending sale. Proceeds from the sale of the hotel will be used for corporate investments and to repay debt.

Chatham Lodging Trust (NYSECLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels and owns 39 hotels, today announced that its board of trustees declared a quarterly common share dividend of $0.07 per common share, as well as a quarterly preferred share dividend of $0.41406 per preferred share, payable on January 16, 2024, to shareholders of record as of December 29, 2023.

Chatham Lodging Trust (NYSECLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels, today announced results for the third quarter ended September 30, 2023.

Chatham Lodging Trust (NYSECLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium branded, select-service hotels and owns 39 hotels, today announced that it will report third quarter 2023 financial results on Thursday, November 2, 2023, before the opening of the market. That same day at 10:00 a.m. ET, Jeffrey H. Fisher, Chatham’s chief executive officer, Dennis M. Craven, executive vice president and chief operating officer, and Jeremy Wegner, senior vice president and chief financial officer, will host a conference call to review third quarter 2023 financial results.

Chatham Lodging Trust (NYSECLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels and owns 39 hotels, today announced that its board of trustees declared a quarterly common share dividend of $0.07 per common share, as well as a quarterly preferred share dividend of $0.41406 per preferred share, payable on October 16, 2023, to shareholders of record as of September 29, 2023.

Chatham Lodging Trust (NYSECLDT), a hotel real estate investment trust (REIT) focused on investing in upscale extended-stay hotels and premium branded, select-service hotels, today announced that it has issued approximately $83 million of fixed-rate debt since mid-August, including $24.5 million maturing in five years and $58.4 million maturing in ten years. The debt issuance is comprised of five individual first mortgage loans.

Chatham Lodging Trust (NYSECLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels, today announced results for the second quarter ended June 30, 2023.

Chatham Lodging Trust (NYSECLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels and owns 39 hotels, today announced that it will report second quarter 2023 financial results on Wednesday, August 2, 2023, before the opening of the market. That same day at 10:00 a.m. ET, Jeffrey H. Fisher, Chatham’s chief executive officer, Dennis M. Craven, executive vice president and chief operating officer, and Jeremy Wegner, senior vice president and chief financial officer, will host a conference call to review second quarter 2023 financial results.

Chatham Lodging Trust (NYSECLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels and owns 39 hotels, today announced that its board of trustees declared a quarterly common share dividend of $0.07 per common share, as well as a quarterly preferred share dividend of $0.41406 per preferred share, payable on July 17, 2023, to shareholders of record as of June 30, 2023.

Chatham Lodging Trust (NYSECLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels, today announced results for the first quarter ended March 31, 2023.

Chatham Lodging Trust (NYSECLDT), a hotel real estate investment trust (REIT) focused on investing in upscale extended-stay hotels and premium-branded select-service hotels (“Chatham”), today announced the publication of a 2023 supplement to the 2021 Corporate Responsibility Report first published in June 2022. Highlights of the supplement include:

Chatham Lodging Trust (NYSECLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels and owns 39 hotels, today announced that it will report first quarter 2023 financial results on Thursday, May 4, 2023, before the opening of the market. That same day at 1:00 p.m. ET, Jeffrey H. Fisher, Chatham’s chief executive officer, Dennis M. Craven, executive vice president and chief operating officer, and Jeremy Wegner, senior vice president and chief financial officer, will host a conference call to review first quarter 2023 financial results.

Chatham Lodging Trust (NYSECLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels and owns 39 hotels, today announced that its board of trustees declared a quarterly common share dividend of $0.07 per common share, as well as a quarterly preferred share dividend of $0.41406 per preferred share, payable on April 17, 2023, to shareholders of record as of March 31, 2023.

Chatham Lodging Trust (NYSECLDT), a hotel real estate investment trust (REIT) focused on investing in upscale extended-stay hotels and premium-branded select-service hotels, today announced that its Board of Trustees has selected May 18, 2023 at 10:00 a.m. EDT as the date and time for the company’s 2023 annual meeting of shareholders. The meeting will be held at the company’s corporate offices located at 222 Lakeview Avenue, 1st Floor, Palms Meeting Room, West Palm Beach, Fla., 33401.

Chatham Lodging Trust (NYSECLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels, today announced results for the fourth quarter ended December 31, 2022.

Chatham Lodging Trust (NYSECLDT), a hotel real estate investment trust (REIT) focused on investing in upscale extended-stay hotels and premium branded, select-service hotels, today announced that it has repaid in full three mortgages with outstanding principal of $73.3 million and a weighted average interest rate of 8.0 percent with proceeds from its newly issued term loan which currently carries an interest rate of 6.1 percent.

Chatham Lodging Trust (NYSECLDT), a lodging real estate investment trust (REIT) that invests in upscale extended-stay hotels and premium-branded, select-service hotels, today announced the characterization of dividends declared in 2022 on its common and preferred shares for federal income tax reporting purposes.

Chatham Lodging Trust (NYSECLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels and owns 39 hotels, today announced that it will report fourth quarter 2022 financial results on Thursday, February 23, 2023, before the opening of the market. That same day at 10:00 a.m. ET, Jeffrey H. Fisher, Chatham’s chief executive officer, Dennis M. Craven, executive vice president and chief operating officer, and Jeremy Wegner, senior vice president and chief financial officer, will host a conference call to review fourth quarter 2022 financial results.

Chatham Lodging Trust (NYSECLDT), a hotel real estate investment trust (REIT) focused on investing in upscale extended-stay hotels and premium branded, select-service hotels, today announced that it has increased commitments under its senior unsecured revolving credit facility by $45 million with the addition of Royal Bank of Canada as a top tier lender.

Chatham Lodging Trust (NYSECLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels and owns 39 hotels, today announced that it has reinstated a fourth quarter common dividend, its first since early 2020. Chatham announced that its board of trustees declared a common share dividend of $0.07 per common share, as well as a preferred share dividend of $0.41406 per share, payable on January 17, 2023, to shareholders of record as of December 30, 2022.

Chatham Lodging Trust (NYSECLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels, today announced results for the third quarter ended September 30, 2022.

Chatham Lodging Trust (NYSECLDT), a hotel real estate investment trust (REIT) focused on investing in upscale extended-stay hotels and premium branded, select-service hotels, today announced that it successfully refinanced its senior unsecured revolving credit facility and issued a new unsecured term loan.

Chatham Lodging Trust (NYSECLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels and owns 39 hotels, today announced that it will report third quarter 2022 financial results on November 8, 2022, before the opening of the market. That same day at 10:00 a.m. ET, Jeffrey H. Fisher, Chatham’s chief executive officer, Dennis M. Craven, executive vice president and chief operating officer, and Jeremy Wegner, senior vice president and chief financial officer, will host a conference call to review third quarter 2022 financial results.

Chatham Lodging Trust (NYSE: CLDT; CLDT-PA), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels and owns 39 hotels, today announced that its board of trustees has declared a preferred share dividend of $0.41406 per share, payable on October 17, 2022, to shareholders of record as of September 30, 2022.

Chatham Lodging Trust (NYSECLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels, today announced results for the second quarter ended June 30, 2022.

Chatham Lodging Trust (NYSECLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels and owns 39 hotels, today announced that it will report second quarter 2022 financial results on Wednesday, August 3, 2022, before the opening of the market. That same day at 10:00 a.m. ET, Jeffrey H. Fisher, Chatham’s chief executive officer, Dennis M. Craven, executive vice president and chief operating officer, and Jeremy Wegner, senior vice president and chief financial officer, will host a conference call to review second quarter 2022 financial results.

Chatham Lodging Trust (NYSE: CLDT; CLDT-PA), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels and owns 39 hotels, today announced that its board of trustees has declared a preferred share dividend of $0.41406 per share, payable on July 15, 2022, to shareholders of record as of June 30, 2022.

Chatham Lodging Trust (NYSECLDT), a hotel real estate investment trust (REIT) focused on investing in upscale, extended-stay hotels and premium-branded, select-service hotels, today announced the closing of the sales of four hotels comprising 537 rooms for aggregate proceeds of approximately $80 million.

Chatham Lodging Trust (NYSECLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels, today announced results for the first quarter ended March 31, 2022.

Chatham Lodging Trust (NYSECLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels and owns 43 hotels, today announced that it will report first quarter 2022 financial results on Wednesday, May 4, 2022, before the opening of the market. That same day at 10:00 a.m. ET, Jeffrey H. Fisher, Chatham’s chief executive officer, Dennis M. Craven, executive vice president and chief operating officer, and Jeremy Wegner, senior vice president and chief financial officer, will host a conference call to review first quarter 2022 financial results.

Chatham Lodging Trust (NYSECLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels, today announced results for the fourth quarter ended December 31, 2021.

Chatham Lodging Trust (NYSECLDT), a hotel real estate investment trust focused on investing in upscale extended-stay hotels and premium-branded select-service hotels (“Chatham” or the “Company”), today announced that its Board of Trustees has set the date for the Company’s 2022 annual meeting of shareholders for May 24, 2022 at 10:00 a.m. EST. The meeting will be held at the Company’s corporate offices located at 222 Lakeview Avenue, 1st Floor, Palms Meeting Room, West Palm Beach, Fla., 33401.

Chatham Lodging Trust (NYSECLDT), a hotel real estate investment trust (REIT) focused on investing in upscale, extended-stay hotels and premium-branded, select-service hotels, today announced the opening of the 170-suite Home2 Suites by Hilton Woodland Hills Los Angeles that is positioned in the heart of Warner Center. The opening adds another high-quality, extended-stay hotel to the Chatham portfolio, the third such hotel in the last six months with total investments aggregating approximately $140 million.

Chatham Lodging Trust (NYSECLDT), a lodging real estate investment trust (REIT) that invests in upscale extended-stay hotels and premium-branded, select-service hotels, today announced the characterization of dividends declared in 2021 on its preferred shares for federal income tax reporting purposes.

Chatham Lodging Trust (NYSECLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels and owns 41 hotels, today announced that it will report fourth quarter 2021 financial results on Thursday, February 24, 2022, before the opening of the market. That same day at 10:30 a.m. ET, Jeffrey H. Fisher, Chatham’s chief executive officer, Dennis M. Craven, executive vice president and chief operating officer, and Jeremy Wegner, senior vice president and chief financial officer, will host a conference call to review fourth quarter 2021 financial results.

Chatham Lodging Trust (NYSE: CLDT; CLDT-PA), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels and owns 41 hotels, today announced that its board of trustees has declared a preferred share dividend of $0.41406 per share, payable on January 18, 2022, to shareholders of record as of December 31, 2021.

Chatham Lodging Trust (NYSECLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels, today announced results for the third quarter ended September 30, 2021.

Chatham Lodging Trust (NYSECLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels and owns 41 hotels, today announced that it will report third quarter 2021 financial results on Thursday, November 4, 2021, before the opening of the market. That same day at 10:00 a.m. ET, Jeffrey H. Fisher, Chatham’s chief executive officer, Dennis M. Craven, executive vice president and chief operating officer, and Jeremy Wegner, senior vice president and chief financial officer, will host a conference call to review third quarter 2021 financial results.

Chatham Lodging Trust (NYSE: CLDT; CLDT-PA), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels and owns 41 hotels, today announced that its board of trustees has declared a preferred share dividend of $0.48307 per share, payable on October 15, 2021 (long first dividend period), to shareholders of record as of September 30, 2021.

Chatham Lodging Trust (NYSECLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels and owns 41 hotels, today announced the appointment of Ethel Isaacs Williams and David J. Grissen to the company's board of trustees, effective immediately. Both Williams and Grissen will serve as independent directors. These new additions will further strengthen the leadership expertise, skillsets and diversity represented on the company’s board of trustees as the company strives to create value for all stakeholders.

Chatham Lodging Trust (NYSECLDT), a hotel real estate investment trust (REIT) focused on investing in upscale, extended-stay hotels and premium-branded, select-service hotels, today announced that the company has acquired in an off-market transaction two, high-quality, premium-branded hotels comprising 269 rooms at the Domain in Austin, Texas, for $71.2 million, or approximately $265,000 per room (the “Austin Acquisitions”). The acquired hotels include the 132-room Residence Inn Austin Domain, which opened in July 2016, and the 137-room TownePlace Suites Austin Domain, which opened in June 2021. Upon stabilization, the Austin Acquisitions are expected to generate an estimated NOI yield of 8.0% to 8.5%.

Chatham Lodging Trust (NYSECLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels, today announced results for the second quarter ended June 30, 2021.

Chatham Lodging Trust (NYSECLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels and owns 39 hotels, today announced that it will report second quarter 2021 financial results on Tuesday, August 3, 2021, before the opening of the market. That same day at 10:00 a.m. ET, Jeffrey H. Fisher, Chatham’s chief executive officer, Dennis M. Craven, executive vice president and chief operating officer, and Jeremy Wegner, senior vice president and chief financial officer, will host a conference call to review second quarter 2021 financial results.

Chatham Lodging Trust (NYSECLDT) (the “Company”) today announced that on June 23, 2021, it priced an underwritten public offering of 4,800,000 of its 6.625% Series A Cumulative Redeemable Preferred Shares (the “Shares”) at a public offering price of $25.00 per share, for net proceeds of approximately $116.1 million, after deducting the underwriting discount and estimated offering-related expenses payable by the Company. The offering is expected to close on June 30, 2021, subject to the satisfaction of customary closing conditions.

Chatham Lodging Trust (NYSECLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels, today provided an update on operating results to date for the 2021 second quarter.

Chatham Lodging Trust (NYSECLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels, today announced results for the first quarter ended March 31, 2021.