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Chatham Lodging Trust (CLDT)

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Earnings summaries and quarterly performance for Chatham Lodging Trust.

Recent press releases and 8-K filings for CLDT.

Chatham Lodging Trust Sells Homewood Suites Hotel
CLDT
M&A
  • Chatham Lodging Trust (CLDT) announced the sale of the 147-suite Homewood Suites by Hilton Billerica, Ma., for $17.4 million.
  • The sold hotel was projected to have the third lowest RevPAR in the portfolio and earn approximately $1 million of net operating income in 2025, equating to a 4 percent capitalization rate. A $6 million renovation planned for 2025 was not completed due to the pending sale.
  • This transaction represents the sixth hotel sold since December 2024, generating total proceeds of approximately $100 million, with the aggregate price equating to an approximate six percent capitalization rate including near-term capital expenditures.
Dec 23, 2025, 9:05 PM
Chatham Lodging Trust Reports Q3 2025 Results and Provides Q4/Full Year Guidance
CLDT
Earnings
Guidance Update
Share Buyback
  • Chatham Lodging Trust reported Q3 2025 Hotel EBITDA of $28.8 million, Adjusted EBITDA of $26.2 million, and Adjusted FFO per share of $0.32, with a GOP margin of 43.6%.
  • The company issued Q4 2025 guidance projecting RevPAR of -3.5% to -2.5%, Adjusted EBITDA of $16.7 million to $18.3 million, and Adjusted FFO per share of $0.14 to $0.17. For the full year 2025, RevPAR growth is guided at -0.7% to -0.3%, Adjusted EBITDA at $89.2 million to $90.8 million, and Adjusted FFO per share at $0.96 to $0.99.
  • CLDT repurchased approximately 500,000 shares or 1% of its outstanding stock at an average price of $6.85 and plans to continue active repurchases. The company also strengthened its balance sheet by upsizing its revolving credit facility to $300 million and term loan to $200 million.
  • Q3 2025 RevPAR declined 2.5% overall, mainly due to a 9% drop in two Sunnyvale hotels where the company chose to maintain rate integrity, and the impact of a government shutdown threat on Washington D.C. hotels.
Nov 5, 2025, 3:00 PM
Chatham Lodging Trust Announces Third Quarter 2025 Results
CLDT
Earnings
Share Buyback
Debt Issuance
  • Chatham Lodging Trust announced Q3 2025 results, with portfolio Revenue Per Available Room (RevPAR) declining 2.5 percent to $151 and Adjusted FFO per diluted share at $0.32.
  • Net income applicable to common shareholders was $1.5 million ($0.03 per diluted share) for Q3 2025, and dividends of $0.09 per common share were declared.
  • The company refinanced and upsized its unsecured credit facility to $500 million and repurchased approximately 1 percent of outstanding shares at an average price of $6.85 per share under its $25 million plan.
  • CLDT also entered into a contract to sell a hotel for $17.4 million, with closing expected during the fourth quarter.
Nov 5, 2025, 2:39 PM
Chatham Lodging Announces Third Quarter 2025 Results
CLDT
Earnings
Guidance Update
Share Buyback
  • Chatham Lodging Trust reported Q3 2025 net income per diluted common share of $0.03 and Adjusted FFO per diluted share of $0.32, a decrease from $0.05 and $0.35 respectively in Q3 2024.
  • The company's portfolio Revenue Per Available Room (RevPAR) declined 2.5% to $151 in Q3 2025 compared to Q3 2024, with Adjusted EBITDA decreasing by $4 million to $26 million.
  • Chatham refinanced and upsized its unsecured credit facility to $500 million and is actively repurchasing common shares under a $25 million plan, having repurchased approximately 1% of outstanding shares at an average price of $6.85 per share.
  • For Q4 2025, the company projects Adjusted FFO per diluted share between $0.14 and $0.17, with full-year 2025 guidance set between $0.96 and $0.99.
Nov 5, 2025, 11:30 AM
Chatham Lodging Trust Refinances and Upsizes Credit Facility to $500 Million
CLDT
Debt Issuance
Share Buyback
New Projects/Investments
  • Chatham Lodging Trust (CLDT) entered into a new credit agreement on September 25, 2025, refinancing and upsizing its unsecured credit facility.
  • The new facility increases total capacity from $400 million to $500 million, comprising a $300 million senior unsecured revolving loan and a $200 million senior unsecured term loan.
  • This credit facility includes an accordion feature, allowing it to be increased up to $650 million, and matures in September 2029, with options for a 12-month extension.
  • Interest rates for the revolving loan range from 1.5% to 2.25% (currently 1.6%) over adjusted term SOFR, while the term loan rates range from 1.45% to 2.2% (a 0.1% decrease from the prior facility) over adjusted term SOFR.
  • The agreement also permits the company to purchase up to $75,000,000 of its common stock during the term of the agreement, subject to certain conditions.
Sep 29, 2025, 3:51 PM