Chatham Lodging Trust Announces Sale Of Hilton Garden Inn Denver Tech Center For Approximately $18M

1/10/24 9:15:11 AM ET

Real Estate Investment Trusts

Real Estate

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Chatham Lodging Trust (NYSE:CLDT), 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.

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Recent Analyst Ratings for
$CLDT

Date	Price Target	Rating	Analyst
7/20/2023		Outperform → Perform	Oppenheimer
4/22/2022	$19.00	Outperform	Oppenheimer
9/1/2021	$16.00	Equal Weight → Overweight	Barclays
8/4/2021	$15.00	Neutral → Buy	B. Riley Securities

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Chatham Lodging Trust Announces Third Quarter 2024 Results
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Chatham Lodging Trust Announces Third Quarter 2024 Results
RevPAR Growth Accelerates in September and October Chatham Lodging Trust (NYSE:CLDT), 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. Third Quarter 2024 Operating Results Portfolio Revenue Per Available Room (RevPAR) – Generated RevPAR growth of 2.1 percent excluding hotels under renovation during the 2024 and 2023 third quarters, as well as the Home2 Phoenix Downtown that opened in January 2024. RevPAR increased 1.3 percent to $150 compared to the 2023 third quarter for the 38 comparable hotels. Average daily rate (ADR) was up
11/7/24 6:30:00 AM ET
$CLDT
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Chatham Lodging Trust Announces Third Quarter 2024 Earnings Call to be Held on Thursday, November 7, 2024
Chatham Lodging Trust (NYSE:CLDT), 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. Shareholders and other interested parties may listen to a simultan
9/17/24 4:15:00 PM ET
$CLDT
Real Estate Investment Trusts
Real Estate
Chatham Lodging Trust Declares Quarterly Common, Preferred Dividend
Chatham Lodging Trust (NYSE:CLDT), 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 $0.41406 per preferred share, payable on October 15, 2024, to shareholders of record as of September 30, 2024. About Chatham Lodging Trust Chatham Lodging Trust is a self-advised, publicly traded real estate investment trust (REIT) focused primarily on investing in upscale, extended-stay hotels and premium-branded, select-service hotels. T
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$CLDT
Real Estate Investment Trusts
Real Estate

Chatham Lodging Trust Announces Sale Of Hilton Garden Inn Denver Tech Center For Approximately $18M

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Recent Analyst Ratings for $CLDT

$CLDT Insider Purchases

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EVP & Chief Operating Officer Craven Dennis M bought $94,560 worth of shares (12,000 units at $7.88), increasing direct ownership by 12% to 110,943 units (SEC Form 4)

$CLDT SEC Filings

SEC Form 10-Q filed by Chatham Lodging Trust (REIT)

Chatham Lodging Trust (REIT) filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

SEC Form 10-Q filed by Chatham Lodging Trust (REIT)

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Amendment: SEC Form SC 13G/A filed by Chatham Lodging Trust (REIT)

SEC Form SC 13G filed by Chatham Lodging Trust (REIT)

Amendment: SEC Form SC 13G/A filed by Chatham Lodging Trust (REIT)

$CLDT Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

EVP & Chief Operating Officer Craven Dennis M bought $94,560 worth of shares (12,000 units at $7.88), increasing direct ownership by 12% to 110,943 units (SEC Form 4)

SEC Form 4 filed by Craven Dennis M

SEC Form 4 filed by Wegner Jeremy Bruce

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