Chatham Lodging Trust

RevPAR growth of 6.1 percent, exceeding industry RevPAR performance by approximately 25 percent.

Chatham Lodging Trust owns 38 hotels with 5,735 rooms/suites in 16 states and the District of Columbia.

Adjusted FFO per share beats estimates.

On August 16, 2023, Barclays Capital Real Estate furnished dual 10-year loans totaling $39.9 million. These financial instruments are collateralized

Earned net income of $9.4 million compared to net income of $9.3 million in the 2022 second quarter. Net income

Highlights of the supplement include positive results of inaugural GRESB participation and third-party verification of 2021 environmental data.

The Tysons and San Antonio loans were paid off at maturity, and the Woodland Hills loan was paid off early.

With this incremental commitment, Chatham’s unsecured revolving credit facility increases to $260 million.

Incremental capacity enhances balance sheet; Maturity extended to 2027.

Top markets post significant gains, GOP margins higher than 2019.