Chatham Lodging Trust Reports Q1 2025 Results

Chatham Lodging Trust ( (CLDT) ) has released its Q1 earnings. Here is a breakdown of the information Chatham Lodging Trust presented to its investors.

Chatham Lodging Trust is a publicly traded real estate investment trust (REIT) that focuses on upscale, extended-stay hotels and premium-branded, select-service hotels across the United States. The company owns 34 hotels with a total of 5,164 rooms/suites in 14 states and the District of Columbia.

In its first-quarter 2025 earnings report, Chatham Lodging Trust announced a 4% increase in Revenue Per Available Room (RevPAR) compared to the same period in 2024, with notable growth in its Silicon Valley properties. The company reported a reduced net loss of $1 million, down from $7 million in the previous year, and initiated its first-ever $25 million share repurchase program.

Key financial highlights include a slight decline in Adjusted EBITDA to $18 million and Adjusted Funds From Operations (AFFO) to $7 million. The company also increased its quarterly dividend by 29% to $0.09 per share and completed the sale of five hotels for $83 million, as part of its asset recycling strategy.

Looking ahead, Chatham Lodging Trust remains confident in its long-term trajectory despite current economic uncertainties. The company plans to continue leveraging its strong financial position to enhance shareholder value through strategic investments and capital allocation strategies.