- Q2 adjusted FFO of $27.2M or $0.71 per share vs. $14.8M and $0.56 one year ago.
- Hotel RevPAR of $139 up 6.4% for the company's 35 wholly-owned hotels -towards the low end of 6-8% guidance.
- Hotel EBITDA margin of 46% up 240 basis points.
- Q3 RevPAR guidance of $144-$146, or growth of 5-6%. Adjusted FFO per share of $0.75-$0.80. Full-year RevPAR guidance of $129-$131, or growth of 5.5-6.5%. Adjusted FFO of $2.33-$2.38.
- Previously: Chatham Lodging Trust misses by $0.02, beats on revenue (Aug. 5)
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CLDT -6.1%