CLDT Profile
Chatham Lodging Trust is a self-advised real estate investment trust (REIT) traded publicly, specializing in upscale extended-stay hotels and premium-branded select-service hotels. As of September 30, 2020, the company's portfolio encompasses 86 hotels with a total of 12,040 rooms and suites. This includes 40 properties wholly owned by Chatham, providing a combined 6,092 rooms across 15 states and the District of Columbia. Additionally, Chatham holds a minority stake in the Innkeepers joint ventures, which collectively own 46 hotels comprising 5,948 rooms.
Chatham Lodging Trust distinguishes itself in the hospitality sector by focusing on properties that cater to extended-stay guests and those seeking premium select-service accommodations. The company's strategic approach involves acquiring and managing a diversified portfolio of hotels located in key markets across the United States. This strategy not only aims to deliver consistent income through hotel operations but also seeks to leverage opportunities for growth in the lodging industry.
Investors in Chatham Lodging Trust benefit from its disciplined investment philosophy and extensive experience in hotel management and real estate development. The company's commitment to maintaining high-quality, well-located assets reflects its dedication to maximizing shareholder value and achieving sustainable growth in the competitive hospitality market. As a publicly traded REIT, Chatham provides investors with an opportunity to participate in the hospitality sector's potential for income generation and long-term capital appreciation.
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