CLDT
Chatham Lodging Trust7.11
+0.03+0.42%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Reaffirms buybacks, eyes deals
Q&A largely reaffirmed the prepared script, but management flagged 1-2 more opportunistic asset sales while eyeing acquisitions as sellers grow realistic amid flat RevPAR outlooks. They affirmed exhausting the $25M buyback plan with free cash flow post-dividends, deeming shares undervalued versus peers. Labor stays tightly controlled—headcount down 13%—though Q1 utilities face storm pressures; RevPAR growth tilts to ADR. World Cup benefits conservatively modeled due to cancellations. Buybacks trump acquisitions for now. Investors track deal flow and GOP flow-through as comps ease.
Key Stats
Market Cap
360.53MP/E (TTM)
711.00Basic EPS (TTM)
0.01Dividend Yield
0.05%Recent Filings
8-K
CLDT buys six hotels, hikes dividend
Chatham Lodging Trust completed its $92 million acquisition of six Hilton-branded hotels with 589 rooms on March 3, 2026, at ~$156,000 per room, funded by cash and revolver borrowings. The portfolio, averaging 10 years old with 2025 Hotel EBITDA of $10 million and 42% margins, boosts adjusted FFO by $0.10 per share annually (derived). This accretive deal prompted an 11% dividend hike to $0.10 quarterly. Net debt to EBITDA rises 50 basis points.
10-K
FY2025 results
Chatham Lodging Trust wrapped FY2025 ended December 31, 2025 with revenue down 7.0% y/y to $295.1M, reflecting sales of seven hotels that cut $24.6M from topline yet boosted net income to $15.3M via $14.4M gain on dispositions. Same-property RevPAR dipped 0.1% amid flat industry trends, with Q4 down 1.1% per Smith Travel Research, but leverage improved to 20.1% from 23.1% as debt fell. Repurchased $9M in shares under $25M program. Q4 momentum softened. Debt matures later; $300M revolver available. Government shutdowns threaten travel demand.
8-K
Q4 RevPAR dips, profits rebound
Chatham Lodging Trust reported Q4 2025 results with RevPAR down 1.8% to $131 amid government shutdowns and convention disruptions, yet swung to $3M net income from a $4M loss. Margins held firm at 40.2% GOP, boosted by $0.8M lower property taxes. Repurchased 1M shares for $7M; guides 2026 RevPAR flat to +1.5%. Debt dropped $70M to $319M.
8-K
2026 meeting dates set
8-K
Q3 RevPAR dips 2.5%
Chatham Lodging Trust reported Q3 RevPAR down 2.5% to $151 amid weak corporate demand, yet held GOP and Hotel EBITDA margins steady at 44% and 37%. Adjusted EBITDA fell to $26M from $30M; upsized credit facility to $500M. Signed $17.4M hotel sale, closing Q4. Share repurchases strengthen balance sheet.
IPO
Employees
Sector
Industry
CHH
Choice Hotels International, In
92.89+2.08
DRH
Diamondrock Hospitality Company
9.24-0.08
INN
Summit Hotel Properties, Inc.
5.18-0.03
LTC
LTC Properties, Inc.
34.41-0.57
PEB
Pebblebrook Hotel Trust
11.37-0.24
PK
Park Hotels & Resorts Inc.
10.81-0.20
RLJ
RLJ Lodging Trust
7.69-0.04
SHO
Sunstone Hotel Investors, Inc.
9.21-0.07
SOHO
Sotherly Hotels Inc.
2.19+0.00
XHR
Xenia Hotels & Resorts, Inc.
14.92+0.06