Chatham Lodging Trust Plans Upcoming Earnings Call in November

Chatham Lodging Trust to Host Earnings Call

Chatham Lodging Trust (NYSE: CLDT), renowned as a prominent lodging real estate investment trust (REIT), focuses its investment efforts on upscale, extended-stay hotels and premium-branded, select-service hotels. The company currently has an impressive portfolio of 39 hotels.

Details of the Upcoming Conference Call

On a significant note, Chatham Lodging Trust is set to release its financial results for the third quarter of 2024 on **November 7, 2024**. This announcement is expected to come before the market opens. The leadership team, which includes Jeffrey H. Fisher, the Chief Executive Officer, and Dennis M. Craven, the Executive Vice President and Chief Operating Officer, along with Jeremy Wegner, the Senior Vice President and Chief Financial Officer, will be instrumental in guiding the discussion via a conference call scheduled for 10:00 a.m. ET on the same day.

Participate in the Earnings Call

The call offers shareholders and interested individuals an opportunity to engage and listen to these crucial discussions. To join the conference call, participants can dial either **1-877-407-0789** or **1-201-689-8562**, referencing Chatham Lodging Trust. Moreover, a simultaneous webcast will be available on the company’s website, allowing for broader accessibility. Understanding the results and future perspectives could bring valuable insights for stakeholders and investors alike.

How to Access the Conference Call Playback

For those unable to join live, Chatham Lodging Trust has made arrangements for a recording of the call to be available by telephone through **November 14, 2024**, until 11:59 PM ET. Listeners can call **1-844-512-2921** or **1-412-317-6671** and use access ID **13748789** to hear the playback. Additionally, a recording will be posted on the company's website, ensuring transparency and continuous access to financial updates.

Understanding Chatham Lodging Trust

To further elaborate on Chatham Lodging Trust, it operates as a self-advised, publicly traded REIT primarily involved in the lodging sector. It maintains a diverse portfolio across 17 states and the District of Columbia, totaling **5,883 rooms and suites** across its 39 properties. This strategy highlights their commitment to investing in upscale accommodations appealing to a wide range of travelers.

Financial Metrics that Matter

The company also presents key metrics that are essential for understanding its financial health. Non-GAAP financial measures often discussed include Funds from Operations (FFO), Adjusted Funds from Operations (Adjusted FFO), Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA), and Adjusted EBITDA. These metrics serve as vital indicators for investors looking at the operational performance of Chatham Lodging Trust compared to the standard GAAP measures.

Investment Potential with Chatham Lodging Trust

Investors evaluating the company's prospects should note the strategic positioning in the upscale hotel sector, catering to both leisure and business travelers. Chatham Lodging Trust continues to evolve in response to market demands, providing not only a robust investment opportunity but also supporting the hospitality market's revival.

Frequently Asked Questions

What is the date of the upcoming earnings call?

The earnings call is scheduled for November 7, 2024, at 10:00 a.m. ET.

How can I listen to the conference call?

Listeners can join the call by dialing 1-877-407-0789 or 1-201-689-8562 or access a webcast on Chatham's website.

Will there be a replay of the conference call?

Yes, a recording will be available until November 14, 2024. Call 1-844-512-2921 or 1-412-317-6671, and use access ID 13748789 to listen to it.

What does Chatham Lodging Trust focus on?

Chatham Lodging Trust focuses on investing in upscale, extended-stay hotels, and select-service hotels.

How many hotels does Chatham Lodging Trust own?

The company owns 39 hotels, totaling 5,883 rooms/suites across various states.

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