Chatham Lodging Trust to Host Earnings Call
Chatham Lodging Trust (NYSE: CLDT) is well-known as a leading lodging real estate investment trust (REIT) that specializes in upscale, extended-stay hotels and premium-branded, select-service hotels. Right now, they have an impressive collection of 39 hotels in their portfolio.
Details of the Upcoming Conference Call
Mark your calendars—Chatham Lodging Trust will release its financial results for the third quarter of 2024 on **November 7, 2024**. This announcement will likely occur before the market opens. The discussion will be led by the leadership team, which features Jeffrey H. Fisher, the Chief Executive Officer, Dennis M. Craven, the Executive Vice President and Chief Operating Officer, and Jeremy Wegner, the Senior Vice President and Chief Financial Officer. They will guide participants through a conference call set for 10:00 a.m. ET on the same day.
Participate in the Earnings Call
This call provides a valuable opportunity for shareholders and interested individuals to engage in important discussions. To participate, you can call **1-877-407-0789** or **1-201-689-8562**, mentioning Chatham Lodging Trust. Additionally, there will be a live webcast available on the company’s website, expanding accessibility. Gaining insights from the results and future outlook can be beneficial for stakeholders and investors alike.
How to Access the Conference Call Playback
If you can’t join the call live, Chatham Lodging Trust ensures that a recording of the session will be available by phone until **November 14, 2024**, at 11:59 PM ET. You can listen to the playback by calling **1-844-512-2921** or **1-412-317-6671**, using access ID **13748789**. Plus, a recording will also be uploaded on the company’s website, promoting transparency and ongoing access to their financial updates.
Understanding Chatham Lodging Trust
For a deeper understanding, Chatham Lodging Trust operates as a self-advised, publicly traded REIT primarily in the lodging industry. The company has a diverse portfolio that spans across 17 states and the District of Columbia, totaling **5,883 rooms and suites** among its 39 properties. This approach underscores their commitment to investing in high-quality accommodations that cater to various travelers.
Financial Metrics that Matter
The company also shares essential financial metrics that are crucial for assessing its overall health. Some non-GAAP financial measures frequently discussed include Funds from Operations (FFO), Adjusted Funds from Operations (Adjusted FFO), Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA), and Adjusted EBITDA. These figures are important for investors, as they provide indicators of Chatham Lodging Trust's operational performance compared to standard GAAP measures.
Investment Potential with Chatham Lodging Trust
Investors looking at the company’s future should consider its strategic positioning in the upscale hotel market, which appeals to both leisure and business travelers. Chatham Lodging Trust continues to adapt to market demands, making it not only a solid investment option but also an important player in the revival of the hospitality sector.
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 by accessing the webcast on Chatham's website.
Will there be a replay of the conference call?
Yes, a recording will be available until November 14, 2024. You can call 1-844-512-2921 or 1-412-317-6671, using 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 and suites across various states.
