Chatham Lodging Trust (CLDT)
Chatham Lodging Trust operates in the REIT - Hotel & Motel industry of the Real Estate sector, headquartered in West Palm Beach, FL, US. The stock last traded at $12.67, up 1.77% on the session, giving a market capitalisation of $591.5M. On trailing twelve-month figures it carries a trailing P/E of 106.92, a net margin of 4.0%. Its beta of 1.10 implies it has historically moved more than the broad market.
Chatham Lodging Trust operates as a self-managed, publicly traded real estate investment trust (REIT) primarily concentrating its investments on upscale extended-stay hotels and premium-branded select-service properties. As of September 30, 2020, the company's asset base included interests in 86 hotels, providing a total of 12,040 rooms and suites. This comprises 40 wholly-owned properties, which collectively offer 6,092 rooms and suites across 15 states and the District of Columbia. Furthermore, the trust maintains a minority ownership in the Innkeepers joint ventures, which operate 46 hotels featuring an aggregate of 5,948 rooms and suites.
Chatham Lodging Trust is most often compared with the following Real Estate names: