Chatham Lodging Trust Aktie News

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Chatham Lodging Trust Announces First Quarter 2024 Earnings Call to be Held on Monday, May 6, 2024.

REITs fell slightly deeper into the red in 2024 with a -0.81% total return in February. Mid cap (+1.46%) and large cap REITs (+1.04%) averaged gains in February outperforming small caps (-1.33%) and micro caps (-6.98%). Only 50.64% of REIT securities had a positive total return in February.

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Chatham Lodging Trust Declares Quarterly Common, Preferred Dividend.

Chatham Lodging Trust currently trades in value range despite solid operating fundamentals, and its preferred shares currently offer a 7.7% yield. CLDT focuses on upscale, extended-stay, and select-service hotels, achieving higher margins than its peers. CLDT has seen improving operating metrics, particularly in tech-driven markets, making it a good bargain for investors at the current price.

Hotel REITs experienced a significant drop in share value during the COVID-19 pandemic but have since recovered and outperformed the Vanguard Real Estate ETF. Consumer spending is shifting towards services like travel and leisure, which bodes well for Hotel REITs. Hotel REITs have posted the fourth-best total returns among REIT sectors in 2024, indicating their potential for future growth.

Chatham Lodging Trust (CLDT) Q4 2023 Earnings Call Transcript

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Chatham Lodging Trust Announces Fourth Quarter 2023 Results.

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Chatham Lodging Announces Date of 2024 Annual Meeting of Shareholders.