earnings
confidence high
sentiment neutral
materiality 0.65
Chatham Lodging Q1 net loss narrows to $0.5M; launches $25M share buyback, raises dividend 29%
Chatham Lodging Trust
2025-Q1 EPS reported
-$0.01
revenue$68,635,000
- Net loss to common shareholders $0.5M ($0.01 diluted loss) vs $7.2M loss a year ago; RevPAR up 4% to $127.
- Adjusted FFO per share $0.14, down from $0.16; hotel EBITDA margin flat at 31%.
- Dividend raised 29% to $0.09/quarter; Board authorizes first $25M share repurchase program.
- Sold five hotels for $83M aggregate; net debt $365M, leverage ratio 22%.
- Guidance: Q2 RevPAR down 0.5-2%; full year AFFO per share $0.95-$1.03; April RevPAR declined 4%.