---
schema_version: "secwatch.filing_event.v1"
accession: "0001476045-21-000072"
form_type: "8-K"
ticker: "CLDT"
cik: "0001476045"
company_name: "Chatham Lodging Trust"
filed_at: "2021-08-03T23:59:59+00:00"
generated_at: "2026-06-29T23:16:58.483694+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Chatham Lodging Q2 net loss narrows to $8.7M; RevPAR up 170%; to acquire two Austin hotels for $71M

## Summary
- Net loss of $8.7M ($0.18/share) vs loss of $27.2M ($0.57) in Q2 2020; Adjusted FFO turns positive at $4.9M ($0.10/share).
- Portfolio RevPAR jumped 170% to $87 on occupancy of 68% and ADR of $127; July RevPAR reached $113.
- Raised $116M net from 6.625% Series A Preferred shares; leverage ratio 28.6%; no debt maturities until 2023.
- Under contract to acquire Residence Inn and TownePlace Suites in Austin, TX for $71M; expects to close within a week.
- Generated positive cash flow before CAPEX of $4M; estimated liquidity $253M at June 30, 2021.

## SEC filing metadata
- accession: 0001476045-21-000072
- form_type: 8-K
- ticker: CLDT
- cik: 0001476045
- company_name: Chatham Lodging Trust
- filed_at: 2021-08-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1476045/000147604521000072/0001476045-21-000072-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1476045/000147604521000072/cldt-20210803.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001476045-21-000072
- JSON: https://secwatch.observer/filing/0001476045-21-000072.json
- Plain text: https://secwatch.observer/filing/0001476045-21-000072.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
