Chatham Lodging Q1 net loss $9.7M; RevPAR up 56% to $88; AFFO turns positive

Chatham Lodging Trust

2022-Q1 EPS reported -$0.23 revenue$54,885,000

Net loss of $9.7M ($0.23/sh) vs net income $2.7M in Q1 2021; AFFO swings to +$3.5M from -$7.1M.
Portfolio RevPAR increased 56% to $88; ADR up 36% to $146; occupancy improved to 60%.
Acquired Hilton Garden Inn Destin for $31M; expects to close sale of four hotels for ~$80M within a week.
Opened $71M Home2 Suites Woodland Hills; April weekday occupancy hit 72% with business travel strengthening.
No 2022 guidance provided; leverage 32.4%; no debt maturities in 2022; preferred dividend declared.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.