secwatch.observer — SEC 8-K summary
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Issuer:     Chatham Lodging Trust (CLDT)
CIK:        0001476045
Form:       8-K
Filed at:   2022-11-08T23:59:59+00:00
Accession:  0001476045-22-000065
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Chatham Lodging Q3 net income $12.4M; RevPAR surpasses 2019, AFFO per share $0.50
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- Net income of $12.4M vs loss of $1.4M YoY; diluted EPS $0.21 vs ($0.07).
- Portfolio RevPAR $150 (+34% YoY), matching Q3 2019; ADR $187 (+22%), occupancy 80%.
- Adjusted FFO $25.2M ($0.50/share), more than double Q3 2021 FFO of $10.5M ($0.21).
- GOP margin 50.1% vs 44.7% YoY; hotel EBITDA margin 43.6% vs 35.2%.
- Closed new $215M revolver and $90M term loan post-quarter; no guidance provided.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1476045/000147604522000065/0001476045-22-000065-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1476045/000147604522000065/cldt-20221108.htm
  HTML page:      https://secwatch.observer/filing/0001476045-22-000065

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer