---
schema_version: "secwatch.filing_event.v1"
accession: "0001476045-23-000017"
form_type: "8-K"
ticker: "CLDT"
cik: "0001476045"
company_name: "Chatham Lodging Trust"
filed_at: "2023-02-23T23:59:59+00:00"
generated_at: "2026-06-19T02:24:27.524592+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Chatham Lodging Q4 RevPAR up 24% to $117; reinstates common dividend $0.07/share

## Summary
- Net loss narrowed to $4.0M ($0.08 diluted loss) from $13.2M ($0.27) in Q4 2021.
- Adjusted FFO rose 68% to $10.2M ($0.20/diluted share) vs $6.1M ($0.12) year ago.
- Hotel EBITDA margin improved to 33% from 31%; comparable hotels margin flat vs 2019 at ~34%.
- Reinstated common dividend at $0.07/share payable Jan 17, 2023; first since Q1 2020.
- Closed new $260M revolver and $90M term loan maturing Oct 2027; net debt reduced $82M to $444M.

## SEC filing metadata
- accession: 0001476045-23-000017
- form_type: 8-K
- ticker: CLDT
- cik: 0001476045
- company_name: Chatham Lodging Trust
- filed_at: 2023-02-23T23:59:59+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/1476045/000147604523000017/0001476045-23-000017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1476045/000147604523000017/cldt-20230223.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001476045-23-000017
- JSON: https://secwatch.observer/filing/0001476045-23-000017.json
- Plain text: https://secwatch.observer/filing/0001476045-23-000017.txt

## Key facts
- Earnings Releases
  Chatham Lodging Trust reported the three months ended December 31, 2022 results: net income Incurred a $4.0 million net loss applicable to common shareholders, EPS $(0.08) versus net loss per diluted common share of $(0.27).
  - Period: the three months ended December 31, 2022
  - Net income: Incurred a $4.0 million net loss applicable to common shareholders
  - EPS: $(0.08) versus net loss per diluted common share of $(0.27)
  - Result: reported results
  source text: On February 23, 2023, Chatham Lodging Trust issued a press release announcing its results of operations for the three months ended December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1476045/000147604523000017/0001476045-23-000017-index.htm

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