---
schema_version: "secwatch.filing_event.v1"
accession: "0001476045-23-000045"
form_type: "8-K"
ticker: "CLDT"
cik: "0001476045"
company_name: "Chatham Lodging Trust"
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T21:38:05.156420+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Chatham Lodging Q1 2023: RevPAR up 28% to $116; net loss narrows to $5.0M

## Summary
- Net loss of $5.0M ($0.14 diluted loss) vs $9.7M loss ($0.23) in Q1 2022.
- RevPAR $116 (+28% YoY); ADR $169 (+14%); occupancy 69% (+13 pts).
- Adjusted EBITDA $17.8M (+34%); AFFO $7.9M ($0.16 per share), up 123%.
- Repaid $73M high-interest mortgages (8.0%) via term loan at 6.2%; additional $16M repayment on May 5.
- No FY 2023 guidance provided; Hilton development award for Home2 Suites Woodland Hills.

## SEC filing metadata
- accession: 0001476045-23-000045
- form_type: 8-K
- ticker: CLDT
- cik: 0001476045
- company_name: Chatham Lodging Trust
- filed_at: 2023-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1476045/000147604523000045/0001476045-23-000045-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1476045/000147604523000045/cldt-20230504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001476045-23-000045
- JSON: https://secwatch.observer/filing/0001476045-23-000045.json
- Plain text: https://secwatch.observer/filing/0001476045-23-000045.txt

## Key facts
- Earnings Releases
  Chatham Lodging Trust reported the three months ended March 31, 2023 results: net income $5.0 million net loss, EPS $(0.14) per diluted common share.
  - Period: the three months ended March 31, 2023
  - Net income: $5.0 million net loss
  - EPS: $(0.14) per diluted common share
  - Result: reported results
  source text: • Net Loss – Incurred a $5.0 million net loss compared to a net loss of $9.7 million in the 2022 first quarter. Net loss per diluted common share was $(0.14) versus net loss per diluted common share of $(0.23) for the same period last year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1476045/000147604523000045/0001476045-23-000045-index.htm

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