---
schema_version: "secwatch.filing_event.v1"
accession: "0001476045-23-000064"
form_type: "8-K"
ticker: "CLDT"
cik: "0001476045"
company_name: "Chatham Lodging Trust"
filed_at: "2023-11-02T23:59:59+00:00"
generated_at: "2026-06-08T23:57:20.096935+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Chatham Lodging Trust Q3 net income $7.5M, down 40% YoY; AFFO per share $0.40 beats estimates

## Summary
- Net income $7.5M vs $12.4M in Q3 2022; diluted EPS $0.11 vs $0.21.
- Adjusted FFO per diluted share $0.40, beating consensus; AFFO $20.2M vs $25.2M.
- Portfolio RevPAR fell 2.6% to $147; ADR down 1.3% to $184; occupancy 80%.
- Hotel EBITDA margin 37.9% vs 43.6% a year ago, pressured by tech-driven hotel intern revenue loss.
- Repaid $60M maturing debt; issued $83M fixed-rate debt; common dividend $0.07/share.

## SEC filing metadata
- accession: 0001476045-23-000064
- form_type: 8-K
- ticker: CLDT
- cik: 0001476045
- company_name: Chatham Lodging Trust
- filed_at: 2023-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1476045/000147604523000064/0001476045-23-000064-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1476045/000147604523000064/cldt-20231102.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001476045-23-000064
- JSON: https://secwatch.observer/filing/0001476045-23-000064.json
- Plain text: https://secwatch.observer/filing/0001476045-23-000064.txt

## Key facts
- Earnings Releases
  Chatham Lodging Trust reported the third quarter ended September 30, 2023 results: net income $7.5 million, EPS $0.11.
  - Period: the third quarter ended September 30, 2023
  - Net income: $7.5 million
  - EPS: $0.11
  - Result: reported results
  source text: Chatham Lodging Trust issued a press release announcing its results of operations for the three months ended September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1476045/000147604523000064/0001476045-23-000064-index.htm

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