secwatch.observer — SEC 8-K summary
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Issuer:     Chatham Lodging Trust (CLDT)
CIK:        0001476045
Form:       8-K
Filed at:   2025-02-26T23:59:59+00:00
Accession:  0001476045-25-000009
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Chatham Lodging Trust Q4 2024 RevPAR +4% to $129; net loss narrows to $1.9M
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- RevPAR grew 4% to $129; occupancy up 5% to 74%; ADR down 1% to $176.
- Net loss applicable to common was $1.9M ($0.08/share) vs $9.3M loss in Q4 2023.
- Adjusted FFO per share $0.20 vs $0.19; GOP margin improved 150 bps to 40.5%.
- Sold/under contract six hotels for ~$101M net at 6% cap rate; leverage ratio down to 23%.
- FY 2025 RevPAR guidance $143-$147 (1-3.5% growth); AFFO $1.01-$1.11 per share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1476045/000147604525000009/0001476045-25-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1476045/000147604525000009/cldt-20250226.htm
  HTML page:      https://secwatch.observer/filing/0001476045-25-000009

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