Chatham Lodging Trust Earnings Call Transcripts
Fiscal Year 2026
-
Q1 2026 results exceeded expectations with strong RevPAR and EBITDA growth, driven by robust tech sector demand and a successful acquisition. Guidance was raised, share repurchases accelerated, and the balance sheet remains strong, supporting further growth and capital returns.
Fiscal Year 2025
-
Operational excellence and disciplined expense control led to industry-leading margins and strong shareholder returns in 2025. Asset sales, share repurchases, and a robust balance sheet position the company for continued growth, with 2026 guidance reflecting modest RevPAR growth and ongoing capital deployment.
-
Q3 saw strong margin control despite a 2.5% RevPAR decline, with EBITDA and FFO per share at the upper end of guidance. Share repurchases and asset sales enhanced liquidity, while 2026–2027 outlook remains positive amid limited supply growth and favorable macro trends.
-
Q2 results showed strong operational performance, with RevPAR and FFO per share at the top of guidance, a strengthened balance sheet, and successful asset recycling. Guidance for 2025 remains steady, with continued focus on share buybacks, development, and selective acquisitions.
-
Announced a $25M share buyback, increased dividend, and sold five hotels for $83M, reducing leverage and boosting capital flexibility. Q1 saw strong tech market growth, margin expansion, and robust operational results, with full-year guidance reflecting flat to modest repo growth.
Fiscal Year 2024
-
Q4 2024 saw 4% RevPAR growth, margin expansion, and strong tech market performance, with asset sales reducing leverage to 23%. 2025 guidance projects 1%-3.5% RevPAR growth and continued asset recycling, with plans to reinvest in higher-yield assets.
-
Q3 results showed strong RevPAR and margin performance, with EBITDA and FFO near guidance highs. Five hotel sales are set to fund debt reduction and future growth, while leverage remains at decade lows. Corporate demand and tech market recovery are driving outperformance.
-
Q2 2024 saw strong RevPAR and margin performance, led by tech markets and a new Phoenix acquisition. Debt maturities were addressed, and guidance calls for stable growth, with asset sales and further capital recycling expected.