Brief: Chatham Lodging Trust Says April, May RevPAR Trend Well Above Q2 Guidance

Chatham Lodging Trust

03/06/2024 11:52

June 3 (Reuters) - Chatham Lodging Trust  CLDT.N :
    * CHATHAM LODGING TRUST PROVIDES BUSINESS UPDATE
    * CHATHAM LODGING TRUST SAYS APRIL AND MAY REVPAR TREND WELL
ABOVE
Q2 GUIDANCE
    * CHATHAM LODGING TRUST SAYS APRIL OCCUPANCY UP 6% TO 83%
WITH
AVERAGE DAILY RATE (ADR) DOWN 1% TO $177
    * CHATHAM LODGING TRUST SAYS MAY OCCUPANCY UP 4% TO 82%, AND
ADR
ALSO INCREASED 1% TO $182

Source text for Eikon:  ID:nBw4s7jPya 
Further company coverage:  CLDT.N 

 ((Reuters.Briefs@thomsonreuters.com;))