Chatham Lodging Q2 RevPAR dips less than 1%, net income falls

Chatham Lodging Trust

06/08/2025 11:45

Overview

Chatham Lodging Q2 RevPAR dips less than 1% yr/yr to $155

Net income for Q2 declines to $3 mln from $5 mln yr/yr

Adjusted EBITDA falls $2 mln due to impact from sold hotels

Outlook

Company projects Q3 RevPAR growth between -1.5% and 0.5%

Chatham expects Q3 total hotel revenue of $78.8M to $80.3M

Company forecasts Q3 net income of $0.0M to $2.0M

Chatham anticipates Q4 RevPAR growth between -1% and +1%

Result Drivers

SILICON VALLEY GROWTH - RevPAR for Silicon Valley hotels rose 3% due to strong technology-related demand

ASSET SALES IMPACT - Adjusted EBITDA declined due to impact from hotels sold, accounting for over $2 mln

SAN DIEGO REBOUND - San Diego RevPAR increased 5% benefiting from higher demand for convention business

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 EPS
$0.07
Q2 Adjusted FFO Per Share
$0.36
Q2 RevPAR
$155


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the specialized reits peer group is "buy"

Wall Street's median 12-month price target for Chatham Lodging Trust is $9.00, about 25.4% above its August 5 closing price of $6.71

Press Release: ID:nBwx2GLca

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)