Chatham Lodging Q4 RevPAR hit by US government shutdown

Chatham Lodging Trust

25/02/2026 11:39

Overview

Lodging REIT's Q4 RevPAR declined 1.8% to $131, with occupancy slipping 70 basis points

Q4 net income rose to $3 mln from a $4 mln loss last year

Company repurchased 1 mln shares for $7 mln, sold hotel for $17 mln

Outlook

Company expects 2026 RevPAR between $142 and $145

Chatham forecasts 2026 total hotel revenue of $284 mln to $290 mln

Company anticipates 2026 adjusted EBITDA of $84 mln to $89 mln

Result Drivers

GOVERNMENT SHUTDOWNS - Co attributed Q4 RevPAR decline to government shutdowns and reduced convention-related business in key markets

SHARE REPURCHASES - Co repurchased 1 mln shares for $7 mln, contributing to financial performance improvements

HOTEL SALES - Co sold a 26-year-old hotel for $17 mln, aiding financial performance

Company press release: ID:nBw2SWTzsa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 EPS
$0.05
Q4 Adjusted FFO Per Share
$0.21
Q4 RevPAR
$131


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 $8.50, about 16.3% above its February 24 closing price of $7.31

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)