Chatham Lodging Trust Beats Expectations for Third Quarter 2017

Portfolio Revenue per Available Room (RevPAR) – Increased 1.0 percent, at the upper end of guidance, to $146, compared to the 2016 third quarter, for Chatham’s 39, wholly owned hotels. Average daily rate (ADR) improved 0.5 percent to $173 and occupancy grew 0.5 percent to 85 percent.

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