Quarterly ResultAug 4, 2026, 06:34 AM
Chatham Lodging Q2 AFFO per Share +22%, RevPAR +3%, Raises Guidance
AI Summary
Chatham Lodging Trust reported strong second-quarter 2026 results, with Adjusted FFO per diluted share surging 22% to $0.48 and RevPAR increasing over 3% to an all-time Q2 high of $158. The company also saw significant margin expansion, with Hotel EBITDA margins rising 220 basis points to 41%. Following this performance, Chatham Lodging Trust raised its full-year 2026 guidance and highlighted robust July RevPAR growth of 10%.
Key Highlights
- Adjusted FFO per diluted share increased 22% to $0.48 in Q2 2026.
- RevPAR for 39 comparable hotels rose over 3% to $158, an all-time Q2 high.
- Net income applicable to common shareholders was $6 million, up from $3 million in Q2 2025.
- Hotel EBITDA margins expanded 220 basis points to 41% in Q2 2026.
- Adjusted EBITDA increased 15% to $33 million.
- Repurchased 0.3 million shares at an average price of $9.07 during the quarter.
- July RevPAR for 39 hotels accelerated 10% to $169, an all-time high for July.
- Raised 2026 full-year guidance for RevPAR, total hotel revenue, and Adjusted FFO per diluted share.
Price Impact
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