Quarterly ResultAug 4, 2026, 03:26 PM
Chatham Lodging Q2 Revenue $87.8M, EPS $0.13; Acquires 6 Hotels
AI Summary
Chatham Lodging Trust reported increased financial performance for Q2 2026, with total revenue rising to $87.8 million and net income attributable to common shareholders reaching $6.2 million, or $0.13 per share. The company also completed the acquisition of a portfolio of six hotel properties for $92.0 million in March 2026. Additionally, Chatham Lodging repurchased $9.5 million of common shares year-to-date under its $25.0 million share repurchase program and increased its common dividend.
Key Highlights
- Q2 2026 total revenue increased to $87.8 million from $80.3 million YoY.
- Net income attributable to common shareholders rose to $6.2 million in Q2 2026.
- Basic EPS for Q2 2026 was $0.13, up from $0.07 in Q2 2025.
- Acquired a portfolio of six hotel properties for $92.0 million on March 3, 2026.
- Repurchased $9.5 million of common shares year-to-date through June 30, 2026.
- Declared common dividends of $0.10 per share for Q2 2026, up from $0.09 YoY.
- Net cash provided by operating activities was $38.9 million for the six months.
- Net borrowings of $75.0 million under revolving credit facility in H1 2026.
Price Impact
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