Chatham Lodging Trust (CLDT): History, Ownership, Mission, How It Works & Makes Money

Ever wondered how a real estate investment trust (REIT) makes money in the hotel industry? Let's dive into Chatham Lodging Trust (CLDT), a self-advised, publicly traded REIT primarily focused on investing in upscale, extended-stay hotels and premium-branded, select-service hotels. Boasting a portfolio of 36 hotels with 5,475 rooms/suites across 15 states and the District of Columbia, how does Chatham Lodging Trust maintain a competitive edge and deliver returns to its shareholders?

Chatham Lodging Trust specializes in upscale extended-stay and premium-branded select-service hotels, strategically acquiring properties in markets with strong demand generators. The company focuses on markets where demand growth is expected to outpace new supply and seeks to improve under-managed or undercapitalized hotels. As of March 28, 2025, Chatham Lodging Trust has a market cap of $357.48 million. Continue reading to explore Chatham Lodging Trust's history, ownership, mission, and operational strategies.

Chatham Lodging Trust (CLDT) History

Chatham Lodging Trust Founding Timeline

Year established

Chatham Lodging Trust was established in 2009.

Original location

The company is headquartered in West Palm Beach, Florida.

Founding team members

While specific names of all founding team members are not readily available in the provided search results, Jeffrey H. Fisher is a key figure as the President and Chief Executive Officer. Additional founders or key executives may have been involved, but details are not provided in the available context.

Initial capital/funding

Information regarding the specific initial capital or funding for Chatham Lodging Trust's establishment in 2009 is not available within the provided search results.

Chatham Lodging Trust Evolution Milestones

Chatham Lodging Trust Transformative Moments

• Strategic Shift to Select-Service Hotels: Chatham Lodging Trust's focus on acquiring and managing premium-branded, select-service hotels has been a key element of its strategy. This approach targets a specific market segment and allows for efficient operations.
• Capital Allocation Decisions: The company's decisions regarding acquisitions, dispositions, and capital investments have significantly shaped its growth and portfolio composition.
• Navigating Economic Cycles: Chatham Lodging Trust has had to navigate various economic cycles and industry challenges, including the 2008 financial crisis and the COVID-19 pandemic, adapting its strategies to maintain financial stability and performance.
• Focus on maximizing RevPAR: CLDT has focused on Revenue Per Available Room (RevPAR) to maximize revenue.

To gain more insights into Chatham Lodging Trust, explore this resource: Exploring Chatham Lodging Trust (CLDT) Investor Profile: Who’s Buying and Why?

Chatham Lodging Trust (CLDT) Ownership Structure

Chatham Lodging Trust operates with a structure where ownership is distributed among various shareholders, influencing its governance and strategic direction.

Chatham Lodging Trust's Current Status

Chatham Lodging Trust is a publicly traded Real Estate Investment Trust (REIT). This means its shares are available for purchase on a stock exchange, allowing anyone to invest in the company. As a REIT, it focuses on owning and investing in income-producing real estate.

Chatham Lodging Trust's Ownership Breakdown

Understanding the ownership structure of Chatham Lodging Trust provides insight into who has the most significant influence on the company. Here is a breakdown of the ownership percentages:

Chatham Lodging Trust's Leadership

The leadership team is crucial for guiding Chatham Lodging Trust's strategy and operations. Key figures include:

• Jeffrey H. Fisher serves as the President and Chief Executive Officer.
• Dennis M. Craven holds the position of Executive Vice President and Chief Operating Officer.
• Jeremy Wegner is the Chief Financial Officer.

These individuals, along with other members of the executive team, are responsible for the day-to-day management and strategic direction of Chatham Lodging Trust.

To gain more insights into the investor profile of Chatham Lodging Trust, you might find this resource helpful: Exploring Chatham Lodging Trust (CLDT) Investor Profile: Who’s Buying and Why?

Chatham Lodging Trust (CLDT) Mission and Values

Chatham Lodging Trust aims to generate long-term value by strategically investing in premium-branded, select-service, and extended-stay hotels while upholding strong ethical standards and fostering a culture of excellence.

Chatham Lodging Trust's Core Purpose

Official mission statement

While Chatham Lodging Trust does not have a single, universally publicized official mission statement, their core purpose can be inferred from their investment strategy, operational focus, and statements made by company leadership. It can be summarized as:

• To maximize long-term shareholder value through strategic investments in premium-branded, select-service, and extended-stay hotels.
• To achieve superior operational performance and maintain high asset quality.
• To foster a culture of integrity, transparency, and social responsibility.

Vision statement

Similarly, Chatham Lodging Trust does not have a specific, widely publicized vision statement. However, their vision can be understood through their strategic objectives and long-term goals:

• To be a leading lodging REIT recognized for its high-quality portfolio, operational excellence, and strong financial performance.
• To capitalize on growth opportunities in the select-service and extended-stay hotel segments.
• To deliver consistent and attractive returns to shareholders through a combination of dividends and capital appreciation.

Company slogan/tagline

Chatham Lodging Trust does not have a formal, publicly advertised slogan or tagline. However, based on their corporate communications and investor presentations, an unofficial tagline that reflects their approach could be:

• 'Strategic Investments. Superior Performance.'
• 'Quality Hotels. Quality Returns.'

To gain more insight into the profile of investors interested in Chatham Lodging Trust, check out: Exploring Chatham Lodging Trust (CLDT) Investor Profile: Who’s Buying and Why?

Chatham Lodging Trust (CLDT) How It Works

Chatham Lodging Trust is a self-advised real estate investment trust (REIT) that primarily invests in upscale, extended-stay hotels and premium-branded select-service hotels. The company focuses on owning and operating hotels in major markets and high-growth areas in the United States.

Chatham Lodging Trust's Product/Service Portfolio

Chatham Lodging Trust's Operational Framework

Chatham Lodging Trust operates through a strategic framework centered on maximizing the value of its hotel investments. As of the fiscal year 2024, the company's approach includes:

• Property Selection: Identifying and acquiring hotels in markets with strong demand drivers, such as business centers, tourist destinations, and areas with growing economies.
• Brand Affiliation: Partnering with well-known hotel brands like Hilton, Marriott, and Hyatt to leverage their established reservation systems, marketing programs, and customer loyalty programs.
• Asset Management: Implementing strategies to enhance the performance of its hotels, including property renovations, operational improvements, and revenue management initiatives.
• Capital Allocation: Prudently managing its capital by strategically investing in acquisitions, property improvements, and debt reduction to optimize returns and maintain a strong balance sheet.
• Operational Efficiency: Focusing on efficient hotel operations to control costs and improve profitability. This includes implementing best practices in areas such as labor management, energy consumption, and procurement.

Chatham Lodging Trust's Strategic Advantages

Chatham Lodging Trust maintains several strategic advantages that contribute to its success in the hospitality industry. These advantages include:

• Premium Brand Portfolio: Affiliation with leading hotel brands provides a competitive edge through brand recognition, customer loyalty, and access to established distribution channels.
• Strategic Locations: Properties are located in high-demand markets with diverse demand generators, which helps to mitigate risk and drive revenue growth.
• Experienced Management Team: A seasoned management team with extensive experience in hotel investment, operations, and asset management guides the company's strategic direction.
• Active Asset Management: Proactive asset management strategies, including property renovations and operational improvements, enhance the performance and value of its hotel portfolio.
• Financial Flexibility: Access to capital markets and a disciplined approach to capital allocation provide the financial flexibility to pursue growth opportunities and manage its balance sheet effectively.

For insights into Chatham Lodging Trust's financial stability, consider reading Breaking Down Chatham Lodging Trust (CLDT) Financial Health: Key Insights for Investors.

Chatham Lodging Trust (CLDT) How It Makes Money

Chatham Lodging Trust primarily makes money by investing in upscale, extended-stay hotels and premium-branded, select-service hotels, generating revenue through room rentals and other hotel services.

Chatham Lodging Trust's Revenue Breakdown

As the most recent data is not available, the following table uses previous data to illustrate potential revenue streams and their composition:

Chatham Lodging Trust's Business Economics

Chatham Lodging Trust's business economics are influenced by several factors:

• Occupancy Rates: Higher occupancy rates directly increase room revenue.
• Average Daily Rate (ADR): The ability to charge higher rates for rooms boosts revenue.
• Revenue Per Available Room (RevPAR): A key metric combining occupancy and ADR, indicating overall performance.
• Operating Expenses: Efficient management of costs such as labor, utilities, and maintenance is crucial for profitability.
• Capital Expenditures: Ongoing investments in property improvements to maintain competitiveness.
• Seasonality: Demand fluctuates based on travel seasons, impacting revenue.

Chatham Lodging Trust's Financial Performance

Key aspects of Chatham Lodging Trust's financial performance include:

• Revenue Growth: Increases in total revenue, driven by occupancy, ADR, and RevPAR.
• Net Operating Income (NOI): A measure of property-level profitability, excluding corporate overhead and financing costs.
• Adjusted Funds From Operations (AFFO): A key metric for REITs, reflecting cash flow available for distribution to shareholders.
• Debt Management: Maintaining a healthy balance sheet with manageable debt levels and interest expenses.
• Dividend Payouts: Consistent dividend payments to shareholders, supported by AFFO.

To gain more detailed insights into the company's financial health, explore Breaking Down Chatham Lodging Trust (CLDT) Financial Health: Key Insights for Investors.

Chatham Lodging Trust (CLDT) Market Position & Future Outlook

Chatham Lodging Trust operates within the competitive real estate investment trust (REIT) sector, specifically focusing on upscale, extended-stay hotels and premium-branded select-service hotels. As of April 2025, the company is navigating a dynamic market influenced by fluctuating travel demands and economic conditions, with a strategic emphasis on maximizing revenue and operational efficiency. To learn more, see: Mission Statement, Vision, & Core Values of Chatham Lodging Trust (CLDT).

Competitive Landscape

Opportunities & Challenges

Industry Position

Chatham Lodging Trust maintains a specific position within the lodging REIT sector. Key aspects of their industry standing include:

• Focus on select-service and extended-stay hotels: This niche allows them to cater to specific traveler needs, potentially providing more stable occupancy rates compared to full-service hotels.
• Strategic asset management: Actively managing and optimizing their portfolio to enhance revenue and profitability.
• Growth through acquisitions: Expanding their footprint by acquiring well-performing hotels in strategic markets.