We are a self-advised real estate investment trust (“REIT”) that was organized in June 2009. We are focused on investments primarily in upper-upscale hotels in major business and convention markets and, on a selective basis, premium select-service hotels in urban settings or unique locations in the U.S. We believe current industry dynamics have and will continue to create attractive opportunities to acquire high-quality hotels, at prices below replacement costs, with attractive yields on investment and upside potential. We currently own 20 hotels with an aggregate of 6,279 rooms in eight states and the District of Columbia.
Our senior executive officers have extensive experience in the lodging industry, including the acquisition, development, financing, repositioning, asset management and disposition of hotels. They have established and maintained a broad network of hotel industry contacts, including long-standing relationships with hotel owners, independent hotel managers, global hotel brands, hotel brokers, financiers and institutional investors that we believe will provide us with attractive acquisition opportunities.
ARLINGTON, Va.--(BUSINESS WIRE)--Jan. 23, 2019--
Chesapeake Lodging Trust (NYSE:CHSP) (the “Trust”) announced today the
estimated income tax classification of the Trust’s 2018 distributions on
its common shares (CUSIP #165240102). The income tax classification of
the 2018 distributions as it is expected to be reported on Form 1099-DIV
is set forth in the following tables:
ARLINGTON, Va.--(BUSINESS WIRE)--Jan. 14, 2019--
Chesapeake Lodging Trust (NYSE:CHSP) will release its earnings for the
quarter ended December 31, 2018 after the market closes on Thursday,
February 21, 2019 and will host a conference call later that afternoon
at 5:00 p.m. Eastern Time. Participating on the call will be James L.
Francis, President and Chief Executive Officer, and Douglas W. Vicari,
Executive Vice President and Chief Financial Officer.
ARLINGTON, Va.--(BUSINESS WIRE)--Dec. 18, 2018--
Chesapeake Lodging Trust (NYSE:CHSP) (the “Trust”) announced today that
its board of trustees has declared a quarterly dividend payment of $0.40
per common share. The dividend will be paid on January 15, 2019 to
shareholders of record at the close of business on December 31, 2018.
The dividend represents a 6.0% annualized yield based on the closing
price of the Trust’s common shares on December 17, 2018.
ARLINGTON, Va.--(BUSINESS WIRE)--Nov. 1, 2018--
Chesapeake Lodging Trust (NYSE:CHSP), a lodging real estate investment
trust (REIT), reported today its financial results for the quarter ended
September 30, 2018.
Comparable RevPAR: 5.0%
increase for the 20-hotel portfolio over the same period in 2017.
Comparable Adjusted Hotel EBITDAre
Margin: 20 basis point increase to 33.4% for the...
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