|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 22 hotels with an aggregate of 6,694 rooms in nine 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.
|05/17/16||Chesapeake Lodging Trust Declares Dividends for the Second Quarter|
|ANNAPOLIS, Md.--(BUSINESS WIRE)--May 17, 2016--
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 July 15, 2016 to
shareholders of record at the close of business on June 30, 2016. The
dividend represents a 6.5% annualized yield based on the closing price
of the Trust’s common shares on May 16, 2016.
|04/28/16||Chesapeake Lodging Trust Reports First Quarter Results; Pro Forma RevPAR Increased 10.1%|
|ANNAPOLIS, Md.--(BUSINESS WIRE)--Apr. 28, 2016--
Chesapeake Lodging Trust (NYSE:CHSP), a lodging real estate investment
trust (REIT), reported today its financial results for the quarter ended
March 31, 2016.
RevPAR: 10.1% pro forma
increase for the hotel portfolio over the same period in 2015.
Adjusted Hotel EBITDA Margin:
360 basis point pro forma increase to 28.5% for the hotel p... |
|03/21/16||Chesapeake Lodging Trust to Release Earnings for Quarter Ended March 31, 2016|
|ANNAPOLIS, Md.--(BUSINESS WIRE)--Mar. 21, 2016--
Chesapeake Lodging Trust (NYSE:CHSP) will release its earnings for the
quarter ended March 31, 2016 after the market closes on Thursday, April
28, 2016 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.
|03/16/16||Chesapeake Lodging Trust Sets Date of 2016 Annual Meeting of Shareholders|
|ANNAPOLIS, Md.--(BUSINESS WIRE)--Mar. 16, 2016--
Chesapeake Lodging Trust (NYSE: CHSP) (the “Trust”) announced today that
its board of trustees has determined that the 2016 annual meeting of
shareholders will be held on Tuesday, May 17, 2016 at 9:00 a.m. Eastern
Time. Shareholders of record on April 1, 2016 will be notified of the
meeting and will be eligible to vote. Further information about the
annual meeting and the items then to be considered by the... |
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