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 21 hotels with an aggregate of 6,479 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)--Apr. 5, 2018--
Chesapeake Lodging Trust (NYSE: CHSP) (the “Trust”) announced today that
its board of trustees has determined that the 2018 annual meeting of
shareholders will be held on Thursday, June 14, 2018 at 9:00 a.m.
Eastern Time. Shareholders of record on April 24, 2018 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 t...
ARLINGTON, Va.--(BUSINESS WIRE)--Apr. 4, 2018--
Chesapeake Lodging Trust (NYSE:CHSP) will release its earnings for the
quarter ended March 31, 2018 before the market opens on Tuesday, May 1,
2018 and will host a conference call later that morning at 11:00 a.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)--Mar. 7, 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 April 13, 2018 to
shareholders of record at the close of business on March 29, 2018. The
dividend represents a 6.1% annualized yield based on the closing price
of the Trust’s common shares on March 6, 2018.
ARLINGTON, Va.--(BUSINESS WIRE)--Feb. 15, 2018--
Chesapeake Lodging Trust (NYSE:CHSP), a lodging real estate investment
trust (REIT), reported today its financial results for the quarter ended
December 31, 2017.
Comparable RevPAR: 0.3%
increase for the 21-hotel portfolio and 1.2% increase for the 14-hotel
portfolio over the same period in 2016.
Comparable Adjusted Hotel EBITDA Margi...
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