|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.
|10/05/16||Chesapeake Lodging Trust to Release Earnings for Quarter Ended September 30, 2016|
|ANNAPOLIS, Md.--(BUSINESS WIRE)--Oct. 5, 2016--
Chesapeake Lodging Trust (NYSE:CHSP) will release its earnings for the
quarter ended September 30, 2016 after the market closes on Tuesday,
November 1, 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.
|09/19/16||Chesapeake Lodging Trust Declares Dividends for the Third Quarter|
|ANNAPOLIS, Md.--(BUSINESS WIRE)--Sep. 19, 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 October 14, 2016 to
shareholders of record at the close of business on September 30, 2016.
The dividend represents a 6.8% annualized yield based on the closing
price of the Trust’s common shares on September 16, 2016.... |
|07/29/16||Chesapeake Lodging Trust Reports Second Quarter Results|
|ANNAPOLIS, Md.--(BUSINESS WIRE)--Jul. 29, 2016--
Chesapeake Lodging Trust (NYSE:CHSP), a lodging real estate investment
trust (REIT), reported today its financial results for the quarter ended
June 30, 2016.
RevPAR: 2.2% pro forma
increase for the hotel portfolio over the same period in 2015.
Adjusted Hotel EBITDA Margin:
50 basis point pro forma increase to 36.9% for the hotel port... |
|07/12/16||Chesapeake Lodging Trust Reports Preliminary Second Quarter Results|
|ANNAPOLIS, Md.--(BUSINESS WIRE)--Jul. 12, 2016--
Chesapeake Lodging Trust (NYSE: CHSP), a lodging real estate investment
trust (REIT), provided an update today on its financial results for the
quarter ended June 30, 2016. The Trust expects RevPAR to increase 2.2%
on a pro forma basis and Adjusted Hotel EBITDA, Adjusted Corporate
EBITDA, and AFFO per share to be near the midpoint of the guidance
ranges previously provided. The preliminary results are subj... |
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