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2010 Press Releases

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Q2 2010 Chesapeake Lodging Trust Earnings Conference Call (Replay)
08/04/10 at 10:00 a.m. ET
Q2 2010 Chesapeake Lodging Trust Earnings Conference Call
Wednesday, August 4, 2010 10:00 a.m. ET  
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08/04/10Chesapeake Lodging Trust Reports Second Quarter Results
ANNAPOLIS, Md., Aug 04, 2010 (BUSINESS WIRE) --Chesapeake Lodging Trust (NYSE:CHSP), a lodging real estate investment trust (REIT), reported today its financial results for the quarter ended June 30, 2010. CONSOLIDATED FINANCIAL RESULTS For the second quarter 2010, the Company reported total revenue of $11.8 million and net income of $1.4 million, or $.15 per diluted share. Funds from operations (FFO) were $2.1 million, or $.23 per diluted share, and ... 
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08/02/10Chesapeake Lodging Trust Announces Closing of $115 Million Credit Facility and Acquisition of Two Hotels
ANNAPOLIS, Md., Aug 02, 2010 (BUSINESS WIRE) --Chesapeake Lodging Trust (NYSE:CHSP) announced today that it has entered into a credit agreement to obtain a $115 million, two-year secured revolving credit facility with a syndicate of banks. The facility is led by Wells Fargo Bank, N.A., as administrative agent, and JPMorgan Chase Bank, N.A., as syndication agent. The amount that the Company can borrow under the revolving credit facility is based on the valu... 
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07/21/10Chesapeake Lodging Trust to Release Earnings for Quarter Ended June 30, 2010
ANNAPOLIS, Md., Jul 21, 2010 (BUSINESS WIRE) --Chesapeake Lodging Trust (NYSE:CHSP) will release its earnings for the quarter ended June 30, 2010 before the market opens on Wednesday, August 4, 2010, and will host a conference call that morning at 10:00 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. Interested ind... 
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07/06/10Chesapeake Lodging Trust Announces the Signing of a Definitive Agreement to Acquire the Boston Marriott Newton
ANNAPOLIS, Md., Jul 06, 2010 (BUSINESS WIRE) --Chesapeake Lodging Trust (NYSE:CHSP) announced today that it has entered into a definitive agreement to acquire the 430-room Boston Marriott Newton located in Newton, Massachusetts for a purchase price of $77.25 million, or approximately $180,000 per key. The Company expects to close this transaction within the next 30 days. The Company intends to enter into an agreement with a third-party manager to operate t... 
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06/01/10Chesapeake Lodging Trust Announces the Acquisition of the Hilton Checkers Los Angeles Hotel
ANNAPOLIS, Md., Jun 01, 2010 (BUSINESS WIRE) --Chesapeake Lodging Trust (NYSE:CHSP) announced today that it has closed on the previously announced acquisition of the 188-room Hilton Checkers Los Angeles hotel located in Los Angeles, California for a purchase price of $46 million, or approximately $245,000 per key. The acquisition was funded with proceeds from the Company's initial public offering. The Company entered into an agreement with Crestline Hotels... 
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05/05/10Chesapeake Lodging Trust Reports First Quarter Results
ANNAPOLIS, Md., May 05, 2010 (BUSINESS WIRE) --Chesapeake Lodging Trust (NYSE:CHSP), a lodging real estate investment trust (REIT), reported today its financial results for the quarter ended March 31, 2010. CONSOLIDATED FINANCIAL RESULTS For the first quarter 2010, the Company reported total revenue of $2.4 million and net loss of $(1.3) million, or $(.14) per diluted share. Funds from operations (FFO) were $(1.1) million, or $(.12) per diluted share, ... 
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04/29/10Chesapeake Lodging Trust Announces the Signing of Definitive Agreements to Acquire Two Southern California Hotels
ANNAPOLIS, Md., Apr 29, 2010 (BUSINESS WIRE) --Chesapeake Lodging Trust (NYSE:CHSP), a lodging real estate investment trust (REIT), announced today that it has entered into definitive agreements to acquire the 188-room Hilton Checkers Los Angeles located in Los Angeles, California and the 153-room Courtyard Anaheim at Disneyland Resort located in Anaheim, California, for an aggregate purchase price of $71 million, or approximately $208,000 per key. The ... 
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04/26/10Chesapeake Lodging Trust Announces Time Change for First Quarter 2010 Earnings Conference Call
ANNAPOLIS, Md., Apr 26, 2010 (BUSINESS WIRE) --Chesapeake Lodging Trust (NYSE:CHSP) announced today that it has changed the time of the Company's conference call to discuss first quarter 2010 financial results to 9:00 a.m. Eastern Time on Thursday, May 6, 2010 (previously scheduled at 11:00 a.m.). The Company will release its earnings for the quarter ended March 31, 2010 after the market closes on Wednesday, May 5, 2010. Participating on the call will be J... 
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04/22/10Chesapeake Lodging Trust to Release Earnings for Quarter Ended March 31, 2010
ANNAPOLIS, Md., Apr 22, 2010 (BUSINESS WIRE) --Chesapeake Lodging Trust (NYSE:CHSP) will release its earnings for the quarter ended March 31, 2010 after the market closes on Wednesday, May 5, 2010, and will host a conference call on Thursday, May 6, 2010, 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. Inter... 
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01/22/10Chesapeake Lodging Trust Prices IPO
FAIRFIELD, N.J., Jan 22, 2010 (BUSINESS WIRE) -- Chesapeake Lodging Trust (the "Company") today announced it has priced its initial public offering of 7,500,000 common shares of beneficial interest, $0.01 par value per share, at $20 per share. The offering is expected to close on January 27, 2010. The underwriters have a 30-day option to purchase up to an additional 1,125,000 shares to cover overallotments, if any. All the shares are being offered by the ... 
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