PALM BEACH, Fla.--(BUSINESS WIRE)--May 23, 2014-- Chatham Lodging Trust (NYSE:CLDT), a hotel real estate investment trust (REIT) that owns wholly or through its joint ventures 77 premium-branded, upscale, extended-stay and select-service hotels, today announced that it will be added to the MSCI US REIT Index (RMZ) as of the close of business May 30, 2014. The MSCI US REIT Index represents approximately 85% of the US REIT universe.

“We are gratified to become one of the 135 public REITs that will comprise the MSCI US REIT Index at the close of business on May 30,” said Jeffrey H. Fisher, Chatham’s president and chief executive officer. “It is another accomplishment for Chatham and our shareholders as we continue to focus on our goal of building Chatham into the premier, select-service and upscale, extended-stay lodging REIT.”

About Chatham Lodging Trust

Chatham Lodging Trust is a self-advised REIT that was organized to invest in upscale extended-stay hotels and premium-branded, select-service hotels. The company owns interests in 77 hotels totaling 10,688 rooms/suites, comprised of 25 hotels it wholly owns with an aggregate of 3,592 rooms/suites in 15 states and the District of Columbia and holds a minority investment in two joint ventures that own 52 hotels with an aggregate of 7,096 rooms/suites. Additional information about Chatham may be found at www.chathamlodgingtrust.com.

This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 about Chatham Lodging Trust, including those statements regarding acquisitions, capital expenditures, future operating results and the timing and composition of revenues, among others, and statements containing words such as “expects,” “believes” or “will,” which indicate that those statements are forward-looking. Except for historical information, the matters discussed in this press release are forward-looking statements that are subject to certain risks and uncertainties that could cause the actual results or performance to differ materially from those discussed in such statements. Additional risks are discussed in the company’s filings with the Securities and Exchange Commission.

Source: Chatham Lodging Trust

Company:
Chatham Lodging Trust
Dennis Craven, 561-227-1386
Chief Financial Officer
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Media:
Daly Gray, Inc.
Chris Daly, 703-435-6293