News Release
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Chatham Lodging Continues Expansion with Acquisitions of Residence Inns in Boston (Dedham) and Fort Lauderdale Intracoastal
Continues to Privately Source Diamonds in the Rough
“Our outlook on the industry remains bullish, and we continue to find
excellent opportunities to add properties that match our strategy of
acquiring premium-branded, high-quality, in-fill hotels with high
barriers to entry and growing demand in two of the country’s strongest
lodging markets,” said
“The Residence Inn Boston (
“The Residence Inn Fort Lauderdale Intracoastal/Il Lugano is an absolute
gem of an asset located directly on the Intracoastal Waterway with
stunning views in a rapidly growing area of south
Opened in 1998, the
For the discerning traveler, the hotel provides excellent access to some
of the more exclusive beaches and restaurants as compared to hotels
along the
“These hotels are in very strong markets with revenue per available room
within the Boston Dedham and Ft. Lauderdale Intracoastal hotels’ markets
up 17 percent and 11 percent, respectively, year-to-date through June
2015,” highlighted
Chatham funded the
About
This press release may contain “forward-looking statements” within
the meaning of the Private Securities Litigation Reform Act of 1995
about
View source version on businesswire.com: http://www.businesswire.com/news/home/20150722005263/en/
Source:
Daly Gray Public Relations
Chris Daly, 703-435-6293
chris@dalygray.com
or
Chatham
Lodging Trust
Dennis Craven, 561-227-1386
Chief Operating
Officer
dcraven@cl-trust.com