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Chatham Lodging Completes Acquisition of the Residence Inn Fort Lauderdale Intracoastal
“This is a great addition to our portfolio, further enhances its quality
and geographic distribution,” commented
For the discerning traveler, the hotel provides excellent access to some
of the more exclusive beaches and restaurants as compared to hotels
along the
Chatham funded the Fort Lauderdale Intracoastal purchase with available cash and borrowings on its revolving credit facility. The hotel will be managed by Island Hospitality Management, a leading hotel management company which is 51 percent owned by Fisher.
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/20150818005435/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