WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Nov. 10, 2017--
Chatham Lodging Trust (NYSE:CLDT), a lodging real estate investment
trust (REIT) that invests in upscale, extended-stay hotels and
premium-branded, select-service hotels and owns 134 hotels wholly or
through joint ventures, today announced that its board of trustees has
declared a monthly common share dividend of $0.11 for November 2017. The
common dividend is payable December 29, 2017, to shareholders of record
on November 30, 2017.
About Chatham Lodging Trust
Chatham Lodging Trust is a self-advised, publicly-traded real estate
investment trust focused primarily on investing in upscale,
extended-stay hotels and premium-branded, select-service hotels. The
company owns interests in 134 hotels totaling 18,341 rooms/suites,
comprised of 39 properties it wholly owns with an aggregate of 5,843
rooms/suites in 15 states and the District of Columbia and a minority
investment in two joint ventures that own 95 hotels with an aggregate of
12,498 rooms/suites. Additional information about Chatham may be found
at chathamlodgingtrust.com.
Included in this press release are certain “non-GAAP financial
measures,” within the meaning of Securities and Exchange Commission
(SEC) rules and regulations, that are different from measures calculated
and presented in accordance with GAAP (generally accepted accounting
principles). The company considers the following non-GAAP financial
measures useful to investors as key supplemental measures of its
operating performance: (1) FFO, (2) Adjusted FFO, (3) EBITDA, and
(4) Adjusted EBITDA. These non-GAAP financial measures could be
considered along with, but not as alternatives to, net income or loss,
cash flows from operations or any other measures of the company’s
operating performance prescribed by GAAP.

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Source: Chatham Lodging Trust
Chatham Lodging Trust
Dennis Craven, 561-227-1386
dcraven@cl-trust.com