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Chatham Lodging Trust (NYSE:CLDT) will announce its first quarter 2023 financial results on May 4, 2023, before the market opens. Following this, a conference call featuring key executives will occur at 1:00 p.m. ET to discuss the results. Interested parties can access the call via a webcast on Chatham's website or by phone. The company, focused on upscale, extended-stay hotels and premium-branded, select-service hotels, owns 39 hotels totaling 5,914 rooms/suites across 16 states and the District of Columbia. A recording of the call will be available until May 11, 2023. More details can be found at chathamlodgingtrust.com.
Positive
Scheduled earnings report may indicate financial health and strategic direction.
Engagement in a conference call allows for transparency with investors and stakeholders.
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None.
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--
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 39 hotels, today announced that it will report first quarter 2023 financial results on Thursday, May 4, 2023, before the opening of the market. That same day at 1:00 p.m. ET, Jeffrey H. Fisher, Chatham’s chief executive officer, Dennis M. Craven, executive vice president and chief operating officer, and Jeremy Wegner, senior vice president and chief financial officer, will host a conference call to review first quarter 2023 financial results.
Shareholders and other interested parties may listen to a simultaneous webcast of the conference call on the Internet by logging onto Chatham’s Web site, http://chathamlodgingtrust.com/, or may participate in the conference call by dialing 1-877-407-0789 and referencing Chatham Lodging Trust. A recording of the call will be available by telephone until Thursday, May 11, 2023 at 11:59 pm ET, by dialing 1-844-512-2921, reference number 13737921. A replay of the conference call will be posted on Chatham’s website.
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 39 hotels totaling 5,914 rooms/suites in 16 states and the District of Columbia. 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.
