Chatham Lodging Trust Q2 2026: RevPAR Climbs 3.3%, Net Income Swings to $8.5M

summarizeSummary

Chatham Lodging Trust delivered strong Q2 2026 results, with net income rising to $8.5 million from $5.5 million a year ago, as same-property RevPAR grew 3.3% and recent acquisitions boosted the top line.

check_boxKey Events · Earnings and Guidance · CLDT

• Q2 Net Income Swings to $8.5M

  Net income attributable to common shareholders reached $6.2 million, or $0.13 per diluted share, a marked improvement from $3.4 million, or $0.07 per share, in Q2 2025. Total revenue climbed 9.4% to $87.8 million.

• Same-Property RevPAR Up 3.3%

  Driving the top-line growth, same-property revenue per available room rose to $157.97, supported by a 3.9% increase in average daily rate to $195.34, though occupancy edged down 0.5% to 80.9%.

• Six-Hotel Portfolio Acquisition Adds $7.3M in Revenue

  The March 3, 2026 acquisition of six hotels for $92 million contributed $7.3 million in revenue and $3.7 million in operating expenses during the quarter.

• Share Repurchases Total $9.5M in H1 2026

  During the first half of 2026, the company repurchased 1.2 million common shares at an average price of $7.79, leaving $6.6 million remaining under its $25 million buyback authorization.

auto_awesomeAnalysis · CLDT · Real Estate & Construction

A sharp turnaround in profitability highlights Chatham Lodging Trust's Q2 2026, with net income reaching $8.5 million compared to the prior year's $5.5 million. The improvement was fueled by a 3.3% increase in same-property RevPAR and the addition of six hotels acquired in March 2026. Confidence in the company's valuation is further underscored by $9.5 million in common share repurchases during the first half of the year. While the results are solid, the stock is trading near its 52-week high, which may limit upside surprise.