Chatham Lodging Guides FY26 Hotel Revenue to $312M-$316M, Above Consensus
CLDT has more than doubled off its 52-week low of $6.08.
Summary
Chatham Lodging Trust issued FY26 total hotel revenue guidance of $312M-$316M, a range that sits above the current consensus estimate of $308M. The midpoint of $314M implies roughly 5% growth over the prior year's $299M, reflecting continued demand recovery in its upscale extended-stay and select-service portfolio. This follows a strong Q1 where Adjusted FFO per share rose 18% and the company raised its full-year outlook, signaling management's confidence in sustained RevPAR gains. The stock is trading near its 52-week high of $13.88, and this top-line beat could reinforce the upward momentum. With six hotel acquisitions completed in Q1 and an active share repurchase program, the revenue guide adds a concrete growth metric for investors to track through the remainder of the year.
At the time of this announcement, CLDT was trading at $13.50 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $613.9M. The 52-week trading range was $6.08 to $13.88. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.