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Chatham Lodging Q2 Net Income Rises as RevPAR Hits Record

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Chatham Lodging Trust (CLDT-PA) reported second-quarter 2026 results for the period ended June 30, with total revenue of $87.8 million. Net income attributable to common shareholders was $6.2 million, compared with $3.4 million in the 2025 second quarter, and diluted net income per common share was $0.13 versus $0.07.

Comparable hotel RevPAR increased more than 3% to $158. July RevPAR for the 39 hotels rose 10% to $169, while the company reported adjusted EBITDA of $32.7 million and AFFO per diluted share of $0.48.

  • RevPAR: Comparable hotel RevPAR rose to $158, an all-time second-quarter high.
  • Margins: GOP margin was 47%, and hotel EBITDA margin was 41%.
  • Capital returns: The company repurchased 0.3 million shares during the quarter at an average price of $9.07.
  • Dividend: The board declared a quarterly common dividend of $0.10 per share and a preferred dividend of $0.41406 per share.
  • Guidance: 2026 guidance includes total hotel revenue of $312 million to $316 million and net loss to common shares of $4.7 million to $1.6 million.

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