Wednesday, August 11, 2010

Chatham Lodging Trust Announces Second-Quarter Earnings, Executing Growth Plans



PALM BEACH, FL., Aug. 10, 2010 /PRNewswire-FirstCall/ -- Chatham Lodging Trust (NYSE: CLDT), a hotel real estate investment trust (REIT) focused on upscale extended-stay hotels and premium- branded select-service hotels, today announced results for the quarter ended June 30, 2010.

FFO, Adjusted FFO, FFO per share, Adjusted FFO per share, EBITDA and Adjusted EBITDA are not generally accepted accounting principles (GAAP) financial measures and are discussed in further detail and reconciled to net income applicable to common shareholders later in this press release.

 Adjusted FFO, Adjusted FFO per share and Adjusted EBITDA exclude acquisition costs which are included as expenses in the Company's Consolidated Statement of Operations.

For a complete copy of the company's news release and financials, please contact

Jeff Fisher, Chief Executive Officer of Chatham Lodging Trust, +1-561-227-1309; or

Jerry Daly or Carol McCune, both of Daly Gray for Chatham Lodging Trust, +1-703-435-6293

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