PALM BEACH, FL, July 12, 2013 -- Chatham Lodging Trust
(NYSE: CLDT), a hotel real estate investment trust (REIT) focused on investing
in upscale extended-stay hotels and premium branded select-service hotels,
acknowledged today’s Schedule 13D filing by HG Vora Capital Management and
affiliates reporting a 9.8 percent stake in the Chatham and their interest in
having discussions with the company about a potential privatization.
HG Vora Capital had
previously filed a Schedule 13G reporting a 7 percent stake in Chatham in
January 2013.
Chatham’s Board and management are committed to building
long-lasting value for all Chatham stockholders. As a matter of corporate policy, Chatham does not comment on
market rumors or speculate on the intentions or future actions of our
stockholders.
For a complete copy of the company’s news release, please
contact:
Chris Daly
President
Daly Gray, Inc.
Ph: 703-435-6293
Cell: 703-864-5553
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