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| Jeremy Wegner |
PALM BEACH, FL, Aug. 5, 2015 — Chatham Lodging Trust (NYSE:
CLDT), a lodging real estate investment trust (REIT) that invests in upscale,
extended-stay hotels and
premium-branded, select-service hotels and owns wholly or through its joint
ventures 132 hotels, today announced results for the second quarter ended June
30, 2015.
In addition, the company provided initial
guidance for the 2015 third quarter and updated its 2015 full-year guidance.
“We have a solid balance
sheet that provides us capacity to continue making high-quality acquisitions
while maintaining reasonable leverage,” explained Jeremy Wegner, Chatham’s chief financial officer.
“Additionally, because we
have issued long-term debt over the last couple of years and currently all of
our debt is long-term with low fixed rates, our earnings will not be materially
impacted by any rise in interest rates for the foreseeable future.”
For a complete copy of the company’s news release,
please contact:
Patrick Daly
Account Executive
Daly Gray, Inc.
620 Herndon Parkway
Suite 115
Herndon, VA 20170
(703) 435-6293 (office)
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