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CLDT - Chatham Lodging Trust AFFO of $0.07 beats by $0.06 revenue of $54.89M beats by $0.81M
Chatham Lodging Trust of Beneficial Interest
Chatham Lodging Trust press release (NYSE:CLDT): Q1 AFFO of $0.07 beats by $0.06. Revenue of $54.89M (+70.9% Y/Y) beats by $0.81M. GOP Margin – Grew margins a significant 27 percent to a portfolio-wide GOP margin of 38 percent in the 2022 first quarter compared to 30 percent in the 2021 first quarter. Adjusted EBITDA – Jumped to $13.3 million from $1.2 million in the 2021 first quarter.