Chatham Lodging Declares Monthly Dividend
Friday August 9th, 2013 - 10:31AM X
| | | | | | | | | | |
These are shortcuts to your favorite social networking and bookmark sites. Add this story to your Facebook page, del.icio.us, DiggIt, and many others!
PALM BEACH, FL—Chatham Lodging Trust has declared a monthly common share dividend of $0.07 for August 2013.
The common dividend is payable September 27, 2013, to shareholders of record on August 30, 2013. Chatham Lodging Trust is a hotel real estate investment trust (REIT) focused on upscale extended-stay and premium-branded select-service hotels. The company owns interests in 73 hotels acquired for approximately $1.5 billion, comprised of 21 hotels it wholly owns and 52 hotels in which it holds a minority investment in a joint venture.
Tags: • Hospitality • Quarterly Results •
For the past few years, the talk of The Lodging Conference in Phoenix had been focused on the economic recovery, solid industry projections and “cautious optimism.” With the word cautious no longer necessary, the economic outlook took a backseat this year to the seemingly unending parade of new lifestyle brands.