Chatham Lodging Reports Monthly Dividend
Tuesday September 10th, 2013 - 10:14AM X
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PALM BEACH, FL—Chatham Lodging Trust has declared a monthly common share dividend of $0.07 for September 2013.
The common dividend is payable Oct. 25, 2013, to shareholders of record on Sept. 30, 2013.
Chatham Lodging Trust is a hotel real estate investment trust focused on upscale extended-stay hotels and premium branded select-service properties. The company owns interest in 75 hotes, comprised of 22 hotels it wholly owns and a minority investment in two joint ventures that own 53 hotels.
Tags: Chatham Lodging trust • monthly dividend • Hospitality • Quarterly Results •
When you hear all the lodging industry projections for the months and years to come, much of the robust growth is forecast to be the result of the expected influx of travelers from China. In what could only be seen as good news for the industry, that expectation moved a little closer to reality when President Obama signed a visa waiver extension for Chinese travelers earlier this month.