Chatham’s 39-hotel portfolio posts higher Q3 RevPAR
West Palm Beach-based Chatham Lodging Trust reported higher third-quarter revenue per available room, occupancy and average daily rate across 39 comparable hotels.
Key Takeaways
- •RevPAR at 39 comparable hotels was $161, compared with $149 a year earlier.
- •Occupancy rose to 83% from 79%, and average daily rate increased to $194 from $189.
- •Chatham reported $5 million in net income to common shareholders and $32 million in adjusted EBITDA.
West Palm Beach-based Chatham Lodging Trust reported higher third-quarter revenue per available room, occupancy and average daily rate across 39 comparable hotels, according to its earnings release Thursday. The figures describe the company’s portfolio, not the South Florida hotel market.
The company reported revenue per available room of $161 for the quarter ended Sept. 30, up from $149 a year earlier. Occupancy rose to 83% from 79%, while average daily rate increased to $194 from $189.
Chatham also reported $5 million in net income to common shareholders, compared with $2 million in the third quarter of 2025. Adjusted EBITDA, a company-defined non-GAAP measure, was $32 million, up from $26 million.
The release lists adjusted funds from operations of 46 cents per diluted share, compared with 35 cents in the prior-year quarter, whose figures were recast.
