<span item_type="fundamental" item_id="12b14009b1de33874d2c498a4e089ef5" counter_id="ST/US/CLDT" env="prod"></span><span item_type="announcement" item_id="645741442400984321" env="prod"></span><p>Revenue: As of FY2026 Q1, the actual value is USD 67.5 M.</p><p>EPS: As of FY2026 Q1, the actual value is USD -0.13, beating the estimate of USD -0.18.</p><p>EBIT: As of FY2026 Q1, the actual value is USD 7.764 M.</p><p></p><h3>Financial and Operational Metrics (Three Months Ended March 31, 2026, unless otherwise specified)</h3><h4>Net Income (Loss)</h4><ul><li>Net loss applicable to common shareholders was - $6 million, compared to a net loss of less than - $1 million in the first quarter of 2025, which included a $7 million gain on sale of assets in 2025. Net loss to common shareholders was - $6.3 million in Q1 2026, compared to - $0.5 million in Q1 2025. Diluted net loss per common share was - $0.13 in Q1 2026, compared to - $0.01 in Q1 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1476045/000143774926015374/ex_918060.htm"></span></li></ul><h4>Revenue</h4><ul><li>Total revenue was $67.504 million in Q1 2026, down from $68.635 million in Q1 2025. Room revenue was $61.203 million in Q1 2026, compared to $62.418 million in Q1 2025. Food and beverage revenue was $1.602 million in Q1 2026, compared to $1.659 million in Q1 2025. Other revenue was $4.428 million in Q1 2026, compared to $4.281 million in Q1 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1476045/000143774926015374/ex_918060.htm"></span></li></ul><h4>Operational Metrics</h4><ul><li><strong>Portfolio Revenue Per Available Room (RevPAR)</strong>: Increased 1 percent to $128 for 39 comparable hotels in Q1 2026, compared to $127 in Q1 2025. Occupancy increased 15 basis points to 73 percent. Average daily rate (ADR) rose 80 basis points to $177, marking an all-time first quarter record. RevPAR for the four Silicon Valley hotels was up 11 percent, or 23 percent excluding one hotel under renovation. RevPAR for the recently acquired six-hotel portfolio jumped 6 percent to $108.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1476045/000143774926015374/ex_918060.htm"></span></li><li><strong>Gross Operating Profit (GOP) Margin</strong>: Increased 60 basis points to 40 percent in Q1 2026, compared to 39 percent in Q1 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1476045/000143774926015374/ex_918060.htm"></span></li><li><strong>Hotel EBITDA Margin</strong>: Surged 135 basis points to 32 percent in Q1 2026, compared to 30 percent in Q1 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1476045/000143774926015374/ex_918060.htm"></span></li><li><strong>Adjusted EBITDA</strong>: Rose approximately $0.5 million to $18.4 million in Q1 2026, compared to $17.9 million in Q1 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1476045/000143774926015374/ex_918060.htm"></span></li><li><strong>Adjusted Funds From Operations (AFFO)</strong>: Increased to $10.1 million in Q1 2026, compared to $9.0 million in Q1 2025. AFFO per diluted share advanced 18 percent to $0.20 in Q1 2026, compared to $0.17 in Q1 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1476045/000143774926015374/ex_918060.htm"></span></li><li><strong>Operating Expenses</strong>: Total operating expenses were $65.984 million in Q1 2026, down from $67.445 million in Q1 2025. Hotel operating expenses were $40.671 million in Q1 2026, compared to $41.779 million in Q1 2025. Depreciation and amortization were $14.778 million in Q1 2026, compared to $15.032 million in Q1 2025. Property taxes, ground rent, and insurance were $5.160 million in Q1 2026, compared to $5.744 million in Q1 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1476045/000143774926015374/ex_918060.htm"></span></li><li><strong>Corporate EBITDA</strong>: Was $18 million in Q1 2026, consistent with Q1 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1476045/000143774926015374/ex_918060.htm"></span></li></ul><h4>Cash Flow</h4><ul><li>Cash flow before Capital Expenditures was $11 million in Q1 2026, up from $9 million in Q1 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1476045/000143774926015374/ex_918060.htm"></span></li></ul><h4>Capital Structure and Investments</h4><ul><li>Capital expenditures incurred were approximately $6 million in Q1 2026. The 2026 capital expenditure budget is approximately $27 million, including $17 million for renovations at three hotels.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1476045/000143774926015374/ex_918060.htm"></span></li><li>Net debt was $415 million as of March 31, 2026. Total debt outstanding was $428 million at an average interest rate of 5.8 percent as of March 31, 2026, including $143 million in fixed-rate mortgage debt (7.2% interest), $200 million on its term loan (5.1% interest), and $85 million on its $300 million revolving credit facility (5.2% interest).<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1476045/000143774926015374/ex_918060.htm"></span></li><li>The leverage ratio was approximately 25 percent at March 31, 2026, based on net debt to hotel investments at cost.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1476045/000143774926015374/ex_918060.htm"></span></li></ul><h4>Dividends and Share Repurchases</h4><ul><li>Dividends declared per common share were raised 11 percent to $0.10 per share in Q1 2026, compared to $0.09 in Q1 2025. Chatham Lodging Trust repurchased 0.9 million shares at an average price of $7.35 for approximately $6.6 million during Q1 2026. Since inception, 2.2 million shares have been repurchased at an average price of $7.04 for approximately $15.6 million under its $25 million plan.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1476045/000143774926015374/ex_918060.htm"></span></li></ul><h4>Outlook / Guidance (Full Year 2026)</h4><ul><li>Chatham Lodging Trust has increased its guidance for the full year 2026, with hotel EBITDA and AFFO per share guidance rising by 11 percent and 15 percent, respectively. The company projects RevPAR to be between $140 and $142, representing a growth of 0.0% to 2.0%. Total hotel revenue is anticipated to range from $308 million to $314 million, with Adjusted EBITDA between $95.3 million and $99.6 million, and Adjusted FFO per diluted share between $1.21 and $1.29.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1476045/000143774926015374/ex_918060.htm"></span></li></ul>

Chatham lodging Trust | 8-K: FY2026 Q1 Revenue: USD 67.5 M