Veytics Intelligence
2026-11-06 · Yahoo

Chatham Lodging Trust (CLDT) (Q3 2026) Earnings Call Highlights: Silicon Valley Surge Drives ...

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This article first appeared on GuruFocus. Release Date: November 05, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Chatham Lodging Trust (NYSE:CLDT) reported Q3 2026 RevPAR growth of 8%, with hotel EBITDA margins up 190 basis points and FFO per share up 31%, significantly exceeding expectations. The company's Silicon Valley hotels saw RevPAR surge 23% to $174, the highest quarterly RevPAR since the pandemic, driven by strong corporate demand from top accounts like NVIDIA, Alphabet, and Microsoft. Chatham Lodging Trust (NYSE:CLDT) raised its full-year adjusted FFO per share guidance midpoint by 28%, from $1.09 to $1.

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