Chatham Lodging Trust

Name

Chatham Lodging Trust

Legal name

Chatham Lodging Trust

Website

https://chathamlodgingtrust.com

Company type

Public

Founded year

2009

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Hotel Real Estate Investment Trust (Lodging REIT)

NAICS

Hotels (except Casino Hotels) and Motels (72111), Funds, Trusts, and Other Financial Vehicles (525), Portfolio Management and Investment Advice (523940)

SIC

Real Estate Investment Trusts (6798), Hotels & Motels (7011), Hotels, Rooming Houses, Camps & Other Lodging Places (7000)

akta.pro primary industry

Hospitality (Hotels & Resorts) Asset Management (BPAJAMAE)

akta.pro secondary industries

Extended-Stay Hotels (THAMAFAD), Hospitality (Hotel) Property Management (BPAJAGAG)

Keywords

• Hotel REIT investment
• Extended-stay lodging
• Select-service hospitality
• Real estate investment trust
• Hotel portfolio management

Headquarters

HQ city

Palm Beach Gardens

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Marketing or Sales, Supply Chain, Others

Revenue model

1. Hotel Property Rental Income: Chatham Lodging Trust generates revenue through rental income from its portfolio of upscale extended-stay hotels and premium-branded select-service hotels. As a REIT, the company must distribute at least 90% of taxable income to shareholders as dividends.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

Chatham Lodging Trust is a self-advised, publicly traded REIT that owns and operates a portfolio of 42 hotels totaling 6,083 rooms/suites across 15 states and the District of Columbia, focused on upscale extended-stay and premium-branded select-service hotels. The company generates revenue through room revenue and operating performance of its franchised properties operated under Marriott, Hilton, and Hyatt brands, and distributes at least 90% of taxable income to shareholders as dividends. Hotels are managed by third-party operator Island Hospitality Management, with Chatham driving value through portfolio recycling and value-added asset repositioning.

Product overview

Chatham Lodging Trust is a self-advised, publicly traded REIT that operates a unified portfolio of 42 hotels totaling 6,083 rooms across 15 states and the District of Columbia. The company specializes in upscale extended-stay hotels (including Residence Inn by Marriott, Homewood Suites by Hilton, and Home2 Suites by Hilton) and premium-branded select-service hotels (including Courtyard by Marriott, Hilton Garden Inn, Hampton Inn, Hyatt Place, Embassy Suites, SpringHill Suites, and TownePlace Suites). The portfolio has the highest concentration of extended-stay rooms of all lodging REITs. Additionally, Chatham has developed proprietary food and beverage concepts including Toasted Barrel restaurant locations and HQ Dallas Rooftop, which represent value-added repositioning initiatives that convert underutilized meeting space into higher-earning revenue outlets. The company executes asset management to ensure effective utilization of franchise brand marketing programs, sales management, operational efficiency, and guest satisfaction.

Differentiator

Problem solved

Functional benefit

Brands

• Toasted Barrel: Restaurant and bar brand created by converting excess meeting room space in Savannah, Georgia; also expanded to San Diego, California, Anaheim, California, and Woodland Hills, California
• HQ Dallas Rooftop

Products and services

• Upscale Extended-Stay Hotels Upscale extended-stay hotel properties operated under franchise brands including Residence Inn by Marriott, Homewood Suites by Hilton, Home2 Suites by Hilton, and TownePlace Suites by Marriott. These hotels feature full kitchens, separate living areas, and extended-stay amenities, and constitute the highest concentration of extended-stay rooms of all lodging REITs. Targeted at business travelers and consultants on extended assignments.
• Premium-Branded Select-Service Hotels Premium-branded select-service hotels operated under franchise agreements with major hotel companies including Courtyard by Marriott, Hilton Garden Inn, Hampton Inn and Hampton Inn & Suites, Hyatt Place, Embassy Suites by Hilton, and SpringHill Suites by Marriott. Properties are located in major markets with high barriers to entry near primary demand generators for both business and leisure travelers.
• Toasted Barrel Restaurant & Bar Proprietary restaurant and bar brand developed by Chatham through converting underutilized meeting room space into higher-earning food and beverage venues at hotel properties. Currently operates at multiple locations across the portfolio including Savannah, San Diego, Anaheim, and Woodland Hills.
• HQ Dallas Rooftop Rooftop bar and entertainment venue at the Courtyard by Marriott Dallas Downtown/Reunion District property, representing an asset management initiative to maximize property revenue by converting unused space into a higher-earning outlet.

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core and minor.

• Marriott International (Franchise)coreChannel Partner/ Reseller/ DistributorChatham Lodging Trust operates hotels under franchise agreements with Marriott brands including Residence Inn, Courtyard, SpringHill Suites, and TownePlace Suites. The franchise relationship provides access to Marriott Bonvoy loyalty program, marketing platforms, and reservation systems.
• Hilton (Franchise)coreChannel Partner/ Reseller/ DistributorChatham Lodging Trust operates hotels under franchise agreements with Hilton brands including Homewood Suites, Hampton Inn, Hilton Garden Inn, and Home2 Suites. The franchise relationship provides access to Hilton Honors loyalty program, global marketing, and booking infrastructure.
• Hyatt (Franchise)coreChannel Partner/ Reseller/ DistributorChatham Lodging Trust operates Hyatt Place hotels under franchise agreement with Hyatt. The franchise provides access to World of Hyatt loyalty program and global distribution systems.
• Island Hospitality Management LLC (IHM)coreImplementation/ SI/ Consulting PartnerIHM is the primary third-party hotel management company for Chatham Lodging Trust properties. Founded in 2007 by CEO Jeffrey H. Fisher, IHM manages 42 hotels for Chatham and 77 hotels total for unaffiliated hotel owners. The company handles all day-to-day hotel operations including sales management, cost control, and guest satisfaction initiatives.
• Portland, Maine DevelopmentminorStrategic or Co-development PartnerChatham Lodging Trust is commencing development of a new hotel property in Portland, Maine as part of limited new hotel development where exceptional risk-adjusted returns are foreseeable.

Scale indicators17 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Park Hotels & Resorts: Park Hotels & Resorts is a larger lodging REIT focused on upper-upscale and luxury hotels in major urban and resort markets (formerly Hilton's lodging REIT spin-off). While its asset class is more luxury/group-oriented than Chatham, it competes for capital allocation in the lodging REIT space and shares geographic markets with Chatham.
• Host Hotels & Resorts: Host Hotels & Resorts is the largest lodging REIT and a major owner of luxury and upper-upscale full-service hotels under Marriott, Hilton, and Hyatt brands. It is a broad incumbent in the lodging REIT space and competes with Chatham for institutional capital, though its segment focus is materially more luxury-oriented.

Direct peers

• Pebblebrook Hotel Trust: Pebblebrook Hotel Trust is a lodging REIT focused on urban and resort upper-upscale hotels, with a particular concentration in coastal gateway markets. Both companies are active acquirers and recyclers of hotel assets, though Pebblebrook skews more toward resort and group properties than Chatham's extended-stay focus.
• Hersha Hospitality Trust: Hersha Hospitality Trust is a lodging REIT focused on high-quality, upper-upscale hotels in urban gateway markets. Both are smaller lodging REITs with premium-brand portfolios, though Hersha's urban boutique focus contrasts with Chatham's extended-stay and select-service suburban orientation.
• Xenia Hotels & Resorts: Xenia Hotels & Resorts is a lodging REIT focused on upper-upscale and luxury hotels in major markets and destination resorts. Both companies are smaller lodging REITs with active asset management approaches, though Xenia is more resort/group-oriented. (Note: Xenia was acquired by PAR Huff in 2024 but the company is still referenced as a historical peer.)
• DiamondRock Hospitality: DiamondRock Hospitality is a lodging REIT focused on lodging and conference hotels in urban and resort markets. Both companies pursue value-add strategies and own assets under major brand families, though DiamondRock's urban and group exposure differs from Chatham's extended-stay and select-service profile.
• RLJ Lodging Trust: RLJ Lodging Trust is a self-advised lodging REIT focused on premium-branded, focused-service and compact full-service hotels. RLJ's portfolio of urban and high-end suburban hotels across similar brand families (Marriott, Hilton, Hyatt) makes it one of the closest comparables to Chatham's select-service focus.
• Apple Hospitality REIT: Apple Hospitality REIT is a lodging REIT focused on upscale select-service hotels (Marriott, Hilton, Hyatt brands), with a similar extended-stay and select-service orientation to Chatham. The two are among the most directly comparable lodging REITs in size, brand mix, and target market segment.
• Sunstone Hotel Investors: Sunstone Hotel Investors is a lodging REIT focused on long-term, upper-upscale hotel investments in major markets. While slightly more focused on full-service and group-oriented hotels than Chatham, both companies follow active portfolio recycling strategies and operate in overlapping urban and suburban markets.

Regional players

• Ryman Hospitality Properties: Ryman Hospitality Properties owns and operates the Gaylord Hotels brand and large convention center hotels, focused on the group and meetings segment. While Ryman operates in a very different sub-segment of lodging, it competes for institutional lodging REIT capital and offers a contrasting exposure model to Chatham's transient-oriented portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/chatham-lodging-trust

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Chatham Lodging Trust