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Chatham Lodging Trust · Palm Beach, FL United States (NYSE: CLDT)

50 Cocoanut Row,
Ste. 200		Phone: 561-802-4477
Palm Beach, FL
33480
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Chatham Lodging Trust Rankings

Russell 2000 (June 2011)

Company Description

In hotels it trusts. A self-advised real estate investment trust (REIT), Chatham Lodging was formed in 2009 to acquire upscale extended-stay hotels, including Residence Inn by Marriott, Homewood Suites by Hilton, and Summerfield Suites by Hyatt. To a lesser extent, the firm will also buy select-service and full-service hotels. The REIT seeks properties being sold at a discount, particularly in large US metropolitan markets. Chatham went public in 2010 and within months built up a portfolio of more than 10 Hilton and other properties. In 2011 it teamed with Cerberus in a winning bid to buy more than 60 properties from bankrupt Innkeepers USA Trust for approximately $1 billion.

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Financials

Company TypePublic - NYSE: CLDT Headquarters
Fiscal Year-EndDecember
2011 Employees6
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Executives

9 executives listed for Chatham Lodging Trust's Palm Beach, FL location.

Chairman, President, and CEOJeffrey FisherE-mail
EVP and CFODennis CravenE-mail
EVP and Chief Investment OfficerPeter WillisE-mail

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