Chesapeake Lodging Trust · Fairfield, NJ United States ·(NYSE: Undetermined)
Company Description
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Chesapeake Lodging Trust stays more than just a night or two at the hotels it checks into. A specialty real estate investment trust (REIT), Chesapeake Lodging is a self-advised hotel investment firm that targets upscale hotels (either existing or planned properties) located in the US near airports, convention centers, and in major business markets. The firm, which is in the process of building its portfolio, intends to lease out its hotels and will hire third-party hotel management firms to manage its properties. Chesapeake Lodging was founded in mid-2009; it filed an initial public offering (IPO) later that year. To read the full description, subscribe now.
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Key Chesapeake Lodging Trust Financials
| Company Type | - NYSE: Undetermined |
Chesapeake Lodging Trust Executives
2 executives listed for Chesapeake Lodging Trust's Fairfield, NJ location.
| Title | Name & Bio | Contact |
| Chairman, President, and CEO | James Francis | Network |
| EVP, CFO, Treasurer, and Trustee | Douglas Vicari | Network |
Competition
Competitive Landscape for Chesapeake Lodging Trust
Business and tourist travel drive demand. Both are affected by the strength of the economy. The profitability of individual companies depends on efficient operations, because many costs are fixed, and on effective marketing. Large companies have advantages in economies of scale in operations, can more easily raise capital, and have strong name recognition. Small companies, such as boutique hotels, can compete effectively in favorable locations and by providing specialty services. A hotel business requires large amounts of capital, but operations are labor-intensive: average annual revenue per employee is around $80,000. To read the full description, subscribe now.Top Chesapeake Lodging Trust Competitors
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