Chesapeake Lodging Trust Reports First Quarter Results; Pro Forma RevPAR Increased 10.1%

ANNAPOLIS, Md.–(BUSINESS WIRE)–Chesapeake Lodging Trust (NYSE:CHSP), a lodging real estate investment trust (REIT), reported today its financial results for the quarter ended March 31, 2016. HIGHLIGHTS RevPAR: 10.1% pro forma increase for the hotel portfolio over the same period in 2015. Adjusted Hotel EBITDA Margin: 360 basis point pro forma increase to 28.5% for the hotel portfolio over the same period in 2015. Adjusted Hotel EBITDA: $40.1 million. Adjusted Corporate EBITDA: $34.8 million.





Source: BusinessWire-Construction

Chesapeake Lodging Trust Reports First Quarter Results; Pro Forma RevPAR Increased 10.1%