Chatham lodging trust announces third quarter 2019 results

Announces third quarter 2019 results.q3 adjusted ffo per share $0.60.qtrly revpar declined 0.3 percent to $148 for chatham's 40 comparable wholly owned hotels.looking ahead to 2020, chatham plans to renovate only four hotels.sees q4 projected revpar decline of 5.0 to 6.5 percent.have increased midpoint of full-year adjusted ebitda, ffo and ffo per share.sees q4 adjusted ffo per diluted share $0.28 to $0.31.sees q4 total hotel revenue $71.5 million to $72.5 million.qtrly total revenue $90.1 million versus $88.9 million.q3 revenue view $89.3 million -- refinitiv ibes data.q3 ffo per share view $0.57 -- refinitiv ibes data.q4 revenue view $73.9 million -- refinitiv ibes data.q4 ffo per share view $0.31 -- refinitiv ibes data.
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