Chatham Lodging Trust (CLDT) 2020年年度报告「NYSE」.pdf

1、C HAT HAM L O D GI N G T R U S T2 0 2 0 A N N UAL R EP OR TCHA T HAM L ODGING TRUST 2020 ANNUAL REPORTChatham Lodging Trust is a self-advised,publicly-traded real estate investment trust focused primarily on investing in upscale extended-stay hotels and premium-branded,select-service hotels.Our high

2、-quality hotels are located in major markets with high barriers to entry,near primary demand generators for both business and leisure guests.Our primary objective is to generate attractive returns for our shareholders through investing in hotel properties at prices that provide strong returns on inv

3、ested capital,paying meaningful dividends and generating long-term value appreciation.Chathams Brand CompositionChathams Top Markets71%Residence Inn9%Homewood Suites8%Hampton Inn8%Courtyard3%Other25%Silicon Valley12%Greater NY10%Los Angeles10%NH/ME7%Houston7%Dallas7%Charleston6%San Diego15%OtherBase

4、d on the percentage of hotel EBITDA for the twelve months ended December 31,2020Based on the percentage of hotel EBITDA for thetwelve months ended December 31,2020As I began to write this years letter to you,our shareholders,I spent a few minutes reflecting where we were just 12 months ago when last

5、 years letter went to print in early March 2020 during the earliest days of the COVID-19 pandemic.I noted then that I was comforted knowing that Chatham Lodging Trust had the platform working closely with Island Hospitality to effectuate change and react quickly to evolving circumstances while deali

6、ng with the unknown effects from the deadly virus.Those words certainly ring true 12 months later.2020 goes on record as the absolute worst year in the history of our lodging industry.It presented us with extremely difficult situations,including the elimination of our dividend and significant layoff