Chatham lodging Trust | 10-Q: FY2025 Q3 Revenue Misses Estimate at USD 78.41 M

Revenue: As of FY2025 Q3, the actual value is USD 78.41 M, missing the estimate of USD 79.14 M.

EPS: As of FY2025 Q3, the actual value is USD 0.03, beating the estimate of USD 0.01.

EBIT: As of FY2025 Q3, the actual value is USD 16.07 M.

Segment Revenue

• Room Revenue: $71.9 million for the three months ended September 30, 2025, down from $80.2 million in the same period in 2024, a decrease of 10.4%.
• Food and Beverage Revenue: $1.6 million for the three months ended September 30, 2025, down from $1.8 million in the same period in 2024, a decrease of 14.8%.
• Other Revenue: $4.6 million for the three months ended September 30, 2025, down from $4.8 million in the same period in 2024, a decrease of 3.7%.

Operational Metrics

• Net Income: $3.6 million for the three months ended September 30, 2025, compared to $4.3 million for the same period in 2024.
• Operating Income: $9.9 million for the three months ended September 30, 2025, compared to $12.5 million for the same period in 2024.
• Adjusted Hotel EBITDA: $28.8 million for the three months ended September 30, 2025, compared to $32.2 million for the same period in 2024.

Cash Flow

• Net Cash Provided by Operating Activities: $51.8 million for the nine months ended September 30, 2025, compared to $60.9 million for the same period in 2024.
• Net Cash Used in Financing Activities: -$92.7 million for the nine months ended September 30, 2025, compared to -$65.7 million for the same period in 2024.

Unique Metrics

• RevPAR: $151.33 for the three months ended September 30, 2025, a decrease of 2.5% from the same period in 2024.
• Occupancy: 79.0% for the three months ended September 30, 2025, a decrease of 0.6% from the same period in 2024.

Future Outlook and Strategy

• Core Business Focus: The company plans to maintain a leverage ratio between the low 20s and the low 50s, with a current leverage ratio of 20.6% as of September 30, 2025.
• Non-Core Business: The company has a $25.0 million share repurchase program, with $23.0 million remaining available for repurchase as of September 30, 2025.