Chatham Lodging Trust Completes $17.4 Million Sale of Massachusetts Hotel
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05:23 PM EST, 12/23/2025 (MT Newswires) -- Chatham Lodging Trust ( CLDT ) said Tuesday it has completed the $17.4 million sale of its 147-suite Homewood Suites by Hilton in Billerica, Massachusetts.The company said the hotel had one of the lowest projected revenue per available room in its portfolio.A planned renovation of about $6 million in 2025 was not carried out due to the pending sale. MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.
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