Chatham Lodging Trust reported that its revenue per available room (RevPAR) growth outpaced both industry averages and its peers for the third consecutive year. For fiscal year 2024, Chatham's RevPAR increased by 2.8%, compared to the industry's 1.8% growth. Year-to-date through the second quarter of 2025, Chatham's RevPAR rose by 1.7%, exceeding the industry's 0.8% growth. The company highlighted significant upside potential as business travel recovers in technology-focused markets, noting that a return of Silicon Valley and Bellevue properties to 2019 levels could add $13.9 million to EBITDA and $0.27 per share of FFO. Chatham also detailed its capital recycling efforts, having sold six hotels for $101 million since early 2024 at cap rates of 6% and acquired a newly built hotel in Phoenix at an expected cap rate of 9%. The company reported that limited supply growth in its sub-markets and recent debt reduction measures have strengthened its balance sheet and positioned it for future growth. You can access the full presentation through the link below: [Chatham Lodging Trust Investor Presentation](https://docs.publicnow.com/3E635F66B8BA2ABEE8A8949877FDF43BDE8CF2B1)