Chatham Lodging Q3 RevPAR Falls 2.5%, Hotel REIT's Performance Ticks Down.

Chatham Lodging Trust, a real estate investment trust, reported a 2.5% decline in Q3 RevPAR. The company's portfolio consists of 39 hotels with 5,883 rooms/suites in 17 states and the District of Columbia. Chatham Lodging primarily invests in upscale, extended-stay hotels and premium-branded, select-service hotels, such as Courtyard by Marriott and Hampton Inn.