Chatham Lodging Trust (NYSE: CLDT), a hotel real estate investment trust (REIT) focused on investing in upscale extended-stay hotels and premium-branded select-service hotels (“Chatham”), today announced the publication of a 2023 supplement to the 2021 Corporate Responsibility Report first published in June 2022. Highlights of the supplement include:
- Announcement of 2030 environmental reduction targets
- Positive results of inaugural GRESB participation
- Commitment to increase percentage of females on the Board of Trustees to no less than 30% by the end of 2025 (female representation is currently 29% of all Trustees and 33% of all independent Trustees)
- Third-party verification of 2021 environmental data
The company’s 2023 Supplement to its Corporate Responsibility Report and other ESG-related materials can be found on the company’s website at https://chathamlodgingtrust.com/responsibility/.
About Chatham Lodging Trust
Chatham 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. The company owns 39 hotels totaling 5,914 rooms/suites in 16 states and the District of Columbia. Additional information about Chatham may be found at chathamlodgingtrust.com.
This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 about Chatham Lodging Trust, including those statements regarding acquisitions, capital expenditures, future operating results and the timing and composition of revenues, among others, and statements containing words such as “expects,” “believes” or “will,” which indicate that those statements are forward-looking. Except for historical information, the matters discussed in this press release are forward-looking statements that are subject to certain risks and uncertainties that could cause the actual results or performance to differ materially from those discussed in such statements. Additional risks are discussed in the company’s filings with the Securities and Exchange Commission.
Dennis Craven (Company)
Chief Operating Officer