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Chatham Lodging Trust shares jump 73% with strong Q2 and raised AFFO guidance

Analyst Insights
25 Aug 2026
Seeking Alpha
View Source
Bullish
Chatham Lodging Trust shares jump 73% with strong Q2 and raised AFFO guidance

Chatham Lodging Trust (CLDT) has seen its share price rise 73% since March, outperforming other hotel REITs. The company raised its AFFO guidance to $1.28–$1.34 per share, driven by strong Q2 results, margin expansion, and record revenue per available room (RevPAR), especially in Silicon Valley properties. CLDT's valuation gap with peers has narrowed, now trading at 10.35x AFFO and 0.88x price-to-book, still undervalued but less so. The analyst maintains a 'Buy' rating, citing a strong balance sheet and potential further gains from Silicon Valley's recovery.

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