PALM BEACH, Fla., Nov. 12, 2010 /PRNewswire via COMTEX/ -- Chatham Lodging Trust (NYSE: CLDT), a hotel real estate investment trust (REIT) focused on upscale extended-stay hotels and premium branded select-service hotels, has cancelled its presentation and webcast at the NAREIT REITWorld Annual Convention, originally scheduled for Monday, November 15, 2010.
Chatham announced earlier today that it is commencing an underwritten public offering of 7 million common shares and, in accordance with SEC rules, is prohibited from making any public comments about the company.
About Chatham Lodging Trust Chatham Lodging Trust is a self-advised real estate investment trust that was organized to invest in upscale extended-stay hotels and premium-branded select-service hotels. The company currently owns 13 hotels with an aggregate of 1,650 rooms/suites in nine states. Additional information about Chatham may be found at www.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.
Jerry Daly, Carol
Contact: McCune Dennis Craven
Daly Gray Public Chief Financial
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