Chatham Lodging appoints Liam Brown. Chatham Lodging Trust stock yields 3.00 percent

Chatham Lodging Trust (ISIN US16208T1025) appointed former Marriott executive Liam Brown to its board on September 10, 2026, while Chatham Lodging Trust stock carried a 3.00 percent annualized dividend yield in the latest market coverage. The board addition gives the hotel REIT an experienced operator as its operating figures continue to improve.

Brown adds hotel operating experience

According to the SEC filing dated September 10, 2026, Brown joined the board effective immediately. He previously served as Marriott's Group President for the United States and Canada, overseeing operations across more than 6,000 hotels and approximately 160,000 associates.

The filing says Brown will serve until the 2027 annual meeting and will receive a one-time grant of 5,000 restricted common shares. His background is directly relevant to Chatham's portfolio of upscale extended-stay and premium-branded select-service hotels.

August RevPAR rises 8.00 percent

As GlobeNewswire reported on September 8, 2026, August revenue per available room rose 8.00 percent across Chatham's 39-hotel portfolio. The comparison was favorable against 9.00 percent growth in June and 10.00 percent in July, showing that the summer operating trend remained positive.

The same release said the board declared a quarterly common dividend of USD 0.10 per share. The payment is scheduled for October 15, 2026, for shareholders of record on September 30, 2026, making the distribution a concrete near-term income event.

Second-quarter revenue beats estimates

For the second quarter of 2026, Chatham reported USD 87.80 million in revenue against a USD 82.01 million analyst estimate, while diluted earnings per share reached USD 0.13 versus USD 0.11 expected, according to MarketBeat on September 29, 2026. Revenue therefore exceeded consensus by USD 5.79 million, while earnings per share exceeded the estimate by USD 0.02.

Market value and analyst balance

Chatham's market capitalization stood at USD 622.2 million on September 29, 2026, with a 52-week range of USD 6.08 to USD 13.89. MarketBeat listed two Buy ratings and three Hold ratings, producing a consensus Hold rating and an average target of USD 13.00.

Market value remains the key reference

For investors, the combination of an 8.00 percent August RevPAR increase, USD 87.80 million in second-quarter revenue and the USD 0.10 quarterly dividend frames Chatham as an income-oriented lodging REIT with measurable operating growth. The USD 622.2 million market capitalization and consensus Hold rating provide the current valuation context.

More news and analyses on Chatham Lodging Trust stock