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# Chesapeake Lodging Trust Reports First Quarter Results; Pro Forma RevPAR Increased 12.2% and Pro Forma Adjusted Hotel EBITDA Margin Increased 410 Basi
- URL: https://hospitality.pro/chesapeake-lodging-trust-reports-first-quarter-results-pro-forma-revpar-increased-12-2-and-pro-forma-adjusted-hotel-ebitda-margin-increased-410-basis-/
- Published: 2012-05-01T20:15:00.000Z
- Updated: 2013-02-22T04:34:11.000Z
- Author: H L
- Tags: Hospitality Industry News, Earnings Dividends &amp; Forecasts, News, #wordpress, #Import 2026-04-16 12:15

ANNAPOLIS, Md.–(BUSINESS WIRE)–May. 1, 2012–  
Chesapeake Lodging Trust (NYSE:CHSP), a lodging real estate investment  
trust (REIT), reported today its financial results for the quarter ended  
March 31, 2012.

HIGHLIGHTS

Pro Forma RevPAR ? 12.2% increase  
for comparable 10-hotel portfolio over the same period in 2011.

Pro Forma Adjusted Hotel EBITDA Margin  
? 410 basis point increase for comparable 10-hotel portfolio over the  
same period in 2011.

Acquisitions ? Committed $76.2  
million to acquire a second hotel, currently under development, in  
…