Chatham Lodging Completes Acquisition of the Residence Inn Fort Lauderdale Intracoastal | Reuters

Chatham Lodging Completes Acquisition of the Residence Inn Fort Lauderdale Intracoastal

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, today announced that it has completed the previously announced acquisition of the 105-room Residence Inn Fort Lauderdale Intracoastal/Il Lugano.

This is a great addition to our portfolio, further enhances its quality and geographic distribution, commented Dennis Craven, Chathams chief operating officer. Given the current disconnect in public pricing of our common sto