Chatham Lodging Trust: Well-Run And Substantially Undervalued

Chatham Lodging Trust is a small-cap hospitality REIT trading at less than half its book value, presenting a compelling undervaluation. CLDT's portfolio is focused on extended-stay hotels, driving industry-leading EBITDA margins and resilience during economic downturns. The REIT boasts a strong balance sheet with net debt/EBITDA at 3.4x, no near-term maturities, and significant liquidity.