Chesapeake Lodging Trust (CHSP) 24.88 red arrow -$0.51 (-2.01%) 08:49AM (15 mins delay)


CHSP
$24.88    -$0.51  (-2.01%)

Last: $24.88 High: $25.26
Prev Close: $25.39 Low: $24.75
Open: $25.17 Mkt Cap: $1.48B
Change: -$0.51 ( -2.01% ) 52Wk High: $27.08
Vol: 73,949 52Wk Low: $20.81
Avg Volume: 6.11M Shares: 60M
EPS: 1.13 PE Ratio: -

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Company Description

Chesapeake Lodging Trust (the Trust) is a self-advised real estate investment trust (REIT). The Trust is focused on investments primarily in upper-upscale hotels in business and convention markets and, on a selective basis, select-service and extended-stay hotels in urban settings or locations in the United States of America. All of the Trust's assets are held by, and all of its operations are conducted through, Chesapeake Lodging, L.P., its operating partnership (the Operating Partnership). The Operating Partnership leases its hotels to CHSP TRS LLC (CHSP TRS), which is a wholly owned subsidiary of the Operating Partnership. In August 2012, it acquired the 520-room W Chicago-Lakeshore located in Chicago, Illinois from Starwood Hotels & Resorts Worldwide Inc. In September 2012, it acquired the 429-room Hyatt Regency Mission Bay Spa and Marina, located in San Diego, California. In October 2012, the Company acquired 222-room The Hotel Minneapolis, a Marriott Autograph Collection hotel.

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