PALM BEACH, FL—Locally-based hotel REIT Chatham LodgingTrust saw its fourth quarter RevPAR increase 6.5% in thefourth quarter.

The fourth quarter RevPAR calculated out to $112 for Chatham's34-wholly owned hotels. Excluding its property in Maitland, FL thathas a significant amount of rooms out of service due to theunexpected replacement of its copper water supply lines, the ownedportfolio's RevPAR in the fourth quarter was 7.5%, the companystates.

Other key fourth quarter benchmarks include a 68% increase inadjusted EBITDA to $21.4 million and a similar 68% rise in itsadjusted FFO to $12.7 million.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.