Chatham Lodging Trust Is Not Providing Outlook Due To Uncertainty Surrounding Hotel Industry
Portfolio Pulse from Benzinga Newsdesk
Chatham Lodging Trust (CLDT) has announced that it will not be providing guidance at this time due to the uncertainty surrounding the hotel industry.

August 04, 2023 | 10:50 am
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Chatham Lodging Trust's decision to withhold guidance due to uncertainty in the hotel industry may cause investor concern, potentially impacting the stock negatively in the short term.
Companies typically provide guidance to give investors an idea of what to expect in terms of future earnings. When a company like Chatham Lodging Trust decides not to provide this guidance, it can create uncertainty among investors, which can lead to a decrease in the stock's price in the short term.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100