Chatham Lodging Trust missed revenue estimates by nearly a million dollars and still crushed FFO expectations by 33 cents. That gap between the top line and the bottom line is the entire story.
IHG is spending nearly a billion dollars buying back its own stock while Americas RevPAR declined 1.4% last quarter. The math tells you exactly what the asset-light model prioritizes.
DRH's net income jumped 274% in Q4 and the dividend got a bump. But the full-year EBITDA guidance for 2026 is flat to down, and nobody's talking about what that means for the per-key math.
