Comparable RevPAR increased 3.3% from the prior year, exceeding the company’s expectations entering the quarter. The market accounts for approximately 17% of Chatham’s EBITDA, Fisher said, and posted 7% RevPAR growth during the second quarter. July RevPAR across Chatham’s four Silicon Valley hotels increased 26%, including a 41% increase at its two Sunnyvale hotels. Chatham generated a 46.8% gross operating profit margin and a 40.8% hotel EBITDA margin in the second quarter. About Chatham Lodging Trust (NYSE:CLDT)Chatham Lodging Trust is a self-advised, publicly traded real estate investment trust (REIT) focused primarily on investing in upscale, extended-stay hotels and premium-branded, select-service hotels.