Segment & Geographic Data
Quant-Grade Normalized (live API)
API & CSV Delivery
Chesapeake Lodging Trust's Business Segments
Chesapeake Lodging Trust's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Segment Data As of FY
Reportable Segments
-
Largest Segment
-
Total Revenue
$ 159
Regions Reported
-
Chesapeake Lodging Trust does not report a distinct business-segment axis in its filings - its disaggregated revenue is disclosed by product and service category instead. See the Product & Service breakdown below.
Revenue by Product & Service Category - FY
- Occupancy75.9%
- Food and Beverage19%
- Hotel Other5.1%
Revenue by Product & Service Category - FY
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Occupancy | $ 121 | 75.9% |
| Food and Beverage | $ 30 | 19% |
| Hotel Other | $ 8 | 5.1% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
Description of Chesapeake Lodging Trust
Chesapeake Lodging Trust is a publicly traded real estate investment trust (REIT) that owns and operates upscale, full-service hotels and resorts in major markets across the United States. Headquartered in Annapolis, Maryland, Chesapeake Lodging Trust primarily focuses on the acquisition, development, and management of high-quality properties in urban and suburban settings.
The company was founded in 2009 and completed its initial public offering (IPO) in January 2010, raising $230 million. Chesapeake Lodging Trust went public to acquire high-end hotels that were undervalued, underperforming, or in need of renovation, with the aim of improving their operational and financial performance. The company has since grown its portfolio of properties and expanded its reach across the country.
The trust's portfolio consists of 20 hotels and resorts across 11 states, including such popular destinations as Hawaii, California, New York, and Washington, D.C. Its properties are primarily affiliated with major hotel brands, including Hyatt, Marriott, and Hilton, and are known for their upscale amenities, elegant design, and prime locations in central business districts and tourist hotspots.
Chesapeake Lodging Trust has a strong track record of generating significant revenue growth and improving profitability through strategic acquisitions and efficient asset management. The company's management team is highly experienced in the hospitality industry, with a deep understanding of market trends, guest preferences, and operational best practices.
In addition to its core business of acquiring, developing, and managing hotels, Chesapeake Lodging Trust is also committed to sustainability and responsible business practices. The company has implemented various initiatives to reduce its environmental footprint, support local communities, and promote diversity and inclusion in its workforce.
Overall, Chesapeake Lodging Trust is a reputable, well-managed REIT that offers investors a unique opportunity to invest in the thriving hospitality industry. With a diverse portfolio of upscale hotels in prime locations across the country, the company is well-positioned to generate strong returns for its shareholders for years to come.
The company was founded in 2009 and completed its initial public offering (IPO) in January 2010, raising $230 million. Chesapeake Lodging Trust went public to acquire high-end hotels that were undervalued, underperforming, or in need of renovation, with the aim of improving their operational and financial performance. The company has since grown its portfolio of properties and expanded its reach across the country.
The trust's portfolio consists of 20 hotels and resorts across 11 states, including such popular destinations as Hawaii, California, New York, and Washington, D.C. Its properties are primarily affiliated with major hotel brands, including Hyatt, Marriott, and Hilton, and are known for their upscale amenities, elegant design, and prime locations in central business districts and tourist hotspots.
Chesapeake Lodging Trust has a strong track record of generating significant revenue growth and improving profitability through strategic acquisitions and efficient asset management. The company's management team is highly experienced in the hospitality industry, with a deep understanding of market trends, guest preferences, and operational best practices.
In addition to its core business of acquiring, developing, and managing hotels, Chesapeake Lodging Trust is also committed to sustainability and responsible business practices. The company has implemented various initiatives to reduce its environmental footprint, support local communities, and promote diversity and inclusion in its workforce.
Overall, Chesapeake Lodging Trust is a reputable, well-managed REIT that offers investors a unique opportunity to invest in the thriving hospitality industry. With a diverse portfolio of upscale hotels in prime locations across the country, the company is well-positioned to generate strong returns for its shareholders for years to come.
Chesapeake Lodging Trust is a prominent real estate investment trust (REIT) that specializes in acquiring and managing a portfolio of upscale hotels and resorts. The company is dedicated to offering its guests a wide array of segments, products, and services designed to enhance their overall experience. Below is a detailed description of the various segments, products, and services provided by Chesapeake Lodging Trust.
Segments
1. Luxury Hotels and Resorts:
Chesapeake Lodging Trusts luxury hotels and resorts showcase opulence and comfort, featuring top-tier accommodations that highlight exquisite design and sophistication. Guests can expect high-end amenities such as plush bedding, premium bath products, private lounges, and personalized services, all within a tranquil and elegant environment.
2. Boutique Hotels:
The boutique hotels within Chesapeake Lodging Trust’s portfolio are characterized by their unique design elements and styles. Each property offers a distinct personality, ensuring that guests receive an intimate and memorable experience. With meticulously curated decor, these hotels often reflect the artistic and cultural vibe of their locales, providing a personalized touch.
3. Conference Centers:
Chesapeake Lodging Trust’s conference centers are fully equipped with modern technology and facilities to accommodate various professional gatherings, from corporate meetings to large-scale conferences. These venues provide a productive atmosphere with flexible space configurations, high-speed internet access, and comprehensive business services to support event organizers.
4. Extended Stay and Corporate Housing:
For guests seeking longer-term accommodations, Chesapeake Lodging Trust offers a selection of extended-stay properties and corporate housing. These fully furnished apartments include kitchenettes or full kitchens, spacious living areas, and amenities that cater to both leisure and business travelers looking for comfort and convenience away from home.
Products
1. Accommodations:
The flagship product of Chesapeake Lodging Trust is its range of accommodations, including guest rooms, suites, and villas designed for maximum comfort and relaxation. Each accommodation is thoughtfully designed with high-quality furnishings, cutting-edge technology, and luxurious touches to create a welcoming retreat.
2. Food and Beverage:
Guests can indulge in a variety of culinary experiences offered at Chesapeake Lodging Trust properties. Dining options often include gourmet restaurants featuring locally sourced ingredients, casual cafes, lounges for evening cocktails, and room service that caters to guests’ preferences at any time.
3. Spa and Fitness:
Many of Chesapeake Lodging Trust’s luxury hotels and resorts provide comprehensive spa services that promote relaxation and wellness. Guests can enjoy spa treatments such as massages, facials, and body treatments, along with fitness facilities equipped with the latest exercise equipment to maintain a healthy lifestyle during their stay.
4. Business Amenities:
Recognizing the needs of business travelers, Chesapeake Lodging Trust accommodations and conference centers are equipped with a variety of business amenities. These include high-speed internet access, well-equipped meeting rooms, and business centers that offer essential services like printing, copying, and technical support.
Services
1. Personalized Service:
Chesapeake Lodging Trust places a strong emphasis on delivering exceptional personalized service. Guests can enjoy a seamless experience through dedicated concierge services, tailored check-in and check-out processes, and customizable room amenities that enhance their stay.
2. Event Planning:
The company provides end-to-end event planning services at its conference centers, helping clients coordinate successful gatherings. This includes catering options featuring diverse menu choices, state-of-the-art audio-visual equipment, and onsite coordinators who ensure smooth execution.
3. Housekeeping:
Maintaining the cleanliness and hygiene of both guest rooms and public spaces is paramount for Chesapeake Lodging Trust. Their housekeeping services follow rigorous standards, providing daily cleaning and rigorous sanitation protocols to create a welcoming environment for guests.
4. Transportation:
To facilitate ease of travel and enhance overall convenience, Chesapeake Lodging Trust offers various transportation services. This may include shuttle services to and from airports, local attractions, and car rental arrangements, ensuring guests have seamless mobility throughout their stay.
Conclusion
Chesapeake Lodging Trust stands out in the hospitality industry through its diverse offerings that cater to both leisure and business travelers. With a strong focus on luxury accommodations, unique boutique experiences, versatile conference solutions, and extended-stay options, the company is committed to providing a comprehensive range of high-quality products and services. Their dedication to personalized customer service and attention to detail ensures that every guest enjoys a memorable stay, whether for a quick getaway or a prolonged business assignment.
Segments
1. Luxury Hotels and Resorts:
Chesapeake Lodging Trusts luxury hotels and resorts showcase opulence and comfort, featuring top-tier accommodations that highlight exquisite design and sophistication. Guests can expect high-end amenities such as plush bedding, premium bath products, private lounges, and personalized services, all within a tranquil and elegant environment.
2. Boutique Hotels:
The boutique hotels within Chesapeake Lodging Trust’s portfolio are characterized by their unique design elements and styles. Each property offers a distinct personality, ensuring that guests receive an intimate and memorable experience. With meticulously curated decor, these hotels often reflect the artistic and cultural vibe of their locales, providing a personalized touch.
3. Conference Centers:
Chesapeake Lodging Trust’s conference centers are fully equipped with modern technology and facilities to accommodate various professional gatherings, from corporate meetings to large-scale conferences. These venues provide a productive atmosphere with flexible space configurations, high-speed internet access, and comprehensive business services to support event organizers.
4. Extended Stay and Corporate Housing:
For guests seeking longer-term accommodations, Chesapeake Lodging Trust offers a selection of extended-stay properties and corporate housing. These fully furnished apartments include kitchenettes or full kitchens, spacious living areas, and amenities that cater to both leisure and business travelers looking for comfort and convenience away from home.
Products
1. Accommodations:
The flagship product of Chesapeake Lodging Trust is its range of accommodations, including guest rooms, suites, and villas designed for maximum comfort and relaxation. Each accommodation is thoughtfully designed with high-quality furnishings, cutting-edge technology, and luxurious touches to create a welcoming retreat.
2. Food and Beverage:
Guests can indulge in a variety of culinary experiences offered at Chesapeake Lodging Trust properties. Dining options often include gourmet restaurants featuring locally sourced ingredients, casual cafes, lounges for evening cocktails, and room service that caters to guests’ preferences at any time.
3. Spa and Fitness:
Many of Chesapeake Lodging Trust’s luxury hotels and resorts provide comprehensive spa services that promote relaxation and wellness. Guests can enjoy spa treatments such as massages, facials, and body treatments, along with fitness facilities equipped with the latest exercise equipment to maintain a healthy lifestyle during their stay.
4. Business Amenities:
Recognizing the needs of business travelers, Chesapeake Lodging Trust accommodations and conference centers are equipped with a variety of business amenities. These include high-speed internet access, well-equipped meeting rooms, and business centers that offer essential services like printing, copying, and technical support.
Services
1. Personalized Service:
Chesapeake Lodging Trust places a strong emphasis on delivering exceptional personalized service. Guests can enjoy a seamless experience through dedicated concierge services, tailored check-in and check-out processes, and customizable room amenities that enhance their stay.
2. Event Planning:
The company provides end-to-end event planning services at its conference centers, helping clients coordinate successful gatherings. This includes catering options featuring diverse menu choices, state-of-the-art audio-visual equipment, and onsite coordinators who ensure smooth execution.
3. Housekeeping:
Maintaining the cleanliness and hygiene of both guest rooms and public spaces is paramount for Chesapeake Lodging Trust. Their housekeeping services follow rigorous standards, providing daily cleaning and rigorous sanitation protocols to create a welcoming environment for guests.
4. Transportation:
To facilitate ease of travel and enhance overall convenience, Chesapeake Lodging Trust offers various transportation services. This may include shuttle services to and from airports, local attractions, and car rental arrangements, ensuring guests have seamless mobility throughout their stay.
Conclusion
Chesapeake Lodging Trust stands out in the hospitality industry through its diverse offerings that cater to both leisure and business travelers. With a strong focus on luxury accommodations, unique boutique experiences, versatile conference solutions, and extended-stay options, the company is committed to providing a comprehensive range of high-quality products and services. Their dedication to personalized customer service and attention to detail ensures that every guest enjoys a memorable stay, whether for a quick getaway or a prolonged business assignment.