Chatham Lodging Trust provided earnings guidance for the first quarter and full year of 2020. For the first quarter, the company expects total hotel revenue of $72.6 million to $73.8 million and net loss of $1.5 million to $0.4 million or $0.03 to $0.01 per diluted share.

For the full year, the company expects total hotel revenue of $318.2 million to $322.7 million and net income of $19.6 million to $23.5 million or $0.41 to $0.49 per diluted share.

For the fourth quarter of 2019, the company reported Impairment loss from unconsolidated real estate entities of $859,000.