Chatham Lodging Trust (NYSE:CLDT) acquired Hampton Inn Portland Downtown-Waterfront Hotel and an adjacent land parcel for $28 million in cash on December 27, 2012. The deal was funded with borrowings under secured revolving credit facility of Chatham Lodging Trust. Jerry Daly of Daly Gray Public Relations acted as public relations advisor for Chatham Lodging Trust.

Chatham Lodging Trust (NYSE:CLDT) completed the acquisition of Hampton Inn Portland Downtown-Waterfront Hotel and an adjacent land parcel on December 27, 2012.