Chatham Lodging Trust operates as a self-managed, publicly traded real estate investment trust (REIT) primarily concentrating its investments on upscale extended-stay hotels and premium-branded select-service properties. As of September 30, 2020, the company's asset base included interests in 86 hotels, providing a total of 12,040 rooms and suites. This comprises 40 wholly-owned properties, which collectively offer 6,092 rooms and suites across 15 states and the District of Columbia. Furthermore, the trust maintains a minority ownership in the Innkeepers joint ventures, which operate 46 hotels featuring an aggregate of 5,948 rooms and suites.