Chatham Lodging Trust Sells Homewood Suites Billerica for $17.4 Million

Reuters2025-12-24

Chatham Lodging Trust has sold the 147-suite Homewood Suites by Hilton in Billerica, Massachusetts, for $17.4 million. The hotel, which was projected to have the third lowest RevPAR in the company's portfolio, was expected to generate approximately $1 million in net operating income in 2025. This marks the sixth hotel sale by Chatham since December 2024, with total proceeds of about $100 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Chatham Lodging Trust published the original content used to generate this news brief via Business Wire (Ref. ID: 20251223538976) on December 23, 2025, and is solely responsible for the information contained therein.

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