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Chesapeake Lodging Trust (CHSP) Chesapeake Lodging is a self-advised real estate investment trust. Co. is focused on investments primarily in upper-upscale hotels in business and convention markets and, on a selective basis, select-service hotels in urban settings. Substantially all of Co.'s assets are held by, and all of its operations are conducted through, Chesapeake Lodging, L.P., Co.'s operating partnership (the Operating Partnership). The Operating Partnership leases its hotels to taxable REIT subsidiaries (each, a TRS), which are wholly owned subsidiaries of the Operating Partnership. The TRSs then engage hotel management companies to operate the hotels pursuant to management agreements. Preferred: CHSP.PRA
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