Company description

Condor Hospitality Trust (CLDT) is a real estate investment trust that operates in the lodging industry, owning a diverse portfolio of hotels across the United States. The company primarily focuses on premium-branded, select-service properties in secondary and tertiary markets, providing affordable and convenient accommodations to travelers. With a strategic approach to expansion and a commitment to maximizing shareholder value, CLDT has established a strong presence in the market through various acquisitions and asset repositioning initiatives. The company's portfolio includes well-known brands such as Marriott, Hilton, and IHG, and its properties cater to a range of guest segments, including business, leisure, and extended stay. CLDT has also implemented a disciplined cost management strategy and actively pursues innovative revenue optimization techniques to increase profitability. Furthermore, the company prioritizes sustainability and community involvement, aligning its operations with environmentally-friendly practices and supporting local initiatives. With a dedicated management team, proven track record, and a solid financial structure, CLDT continues to grow and create value for its stakeholders in the dynamic and evolving hospitality industry.