Chesapeake Lodging Trust Announces New Vice Presidents

. February 23, 2015

February 23, 2015 - Chesapeake Lodging Trust Chesapeake Lodging Trust (NYSE:CHSP) announced yesterday the promotion of two new Vice Presidents. Nishil Patel has been promoted to Vice President and Treasurer, and Nicholas Jette has been promoted to Vice President - Acquisitions and Asset Management.

“We are pleased to announce these two promotions within our organization. Both Nishil and Nick joined Chesapeake shortly after our IPO and have made valuable contributions to the growth and success of the Trust,” said James L. Francis, Chesapeake Lodging Trust's President and Chief Executive Officer.

Mr. Patel joined the Trust in 2010 as Accounting Manager and was subsequently promoted to Director - Corporate Accounting and Financial Reporting. Prior to joining the Trust, Mr. Patel was Manager - External Reporting at Interstate Hotels & Resorts and a Senior Audit Associate at Grant Thornton LLP. He received his Bachelors of Science in Accounting and Finance from the University of Maryland in College Park, Maryland and is a CPA.

Mr. Jette joined the Trust in 2010 as Financial Analyst and was subsequently promoted to Director - Acquisitions and Asset Management. Prior to joining the Trust, Mr. Jette worked for LaSalle Hotel Properties in various analytical reporting and financial positions. He received his Bachelor of Science in Hospitality Administration from Cornell University.

Chesapeake Lodging Trust is a self-advised lodging real estate investment trust (REIT) focused on investments primarily in upper-upscale hotels in major business and convention markets and, on a selective basis, premium select-service hotels in urban settings or unique locations in the United States. The Trust owns 20 hotels with an aggregate of 6,116 rooms in eight states and the District of Columbia.

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