Chatham Lodging Trust (NYSE:CLDT) has carved a niche in the upscale, extended-stay hotel sector with a diverse portfolio of 39 hotels. The company's financial performance and strategic choices underscore its resilience against industry headwinds and adaptability to market shifts. While CLDT has leveraged debt to fuel its growth and acquisitions, I believe its financial management has been prudent. Based on my valuation model, the company might be slightly overvalued. This perception, combined with its moderate debt-adjusted growth and modest dividend yield, leads me to think there needs to be more potential for significant price movement in either direction.