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Press release from Business Wire

Chesapeake Lodging Trust Announces Fourth Quarter Dividend

Thursday, December 16, 2010

Chesapeake Lodging Trust Announces Fourth Quarter Dividend16:30 EST Thursday, December 16, 2010 ANNAPOLIS, Md. (Business Wire) -- Chesapeake Lodging Trust (NYSE:CHSP) announced today that its board of trustees has declared a dividend payment of $.20 per common share. The dividend will be paid on January 14, 2011 to shareholders of record at the close of business on December 31, 2010. ABOUT CHESAPEAKE LODGING TRUST Chesapeake Lodging Trust is a self-advised lodging real estate investment trust (REIT) focused on investments primarily in upper-upscale hotels in major business, airport and convention markets and, on a selective basis, premium select-service and extended-stay hotels in urban settings or unique locations in the United States. The Company owns five hotel properties with an aggregate of 1,629 rooms in two states. Additional information can be found on the Company's website at www.chesapeakelodgingtrust.com. Chesapeake Lodging TrustDouglas W. Vicari, 410-972-4142