Chatham launches public offering of common shares: Chatham Lodging Trust announced that it is offering 5 million common shares of beneficial interest, US$0.01 par value per share, in a public offering. The company expects to grant the underwriters a 30-day option to purchase up to an additional 750,000 common shares.
Global spa industry valued at US$94 billion: Key findings released at last week’s Global Spa & Wellness Summit included that the spa industry grew 58% from 2007-2013, from US$60 billion to US$94 billion, with a 47% growth in spa locations.