PEB News and Press, Pebblebrook Hotel Trust of Beneficial Interest From 03/26/23

2023-03-26 09:00:00 ET Summary U.S. equity markets posted gains while benchmark interest rates dipped to the lowest levels of the year as lingering financial stability concerns cast doubt on the Fed's economic and interest-rate projections. Posting a second-straight week of gains ...

Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today announced that it closed on the sale of 909 North Michigan Avenue, a 5,860 square-foot 3-tenant fully occupied high-street retail parcel, adjacent to the Company’s Westin Michigan Avenue Chicago for $27.3 million to a ...

Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today announced that its Board of Trustees has authorized, and the Company has declared, a quarterly cash dividend of $0.01 per common share of beneficial interest, to be paid on April 17, 2023 to shareholders of record as of March...

Celebrating the Year’s Best Hotels Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today announced the winners of its Eleventh Annual Pebby Awards. The Pebby Award winners were chosen for their outstanding accomplishments in 2022, as determined by the Company. ...

Fair Isaac & Co. Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600 Fair Isaac & Co. Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600 PR Newswire NEW YORK , March 3, 2023 /PRNewswire/...

Summary We sold the entirety of our lodging exposure during March of 2020 (going from ~5% in early 2020 to 0% by the end of March). Pent-up leisure demand surprised most observers, resulting in a rapid recovery that began in late 2021 and was arguably the most powerful turnaround in his...

Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today announced that on February 22, 2023, it closed on the sale of the 151-room The Heathman Hotel in Portland, OR for $45.0 million to a third party. For the trailing twelve months ended December 31, 2022, the hotel’s ...

Summary Pebblebrook essentially suspended its dividends to common shareholders during the pandemic and has yet to reinstate it. The company's financials continue to recover and management is targeting a higher quarterly payout later this calendar year. Shareholders are offered an al...

Pebblebrook Hotel Trust (PEB) Q4 2022 Results Conference Call February 22, 2023 09:00 AM ET Company Participants Raymond Martz - Chief Financial Officer Jon Bortz - Chairman and Chief Executive Officer Conference Call Participants Shaun Kelley - Bank of America...

Pebblebrook Hotel press release ( NYSE: PEB ): Q4 FFO of $0.20 beats by $0.03 . Net loss of -$39.9M. FQ1'23 Net loss: ($48.6) to ($43.6) million and Adjusted FFO (1) per diluted share $0.06 to $0.10. Shares -0.14% . For further details see: ...