PEB News and Press, Pebblebrook Hotel Trust of Beneficial Interest From 06/27/23

2023-06-27 10:41:19 ET Morgan Stanley on Tuesday upgraded Sunstone Hotel Investors ( NYSE: SHO ) to Equal-weight from Underweight, given lower competitive supply and leverage. "SHO ranks as the most favorable on our lodging REIT framework," said analyst Stephen Grambling. "...

2023-06-25 09:00:00 ET Summary U.S. equity markets posted their worst week since March after central bank officials in the U.S. and globally warned that further monetary tightening is necessary to contain inflation. Snapping a five-week winning streak that had sent the benchmark t...

2023-06-23 09:28:37 ET Pebblebrook Hotel Trust ( NYSE: PEB ) said Friday it expects revenue per room (RevPAR) for the second quarter to fall "slightly below expectations" as weekend leisure demand dwindled in recent weeks. “Weekend leisure demand has weakened over the...

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 July 17, 2023 to shareholders of record as of June 3...

Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today announced that it will report its financial and operating results for the quarter ended June 30, 2023 on Thursday, July 27, 2023, after the market closes. The Company will conduct its quarterly conference call on Friday, July...

2023-05-29 09:00:00 ET Summary U.S. equity markets hovered around nine-month highs this past week as surprisingly solid economic data and earnings reports offset pressures from hawkish central bank rhetoric and a debt ceiling stalemate. Posting its highest end-of-week close since ...

2023-05-25 17:02:20 ET Pebblebrook Hotel Trust ( NYSE: PEB ) said Thursday it closed on the sale of the Hotel Vintage Seattle in Washington for $33.7M to an undisclosed third party. For the trailing twelve months ended March 31, the hotel's net operating income was $0.8M a...

Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) announced that on May 24, 2023, it closed on the sale of the 125-room Hotel Vintage Seattle in Seattle, WA for $33.7 million to a third party. For the trailing twelve months ended March 31, 2023, the hotel’s net operatin...

The 2023 T+L 500 was announced in the May issue of Travel + Leisure , with 10 Curator Hotel & Resort Collection member properties awarded as one of the 500 best hotels and resorts in the world. “Having our member properties named the ‘World’s Best’ ...

Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) announced that on May 9, 2023, it closed on the sale of the 189-room Hotel Monaco Seattle in Seattle, WA for $63.3 million to a third party. For the trailing twelve months ended March 31, 2023, the hotel’s net operating ...