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Fall is the perfect time to embrace the outdoors, and according to Travel + Leisure’s report on a recent survey from TripAdvisor, around 80% of travelers are choosing domestic trips this year. Curator Hotel & Resort Collection ("Curator"), with a collection of alm...
Summary U.S. equity and bond markets plunged to the lowest levels of the year this past week after the Federal Reserve reiterated that further economic "pain" was necessary to cool inflation. Declining in five of the past six weeks and effectively erasing all of the benchmark's ga...
Pebblebrook Hotel Trust ( NYSE: PEB ) operating trends turned lower in August vs. July even as transient business travel demand and activity kept recovering, it said Tuesday. "As expected, August operating results were not as strong as July due to normal back-to-school...
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 October 17, 2022 to shareholders of record...
Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today announced that on September 14, 2022, it closed on the sale of the 117-room Hotel Vintage Portland in Portland, OR for $32.9 million to a third party. For the trailing twelve months ended June 30, 2022, the hote...
Summary COVID hit Hotel REITs extra hard, but this year has seen a great deal of leisure travel within the U.S. As a result, Hotel REITs are the fourth-best performing REIT sector of 2022 thus far. The forecast for earnings growth is outstanding, all across the Hotel REIT sect...
Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today announced that it will report its financial and operating results for the quarter ending September 30, 2022 on Thursday, Oct 27, 2022, after the market closes. The Company will conduct its quarterly conference call ...
U.S. equity markets failed to extend their weekly winning streak as hawkish commentary from Fed officials sparked renewed pressure on bonds and sent benchmark interest rates back to four-week highs. Following a four-week rally that had erased over half of the benchmark's year-to-date ...
4 Ashford Hospitality preferred stocks have massively lagged the recent huge rally in hotel REIT preferred stocks and offer a potential 30% total return from now till year’s end. In fact, these preferred stocks have actually fallen steeply in price while other hotel REIT prefer...
Hotel and resort REIT Pebblebrook Hotel Trust ( NYSE: PEB ) said it has sold Sofitel Philadelphia at Rittenhouse Square for $80M, with the net proceeds used to reduce outstanding debt borrowings associated with recent hotel acquisitions. As part of the recent updates ...
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Pebblebrook Hotel Trust (NYSE: PEB): “Second quarter demand was in line with our expectations, with healthy business group, transient and leisure boosting the urban markets, and strong weekday and weekend demand positively affecting our resort portfolio. Our recently redeveloped and re...
Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today announced that four of its high quality, upper-upscale and luxury hotels and resorts, were featured in Travel + Leisure’s 2024 World’s Best Awards, winning five awards in total. “We’re extremel...
2024-07-03 18:44:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...