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Pebblebrook Hotel Trust (NYSE: PEB): Third Quarter and Year-to-Date Highlights “Demand continued to recover in the third quarter from the second quarter, with Same-Property occupancy down 15.5% to 2019 versus the second quarter’s 20.0% decline from 2019,”...
Summary U.S. equity markets rebounded with their best weekly gains since July after a decent start to corporate earnings season eased the seemingly-relentless selling pressure even as interest rates swelled to multi-decade-highs. Rebounding from two-year-lows and gaining for just ...
Pebblebrook Hotel ( NYSE: PEB ) sees its Q3 same-property total revenue and revenue per room both exceeding pre-pandemic comps for the first time, as business transient and group demand growth stay at healthy levels. Total revenue is expected to be $403.9M, up from $39...
Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today announced that on October 13, 2022, it successfully refinanced $2.0 billion of credit facilities and term loans, resulting in a $650.0 million senior unsecured revolving credit facility (“Credit Facility ...
Summary Hotel REITs have held up surprisingly well throughout the recent market turmoil and remain one of the top-performing property sectors this year following a solid summer of operating performance. Several years of pent-up leisure demand from COVID delays helped to offset a s...
Davidson Resorts Selected to Operate Newport Harbor Island Resort PR Newswire Davidson with Pebblebrook will oversee comprehensive repositioning and rebranding of iconic New England Resort on Goat Island ATLANTA , Oct. 5, 2022 /PRNewswire/ -- ...
Pebblebrook Hotel Trust ( NYSE: PEB ) doesn't expect that the costs to repair damage caused by Hurricane Ian at several of its resorts to be material to its financial results. The storm caused it to close two of its resorts in Naples, Florida -- the LaPlaya Beach Resort ...
Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today announced that several of the Company’s resorts were impacted by Hurricane Ian. However, the Company does not expect the costs to repair and remediate damage from the storm to be material. The 189-room La...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips The potential for high returns and stable income streams have made real estate investment trusts, or REITs, a popular investment vehicle. However, not all REITs are created equal, especially with a potential recession hangi...
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...
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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...