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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 ...
2023-04-30 09:00:00 ET Summary U.S. equity markets extended their rebound this week as a strong slate of earnings reports clashed with renewed concerns over financial instability and economic data that provided fodder for both bulls and bears. Closing at its highest levels since e...
2023-04-28 09:12:02 ET Pebblebrook Hotel Trust (PEB) Q1 2023 Results Conference Call April 27, 2023 10:00 AM ET Company Participants Raymond Martz - Chief Financial Officer Jon Bortz - Chairman and Chief Executive Officer Tom Fisher - Chief Investment Officer and...
2023-04-27 05:57:58 ET Summary Hotels are a tough industry, but PEB is one of the best operators. Its strong hotel portfolio along with seasoned management provides a certain stability to PEB. This stability bodes well for Preferred shares which provide outside yield as well a...
2023-04-26 16:24:07 ET Pebblebrook Hotel press release ( NYSE: PEB ): Q1 FFO of $0.14 beats by $0.04 . Revenue of $305.72M (+18.5% Y/Y) beats by $14.13M . Same-Property Total RevPAR increased 23.8% vs. 2022 Business demand, both group and transient, continu...
Pebblebrook Hotel Trust (NYSE: PEB): (1) See tables later in this press release for a description of Same-Property information and reconciliations from net income (loss) to non-GAAP financial measures, including Earnings Before Interest, Taxes, Depreciation and Amortization ("EBITDA"), ...
THE ICONIC VICEROY SANTA MONICA COMPLETES $21 MILLION RENOVATION FEATURING NEW GUESTROOMS, OUTDOOR SPACES, AND SUGAR PALM, A CALIFORNIA COASTAL DINING EXPERIENCE PR Newswire The beachside lifestyle hotel unveils a top-to-bottom reimagination spearheaded by award-winning design...
Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today announced that it will report its financial and operating results for the quarter ended March 31, 2023 on Wednesday, April 26, 2023, after the market closes. The Company will conduct its quarterly conference call on Thursday,...
Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today announced that on March 28, 2023, it closed on the sale of the 157-room Hotel Colonnade Coral Gables, Autograph Collection in Coral Gables, FL for $63.0 million to a third party. For the trailing twelve months ended Decem...
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 ...
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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...