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U.S. equity markets rebounded following the worst week since February on promises of bipartisan progress on a significantly slimmed-down infrastructure package, reflecting concern that additional stimulus could further inflame inflation. Delivering its best week since February and clo...
Klaus Vedfelt/DigitalVision via Getty Images Pebblebrook Hotel Trust (PEB) expects to reach positive adjusted FFO in Q3 2021 as "operating trends are improving every week, with leisure demand continuing to show robust growth and business travel recovering," according to its latest invest...
Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today provided an update on recent operating trends, which continue to improve each week. The Company expects to achieve positive Adjusted EBITDA re in the second quarter of 2021 and positive Adjusted Funds from Opera...
U.S. equity markets slid to their worst week since February after the Federal Reserve accelerated its "lift-off" plans in response to surging inflation, sparking a sell-off in economically sensitive assets. Snapping a three-week winning streak and retreating from record-highs set...
The REIT sector has achieved gains in every month of 2021 thus far, including a +1.77% average total return in May. Micro cap REITs (+12.2%) rebounded in May after a couple of rough months to significantly outperform their larger peers. Mid caps (-0.03%) narrowly failed to extend thei...
Most REITs are seeing improving trends — including occupancy gains in seniors housing, apartments, and lodging and pricing power strengthening in apartments, single family home rentals, industrial and storage, writes Evercore ISI analyst Steve Sakwa, in summing up meetings the firm hos...
U.S. equity markets rallied to fresh record highs this past week as long-term interest rates retreated despite inflation data showing the highest annual rise in consumer prices in decades. A seemingly insatiable bid for Treasury Bonds - a counterintuitive trend that some analysts like...
Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) announced that on June 10, 2021, it closed on the sale of its leasehold interest in the 194-room The Roger New York in New York, NY for $19.0 million to a third party. The Roger New York is subject to a ground lease with ...
designer491/iStock via Getty Images At the REITweek Investor Conference, it was indicated that the REIT industry looks poised to be the beneficiary of the continuing economic recovery, with capital markets playing a constructive role in supporting that growth going forward. As per real estate...
Photo by Klaus Vedfelt/DigitalVision via Getty Images The hotel real estate investment trust, Pebblebrook Hotel Trust, (PEB) updates its recent operating trends and plans to sell its leasehold interest in The Roger New York for $19M to an unaffiliated third party. Pebblebrook says overal...
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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...