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As July 2021 comes to a close, we look back at the new preferred stocks and ETDs introduced during the month, offering annual yields ranging from 4% to 10.5%. Here is a comparison against highest quality preferred stocks in our coverage universe, as ranked by our internal “CDx3...
Pebblebrook Hotel Trust (NYSE: PEB): Second Quarter and Year-to-Date Highlights “Our resorts benefited from the surge in leisure travel, which accelerated throughout the quarter,” noted Mr. Bortz. “Compared with the second quarter of 2019, ADR at our...
Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today announced it has closed its previously announced underwritten public offering of 10,000,000 of its 5.700% Series H Cumulative Redeemable Preferred Shares (the “Shares”) at a public offering price of $2...
Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today announced that due to the recent scheduling of another hospitality company’s conference call during its prior-scheduled date and time, the Company has changed the date and time of its quarterly conference cal...
U.S. equity markets rebounded from an early-week dive as investors shrugged-off COVID concerns following a historically strong start to corporate earnings season and better-than-expected housing market data. "American Exceptionalism" was the theme as COVID concerns across internationa...
Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today provided notice to the record holders (the “Notice of Redemption”) of the Company’s 6.50% Series C Cumulative Redeemable Preferred Shares (the “Series C Preferred Shares”) of the r...
Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today provided notice to the record holders (the “Notice of Redemption”) of the Company’s 6.375% Series D Cumulative Redeemable Preferred Shares (the “Series D Preferred Shares”) of the ...
Pebblebrook Hotel Trust (PEB), a real estate investment trust, has acquired the Jekyll Island Club Resort in Georgia, US for $94M.The 200-room Jekyll Island Club Resort was first established in 1888 and is located on Jekyll Island, and will continue to be managed by Noble House Hotels & R...
Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today announced that it acquired the Jekyll Island Club Resort for $94.0 million. The 200-room resort is listed in the National Register of Historic Places and is located in the heart of Jekyll Island, one of the renowned...
Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today announced that on July 21, 2021, it priced an underwritten public offering of 10,000,000 of its 5.700% Series H Cumulative Redeemable Preferred Shares (the “Shares”) at a public offering price of $25.0...
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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...