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U.S. equity markets bounced back following the worst week since February as relief over a last-minute compromise to raise the debt ceiling offset disappointment over another weaker-than-expected employment report. After flirting with "correction territory" earlier in the week, the S&a...
U.S. equity markets staged a late-week rally to end a turbulent week with gains as concerns over instability in Chinese markets were offset by signs of resilient strength across US housing markets. Snapping a skid in which the benchmark average declined in 10-of-12 trading s...
Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today announced that it acquired the 369-room oceanfront Margaritaville Hollywood Beach Resort in Hollywood, Florida for $270 million from an affiliate of KSL Capital Partners, LLC. The lifestyle resort will continue to b...
U.S. equity markets remained under pressure this week amid concerns over tax hike proposals and the looming fiscal cliff while fresh data showed that soaring prices have sent consumer confidence plunging. Declining in eight of the past ten trading sessions and dipping below its 5...
Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today announced that it will report its financial and operating results for the quarter ending September 30, 2021 on Thursday, October 28, 2021, after the market closes. The Company will conduct its quarterly conference c...
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 15, 2021 to shareholders of record...
Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today announced that it closed on the sale of the 189-room Villa Florence San Francisco on Union Square in San Francisco, CA for $87.5 million to a third party. Based on the hotel’s operating performance for 20...
U.S. equity markets advanced to fresh record-highs this week as dovish Fed commentary, strong housing data, and signs of a COVID apex offset geopolitical concerns following a deadly attack in Afghanistan. Capping off the week with its 52nd record closing high - the most in a sing...
Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today provided an update on recent operating trends. Please visit https://investor.pebblebrookhotels.com/investor-presentations-1/ to view the updated presentation the Company issued on its website with additional...
U.S. equity markets retreated on a choppy week after a downbeat slate of economic data heightened concern that the recent COVID resurgence could stall or reverse the global economic reopenings. Exhibiting a reversion back to the "stay at home" trading patterns, the large-cap S&am...
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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...